Business Facts

    Random Business Facts

    There are 75 Business Facts!

    Steve Jobs' Secretary
    Steve Jobs' Secretary
    Steve Jobs' secretary told him that she was late for work because her car wouldn't start. That very afternoon, Jobs came back and threw her a set of keys to a brand new Jaguar, saying: "Here, don’t be late anymore."
    57
    Lenovo CEO Redistributed His $3M Bonus to 10,000 Employees. Twice.
    As a reward for record profits, the CEO of Lenovo, Yang Yuanqing, received a $3 million bonus, which he redistributed to about 10,000 of Lenovo's employees. He did the same again in 2013.
    22
    Blockbuster laughed at a Netflix partnership proposal in 2000.
    20
    Apple co-founder Ronald Wayne sold his 10% share in 1976 for $800. Today, it’s worth over $58 billion.
    -4
    John Mackey (Whole Foods CEO)
    John Mackey (Whole Foods CEO)
    In 2006, the CEO of Whole Foods reduced his salary to $1 a year, donated his entire portfolio to charity, and set up a $100,000 fund for staff facing personal problems.
    47
    Oil tycoon, John D. Rockefeller, was the world's first billionaire.
    51
    It has been scientifically proven that praise rather than criticism is the best way to help employees improve.
    10
    All 3 founders of Apple worked at Atari before forming Apple.
    49