Business Facts

    Random Business Facts

    There are 75 Business Facts!

    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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    IKEA Boss
    IKEA Boss
    Despite being one of the top 10 richest men in the world, Ingvar Kamprad (founder of IKEA) lives in a small home, eats at IKEA, and uses the bus.
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    The first McDonald’s drive-thru was opened near a military base in Arizona “to serve soldiers who weren’t permitted to get out of their cars while wearing fatigues.”
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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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    The first female self-made millionaire in America was a black woman.
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    80% of Publishers' Clearing House $10 million winners did not purchase any magazine subscriptions!
    -9
    A man sued Bank of America for erroneously foreclosing on his home and won. When they didn’t pay the fees, he foreclosed their bank.
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    Blockbuster laughed at a Netflix partnership proposal in 2000.
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