Business Facts

    Random Business Facts

    There are 75 Business Facts!

    90% of all restaurants fail during their first year of operation.
    48
    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
    Carlos Vasquez, a dry cleaner in New York, has a sign outside his shop that reads: If you are unemployed and need an outfit clean for an interview, we will clean it for free.
    7
    Nearly 22,000 checks will be deducted from the wrong account over the next hour.
    53
    Nokia was once famous as a manufacturer of toilet paper.
    17
    Dmitry Argakov
    Dmitry Argakov
    A man named Dmitry Argakov was sent a letter offering him a credit card but he didn’t like the terms. So he altered the contract to include unlimited credit at 0% interest which the bank accepted but then tried to void his card. He sued the bank for not sticking to terms of the credit contract and won.
    48
    Microsoft made $16,005 in revenue in its first year of operation.
    43
    Bill Gates, the founder of Microsoft was a college drop out.
    95