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
    A Kodak engineer constructed the first digital camera in 1975. They didn't want to go digital. They went bankrupt in 2012.
    9
    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
    The retail price for the iPad would be $1,140 if it were built by American workers instead of Chinese.
    100
    If you pronounce the names of products wrong in an Apple Store, employees are not allowed to correct you.
    5
    The creator of the NIKE Swoosh symbol was paid only $35 for the design.
    114
    Dunkin' Donuts
    Dunkin' Donuts
    Dunkin' Donuts in South Korea started spraying coffee aroma into public buses every time their jingle played. Coffee sales increased 29%.
    47
    Apple co-founder Ronald Wayne sold his 10% share in 1976 for $800. Today, it’s worth over $58 billion.
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