Business Facts

    Random Business Facts

    There are 75 Business Facts!

    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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    90% of all restaurants fail during their first year of operation.
    48
    Duracell, the battery-maker, built parts of its new international headquarters using materials from its own waste.
    89
    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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    The man who created the Thighmaster was once a Bhuddist Monk.
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    The most productive day of the workweek is Tuesday.
    105
    Yahoo! was originally called 'Jerry's Guide to the World Wide Web'.
    82
    Colgate's first toothpaste came in a jar.
    172