Business Facts

    Random Business Facts

    There are 75 Business Facts!

    Oil tycoon, John D. Rockefeller, was the world's first billionaire.
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    The CEO of Japan Airlines makes $90,000 a year, less than the pilots. During an interview, he said "We in Japan learned during the bubble economy that businesses who pursue money first fail. The business world has lost sight of this basic tenet of business ethics."
    9
    As part of an advertising campaign, Molson, a Canadian beer company, strategically placed 'beer fridges' around Europe that only Canadian passports could unlock.
    11
    When Scott Paper Company first started manufacturing toilet paper they did not put their name on the product because of embarrassment.
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    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.
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    90% of all restaurants fail during their first year of operation.
    48
    The founder of McDonald's has a Bachelor degree in Hamburgerology.
    158
    7-11 sells 10,000 pots of coffee an hour, every hour, every day.
    27