Business Facts

    Random Business Facts

    There are 75 Business Facts!

    It has been scientifically proven that praise rather than criticism is the best way to help employees improve.
    10
    A Kodak engineer constructed the first digital camera in 1975. They didn't want to go digital. They went bankrupt in 2012.
    9
    There's a café in France which charges €7 for a coffee to rude customers and €1.40 to people who talk politely to staff.
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    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
    At YouTube Headquarters, employees can either take the elevator, stairs or slide.
    13
    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
    Blockbuster laughed at a Netflix partnership proposal in 2000.
    20
    Starbucks uses round tables to make solo coffee drinkers feel less alone.
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