Business Facts

    Random Business Facts

    There are 75 Business Facts!

    90% of all restaurants fail during their first year of operation.
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    80% of Publishers' Clearing House $10 million winners did not purchase any magazine subscriptions!
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    The Gmail logo was designed the night before it was launched.
    68
    Every year, Louis Vuitton burn all their unsold bags. They burn them in order to prevent them from being priced lower.
    6
    The CEO of Japan Airlines makes $90,000 a year, less than the pilots. During an interview, he said "We in Japan learned during the bubble economy that businesses who pursue money first fail. The business world has lost sight of this basic tenet of business ethics."
    9
    Nokia was once famous as a manufacturer of toilet paper.
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    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
    Dead Google's Employees' Families Receive Fantastic Package
    If an employee of Google dies, their spouse will receive half their pay for 10 years as well as stock benefits, and any children will receive $1000 a month until they turn 19.
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