The Power of Habit with Charles Duhigg
Motley Fool Hidden Gems Investing
The Motley Fool
4.3 • 3.1K Ratings
🗓️ 18 February 2020
⏱️ 3 minutes
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| 0:00.0 | With the monthly full money extra, I'm Chris Hill. |
| 0:11.4 | Everybody has habits, but we probably don't think about our habits as deeply as Charles |
| 0:16.2 | DuHig does. |
| 0:18.0 | Charles is a Pulitzer Prize winning journalist, and in 2012 he wrote his first book, The Power |
| 0:23.0 | of Habit, Why We Do What We Do in Life and Business. |
| 0:27.8 | When we talk, he explained how every habit has three parts to it, and to demonstrate |
| 0:32.7 | he used one of the most common habits that we have, brushing our teeth. |
| 0:37.0 | Though it turns out that particular habit was not always so common. |
| 0:42.1 | So a hundred years ago, almost no one in the United States brushed their teeth. |
| 0:45.4 | It was basically something that like rich people did once a week. |
| 0:50.4 | It was such a big deal. |
| 0:51.4 | It was kind of a status thing, right? |
| 0:52.4 | And it was such a big deal that in World War I when they were recruiting troops, the |
| 0:56.4 | military actually said that dental hygiene was a national security risk because so |
| 1:00.6 | many soldiers had rotting teeth. |
| 1:03.6 | And nobody could solve this problem until this marketer named Claude C. Hopkins, who's |
| 1:07.7 | totally forgotten today, but was kind of famous a hundred years ago, until he decided that |
| 1:12.1 | he was going to take on Pepsidin in exchange for a bunch of stock in the company. |
| 1:16.1 | And what he did was he created a habit around it. |
| 1:18.9 | He created every habit has three parts. |
| 1:20.7 | There's a cue, a routine, and a reward. |
| 1:24.3 | He found this cue, the film on people's teeth, right? |
... |
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