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Chase Koch
President, Koch Disruptive Technologies

Principles Over Politics: Chase Koch and Demario Davis on Building What Lasts

🎥 May 15, 2025 📺 John Hope Bryant ⏱ 79m 👁 964 views
In this live episode of Money & Wealth, John Hope Bryant sits down with business leader Chase Koch and NFL star Demario Davis for an honest conversation about leadership, purpose, wealth, failure, and what it really means to build something that lasts. From growing up under one of America’s biggest business legacies to creating impact through football, philanthropy, and entrepreneurship, Chase and Demario open up about the principles that shaped their lives — including contribution, resilience, self-actualization, and preferred partnerships. The conversation dives into: Why principles matte...
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About Chase Koch

Chase Koch, executive vice president at Koch Industries and co-author with his father Charles Koch of *Becoming a Principle-Driven Leader*, has been on a multi-city book tour in 2025 and 2026. In interviews and public appearances, he has discussed the company's hiring philosophy, stating that Koch hires "first on values, second on skills, third on last on credentials" and that the firm does not give "a damn" about Ivy League credentials. He has described the company's transformation from an industrial firm to a technology company, and said the firm has walked away from potential acquisitions where it could not turn the corner on culture. Koch also discussed his personal experience of "firing myself" from the role of CEO of Koch Fertilizer, saying he applied the principle of comparative advantage to recognize where his own skills best fit. Koch has also spoken about the company's approach to public engagement, saying "we made a lot of mistakes over the last few decades where we let the media define us as opposed to getting out there and defining ourselves." He described his father's shift toward political engagement, saying Charles Koch "avoided politics the first 40" years of his social-change work but later concluded that "bad policies are holding people back." Through the Stand Together foundation, Koch has worked with NFL player Demario Davis on a program called the "philanthropic locker room," which he described as a co-creation to help athletes sustain their impact after their playing careers. He also promoted a new AI-powered app called "Principle Companion," which he described as a tool to coach users through problems using the principles from the book.

Source: AI-verified profile updated from Chase Koch's recent appearances. Browse all interviews →

Transcript (81 segments)
J
John Hope Bryant0:02
Hey, hey, John Hope Bryant here. This is the Money and Wealth podcast series on iHeart Radio on Black Effect Network, season 3. This is a very special podcast that you're about to witness. It's one of the few live podcasts that I have ever done. And as you know, again, when I bring on a guest, they're always special. This ended up different than I thought it was. This interview with Chase Koch, who is the heir apparent of one of the wealthiest private companies, most successful in the world. I think it's grown 9,000 times since its founding in the 1960s. It's one of the biggest private companies in the world. They have 8,000 employees just in Georgia alone, 120,000 plus employees around the world. And not to tell their business, but I think his father's worth about $70 billion. So, you think that Chase might be a jerk, you know, because it's hard not to be for some people. It's hard for him to be. He's a really decent, good guy. And I was prepared actually not to like several years ago based on some of the things I'd heard and seen a few years ago, the political dynamics, and to see them self-correct and come into what I call the middle of America on their own says a lot to me about their true character and that I just gained a lot of respect. And so this meeting that we had both behind closed doors, in the green room, conversations leading up to it, and the podcast that was recorded live with no editing. I mean what you see is what you get. I mean it just shows you should never prejudge people. Be nosy. Give everybody a shot because you never know where you're going to meet a friend or meet somewhere in the middle and build bridges versus walls. And that's what happened. I mean, you had every race of people in this podcast, every class structure, Republicans and Democrats, blacks and whites, rich and poor, billionaire, and somebody trying to buy some air. And it was just really, really inspiring. And he was there to promote his new book, which is, I would tell you, fantastic. I'm reading it now. And I was there for my podcast, but also my new book, Capitalism for All. And he wrote a book with his father. And I wrote a book with my spiritual father, Ambassador Andrew Young, his father Charles Koch. The book, his book is called Becoming a Principled-Driven Leader by Charles Koch and Chase Koch. And my book is Capitalism for All by me and forward by Ambassador Andrew Young. I also put him on the phone with Ambassador Young. Ambassador Young really liked him as well. And we would find it hard to agree to argue on something. I mean, we found ourselves in massive agreement on things that really matter and it inspired me like maybe we can bring this country back together. Anyway, I want you to watch the podcast and listen to it for yourself and make your own determination. But I think it's going to make you cheer for the country to feel like we're not hopeless to see that people still listen, even the most powerful in the world listen because his dad who's now I think 90, who's brilliant obviously for running, built, and by the way, and you'll hear about challenges they've had in their own family. I mean, they sued each other, not Chase and his father, but the brothers and whatever. They almost destroyed this empire over power and money and other things. So, everybody's got problems. Everybody's got drama. But life is about how you deal with that. How do you come out on the other side? How do you punch through? Rainbows only follow storms. You cannot have a rainbow without a storm first. And what drives that? What centers that? And for them, for Chase and his dad, it's the last men standing so to speak in the company are principles and values. And so this book, Principled-Driven Leadership, they have 41 principles and they even have an app, it's called the Principle Companion. I've downloaded it and you should pull up the app, it's pretty cool and it has all of the principles and you can ask questions like what are you trying to solve and how do you solve it? And you can literally just type in your question. It says overcome your problems by taking principled action and use the principles that they have outlined. None of which you'll have any problem with. They're all just really good common sense things very much like things I talked to you about and 100% nonpartisan, non-political, non-drama to help you just move your life forward. As I say, PhDs are good and PhDs are better. So download the app. That's free. Get the book. I'm endorsing it. Yes, I said endorsing it. It's a good book. And I think I've got a new friend. Like, I really like this guy, Chase. Like, he stuck with me. So, this is going to be a longer podcast than normal, particularly with this little intro. But, I think you'll be inspired, fascinated. You'll learn something about business, learn something about building something, growing something, making something, sustaining something, working through problems, admitting you're not perfect, falling forward, punching through to your greater version of yourself through principles and values that are timeless. We were there with this great NFL pro, Demario. He's also written I think a forward for this new book or he's one of the endorsers for this new book from Chase and he's a friend of Chase's and he's got his own story. Yeah, be inspired, be encouraged and this is part of money and wealth because this is a wealth mindset that we all need to get. There's some things that he said that inspired me and I learned from and yeah, hope it inspires you, too. Let's go. This is John Hope Bryant, Money and Wealth. And let me introduce you to my new friend, Chase Koch.
