Tales and Tactics From an Entrepreneur's Life of Winning Deals, Succeedinng in Business, and Creating a Fortune from Scratch At the tender age of 19, Donahue Peebles entered the business jungle with no resources beyond his native smarts, a decent education, and a powerful drive to succeed. Seven years later he became a multimillionaire. Today, with a net worth of more than a quarter-billion dollars, he commands a real-estate empire. How did this determined young entrepreneur achieve such spectacular success so quickly? Can others learn his secrets and emulate his accomplishments? Can you? Part The Art of the Deal and part Why Should White Guys Have All the Fun , The Peebles Principles distills the lessons Mr. Peebles has learned on his journey from congressional page to CEO of the largest black-owned real-estate development firm in the nation. These crisp, straightforward principles can help any motivated entrepreneur go from dirt poor to filthy rich in a hurry. Some lessons are motivational and inspirational; many are hardball business how-to's that apply in any industry and any type of transaction. Key Peebles Principles Colorful and detailed behind-the-scenes accounts of each transaction provide a real-world business context for each principle and show you how to apply them in practice.
Often we find success guides written by folks whose path is so different than ours that the story is inapplicable. This is not one of those times. The Peebles Principles: Tales and Tactics from an Entrepreneur's Life of Winning Deals, Succeeding in Business, and Creating a Fortune from Scratch is just that, a guide for those who did not inherit their startup capital or grow up playing golf with masters of the universe. Donahue Peebles provides an example of how to get your foot in the door, learn the game (in your industry), and then play to win, including navigating the ups and downs and turning lemons into lemonade.
- Think bigger - You are the sum of those you spend time with
Made me remember when you think in extra zeros, you end up making them. Thinking bigger leads to bigger deals, simply that's because you are looking for them instead of the small ones. Same idea as when you buy a new car and start seeing it everywhere.
Spending time with people that are where you want to be in life will accelerate your growth. Works just like osmosis. You get access to people, groups, ideas, and deals you wouldn't see otherwise.
This was a good book with a fair amount of practical information. I particularly appreciated the epilogue after each chapter to review the Peebles Principles discussed in the chapter. It's definitely a good book for the aspiring investor/developer as well as the more experienced real estate professional.
I actually read this book twice this year because it was so good. The second time I read it, it only got better. His very transparent story telling is much appreciated. I took many notes and had reflection points on almost every page.
So good I finished it in 3 days. I loved every second of this book. Well thought out with wisdom valued at thousands of dollar (I believe ). He gave a formula to success and I love it. Very real and honest as well.
I just finished this book last night. It has some good things to take from it, he really used a lot his know how in politics to get most of his big commercial deals. it was great insights of how the big time developer hands their projects. I found that to be a great ingredient.