Business Facts

Business Facts

There are 78 Business Facts!

Most Popular Business Facts

  • 1
    The first owner of the Marlboro Company died of lung cancer.
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  • 2
    Dell Computers was started by a 19 year old with only $1,000.
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  • 3
    In most advertisements, the time displayed on a watch or clock is usually 10:10.
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  • 4
    Colgate's first toothpaste came in a jar.
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  • 5
    The founder of McDonald's has a Bachelor degree in Hamburgerology.
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All Business Facts

  • 1
    Dunkin Donuts in South Korea started spraying coffee aroma into public buses every time their jingle played. Coffee sales increased 29%.
  • 2
    As of 2014, Apple has enough money to buy Facebook, or Netflix, Tesla, Twitter, Dropbox, Pandora, and Spotify combined - with $59 billion to spare!
  • 3
    Despite being the 7th richest man in the world, Ingvar Kamprad (founder of IKEA) lives in a small home, eats at IKEA, and uses the bus.
  • 4
    The Shell Oil Company began as a novelty shop in London that sold sea shells.
  • 5
    Coca Cola owns all the domain names that can be read as 'ahh'. Such as ahh.com, ahhhh.com, ahhhhh.com, and so on... all the way up to 62 h's!
  • 6
    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.
  • 7
    McDonald's serves 75 hamburgers every second, according to the company’s Operations and Training Manual.
  • 8
    The first McDonald’s drive-thru was opened near a military base in Arizona “to serve soldiers who weren’t permitted to get out of their cars while wearing fatigues.”
  • 9
    Instead of McDonald's tearing down a ~200-year-old Georgian mansion, citizens of a small NY town forced them to renovate it instead, resulting in a uniquely historic franchise location.
  • 10
    In 1907, Kellogg’s launched a campaign called "Wink Day" to promote Cornflakes. Women were encouraged to “wink at your grocer and see what you get” (and what they got was a free box of cereal!)
  • 11
    A man sued Bank of America for erroneously foreclosing on his home and won. When they didn’t pay the fees, he foreclosed their bank.
  • 12
    It has been scientifically proven that praise rather than criticism is the best way to help employees improve.
  • 13
    Nintendo has banked so much money, they could run a deficit of over $250 million every year and still survive until 2052.
  • 14
    Richard Branson, founder of the Virgin Group, is dyslexic.
  • 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.
  • 16
    There are coffee houses in Russia where food and drink are free, but you pay for time.
  • 17
    The first female self-made millionaire in America was a black woman.
  • 18
    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.
  • 19
    In 2013, Candy Crush made $850,000 per day!
  • 20
    The upside-down ketchup bottle earned its inventor 13 million dollars.
  • 21
    There’s a KFC for deaf people in Pakistan, India, and Egypt.
  • 22
    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.
  • 23
    Tim’s Place, a restaurant in Albuquerque, serves breakfast, lunch and hugs and is owned by a man with Down’s Syndrome.
  • 24
    Starbucks uses round tables to make solo coffee drinkers feel less alone.
  • 25
    There's a café in France which charges €7 for a coffee to rude customers and €1.40 to people who talk politely to staff.
  • 26
    If you pronounce the names of products wrong in an Apple Store, employees are not allowed to correct you.
  • 27
    Bill Gates could give away 98% of his wealth and still be a billionaire.
  • 28
    Samsung is also a full time weapons manufacturer.
  • 29
    Blockbuster laughed at a Netflix partnership proposal in 2000.
  • 30
    The co-founder and CEO of SnapChat, 23-year-old Evan Spiegel, turned down an offer of $3 billion from Facebook and then a $4 billion bid from Google.
  • 31
    Nokia was once famous as a manufacturer of toilet paper.
  • 32
    A Kodak engineer constructed the first digital camera in 1975. They didn't want to go digital. They went bankrupt in 2012.
  • 33
    Lentil As Anything, a successful Australian restaurant, allows its customers to pay whatever price they feel like paying for the food.
  • 34
    Newman’s Own foods donates 100% of its post tax profits to charity. As of June 2012 these donations have exceeded 330 million dollars.
  • 35
    As part of an advertising campaign, Molson, a Canadian beer company, strategically placed 'beer fridges' around Europe that only Canadian passports could unlock.
  • 36
    Apple co-founder Ronald Wayne sold his 10% share in 1976 for $800. Today, it’s worth over $58 billion.
  • 37
    In the mid-90’s, Coca Cola recalled an advertising poster due to a hidden sexual image.
  • 38
    At YouTube Headquarters, employees can either take the elevator, stairs or slide.
  • 39
    Every year, Louis Vuitton burn all their unsold bags. They burn them in order to prevent them from being priced lower.
  • 40
    The retail price for the iPad would be $1,140 if it were built by American workers instead of Chinese.

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