Interview with Walter Booth, Chairman of The Timberland Group
Walter Booth started at Timberland as a young Project Engineer more than 40 years ago. He rose to the rank of President, bought the company, sold the company and is now Chairman. He is an engineering graduate of McMaster University. He has donated at least $3 Million to the Faculty of Engineering.
The Timberland Group grew signifcantly during those years. Originally a company that manufactured winches for the logging industry, they now provide special winches and hoists for mining, power distribution, underwater exploration and off-shore oil.
Insights from this 30-minute interview with Walter Booth:
“The business still excites me after 40 years.”
“They hired me because I had experience in the ski lift business.”
“Buying the company – we worked on that deal for at least a year. You want it to move faster but it just took longer.”
“My boss encouraged me to join the Young Presidents Organization. I got to hang around successful business owners.”
“As chairman my chief role is mentoring and developing the new owners.”
“You have to bend the rules if you want success.”
Click below to listen or download this 3-minute interview: