Business Facts

    Random Business Facts

    There are 75 Business Facts!

    IKEA Boss
    IKEA Boss
    Despite being one of the top 10 richest men in the world, Ingvar Kamprad (founder of IKEA) lives in a small home, eats at IKEA, and uses the bus.
    44
    Colgate's first toothpaste came in a jar.
    172
    90% of all restaurants fail during their first year of operation.
    48
    Bill Gates, the founder of Microsoft was a college drop out.
    95
    The creator of the NIKE Swoosh symbol was paid only $35 for the design.
    114
    Blockbuster laughed at a Netflix partnership proposal in 2000.
    20
    CEO takes over company worth $9m, fires management, gives power to employees, and now makes over $200m
    Ricardo Semler, a CEO in his twenties, took over a company worth $9m, fired most of the management, and gave the power to the employees. It now has a turnover of over $200m.
    15
    The man who created the Thighmaster was once a Bhuddist Monk.
    42