4.6 • 17.4K Ratings
🗓️ 11 August 2019
⏱️ 126 minutes
🧾️ Download transcript
“When goods don't cross borders, soldiers will.” — Charles Koch, quoting Frédéric Bastiat
This episode will no doubt surprise people, and my guest came to me through channels I wouldn't have expected.
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Charles Koch received a bachelor’s degree in general engineering and two master’s degrees, in nuclear and chemical engineering, from the Massachusetts Institute of Technology.
He is chairman of the board and CEO of Koch Industries Inc., a position he has held since 1967. He is renowned for growing Koch Industries from a company worth $21 million in the early 1960s to one with revenues estimated as high as $110 billion by Forbes. It’s one of the largest privately held companies in the world, and by revenue, it’s larger than both Boeing and Disney. He has transformed the business into a diverse group of companies that employ nearly 130,000 people—making everything from Dixie cups to components in your cell phone.
Charles credits the success of Koch Industries to applying proven principles of social and scientific progress, which led to the development and implementation of his Market-Based Management® (MBM®) business philosophy. He describes MBM and its applications in two of his books, The Science of Success and Good Profit.
Charles is now using those principles in philanthropy, as the founder of Stand Together, to tackle some of the biggest challenges in the U.S. Stand Together is partnering with thousands of social entrepreneurs to help them improve their effectiveness and scale at tackling poverty, improving K-12 education, bringing justice to our criminal justice system, and more.
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0:00.0 | optimal minimal. |
0:02.0 | At this altitude I can run flat out for a half mile before my hands start shaking. |
0:06.1 | Can I ask you a question? |
0:08.1 | Now I just sit in the perfect time. |
0:10.1 | What if I did the opposite? |
0:12.1 | I'm a cybernetic organism living this show on metal-hinted sculler. |
0:16.1 | Lee-Tem-Farris-Show. |
0:24.6 | This episode is brought to you by ExpressVPN. |
0:28.1 | What is VPN? |
0:29.2 | Virtual private network. |
0:31.2 | It's an app that you run on your computer or your mobile device. |
0:33.7 | It secures your internet connection, hides your public IP address, |
0:36.7 | and lets you bypass regional restrictions on content. |
0:40.2 | And I actually asked my followers on Twitter, 1.5 or 1.6 million of you, |
0:45.7 | for VPN recommendations. |
0:47.7 | Your favorites, many wrote back that ExpressVPN was their favorite, |
0:51.5 | including a number of people who have been on this podcast. |
0:54.0 | So I gave it a shot. |
0:55.0 | I've been using it for a few weeks now. |
0:57.1 | And it is ridiculously fast. |
1:00.6 | To the extent that I thought I didn't have it on to give you an idea, |
1:04.8 | ExpressVPN is consistently rated the fastest VPN service on the market. |
... |
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