Business Facts

    Random Business Facts

    There are 75 Business Facts!

    The man who created the Thighmaster was once a Bhuddist Monk.
    42
    Amazon sells more e-books than printed books.
    43
    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
    Lentil As Anything, a successful Australian restaurant, allows its customers to pay whatever price they feel like paying for the food.
    10
    Nintendo has banked so much money, they could run a deficit of over $250 million every year and still survive until 2052.
    5
    Dunkin' Donuts
    Dunkin' Donuts
    Dunkin' Donuts in South Korea started spraying coffee aroma into public buses every time their jingle played. Coffee sales increased 29%.
    47
    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
    Duracell, the battery-maker, built parts of its new international headquarters using materials from its own waste.
    89