One of the graduate students says what you talk about all this focus on creating value for others.

Isn't that a little naive? He said, I mean, shouldn't you just, you've got to maximize your profit.

Oh my gosh. I said, well, maybe it is a little naive, but it's working pretty well for us.

Hello and welcome to the Psychology Podcast. In this episode, my guest is Charles Koch.

Charles Koch is chairman and CEO of Koch Industries, one of the largest privately held American companies.

During his tenure with the company, the estimated value has grown from 21 million to more than

a hundred billion. Charles has published several books detailing his business philosophy,

including the science of success, good profit, and believe in people. As an influential philanthropist,

he supports education, a community of organizations addressing persistent poverty,

and public policy research focus on developing effective solutions to societal problems.

He has founded numerous organizations, including Stand Together and the Kato Institute,

and he holds two masters degrees in nuclear and chemical engineering from MIT,

and he lives in Wichita, Kansas, with his wife Liz. In this episode, I talked to Charles about his

bottom-up approach to social change. Charles recognizes that each individual has a gift.

Schools and organizations should cultivate these unique strengths instead of trying to force people

into molds. Charles asserts that institutions can create more meaningful value this way,

by truly believing in people. We also touch on the topics of multiple intelligences,

self-actualization, education, innovation, and philanthropy. So it's my great pleasure to bring you.

Charles Koch. How are you doing?

Hey, this is an honor. Oh, it's an honor to talk to you. I want to talk to you for such a long time.

Well, yeah. I mean, I think to Liz with presenting me your book in the first place,

and now I've got to thank you for writing it for goodness' sake.

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