Business Facts

    Random Business Facts

    There are 75 Business Facts!

    Bill Gates, the founder of Microsoft was a college drop out.
    95
    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.
    22
    Every year, Louis Vuitton burn all their unsold bags. They burn them in order to prevent them from being priced lower.
    6
    All 3 founders of Apple worked at Atari before forming Apple.
    49
    In 1907, Kellogg’s launched a campaign called "Wink Day" to promote Cornflakes. Women were encouraged to “wink at your grocer and see what you get” (and what they got was a free box of cereal!)
    -2
    Yahoo! was originally called 'Jerry's Guide to the World Wide Web'.
    82
    It has been scientifically proven that praise rather than criticism is the best way to help employees improve.
    10
    Nintendo has banked so much money, they could run a deficit of over $250 million every year and still survive until 2052.
    5