Demario, come on, give him some love. You know that the Bible says, 'Be hot or be cold.' Hey. Hey, mommy. Bible. Bible says, 'Be hot or be cold. If you're lukewarm, I'll spew you out.' Translation: Even God is not like mediocrity. You're going to do something, do it with both feet or don't do it at all. I didn't have any idea what this group would look like when because we have, you know, I've been in the back running my mouth. Before I do anything, let me acknowledge my beautiful wife who everybody thinks is my daughter. Shadra Bryan, can you stand up? Shadra, that's her mom and dad. So look, this is Ambassador Young, who wanted to be here, but he had a speech at 94 years of age. He had a speech in Monterey. But he talked to Chase on the phone about an hour ago, and he likes him, by the way. But Ambassador Young has a quote, 'Coincidence is God's way of remaining anonymous.' And I had no idea what this is going to look like. But as I come out and I see this, this is America. I mean, look around you. This is exactly what we should want in every room in America. Every race, every place, every space, gender. And so it's a really beautiful and elegant way to start this conversation. Just so you know, this is going to be on my Money and Wealth podcast. So it'll go around the world, but we're going to ignore that. Have a natural conversation. I want to introduce Demario Davis, who any sports aficionado already knows is a legend, a linebacker, and team captain, which means he was a leader. New Orleans Saints, that's what he's most known for, a founder, a devoted Dreamers Foundation. His wife is also here, who's also his, I thought was his daughter. Demario Davis is a five-time All-Pro linebacker and six-time team captain currently with the New York Jets. He is one of the NFL's most respected leaders on and off the field. He and his wife founded Devoted Dreamers Foundation in 2013 and running youth leadership academies, mentorship programs, and community development initiatives across New Orleans. He has been nominated three times for the Walter Payton NFL Man of the Year Award and the league's highest individual honor. He contributed the forward and endorsement to Becoming a Principled-Driven Leader. Demario is a good brother. Honored to have you with us and I want your hair.
D
Demario Davis10:24
Thanks for having me, brother.
J
John Hope Bryant10:25
And they met in 2019, these two. Chase Koch is my brother from another mother. I really like this dude. Most, I mean, I'm going to just say the obvious. Most billionaires and billionaire kids, the children of, are sort of jerks because life just comes too easy and he's just so normal and approachable and kind. And here's the most important part, authentic. I met him and I can't say where we met because there's no website for this meeting, but I met him in the middle of the country and I walked up to him and I just started talking to him and we had an instant comfort and I said, 'You're just so abnormal because you're normal.' And what I meant by that is what I said earlier that people who are insecure and uncomfortable with themselves and who are impressed with themselves spend a lot of time walking around with sunglasses on at night. And he has no need for any of that. He's just reasonably comfortable in his own skin. And I was fascinated how he formed his own personality in the midst of this entirely overwhelming legacy. And I'm going to read you his bio, but just to give you some context of what he had to overcome to become himself, his dad is reportedly worth just his dad about 70 billion. Now that means he's baller adjacent. And it'd be very easy just to fold in and to become somebody else's personality. And I just want to say in public in front of everybody, I think you're a really cool guy.
C
Chase Koch12:36
Oh man, I didn't pay him to say that. I promise.
J
John Hope Bryant12:40
So, here's the official, official introduction. Chase Koch is the co-author of Becoming a Principled-Driven Leader and the fact that you and your dad like each other is also extraordinary. You, the audience, really needs to loosen up. Hey Curly. 41 principles to build an enduring business which is from Simon and Schuster. The book draws on 60 years of real world experience at one of America's largest private companies. So nobody really knows what it's worth actually, which I think is pretty cool. Chase is the founder of Koch Disruptive Technologies within Koch, which I love that, and served as executive vice president of origination and partnerships at the parent company. Georgia has a second largest company presence in the country within the company. Approximately 8,000 employees across Koch businesses including Georgia-Pacific, Flint Hills Resources, Infor, and Vista Guardian, Koch Engineering Solutions. You get the gist. It's a lot. And I didn't, well, first of all, I feel a little similarity with you because my play father is 94, Ambassador Andrew Young, and your dad, and he's a legend in the world. Your dad's 90ish.
C
Chase Koch14:03
90. Yeah. And both of them still going to work every day. Yeah.
J
John Hope Bryant14:07
And they both live for something larger and more important than themselves. And they both have this humility that they're willing to admit they're wrong. And I didn't really feel in your family a few years ago because of what I thought I knew. And then I heard them course correcting themselves. I like, 'Oh, that's somebody I can get with.' And to me, it's how somebody manages failure and not just success that defines their personality. So let's now get to that and then tomorrow you just jump into this whenever you feel so inclined. So talking about failure, this is extraordinarily interesting to me. You fired yourself as an executive within the company. What principles gave you the courage to do that? You fired yourself within your own family company.
C
Chase Koch15:13
So before I get into that, I just want to say like your intro, I really appreciate that. But to your point on it took you a while to warm up to the Koch name and Stand Together, Koch Inc., the business side, and I think a lot of people have that because we believe what we read in the media and we made a lot of mistakes over the last I'd say few decades where we let the media define us as opposed to getting out there and defining ourselves. And being a private company out of Wichita, Kansas, and we just wanted to put our heads down and do good work and create value. But if you're not out there telling your story, someone's going to write the story for you. And so, my father, to just give a little background on this for the audience, because sometimes it's the elephant in the room, just deal with it, right? And my father would say, he's been working on social change for 60 years of his life. And he avoided politics the first 40 and he didn't want to get into it at all. But what he realized, there's so many bad policies that are holding people back. I've got to get in the game to see if we can get principled leaders in government that make good decisions that create principled-based policies that actually help people as opposed to creating more barriers in their lives. And so got involved in that and one of the biggest learnings I think in terms of our involvement in politics and policy and all of this is picking one team and just thinking about it from a Republican versus Democrat situation. And we all know if you have a tribalist mindset and you're thinking about Republican, Democrat, black, white, whatever, pick your tribe, you're never going to grow. You're never going to learn. You're never going to get beyond that. And so we were thinking short-term versus long-term. Long-term is what built Koch. Thinking about long-term value creation. And the political game sadly is very short-term. So we learned from that and said, 'Okay, it's not about picking a team and just going all in on that. It's about what Frederick Douglass taught us.' And Frederick Douglass is like my dad's number one hero. He's read everything about Frederick Douglass and studied him. And the biggest takeaway I think he learned by studying Frederick Douglass is this idea of working with anyone to do right. And that's such a big idea, right? And thinking beyond a party or whatever tribe you're in and thinking even when Frederick Douglass, what he went through in life to overcome that and said, 'I'm going to help everyone.' It's absolutely incredible, right? And so I think my father learned and we learned that to just have this more kind of libertarian mindset and just preaching to the choir and thinking about it through that lens, we're not going to get anywhere. We're not going to drive the social change we want. You have to really get out there and build preferred partnerships with everyone and listen to Frederick Douglass and be able to work with anyone to do right. So huge opening for us just from a mindset and a principled standpoint and we changed a lot since then.
J
John Hope Bryant18:46
Anybody who's unfamiliar, Abraham Lincoln and Frederick Douglass in the 1800s had this unique, sometimes troubled friendship, constructive friction and they didn't agree on a lot of stuff but Lincoln learned from Frederick Douglass and ultimately became his strongest adviser and it appears your dad has learned from you. Yeah. And has opened up and become, I mean he seems to be like an endless learner now. And tomorrow, we were in the back talking, the three of us were talking about what really matters, how you got connected, how we got connected. And by the way, I really think this is the future of America right here. Because we may not agree on everything, but we agree on the most important things. And we're focused on what we agree on versus what we don't. And one thing I'm going to throw out here as I ask you about your relationship with our friend and can somebody bring me the book? I want to promote the book. I actually like the book. There's 41 principles in the book. Everybody should know. Somebody bring the book. I'm going to put it.
