Charles Koch: How a Love of Philosophy Unlocked Exponential Growth

Charles Koch, Chairman and CEO of Koch Industries, is one of the great business minds of our time. He grew a small engineering firm from $21 million in revenue to over 10,000 times the revenue. Yet in both his business and philanthropic work, he is first and foremost a philosopher. Koch explains how thinkers such as Abraham Maslow and Joseph Schumpeter shaped his outlook on the conditions for human flourishing, and why it's important to enable every employee to self-actualize. Rejecting centralized top-down systems, Koch developed Market-Based Management -- a philosophy that enables his companies to constantly reinvent themselves through virtuous cycles of mutual benefit that provide value to both employees and customers.
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00:00 Show intro
01:04 Charles's upbringing & finding his passion
10:30 Why great builders study philosophy
14:35 The biggest problem in the world
23:56 Creative destruction & creating value for others
29:33 The mistakes we made in not responding to attacks
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[@ifeanyimayor486]

The life of Koch is very inspiring. A man I admire so much

[@sinfulysweetair]

Thank you I love the way you think we all need to stop stepping on each other to get up we can all succeed if we work together. we all have something to contribute if everyone would just afford each other the space and time to do so

[@awh4272]

21:37 - constantly looking for gaps is a key to success

[@cl5862]

Great man Charles Koch! Even if Elon Musk has $200-B in liquid cash, if he will build a business like Koch Industries, it will take him decades- or it may never happen at all

[@jacobzaranyika9334]

Thank you🙏
I will watch this later.

[@AmericanOptimist]

Thanks!

[@KevinOst]

A valuable discussion that I wish every politician and business leader would take the time to listen to and think about. Thanks for posting Joe & Charles!

[@Thefungshow]

Thank you gentlemen. Greetings from Hong Kong

[@stuomsen5094]

Very valuable interview that I hope reaches many policy makers in government and business!

[@AmericanOptimist]

Thank you! That's our goal!

[@theajones6080]

And who would be the leader of this self actualized society?

[@telowitz]

Charles is correct.

[@Whitewolf4869]

I’m surprised there aren’t more comments
This is a gold mine of info.

[@spldrong]

Good stuff as usual

[@josephbettie5388]

Yes sir it always interesting listening, I have learn slot for you.😁

[@kevinhawekotte4432]

Thank you!

[@tyc00n]

one of the best episodes

[@theajones6080]

He certainly comes off as affable. I understand he's brilliant, but I've read about his family's philosophy and applications of it, and its kind of disturbing.

[@ericanderson3534]

The companies I worked for sought to outsource my career of 35 years to India and after about 15 years succeeded. So I retired.

[@talkcommonsense]

The truth always prevails...

[@aaronfrick5454]

What exactly dyou mean?

[@ShparkleDurginz]

What "truth"?

[@SonuKumar-xz3wr]

24:10

[@seanpierre1338]

I admire him but unfortunately i HATE the empty jargon of ‘virtuous cycles of mutual benefit’ stuff