Business Facts

    Random Business Facts

    There are 75 Business Facts!

    Nokia was once famous as a manufacturer of toilet paper.
    17
    When Scott Paper Company first started manufacturing toilet paper they did not put their name on the product because of embarrassment.
    41
    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
    Volvo's Overseas Delivery Program
    Volvo's Overseas Delivery Program
    Americans buying a Volvo can get a free holiday to Sweden to test drive their new car. All costs, including airfare and shipment of the car, are covered by the Volvo Overseas Delivery program.
    33
    All 3 founders of Apple worked at Atari before forming Apple.
    49
    Apple co-founder Ronald Wayne sold his 10% share in 1976 for $800. Today, it’s worth over $58 billion.
    -4
    As part of an advertising campaign, Molson, a Canadian beer company, strategically placed 'beer fridges' around Europe that only Canadian passports could unlock.
    11
    The first female self-made millionaire in America was a black woman.
    4