C
Chase Koch19:47
I signed it for him in the back and he doesn't even bring it up here.
J
John Hope Bryant19:50
I don't want anybody taking my book. I don't want anybody taking my copy of the book. Thank you very much. And this is the real boss here, by the way. Yeah.
C
Chase Koch19:57
Yeah. She agreed, by the way. She agreed that she's the real boss. She said yes. Thank you.
J
John Hope Bryant20:02
So in the back I said that in a relationship 2 plus 2 should equal 6, 8, or 10. If you're not better together what are you doing? And a giver and a giver is exotic. A giver and a taker is neurotic. And a taker and a taker is psychotic. And most of our relationships are the last two. And it appears that you and your dad have, you like me and Ambassador Young, Ambassador Young and I, we like each other and respect each other. He allows me to disagree with him. You and your dad seem to have that good relationship and you like each other and you respect each other. You and I have had wide-ranging conversations. I'm going to just say it right here. I've intentionally sort of messed with you. I've intentionally...
C
Chase Koch20:52
I know, I know.
J
John Hope Bryant20:53
You just wanted to see who you were, you know, you can confirm you are who you are and I loved it and we have not had one uncomfortable conversation with you and we've talked about a lot of stuff and none of it was edited or prepped or there was nobody else around us, you know. And my guess is and I want you tomorrow to frame this in your own words, your experience from a completely different perspective, he passed your test.
D
Demario Davis21:19
Well, all of it helped me to really understand this thing of mutual benefit that you guys talked about, Frederick Douglass and Abraham Lincoln. When you really look at their friendship, Abraham Lincoln couldn't win the war without Frederick Douglass because he needed those black soldiers and he had the voice to him.
J
John Hope Bryant21:41
That's right.
D
Demario Davis21:42
And Frederick Douglass couldn't end slavery without Abraham Lincoln because he had the power and access. How I even got into this space long before I met Chase and Charles Koch.
J
John Hope Bryant21:53
And by the way, businessman in his own right, an investor. I mean, much more than an NFL pro. This is a really, really...
D
Demario Davis22:00
Listen, we up here talking about mutual benefit. I don't know what mutual benefit they getting from me. I'm getting a bunch of wisdom from these guys.
J
John Hope Bryant22:06
I just sat in the back. I wish I had my notebook out. Can I just turn AI over my record?
C
Chase Koch22:10
Before you go on on that question, you're the cool factor, bro.
D
Demario Davis22:13
No, he's way more than the cool factor. He's got that too, of course. But like the book Becoming a Principled-Driven Leader, from what knowing Demario the last 6 years, there's like no better example of a principled-driven leader and someone that's constantly thinking about the world whether it's his craft with sports or helping others through the lens of these principles and I wanted to make sure the world hears because he is an example.
Well, thank you for having me. So when my journey started was in the country streets of Mississippi. My grandmother had 10 kids. My mama was the youngest and it was pretty much a single mother raising me in between my mom and my grandmother. And that's where I learned a lot of principles on humility, putting people first and all these things. And though I played sports, my mom also had me reading books and doing all these different things. So by the time I got to high school and got a chance to get a scholarship, what I noticed was the first time I saw a separation between me and my peers. I was going to take the ACT and I was scoring 24, 27 and I didn't really study and my friends were trying to get scholarships but they were scoring 13s and 14s. So that just stuck with me. That was the first time I saw an abnormality. I didn't know what was going on. I mean we did everything together. So by the time I got to college and then going on to make pros, I always wanted to have a solve for that gap. And I realized that a lot of those guys were struggling with reading comprehension I would later find out. And so it really was just about me making it to a place and saying I didn't do anything different than my peers. Not much. I made a lot of the same bad decisions, did all these things not right but here I am in a place and I always said I think God brought me to this place because he knew I would go back. And so it was about what could I do to create a solution? That's what Devoted Dreamers was birthed. Me and my beautiful bride right here of 14 years, this beautiful black angel right here on the front row. We started that in 2013. And it really was just to have a solve for a problem that I had experienced in my life that I had solved. Well, years later, I get a chance to hear about, learn about Stand Together at a Super Bowl event. I had been part of Players Coalition. We had got a chance to continue to do that human thing just looking out for people. I meet him at an event and I read up a little bit about Stand Together. I hear about the principles that they say, bottom-up empowerment and I'm looking at this gigantic empire. With all this access to resources, people capital, all these different things. Well, if you guys live out these principles that many people know on the bottom in these places of power and I didn't really know Chase and Charles at the time. I walked up to him the first day. I shook his hand. I said, 'Hey, if you guys live out these principles, it's going to work.' What shocked me was I was just saying in general if you live out these principles, going to help people with organizations, small organizations that are doing it right, those people closest to the problem are the closest to the solution, if you go empower these organizations, going to work. Within a couple of weeks they were sitting down with me and my wife, what are you guys doing at Devoted Dreamers, how can we help? With pen and pad and trying to figure out how they could supercharge and 100x us. And that work hasn't stopped and that is who he is, that's who his father is, that's who the organization is, that's who the community is, and that's why we've been premier partners with Stand Together since then.
C
Chase Koch25:40
Well, and John, Stand Together, the organization that he's referring to, just to give your audience some background, as I mentioned, my father's been working on social change for 60 plus years. It was in 2003, he realized that if I just try to do this on my own, I'm not going to drive any change. Like maybe help a little bit on the margin, but if we stand together, hence the name, stand together with partners like Demario that have completely different organizations, different networks, different communities and we can help supercharge that and stand together at scale, then you can drive movements, you can drive change around things like poverty, addiction, transform the education system. And that's what we've learned over the last 20 years. I mean, we make a lot of failures and a lot of mistakes. I talked about the one on politics. You know, we learned a lot through that. And we've learned a lot. But back to this, I would say one of the single most important principles that we talk about in the book is bottom-up empowerment. And the whole partnership if you look at Demario and Stand Together is about how do we supercharge him and bring the platform and help him push the easy button because Demario and his wife Tamila have their own platform that if we can help them with capital through our network, the Stand Together community of a lot of business leaders and principled-driven approach and capabilities and network hopefully that we can make them go thousand-x and we want to do that over and over and create a virtuous cycle.
