A Quote by Charles Koch

My philosophy, one of the biggest enemies of future success is past success, because you become complacent, you become risk averse, and that's one of the things we try to drive here, and this is fundamental to this philosophy, and that's in this component change, and also in value creation. That we need to drive creative destruction, not just incremental innovations, but innovations that will change the whole nature of the business.
Success is when the whole gets enlightened. When you become one with the whole, that's the real success. To be one with the whole is the real success. And when that success is achieved, then you really enjoy that growth - that growth of your awareness which makes you one with the whole. That is what you have to know, is to become your whole. You are just a fragment, a segment, a cell. You have to become the whole and that can be done only through this connection.
People seem to think you can change cars and just get on with life. Sometimes you do, but it was quite tough for me to understand the whole philosophy and to drive the car.
There are three types of innovations that affect jobs and capital: empowering innovations, sustaining innovations and efficiency innovations.
One of the biggest threats to success is success itself. When you get a little bit ahead, it's all too easy to become complacent and to quickly lose what you have gained.
The reason why it is so difficult for existing firms to capitalize on disruptive innovations is that their processes and their business model that make them good at the existing business actually make them bad at competing for the disruption. Companies in fact are specifically organized to under-invest in disruptive innovations! This is one reason why we often suggest that companies set up separate teams or groups to commercialize disruptive innovations. When disruptive innovations have to fight with other innovations for resources, they tend to lose out.
Science...has become identified with a philosophy known as materialism or scientific naturalism. This philosophy insists that nature is all there is, or at least the only thing about which we can have any knowledge. It follows that nature had to do its own creating, and that the means of creation must have included any role for God.
Yes, I have a philosophy, and you have to come with good arguments to change that philosophy, but, if someone has a better argument than me, then I will change.
Embrace change. Envision what could be, challenge the status quo, and drive creative destruction.
Companies, in fact, are specifically organized to under-invest in disruptive innovations! This is one reason why we often suggest that companies set up separate teams or groups to commercialize disruptive innovations. When disruptive innovations have to fight with other innovations for resources, they tend to lose out.
I speak about universal evolution and teleological evolution, because I think the process of evolution reflects the wisdom of nature. I see the need for wisdom to become operative. We need to try to put all of these things together in what I call an evolutionary philosophy of our time.
Procrastination is the fear of success. People procrastinate because they are afraid of the success that they know will result if they move ahead now. Because success is heavy, carries a responsibility with it, it is much easier to procrastinate and live on the "someday I'll" philosophy.
I recognize thart even you, yourself, will change. Your ideals will change, your tastes will change, your desires will change. Your whole understandings of who you are had better change, because if it doesn't change, you've become a very static personality over a great many years, and nothing would displease me more. And so I recognize that the process of evolution will produce changes in you.
The locus of corporate innovations has been product development. But in times of rapid and unpredictable change, the creation of individual products becomes less important than the creation of a general organizational aptitude for innovation.
We've had great successes, but our future is not about our past success. It's going to be about whether we will invent things that are really going to drive our future.
If you have a strong business idea, then it is comparatively easy now to get capital. It is a positive thing that increasingly more people want to join the startup bandwagon. However, to build a successful business, focus on creating more value through the product, and direct your efforts on solving real issues. If you manage to build a sustainable product, revenue will follow. A lot of startups fail because they concentrate on incremental innovations, increasing user base, and monetisation before strengthening the core of their business.
Never lose a holy curiosity. Try not to become a man of success but rather try to become a man of value. He is considered successful in our day who gets more out of life than he puts in. But a man of value will give more than he receives.
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