# Peter H Thomas (Century 21 Canada Founder) Losing $70 Million and Why He Never Panicked

Page: https://stenobird.com/podcast/the-home-service-expert-podcast-439107/peter-h-thomas-century-21-canada-founder-losing-70-million-and-why-he-never-panicked
Text version: https://stenobird.com/podcast/the-home-service-expert-podcast-439107/peter-h-thomas-century-21-canada-founder-losing-70-million-and-why-he-never-panicked.md
Podcast: [The Home Service Expert Podcast](https://stenobird.com/podcast/the-home-service-expert-podcast-439107)
Published: 2026-05-29T22:01:00+00:00
Episode link: https://homeserviceexpert.com/peter-h-thomas-century-21-canada-founder-losing-70-million-and-why-he-never-panicked
Audio file: https://traffic.libsyn.com/secure/homeservicemillionare/PETER_H_THOMAS_WIDE.mp3?dest-id=567121
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JSON: https://stenobird.com/v1/public/podcasts/the-home-service-expert-podcast-439107/episodes/peter-h-thomas-century-21-canada-founder-losing-70-million-and-why-he-never-panicked
Duration seconds: 820

## Resource

🚀 FREEDOM 2026 Get your Tickets Today! https://homeservicefreedom.com/ Peter Thomas built $8 billion in real estate — then lost $70 million when his silent partner went bankrupt. At 87 years old, he's sharp, happy, and still building. Tommy gets the real story: how Peter faced 18 creditors with nothing, negotiated every single one, and rebuilt from zero. The lesson? Your skill set and your network are the two things no collapse can ever take from you. -- 🕐 TIMESTAMPS 🕐 -- 00:00 Peter Thomas introduction 01:15 Century 21 Canada 1974 01:34 Built $8 billion 02:13 Biggest failures discussed 03:39 Living well at 87 04:31 What are your values? 04:45 Health and freedom aligned 06:05 Choose your life partner 06:19 Give everything away 07:09 Tommy grew up alone 07:40 Partner went bankrupt 07:58 Down $70 million 08:41 Skill set always survives 09:16 What was next move? 09:42 Negotiating 18 creditors 10:20 Worked all 18 deals 11:00 How to find Peter 11:29 Happiness is a choice 11:48 Tommy's life at 45 12:26 Manifesting your future 🚀 FREEDOM 2026 Get your Tickets Today! https://homeservicefreedom.com/ Check Out My Social Media: Tiktok ⟶ https://www.tiktok.com/@officialtommymello Instagram ⟶ https://www.instagram.com/officialtommymello/ Facebook ⟶ https://www.facebook.com/thomasmello/ My other podcast: Tommy Mello Millionaire ⟶ https://www.youtube.com/@officialtommymello Live Q&A submission form: https://homeserviceexpert.com/questions

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