J
John Hope Bryant27:20
Yeah. So, let me back up a little bit. So, great testimony to Demario for what we've said earlier which is authenticity for Chase. But I didn't know everybody else. So, I knew Chase. I thought he was cool. But the Stand Together group, Brian Hooks, he's really quiet, you know, the guy who runs it. And I'm trying, he's checking me out. I'm checking him out. You know, are you real? He's asking, I'm sure he's asking the same question about me. I said to somebody earlier, Brian Hooks is like a slow burn. He just keeps staring at you until he makes up his mind. Then it's all in. Anyway, so I'm just used to people trying to play games with me and so I'm waiting there for the shoe to drop on the conversation. You know, by the way, look at it. Charles has donated like $8 billion to charity. They've endowed Stand Together. I didn't know this until later and was one of our largest, I call it nonprofit venture capitalists in the country and I'm just waiting for this to be like some partisan drama, you know, and it's just the drama never comes. I'm sitting there having these meetings and meetings, I'm telling my people like, you know, we don't play these games. We're just right down the middle and they're like, John, it's pretty much what you see is what you get. And we entered into a partnership with them. It's been very successful. And all I can tell you is it's the real thing. It's transparent. It's straight, straight, no chaser. And to me, that says who your dad's character is. And you and the whole family right now more than anything else is what Stand Together is doing among, I mean, it's one of the biggest national platforms of philanthropy in action that I've seen in the country. And I encourage people to access it. And I can say without a flinch that it is the real deal. And right now we need real deals and we need, you know, rainbows only follow storms, people. You cannot have a rainbow without a storm first. It's a scientific fact. Also, we're living in a moment in history. Right now, I call it the third reconstruction. First one was freedom, civil war. Second one, Frederick Douglass, Abraham Lincoln. Second one was civil rights movement. By the way, all three of those movements rooted here in Atlanta. Civil War ended in Atlanta. The March to the Sea, the Battle of Atlanta and that was Black and White together, by the way, Republican and Democrat together. That got Lincoln reelected, little is known, the battle here. Then the civil rights movement for which my mentor Andrew Young of course was right in the middle of that with Dr. King. Bernice King, I believe, might be here somewhere, by the way. She said she was coming tonight and who's still doing her dad's work and that was black and white together, Republican and Democrat together. But it was a difficult time for the country and we were trying to figure out who we were going to be when we grew up. And I think the third reconstruction is about ownership from the streets to the suites. And the color is not black or white or red or blue. It's green, economic green. And the country once again is having on the 250th anniversary of America an identity crisis, one huge colonic. You audience, you guys are really tough. This is some good stuff I'm giving you and it's one huge family fight and we're going to get through it. We're going to be better together. We're going to stand together. But I think we got to come back to each other after we've gone so far out. Come back to each other with some common sense principles to help people prosper together. I guess the question is if this is a third reconstruction, if this is a moment in history, and if the only way we succeed to be the light on the hill, the biggest economy in the world for 50 more years, because if we don't get this act together, we speaking Mandarin in 20 years. You get that? Like everybody wants to be an American but Americans and no one can win in a fair fight. We got to give this away. So we got to stop arguing with each other and find Stand Together and find some common ground and build an economy together with all groups of people. I guess I want to know because Koch had 9,000, is some crazy thing like 9,000 turns of growth since 1960. It's unbelievable. But defined really these values, defined more from his failures than his successes. What people don't know is that the family had a huge blowup and fell apart and sued each other and had to come together and your dad was not feeling good about that for a few years because it was personal to him. But these values rooted and I think if we can find some values from these 41 that Demario and I and everybody here, you know, Phil Ward over here who's running a business, all these businessmen and women, if we can find a way to root ourselves in shared values that even when the tree, when the storms come, we're still rooted in something that brings us together and keeps us together. What jumps out from either of you from this book that are things that are practical and literally and I, you know, I have a book out right now that's a bestseller, but I wasn't smart enough to do what he did. If I was going to reprint this, I'd steal his idea. What page is this where the graph is? This thing is amazing.
C
Chase Koch33:02
I think it's 21, 22, something like that.
J
John Hope Bryant33:05
I mean, this is, here we go. This is just brilliant. Literally all 41 principles just laid out and I don't, you know, and there's not one of these I disagree with by the way.
C
Chase Koch33:20
Can I grab one of those principles?
J
John Hope Bryant33:22
Sure. Grab a couple.
C
Chase Koch33:23
To your question. And this speaks to how we think about talent. And by the way, as you're saying this, Chase, I want both, I want people how can they become as massively successful as your family has so they have the resources to do good in the world. That's why we wrote the book. Amen. We want that. I mean, a lot of people ask like this principled-based management framework, why would you offer that externally? That's Koch's biggest competitive advantage. Why would you take all these principles? You've codified it. You run your organization. You solve problems with it. Clearly, if you grew 9,000-fold, it's a huge competitive advantage. And I would say this is our secret sauce. It's the principled-based approach. This is it. And the reason why we wrote the book and why this is my dad's fifth book, this is my first, is because we want to help as many people as we can. We certainly didn't write a book to make money. We wrote a book to get these ideas and tell our stories of the failures that we have. Right. I think that's one thing that's different about this book is that we talk about, there's sure, I mean, it's failure turns success but we want people to see themselves in these just day-to-day failures that you go through in business whether it's having the wrong vision, picking the wrong talent, having the wrong culture, all of those things and it only takes one or two principles to transform a business, transform your life personally, I've learned that myself. And so what I would say, I'll just pick one principle in here. Contribution motivated.
J
John Hope Bryant35:05
What is it?
C
Chase Koch35:06
Contribution motivated. And so we've learned this through a lot of different failures. Having the wrong leaders in the wrong roles. If my dad were sitting here and you asked him like what's your biggest failure at Koch? He would say leaving, promoting the wrong leaders into like the big job and then not moving fast enough to get them out. Because they look great on paper, you know, or they've got a great resume, they've got a great network, but they don't have the mindset of what I'm going to go back to sports here a little bit. What Jack Clark, I don't know if anyone in the audience has heard of Jack Clark. He's the most winningest coach of any sport of all time and he was the coach of Cal's rugby team. He's won 30 national championships. And his thing about leadership is it's very simple. It's making those around you better. That is your job as a leader. And so I've watched my father do that, you know, over the course of time. And then he sets the example for others. And through back to contribution motivated, it's the idea that, well let me back up. Our talent model is very simple in terms of who we hire and who we don't hire. We want someone that wants to come in and make a contribution and has a very unique skill that we need. Two things. The opposite of that is someone that comes in more deficiency motivated. And so deficiency motivated, and we see, I'm sure many of you business leaders have seen this, where they've got a fancy resume, 40, Ivy League school, whatever. And they come in and they feel entitled to a certain role, certain title, a certain salary without coming in and actually earning it. Right. And one of the reasons why, frankly, we like being in Wichita, Kansas, our headquarters, and why we like being in Atlanta, and why Georgia is our second largest employer state is because we can hire kids with values, right? So our whole talent model back to this contribution motivated is hire first on values, second on skills, last on credentials. A lot of companies flip that completely upside down, right? And being a Kansas boy, I call it the farm team. I want the kids that grew up on that have that mindset of working on a farm with grit, work ethic, and just want to come in and make a contribution. And then I would say on top of contribution motivated is preferred partnership. And so I've been able to live out both of those principles.
J
John Hope Bryant38:03
Guys, just get the book and if you don't do anything else, just go to the back where it goes through all the principles one by one.
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Chase Koch38:08
Yeah.
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John Hope Bryant38:08
If you don't have time to read the whole book, if you just go and sit with a principle a day, it's going to change your life. But two of those, so contribution motivated and preferred partnership.
