Charles Koch shares his perspectives on life, business with Bill Bennett

July 16, 2018

Koch Industries Chairman and CEO Charles Koch recently sat down with radio host Bill Bennett for a wide-ranging discussion on the concept that virtuous cycles of mutual benefit drive both good companies and a good society. Check back here each week for a new installment of the eight-part series. 

June 25, 2018 | Part 1: In the first segment, Koch discusses his upbringing and the beginning of his involvement with Koch Industries, including its successes and failures. The episode introduces the concepts of “good profit” and virtuous cycles of mutual benefit.

July 2, 2018 | Part 2: Koch discusses the role of virtuous cycles in business and the need to understand what customers value in order to derive mutual benefit from a transaction. The episode covers the importance of developing knowledge networks within businesses, as well as building a culture that values experimentation and prudent-risk taking.

July 9, 2018 | Part 3: Koch discusses the importance of taking risks and eliminating all forms of protectionism to enable innovation. The episode also explores how virtuous cycles have allowed Koch Industries to evolve its capabilities over the years.

July 16, 2018 | Part 4: This segment explores how virtuous cycles in business can be replicated across various institutions in society. Koch explains what is needed for individuals and businesses to succeed, while also exploring what happens in the absence of these principles.