Q&A with Bill VanCanagan
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Q&A
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Bill VanCanagan is a partner with Datsopoulos, MacDonald & Lind, P.C. in Missoula, Mont. A 1978 graduate of Stanford University with a degree in economics, VanCanagan earned his law degree from the University of Montana in 1981 and an LL.M. in federal taxation from Boston University in 1982. His practice focuses on business planning and transactions. His practice areas include entrepreneurial and emerging companies, mergers and acquisitions, joint ventures and business combinations, securities regulation, corporate counseling and international transactions. His clients include businesses, owners and investors in the areas of manufacturing, technology, medical devices, financial transactions, recreational products, and real estate transactions.
I worked in construction and later in the restaurant management business.
I had a passion for trouble shooting and solving problems; desire to build strong negotiating skills; and passion and desire to help people.
My chief mentor was my former partner Milt Datsopoulos who passed away in 2022. Milt took me under his wing and became my mentor early on in my career. He was a lawyer with national and international level skills. He understood people and what motivates them and had the uncanny ability of being able to immediately identify the underlying issue(s) affecting the decision-making in any negotiation. He influenced my career and my life in innumerable ways.
Understand the concept of value creation and the necessity of making a paradigm shift from focusing on income to building value in a business. Value creation requires a vision and then relentless execution to make the vision a reality.
There is no single thing that I want to learn how to do. Rather, my focus is on continuously building skills and relationships with people who do great things.
I orchestrated the sale of the historical properties located in the Montana towns of Virginia City and Nevada City to the Montana Historical Foundation; helped save the copper mine in Butte, Montana from closure; and assisted in the acquisition of the railroad from the Burlington Northern, Sante Fe Railroad Co.
If not law, I would probably have pursued a career in business.
I work on a myriad of community development projects including the proposed Missoula Convention Center; represent various non-profit organizations; and assist start-up businesses with structural, governance and finance guidance and connections to potential funding sources.
The primary referral benefit I have appreciated from Primerus is the connection with many great lawyers in the Primerus community who have become close friends and colleagues and tremendous resources not only for legal work but for new ideas, experience, and input.
I don’t really have a treasured material possession. Although I enjoy some material possessions, I try not to focus too much on them.
My happiest childhood memory is fishing on the Montana rivers and lakes with my dad.
I do not have any one favorite movie but enjoy many movies in general. My favorite book may be “Hamilton” which is the life story of one of the nation’s most prolific founding fathers.
The most inspiring place I have visited is Flathead Lake, Montana for its natural beauty and majestic mountains and scenery.
My leisure time pursuits include reading, speech writing, business development, golf, boating, and fishing.
“Success is becoming what you want to be and is attained by applying your energies to your work and you will apply your energies in exact proportion to the intensity of your desire.” ~ Wallace Wattles
The three top business leaders in the state of Montana and the three top elected officials.
Trips to the Mediterranean, Europe, and the Pacific Rim.