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Demario Davis38:15
So for me, I was contribution motivated at the time when I started Devoted Dreamers. It was how can I contribute to society something that doesn't exist. And then there was this word around innovative education. And then when preferred partnership, what preferred partnership is is someone that has shared value, shared vision and complementary capabilities. That's what Stand Together has 10x and close to 100x our work with Devoted Dreamers. Well, all we wanted to do was holistic development around students and now we have the ability to reach the entire country just because of different schools. We all over the country. My wife is traveling more than me now going and visiting with different schools. We have an app that's getting ready to come online that are teaching kids this five-strand model that we started in 2013. If we didn't have the preferred partnership, we wouldn't be able to do that. So, you have to be okay with working with people who don't look like you, people who don't have the same things as you, a different skill, and be able to make those connections. And when you do that, it allows you to accelerate your impact at rapid rates and have more influence or affluence that you would have originally thought you could have imagined. And so that's what I would say is the key for our country going forward is people having a contribution mindset. How can I contribute to society but then forming unlikely partnerships with people on different sides of the track. And if you can create that, it's going to accelerate and it's going to bring our country together.
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Chase Koch39:45
See what he just said? There's no difference between running the business and also what we need in society from our views. I mean that's why it's at the principled level. These are not detailed business rules that top-down you want people to follow. It's empower people with these principles and let them run. And if you're contribution motivated like Demario is to go build his own organization and look what he's doing.
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John Hope Bryant40:09
From a leadership standpoint within the NFL and helping so many NFL players, like, you know, there's beyond the game, what are we going to do? How can I help you succeed whether it's in business or in philanthropy? What do you want to do with...
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Demario Davis40:24
Yeah. That's what has happened is we become friends. We hang out now and so we get a chance to connect and we co-create. So that's what's happened with the philanthropic locker room. We co-created that Stand Together and us and other athletes, we co-created this. How can we serve athletes of today? Well, athletes can't sustain their impact most of the time when they're done playing if they don't put the right system, structures, and partners around. And so we put together complimentary capabilities again and we came up with something. But that was a principle from bottom-up empowerment and this understanding that those closest to the problem aren't the problem. Those are the solutions. The leadership team that Stand Together, we have more that are here today. They sat down with athletes, got on phone calls and said, 'What are the issues? What are the pain points? How can we fix them?' And that humility allowed for vast change to happen in our game. And what we're doing inside the NFL is looking to be modeled in the NBA and MLB.
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Chase Koch41:20
I think. And so this contribution-motivated mindset, it's great, that's how we hire, all these things, but we also realize there are so many people that are left behind. How do you just start with a contribution-motivated mindset, right? And the other thing that I want to just make clear about Stand Together is that we recognize that there are so many barriers holding people back. Stand Together is really this community of, call it a thousand-plus, business leaders but social change entrepreneurs like Deario that all come together, Stand Together, around this idea that every human has a gift and every human has potential, but we have stacked, the institutions of our society have stacked so many barriers against people that people don't believe. Like I was reading this the other day, only 30% of people in America that have been surveyed at least believed in the American dream.
J
John Hope Bryant42:20
That's very sad.
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Chase Koch42:21
And 50% of Americans don't believe that we can solve our own problems.
J
John Hope Bryant42:30
So if that's your attitude, who do you look for to fix your problems?
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Chase Koch42:34
You look for the government to...
J
John Hope Bryant42:36
Questioning capitalism itself and free enterprise.
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Chase Koch42:38
Capitalism. That's why I wrote the book myself. Yeah. And so these barriers, just give one example that should make all of our blood boil is these occupational licenses. I'm sure you know about these and this is like you got to have a permit for everything. You want to start a business, you want to start a business in beauty products and create a hair salon, hair braiding, be a nail technician or you want to be a florist, you have to have a permit for that. Why do you have to have a permit for that? And by the way, it's $10,000 or more to get through the permitting process to go take your skill and go build a small business around. That's the American dream. Just want to go be an entrepreneur. All the things that you talk about, John, and so we have to like take one barrier at a time and blow those up. And whether it's our education system, our criminal justice system or stupid regulations like occupational licensing, we've, that's what we're working on, right? From a Stand Together standpoint and more and more people are joining and like that's at least my call to action to this group and to your community is how do we stand together around something that you care about, a very specific barrier in your community or something that is a nationwide problem and how we come together because we can do a hell of a lot more together than we can alone.
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John Hope Bryant44:07
I want to, yes, agreed, and to both what both of you said. Deario, excellent comments. And by the way, thanks for reminding me, Deario, about the back of the book for anybody with ADD, just go to page 245. It summarizes all the rules. I want to come back, Chase, to you as an example because people again, people look at your life, to a lesser degree, they look at my life, Mario's life, and they, 'Oh, these guys have got it. It's perfect. Everything's perfect.' Well, I can't relate to that. And I talk about the challenges so that people realize we're human beings. I wish my friend Bernice was here for me to brag on her in person. Again, she called today specifically saying she was going to be here, but I know she was coming back from I think it was Birmingham or some place doing some civil rights work, but she could have so easily just gotten either into depression or just become a stamp out of somebody else's image, but she's stuck with that name, King. You have this name, Koch. And I was fascinated and I'm still fascinated with how normal you are. What was that barrier? What was the obstacle, the barrier, the challenge that you had to bust through to get comfortable with yourself that the audience might take some inspiration from? What is that failure, that insecurity that you had to punch through so you just weren't up...
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Chase Koch45:36
You were just not your son's. How long do we have? I've grown up with a lot of insecurities and impostor syndromes and all of that. But I'll take you back to a letter that my grandfather wrote to my father. It was amazing that he wrote this to my father and his older brother because they were the only two alive when he wrote this letter was in 1936. And he put it in a safety deposit box for when he passed on the brothers would open it up and read it. And the letter said something like this. Sons, when I pass away you will receive what seems to be a very large sum of money. You can either let it squander it and let it ruin your life or you can basically invest it and use it to do good. You know, with a little guilt trip in there. It's like I know you won't let me down sort of thing. And on that second piece is I hope you choose the second path because you will feel the glorious feeling of accomplishment. Very powerful words, right? And so my father's passed that idea and that letter on to me. He's got it hung up in his office. I'd walk over there. I look at that original letter and how impactful that was. Because when you're born into wealth and you seem to have everything, you can take that other path and just squander it or just use it for power or pleasure as opposed to you reinvesting it and figuring out like look, you're standing on the shoulders of giants. Like you can do amazing things. What are you going to do with it? And so growing up as a kid, this took me, by the way, I'm 48 years old now. This took me until my early 40s to address all these impostor syndromes. And by the way, I probably still have a few. But what the gift my father gave me, and I give my mother a lot of credit in this, too, is they wouldn't let me be a country club bum. And so when I was 15 years old, and I started having a bad attitude and having sophomoritis and all the things that teenagers go through and I was a tennis player at the time, he said, 'You can either commit and give 100% to tennis or you're going to get a job.' And I said, 'I'm burned out. I'm sick of tennis. Get me a job.' And the first job was, you know, like basically shoveling cow manure and digging post holes and working seven days a week and working 14-hour days. So, I literally went from being kind of country club rich kid to shoveling in 24 hours. And but I look back on that moment and like I think he probably saved my life by putting me down that road. And then you know just over the course of my life learning like going back to that letter even though I didn't really know I was but intuitively it's like I know I'm going to feel good about myself and be able to look in the mirror if I make a contribution. It's why we talk about contribution-motivated. Like we all, like if you can take your gift, whatever it is, and actually make a contribution that helps others, whether it's in business or in philanthropy or the lady down the street, you're going to feel better about yourself. And so just over time, I kind of got out of that impostor syndrome. And also just because my father never forced me into a role that wasn't me. He gave me permission to be me. And I have way different skills than he has. I can never do the job that he, you know, and this is, I think, one of the problems with a lot of family-owned businesses. It's like, well, you know, Junior's up next and he's going to take the role or she's going to take the role just because their last name. Well, like, we don't view Koch as a family business. That surprises a lot of people. We view it as a meritocracy. So when you think about contribution-motivated, what's your gift? What's your comparative advantage? And then also like you want to be in the role where you can self-actualize. This is another one of the principles is self-actualize. And like I didn't know I was learning it at the time, but it came from Abraham Maslow and this idea of what you can be, you must be. And that is so powerful like when you think about that and it's like what if, and that's why we do so much work in communities because we want everyone to feel that and we want everyone to feel the glorious feeling of accomplishment but we have too many damn barriers in the way. And we got to pull all these barriers back. So I mean no one's feeling sorry for me like going to the feed yard and all that, you know, it's like yeah but you have all the resources you could ever want. But I, you know, to your point, like I still want to feel like I'm adding value and I'm making a contribution and we want that for everyone. Everyone in the country.
