David Bing, a former Detroit Piston came to our class Thursday September 20, 2007. Bing is originally from Washington D.C., went to Syracuse University starting in 1962, and played professional basketball from 1966-1978.
In 1966, he made $15,000 in the NBA. A graduate of Economics and Marketing from Syracuse, David Bing productively used his time in the off season to work in finance and learn the steel industry. After he retired from basketball, Bing started his own company in Detroit called The Bing Group (http://www.binggroup.com) which is a supplier of metal stamping for the auto industry. His three daughters currently help him run the business.
David Bing has a “let’s get done” attitude when doing business in Detroit. The summer of his Rookie year being a Piston, he experienced the riots in 1967. He said after that he knew he needed to make Detroit home and be part of the revitalization. Bing has stayed with his word and continues to do business in the city of Detroit.
David Bing is just as successful as an entrepreneur as he was on the basketball court. His genuine attitude shows through his way of doing business and giving back to the community. He is responsible for building 40 new homes in a neighborhood adjacent to his plant and is building a $60 million 112-unit luxury condominium development with some local heavy hitters, such as Roger Penske and Joe Dumars. The Watermark Development will be located on Detroit’s East Riverfront.
