Business Facts

    Random Business Facts

    There are 75 Business Facts!

    Blockbuster laughed at a Netflix partnership proposal in 2000.
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    Newman’s Own foods donates 100% of its post tax profits to charity. As of June 2012 these donations have exceeded 330 million dollars.
    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
    It has been scientifically proven that praise rather than criticism is the best way to help employees improve.
    10
    Free Russian Coffee Houses
    Free Russian Coffee Houses
    There are coffee houses in Russia where food and drink are free, but you pay for time.
    39
    90% of all restaurants fail during their first year of operation.
    48
    The upside-down ketchup bottle earned its inventor 13 million dollars.
    14
    IKEA Boss
    IKEA Boss
    Despite being one of the top 10 richest men in the world, Ingvar Kamprad (founder of IKEA) lives in a small home, eats at IKEA, and uses the bus.
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