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John Hope Bryant50:45
I'm going to thank you for being, thank you for that openness. Brother Deario, I'm going to come back to you. I want you to pick a principle that defines that pivot point for you that the audience can take inspiration from. As we come to the conclusion of the formal structure, I'm going to actually do something because it's my podcast and I can, I'm going to ask the audience if they have a question or two. By the way, I want to give Curly, Curly Dossman, a lot of love. He runs the foundation. He represents very well, extraordinary human being and a great leader in Atlanta. So, I'm going to take a couple questions from the audience if you have it. So, think about that. Hey Sam. But question from you as you think about your point. I want everybody to pick up like one principle that is like really important to you from the book that is the signature for you. But Chase, if you ever noticed, we're black. I don't know if anybody else noticed. And with a lot of my, I live in two worlds. I live in the streets and the sweets. And I'm constantly moving between these worlds and often I have to translate and I got to be bilingual and I find very few people who are multilingual. Michael Milken I don't need a translate for. Tony Wester I don't need to translate for but the older they've seasoned and they've really made an intention to be normal and all that. How did you get so comfortable around brothers? I mean is it the music? What the hell? I know you listen to cool music.
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Chase Koch52:25
I think my parents taught back to like our value system. My parents, it was never a discussion about skin color this or that. It's just like you want to be around people that have great values and that there's mutual benefit and like build friendships that way. I do think what my mom frankly, she wanted me to play bitty basketball when I was a little kid. I was eight. My mother wanted me to Bitty basketball. So, this was in Wichita, Kansas, the Salvation Army put on this amazing basketball program. All the best kids in the city played it. So, when I was 7, 8, 9, 10 years old, I played in a bitty basketball. I was an okay player, but I was one of two white kids. There you go. All black team. And it was amazing. I mean, like, not, no, no, no. I mean, but I would just say like those were my homies. Those were my friends. And do I need to translate homies for you? Yeah. But I would say like and I've just carried that on, you know, through life is that like I play in a band on the side as well. My drummer's black, singer black, and it's like I, but I'm color blind from that standpoint. I want great talent that can go deliver a great product and can go win and all that and like I just don't see the world through that lens.
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Demario Davis53:54
Let me rave on him for a little bit and I'm going to answer your question about what principle stands out the most. So when I hang around Chase I feel like I'm two-color not blind. I mean he has a, he is a gatherer. He makes a melting pot, one of the most beautiful melting pots that you ever seen. Like I've gone to a few events that he's hosted. I mean, you got people from every imaginable background, no matter ethnicity, color, orientation over here, political belief over here, religious belief over here, crazy story over here, worst story over here, all in one room. And when it really comes alive is when he plays music with the group. You hear the most unique sound. I'm in New York right now. I think one of the most beautiful sound is Brooklyn Tabernacle in the church because all these different nationalities are singing and they worshiping where it's supposed to go. But the sound that they make with that band, I mean, from the instruments and the sound coming together, but it really shows what his superpower is, his ability to gather people. So, walking in a room like this is nothing for him. He thinks I'm the one that's actually playing the music if the other guy actually. But this what Deario is saying is like that like my north star is to unite people around solutions that empower people that are disruptive.
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Chase Koch55:25
Unite, empower, disrupt. Yeah. I love doing things that are the next curve of technology or the next business model or whatever. I apply that to every element of my life. Then I founded Stand Together Music. Back to the music comment that Deario made because I don't know what you guys think in the audience here, but there's nothing that unites people like the power of music. And it doesn't matter what tribe you say you're in, like you go to that great show, that great concert, that great gathering, all of that BS falls aside. And so I've always loved music since I was a little kid playing music. But also my first business was actually with my friend Oske that he taught me how to build car stereos and we were building boom boxes for my friends when I was 14 years old. That was my first business. You guys know what a boom box is? Yeah. So I think Deario and I decided by the way before we came in here we went to the side we had a little committee meeting we decided to make you an honorary black man. So I would love that. Let me just finish this one. I founded Stand Together Music. You see, they're all shy to basically empower musicians that want to do good, but they don't have the platform like Stand Together. So, we're working like with The Weeknd. We work with like Matt Sorum from Guns N' Roses. Marcus King is one of the most incredible up-and-coming blues guitar players. A lot of different... We work with Daryl McDaniels from DMC. Killer Mike. Exactly. Thank you. But we want to push the easy button on social change for the issue they care about most. And we just, I started that because I was like nobody's doing this. And we have the platform that they need and we can help them push the easy button and get, and that in sports is the same thing. That's what Deario is doing with the NFL and like we can drive movements with that kind of mindset.
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Demario Davis57:37
Amen. And that's why I'm here. The reason why I left football practice today, got on a plane and flew down here. Though I love Chase, though I love Charles, I live these principles, but it's not about this book and it's not about these principles. It's about you. That's why I came in the room. It's about you. For anything to work in our society, it begins with you. Nobody else. It begins with you. God created everybody in this room with inherent value. He created that. It's in you. And the world needs your contribution. You have to have a contribution mindset. We all have to have a contribution mindset. What contribution can you make to society? That's the first part. The second part is people need to see a pathway that they can go and make that contribution. If there are barriers that exist and people want to try, it's going to lead to learned helplessness. Meaning, I try, but I keep getting shocked by defense. And that's where we come together using our complimentary capabilities to remove those barriers for people. And the last piece, and this is what's great about being an American, you have to have a resilient attitude. You will get knocked down. It will be things that you try that you will fail and you will fail horrendously. It could be at work. It could be in relationships. It could be as parenting. It could be anywhere. But you have to get back up. And so I know we in dark times right now, but trouble don't last always. That's what the creator say. But what's going to matter is what we do when we come out of the other side of the dark time. Are we going to be a people with more hope or people with less hope? And I got here, I came here for this to make sure that this room walk out of that tunnel with more hope. And I cannot do it without each and every one of you. So I'm grateful to be here talking about the country.
