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Entreprenuer Donahue Peebles speaks at NSU

Jevonya Hughes

Section: Student Life
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"This is the guy that Donald Trump should be asking for advice or a job," said Norfolk State University alumni Ernest Hodge during his introduction of renowned entrepreneur R. Donahue Peebles.

Peebles, whom is a chairman and chief executive officer of the Peebles Corporation,the largest African American owned real estate development firm in the country, spoke to about 300 students and faculty Thursday September 27 at 12:30 in the Douglas L. Wilder Performing Arts Center. Peebles speech was centered on the ins and outs of making it from the bottom up as an entrepreneur.

Peebles, who entered the business world at the age of 19, discussed in great detail how he came from the bottom to the top. He discussed the many successes that he has had through the guidance of his grandparents.

"My grandparents helped me to get where I am today," said Peebles who grew up in Washington D.C, and went on to Johnson and Wales where he received an honorary doctorate.

It was when Peebles went into a bookstore and had no luck in finding a book written by a minority regarding how to gain wealth that he decided to write a book.

"I wanted to write a book that would be available to people like you, and like I was whom weren't born rich and have work for everything that they have," said Peebles. "It doesn't take inheritance to make someone wealthy,but the drive to want to be something, to be somebody."

"We as minorities dream of playing in the NFL, or being an entertainer. Instead of playing, own the team, and instead of being the entertainer, own the venue that the concert is held," said Peebles, who feels that there is no such thing as luck.

"Luck is when opportunity and preparation come together. One must be prepared to take advantage of any opportunity when it presents itself," said Peebles.

The Peebles Principles, the title of Peebles first book, was given to all NSU students in attendance that had a valid student id. The book discusses key principles that one should know before taking that next step in becoming a well known entrepreneur.
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