Business Facts

    Random Business Facts

    There are 75 Business Facts!

    7-11 sells 10,000 pots of coffee an hour, every hour, every day.
    27
    Richard Branson, founder of the Virgin Group, is dyslexic.
    7
    Every year, Louis Vuitton burn all their unsold bags. They burn them in order to prevent them from being priced lower.
    6
    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.
    7
    There is no tipping at restaurants in Japan.
    93
    The man who created the Thighmaster was once a Bhuddist Monk.
    42
    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
    The first product that the toy company Mattel came out with was picture frames.
    17