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.
    15
    Free Russian Coffee Houses
    Free Russian Coffee Houses
    There are coffee houses in Russia where food and drink are free, but you pay for time.
    39
    The first product that the toy company Mattel came out with was picture frames.
    17
    Over 4.6 million Whopper sandwiches are sold at Burger King every day!
    36
    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.
    44
    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.”
    13
    Nokia was once famous as a manufacturer of toilet paper.
    17
    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.
    97