Business Facts

    Random Business Facts

    There are 75 Business Facts!

    90% of all restaurants fail during their first year of operation.
    48
    Lenovo CEO Redistributed His $3M Bonus to 10,000 Employees. Twice.
    As a reward for record profits, the CEO of Lenovo, Yang Yuanqing, received a $3 million bonus, which he redistributed to about 10,000 of Lenovo's employees. He did the same again in 2013.
    22
    Nokia was once famous as a manufacturer of toilet paper.
    17
    The founder of McDonald's has a Bachelor degree in Hamburgerology.
    158
    Starbucks uses round tables to make solo coffee drinkers feel less alone.
    11
    Ma Yu Ching’s Bucket Chicken House in Kaifeng, China is considered the world’s oldest operating restaurant, first opening in 1153 AD during the Jing Dynasty.
    11
    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
    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