Business Facts

    Random Business Facts

    There are 75 Business Facts!

    Amazon sells more e-books than printed books.
    43
    It has been scientifically proven that praise rather than criticism is the best way to help employees improve.
    10
    China's Pollution Is so Bad, a Millionaire Made over $6m Selling Cans of Fresh Air
    In response to China's air pollution, a Chinese millionaire started selling cans of fresh air for $0.80 and made over $6 million dollars in 10 months.
    19
    20% of tuxedo rentals take place in May.
    13
    A full-time cashier at Costco makes about $49,000 annually. The average wage at Costco is nearly 20 dollars an hour and 89% of Costco employees are eligible for benefits.
    13
    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
    7-11 sells 10,000 pots of coffee an hour, every hour, every day.
    27
    Blockbuster laughed at a Netflix partnership proposal in 2000.
    20