Business Facts

    Random Business Facts

    There are 75 Business Facts!

    When Scott Paper Company first started manufacturing toilet paper they did not put their name on the product because of embarrassment.
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    Amazon sells more e-books than printed books.
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    Tim's Place
    Tim's Place
    There's a restaurant in Albuquerque called Tim's Place that serves breakfast, lunch, and hugs - and it's owned by a man with Down's Syndrome.
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    Duracell, the battery-maker, built parts of its new international headquarters using materials from its own waste.
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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.
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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.
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    Every year, Louis Vuitton burn all their unsold bags. They burn them in order to prevent them from being priced lower.
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    The man who created the Thighmaster was once a Bhuddist Monk.
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