Watch Charles’ unique take on the dark clouds of failure. And the silver linings. The Lessons of Failure “Just because you’re successful doesn’t mean you’re some superior creature.” AUDIO : MY BEST FAILURE Charles reveals how early failures helped shape his management philosophy. AUDIO : CHALLENGE TO SUCCEED Charles explains the critical importance of inviting challenge from others. “I hope your first deal is a loser, otherwise you will think you’re a lot smarter than you are.” Fred Koch's words to his son Charles when he joined the family business at age 26. Previous To receive updates sign up with your email