You are listening to a Bill Bennett podcast special feature. It's a conversation with Charles Koch.

This is part of a series of discussions with Charles Koch, an American businessman and philanthropist. He is the chairman and CEO of Koch Industries.

We're going to dive deep into a concept developed by Charles Koch called the virtuous cycle

and its potential to impact society positively in four different areas.

Education, community, business, and government.

This is an eight-part series with a new segment released each Monday for the next eight weeks.

We begin our conversation discussing Charles intellectual journey from his concept of good profit

to the concept of the virtuous cycle.

Right, well just go back maybe in a little on how all this originated.

I went to MIT, got three degrees there and became fascinated there with science, the principles of science,

the philosophy of science.

And after I left MIT, I went to work for a consulting firm in Boston called Arthur D. Little, which was then a leading

consulting firm, not just business, but in the whole range of matters, technologies and so on.

In the two and a half years I was there, I pushed myself around and got to work in various groups,

process development, product development, innovation,

management consulting.

That was quite a thing because by the time I left I was almost 26, still 25.

But my father called me a couple times and after I've been

there about two years and wanted me to come back join the company and but I

wanted to be in business for myself I wanted to be an

entrepreneur and Arthur D. Little there and being in Boston was a great place to

look at opportunities or to see opportunities I could go in business with other people or get an idea of something I could do.

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