J
John Hope Bryant59:48
Reverend Deario, the church was happening now. What have you done for me lately? Did you have a point you want to make from the book?
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Demario Davis59:58
The principle is self-actualize. Number five, self-actualize. It was what he spoke about earlier. What these gentlemen are doing in their life, they're being the best versions of themselves. But this only going to go so far. We need everyone to be the best version of themselves. Self-actualize. And it takes all of us. It takes a contribution mindset. It takes pathways where the barriers are removed. And it takes a resilient mindset to do that.
J
John Hope Bryant1:00:26
You're a bad brother, man.
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Chase Koch1:00:28
John, can I, that's impossible to follow. I'm going to try only with a call to action because we want to be able to figure out how we can partner with everyone in your audience, not only here, but in your amazing community that you've built. So, we have the biggest project that Stand Together has ever embarked on. It's called Be the People. Going back to the Declaration of Independence and what created the American dream. Basically this idea that what made America great was this culture of everyone wanting to make a contribution and to help others. So especially now versus any time in our country where it feels so divided and it feels so tribal, Stand Together, bringing people together and encouraging people to be the people and tell their stories of how they're making a contribution in their community. Small, medium, large, doesn't matter. But making a contribution to others and the fact that we use social media for good, right? Tell those stories of what everyone in this room is doing and celebrate those and make these stories go viral and make contribution cool, right? And I think we can, we'll be able to shift this, this is long term. This is not a short term, hey, let's figure this out and celebrate the 250th birthday and then we all go home. This is a decade-long platform we're building and that everyone can be a part of this. So, I just encourage you, check it out. You know, we're on all the social media platforms, but just engage with Be the People and Stand Together. And there's like, we want to push the easy button on how to do that and make sure everyone's a part of what's going to make the next 250 years of this country better than the last.
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John Hope Bryant1:02:25
Amen. Have you guys enjoyed tonight? Now, we can end this right now and have a great evening. You want to hear a question or two? All right. And by the way, anybody was not clear on whether Chase was a brother or not. Just look at those boots you got over. I want those boots.
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Chase Koch1:02:51
My girlfriend over here picked them out for me. I don't dress myself.
J
John Hope Bryant1:02:54
Yes. This beautiful lady. Say your name.
C
Courtney1:02:58
Courtney.
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John Hope Bryant1:02:59
Who? Who? Who? Love you, babe. Who? Who? Yes. Good job, Courtney. You make him cool. Great.
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Leona Bar Davenport1:03:05
Leona, she runs one of the most important business organizations here in Atlanta, Atlanta Business League.
J
John Hope Bryant1:03:13
Houston. Yeah.
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Leona Bar Davenport1:03:16
So, a couple of things. Well, and I'll make it brief, John. I met either your father or your uncle when you first came to Atlanta. Curly hosted a reception at Georgia Pacific. And I recall going in and there were a ton of people that were walking in front of me and everyone was talking shop, you know, business, business. It was just, I'm sure he was tired of it. But anyway, I said to him, 'You're one of two people I know from Kansas.' And he said, 'Who is that?' I said, 'Dorothy and Charles McAfee.' And I don't know if you know Charles McAfee, McAfee Architects, but in a few minutes he shared with me that his son did not want to be a part of the business and that he was working as an EMT at Grady. Is that you or your cousin?
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Chase Koch1:04:17
That's not me.
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Leona Bar Davenport1:04:18
But interestingly enough, based upon what you've said tonight, I see there's a theme. You all had to find your own way. And I think that's powerful. And John, I want to thank you for bringing him here tonight because it really helped me to see another side of what I thought I knew, which you talked about. I thought I knew, too. But I appreciate it and thank you. Continue to do the great work. Thank you.
J
John Hope Bryant1:04:47
And I just, there's no question. Just keep doing what you're doing and I like what I hear and thank you. And Curly, that's great. Jatherine, the entire team back there representing the Koch company. Well, and for the sake of the audience around the world, say your full name, your...
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Leona Bar Davenport1:05:03
Leona Bar Davenport. I'm president and CEO of the Atlanta Business League.
J
John Hope Bryant1:05:08
Yes. Oh, wonderful. Can I make a comment?
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Chase Koch1:05:10
Absolutely. Sure. Leona, you're so shy. One of the principles that we didn't get to talk about, but that was is probably the single most important one to me over the course of my life. Again, whether it's in business or social change or failures that I've had in my personal life, I'll come back to this principle of comparative advantage. And so when you were talking about, you know, is that you? Did you have this job and that job? I had a lot of different jobs that weren't for me. And that was actually the first question that I guess I never answered, how I fired myself as president of one of our largest businesses at Koch. But this idea of comparative advantage and like understanding what your real gift is and trying to experiment with different roles and responsibilities over the course of your life to test like where can you self-actualize with what you do day-to-day and what you choose to work on. And so I think about it as what's your gift, what's your comparative advantage, what are you passionate about number two, and then where is a market opportunity. And when those three things line up in that Venn diagram, the center of that Venn diagram, that is self-actualization. And I can tell I had so many different roles across different businesses where I wasn't self-actualizing. But those failures taught me, you have to figure out what you don't want to do and what you're not good at to really hone in on the bullseye of what you do want to do and what you're good at. And so it may have been different from what your dad had thought was you to do.
J
John Hope Bryant1:06:46
Yes, for sure. Your idea might have been completely different. That's right. Have enough courage to say, 'No, Dad. I'm not doing that.'
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Chase Koch1:06:52
Well, he gave me that courage through these principles. And like I said, a lot of kind of family-owned businesses and fathers don't have that mindset. And it's like, look, I did it this way. I was successful. I've got the template. Do it my way. And he always gave me permission to be me, which was so important. I'm so grateful for that. But I would encourage you guys if you are interested in these principles really dig into comparative advantage and ask yourself what that means for you because I think at some point in our lives we've all been in that role that we know isn't for us or maybe it's the right title and it feels good and you can tell your friends that you're in the right job or whatever but it's not fulfilling you and you're not fully unlocking your potential. So I always ask people is like whether you have a business of 10 people, 100, 10,000, 100,000, whatever, imagine if you had every single person in their comparative advantage. Just think about that and the competitive advantage you would have if you do that where everyone's in their power alley. It's very easy to think about that in sports, like Deario's maybe not going to be quarterback, right? You're a fantastic defensive back and you have a skill for that. It's more obvious in sports, but when we get into business and we think about that or running nonprofits or whatever, for some reason, titles and egos get in the way. And it's about, well, I kind of want the job. I want the big job or whatever. Well, like thank God I chose to fire myself from the big job because my life the last I would say 8 to 10 years since I did that has been completely transformed and I think the company's created a hell of a lot more value because of that. So I would challenge everyone in this audience like what is my comparative advantage and if you're a leader are you organizing your teams around the power of comparative advantage. So anyway, thanks for triggering that in my head.
