Business Facts

Business Facts

There are 71 Business Facts!

Most Popular Business Facts

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

All Business Facts

  • 1
    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.”
  • 2
    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.
  • 3
    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!)
  • 4
    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.
  • 5
    It has been scientifically proven that praise rather than criticism is the best way to help employees improve.
  • 6
    Nintendo has banked so much money, they could run a deficit of over $250 million every year and still survive until 2052.
  • 7
    Richard Branson, founder of the Virgin Group, is dyslexic.
  • 8
    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.
  • 9
    There are coffee houses in Russia where food and drink are free, but you pay for time.
  • 10
    The first female self-made millionaire in America was a black woman.
  • 11
    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.
  • 12
    In 2013, Candy Crush made $850,000 per day!
  • 13
    The upside-down ketchup bottle earned its inventor 13 million dollars.
  • 14
    There’s a KFC for deaf people in Pakistan, India, and Egypt.
  • 15
    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.
  • 16
    Tim’s Place, a restaurant in Albuquerque, serves breakfast, lunch and hugs and is owned by a man with Down’s Syndrome.
  • 17
    Starbucks uses round tables to make solo coffee drinkers feel less alone.
  • 18
    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.
  • 19
    If you pronounce the names of products wrong in an Apple Store, employees are not allowed to correct you.
  • 20
    Bill Gates could give away 98% of his wealth and still be a billionaire.
  • 21
    Samsung is also a full time weapons manufacturer.
  • 22
    Blockbuster laughed at a Netflix partnership proposal in 2000.
  • 23
    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.
  • 24
    Nokia was once famous as a manufacturer of toilet paper.
  • 25
    A Kodak engineer constructed the first digital camera in 1975. They didn't want to go digital. They went bankrupt in 2012.
  • 26
    Lentil As Anything, a successful Australian restaurant, allows its customers to pay whatever price they feel like paying for the food.
  • 27
    Newman’s Own foods donates 100% of its post tax profits to charity. As of June 2012 these donations have exceeded 330 million dollars.
  • 28
    As part of an advertising campaign, Molson, a Canadian beer company, strategically placed 'beer fridges' around Europe that only Canadian passports could unlock.
  • 29
    Apple co-founder Ronald Wayne sold his 10% share in 1976 for $800. Today, it’s worth over $58 billion.
  • 30
    In the mid-90’s, Coca Cola recalled an advertising poster due to a hidden sexual image.
  • 31
    At YouTube Headquarters, employees can either take the elevator, stairs or slide.
  • 32
    Every year, Louis Vuitton burn all their unsold bags. They burn them in order to prevent them from being priced lower.
  • 33
    The retail price for the iPad would be $1,140 if it were built by American workers instead of Chinese.
  • 34
    The Gmail logo was designed the night before it was launched.
  • 35
    Amazon sells more e-books than printed books.
  • 36
    Steve Jobs' annual salary was $1, just enough to keep company health benefits.
  • 37
    All 3 founders of Apple worked at Atari before forming Apple.
  • 38
    Bill Gates, the founder of Microsoft was a college drop out.
  • 39
    Dell's first advertisement was made on the back of a pizza box.
  • 40
    Dell Computers was started by a 19 year old with only $1,000.

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