“I Walked Into My Boss's Office and Fired Myself” - Chase Koch on the Importance of Finding Your Power Alley
“I was promoted to president of Koch Fertilizer at that time, and about nine months in, I realized that I was not the guy for the job.
And I walked in my boss's office and fired myself.
Humiliating, especially being the boss's son. Oh my God, I'm a failure. I couldn't make this work.
The business was still doing fine, but I wasn't doing a good job as a leader. And I knew there was someone else that had the comparative advantage to be a great operator, CEO, president type role.
And so I learned through all that, that I wasn't an operator, and I was a builder. Like, all I wanted to do was go build this stuff, you know, this whole idea of creative destruction, that would disrupt the core business that I was running.
Understanding your comparative advantage, what you're good at and what you're not, relative to others that could be doing that job, was a huge deal.
My hope was that that was a little bit of an example for other Koch leaders as well. If you're not in the right job, you don't have to, like, fire yourself, but figure out what your power alley really is and where you can contribute and add the most value.”
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