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John Hope Bryant1:08:58
I want to let everybody know I believe it's true that everybody tonight gets a copy of Becoming a Principled-Driven Leader. They get a copy and I believe you get a copy of Capitalism for All, my bestselling book. By the way, Chase and I were, I've read his book, he's read my book, or since we're reading each other's books and we're so busy and we found enormous commonality. We found very few things to argue about. We actually were tripping over each other like complimenting each other saying, 'Oh, I believe that too.' It's amazing what happens when you talk to somebody. God gives you two ears and one mouth. So you listen twice as much as you talk. People just need to shut up and listen these days. Shut up and listen and ask somebody their actual opinion versus presuming and assuming based on what you've read or what you've heard, what you think you know about the other person. And I am so glad that I just nosy and got up all in your face and fortunate to be my friend. We have a last question here or maybe we have one or two questions. Okay. Yes, right here.
T
Terry Matthews Woodall1:10:15
Hi, my name is Terry Matthews Woodall. This is my husband, Lee. I have a question for you. You actually touched a little bit. There are seasons in our lives as entrepreneurs where success doesn't necessarily align with our purpose. Have you ever felt disconnected where success that you're having is disconnected from your purpose? And what principle in your book would you apply to that?
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Chase Koch1:10:40
Yeah, that is a fabulous question and I love Deario's thoughts on this too, but I've felt that in a number of different roles. In fact, I just recently about a year, year and a half ago switched roles within Koch. You could say I fired myself again. Because the business platform that I built, Koch Disruptive Technologies, which was about investing in the most promising disruptive entrepreneurs that are going to change the world. I did that for about seven years and I absolutely loved it. But then realized that it's getting more to an operating role again and I'm not very good at that. I'm not. And so I need to fire myself again. We have a gentleman that has been in the group since the beginning that is a fantastic operator. He needs to run the business, not me. And so what I switched to was a broad role across Koch that was about business development, partnerships, origination, and it's opening new doors. It's creating relationships with these guys. It's getting us into new areas of technology, opening doors that Koch hasn't been before. The reason I go through that is there's somewhat of an impostor syndrome that comes with that type of role and that I can't measure profit and loss on that. And I think all of us yearn for what's my scoreboard. And so you know I want to bring in new deals. I want to bring in new relationships and all those things but I can't find that on the bottom line of Koch. And so I've dealt with that, the anxiety of that, but realized that I'm now shifting into a role as leader. You're not the one getting all the contracts. You're not getting all the sales and all that. And you can't put clear points on the board. But what you can do is build preferred partnerships and empower people with principles and create a bottom-up environment and a culture to where thousands of people get to go do that. That's a lot more fulfilling than just saying, 'Well, what do I get to do and what do I get credit for?' Right? And so that's like, and I learned this again from my father and I think so many leaders at Koch have as well, even though he's been CEO, he articulates himself as like I'm really kind of a CPO, chief philosophy officer. I study these principles. I read all the books and I figure out how we apply that in business. And all he wants to do is empower people with principles. And that's how he's gotten the scale that he has not only in business of 130,000 employees. He wants to empower leaders and let them take their gifts and go innovate and go add value to customers. It's the same thing he wants to do and we want to do with Stand Together. And that's why we have scale in philanthropy and social change as well. So, I don't know if I directly answered your question or not, but that's how I think about measures and success. And you know, I'd go all over the map on that, but I think as I've gotten older and had more failures, you learn about what good looks like and what creating value is. And it's not just the return on capital on the bottom line.
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John Hope Bryant1:13:56
By the way, Chase, I'm also a lousy operator and I'm a like chief inspiration officer. Chief aspiration officer. Chief tree shaker. And one of my operators is right there, Brian Best, my president, chief financial officer. He does a great job. And I know what I'm not good at. Well, I can be good at if I wanted to. I don't want to. I was average at it. And I mean, Demario, jump in here if you want to with any of this. If you have something, I'm not sure there's anything you're not good at. I've seen you before.
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Demario Davis1:14:33
Well, to answer her question, and I think this is where Charles will really come alive for this as I've had a chance to kind of sit down with him. The principle that this is, actually something he just turned me on in the book, is a life of meaning and synergy. That's the principle. And so, he put me on a book by Viktor Frankl with one line and it was if someone has a means to live but no meaning for which they live, then they're going to be off. And so I don't see those two as, and I don't think what the principle will point to is those two aren't mutually exclusive. They need to be synergetic. So you see him living it out with all the success of Koch Industries and everything that he's achieved in his life but also with this purpose of moving through life and pouring in the principles. Nobody would care about the principles if he hadn't had the success that he had. And so you see those two kind of coming together. For me my purpose is being a human potential unlocker. So yeah, I've been able to have success at the highest level on the football field, but that's just the platform. And people wouldn't care for me to come in and unlock their potential if I hadn't had the success that I was put here to have. So those two kind of go hand in hand. I need the success, but I'm not fulfilled if I'm not unlocking people's potential. And so that's the principle that were pointed to, but it's infused in the entire book. It's infused in all the principles being lived out. You know, Deario, as you're talking, Chase, Deario, as we're talking...
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John Hope Bryant1:15:57
By the way, his answer was a hell of a lot better than mine. And mine. It sounded better, too. He hit the nail on the head. Nail on the head. If you think about as we started this, as we're ending this conversation, I think there's one more question, by the way. Wrap it. As we end this where we started it, I said there's three types of relationships. There's a giver and a giver. And that's exotic. A giver and a taker. And that's neurotic. And a taker and a taker. And that's psychotic. And just in talking, what you keep saying is you're just pouring. You're giving. And as you're giving, yes, you're receiving, but you're focused on the giving. And that's just a natural leader. And the humility and the authenticity. People trust that. They want to follow that. And I think that's a real mark of a great leader. Both of you. I'm proud to call you friends in the fight to do what's right. I'm going to end with a Michael Milken quote who is a forward in one of the forwards in my book along with Ed Bastian, Ambassador Young. He said that intelligence is equally distributed but opportunity is not. And so he spends his life trying to level the playing field on opportunity. And that's what each and every one of you hopefully leaves here wanting to do is to level the playing field. To whom much is given, much is required. If you succeeded, and I'm looking at each one of you now. Public service is the price you pay for the success you've achieved. You didn't get here by yourself. You didn't get here by yourself. I'm looking at a man right here. I've never met him before. I'm looking right now. Just raise your hand. You look, I'm standing you right now. Yeah. Yes. Raise your hand. You met somebody and I know we got to wrap this up. You met somebody when you were a young man. You're a businessman, corporate guy. You met somebody. You saw somebody as a young man, a man, and you said, 'My god, I can do that.' Yes or no? You see, you said yes. We've never met this young man right here. You were, when you were coming up in business as a corporate executive, you met somebody. You saw a man and you said, 'I can do that, too. I think I can do that.' And then somebody gave you a shot, gave you a job, interns, what? Yes or no? I'm a mind reader. No, this is just, I mean this is human experience. None of us got here by ourselves. So lean back and help somebody else. You think you're helping them, you're really helping yourself. Thank you all for being here for Money and Wealth podcast. You get a free book. When you leave, make sure you shake hands with these two individuals. But I have one last special strange request. Say hello to somebody you don't know. Meet somebody who makes you a little uncomfortable because 2 plus 2 has to equal 6, 8, or 10. I want you to leave here a little uncomfortable which make you a lot better. We are better together when we stand together. Ladies and gentlemen, say thank you.