Business Facts

    Random Business Facts

    There are 75 Business Facts!

    Programmer Outsourced Job to China So He Could Surf Reddit and Watch Cat Videos
    A man secretly outsourced his programming job to China. He filled his work day watching cat videos, surfing Reddit and Facebook. Before being caught and fired, he made hundreds of thousands.
    20
    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
    90% of all restaurants fail during their first year of operation.
    48
    The first product that the toy company Mattel came out with was picture frames.
    17
    Nokia was once famous as a manufacturer of toilet paper.
    17
    Steve Jobs' Secretary
    Steve Jobs' Secretary
    Steve Jobs' secretary told him that she was late for work because her car wouldn't start. That very afternoon, Jobs came back and threw her a set of keys to a brand new Jaguar, saying: "Here, don’t be late anymore."
    57
    The first owner of the Marlboro Company died of lung cancer.
    342
    The founder of McDonald's has a Bachelor degree in Hamburgerology.
    158