About Dave Schultz

Author of 100 Secrets to Success

A 50-something-year-old Baby Boomer, Dave was born the eldest of seven children in a family with an income level below the poverty line, and getting poorer with each brother and sister born. In the days before government public assistance, if you had a job that couldn't feed you family -- you got a part time job too. If that still couldn't pay the bills, you got yet another. If you still couldn't earn enough to support your family, you ask your kids to help you deliver 200+ newspapers.

From about the age of ten, it was expected of Dave and his brothers to work before school delivering newspapers; and after school to wash dishes, flip burgers, or pump gas. At and early age, the three older Schultz boys learned the hard work ethic. The frustration of growing up in poverty later developed that work ethic into a live to work -- instead of work to live ethic. Days after turning 16, Dave quit school to work construction days, pump gas evenings, and flip burgers on weekends. Shortly after turning 17, Dave enlisted into the military.

While serving, Dave studied and received his GED, and upon fulfilling his obligation used his GI Bill to study Business and Computer Science at College nights -- while working days as a Bill Collector. Dave later applied what he learned in college with his knowledge of the debt collection industry, to become one of the first collection agencies to automate.

After twice successfully building collection agencies for others, Dave in 1989 decided he needed to do it again for himself. After being turned down for a loan by every bank he walked into, he finally found an investor willing to loan him $75,000 at 12% interest -- for a 50% interest as a "Silent Partner" in the new Collection Agency, called Nationwide Debt Recovery. Seven years later he had over 100 employees and was splitting $500,000 a month profit with his "Silent Partner" -- until they were paid $16million for the agency.

Between the time Dave started and sold Nationwide Debt Recovery, he started two other very successful businesses. One is a Distressed Debt Buyer and the other a Software Company specializing in Debt Recovery. Upon selling Nationwide Debt Recovery, Dave semi-retired from the day to day operation of those two business -- turning that over to minority partners so he could make up lost time with his family.

In semi-retirement, Dave picked up a old passion he had given up in the 70s to focus on family and business -- Drag Racing. As his oldest son became of age, he too started drag racing and Dave started racing team to turn a hobby into a business. Dave currently travels all over the country campaigning a car by the name of Big Red Ram in a class of racing called Nostalgia Super Stock. Below is a photo of Dave and BRR.

In 2006, Dave stepped out of semi-retirement and with his son and another partner started a racing oriented business that builds racing and high performance engines and transmissions; and a on-line Speed Shop for racers.

Dave is the father of five, and has been happily married to the same woman since the 70s. The main goal of the book is to encourage Capitalism through proper personal and business techniques.