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
    A full-time cashier at Costco makes about $49,000 annually. The average wage at Costco is nearly 20 dollars an hour and 89% of Costco employees are eligible for benefits.
    13
    Tim's Place
    Tim's Place
    There's a restaurant in Albuquerque called Tim's Place that serves breakfast, lunch, and hugs - and it's owned by a man with Down's Syndrome.
    97
    The Shell Oil Company began as a novelty shop in London that sold sea shells.
    3
    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.
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    80% of Publishers' Clearing House $10 million winners did not purchase any magazine subscriptions!
    -9
    It has been scientifically proven that praise rather than criticism is the best way to help employees improve.
    10
    Starbucks uses round tables to make solo coffee drinkers feel less alone.
    11