Business Facts

    Random Business Facts

    There are 75 Business Facts!

    Warner Chappel Music owns the copyright to the song 'Happy Birthday'. They make over $1 million in royalties every year from the commercial use of the song.
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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.
    15
    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.
    12
    John Mackey (Whole Foods CEO)
    John Mackey (Whole Foods CEO)
    In 2006, the CEO of Whole Foods reduced his salary to $1 a year, donated his entire portfolio to charity, and set up a $100,000 fund for staff facing personal problems.
    47
    Google's Mower Goats
    Google's Mower Goats
    Rather than using mechanical mowers, Google regularly employs a flock of 200 goats to naturally mow and fertilise the lawns.
    28
    It has been scientifically proven that praise rather than criticism is the best way to help employees improve.
    10
    China's Pollution Is so Bad, a Millionaire Made over $6m Selling Cans of Fresh Air
    In response to China's air pollution, a Chinese millionaire started selling cans of fresh air for $0.80 and made over $6 million dollars in 10 months.
    19
    Every year, Louis Vuitton burn all their unsold bags. They burn them in order to prevent them from being priced lower.
    6