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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    Dmitry Argakov
    Dmitry Argakov
    A man named Dmitry Argakov was sent a letter offering him a credit card but he didn’t like the terms. So he altered the contract to include unlimited credit at 0% interest which the bank accepted but then tried to void his card. He sued the bank for not sticking to terms of the credit contract and won.
    48
    The average company saves over $7,000 for each employee suggestion that is enacted!
    41
    McDonald's
    McDonald's
    Every day, 1% of the world's population is served at McDonald's.
    10
    Volvo's Overseas Delivery Program
    Volvo's Overseas Delivery Program
    Americans buying a Volvo can get a free holiday to Sweden to test drive their new car. All costs, including airfare and shipment of the car, are covered by the Volvo Overseas Delivery program.
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    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
    At YouTube Headquarters, employees can either take the elevator, stairs or slide.
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