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
    As part of an advertising campaign, Molson, a Canadian beer company, strategically placed 'beer fridges' around Europe that only Canadian passports could unlock.
    11
    McDonald's serves 75 hamburgers every second, according to the company’s Operations and Training Manual.
    5
    It has been scientifically proven that praise rather than criticism is the best way to help employees improve.
    10
    Steve Jobs' annual salary was $1, just enough to keep company health benefits.
    73
    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
    Coca Cola owns all the domain names that can be read as 'ahh'. Such as ahh.com, ahhhh.com, ahhhhh.com, and so on... all the way up to 62 h's!
    5
    The first product that the toy company Mattel came out with was picture frames.
    17