Business Facts

    Random Business Facts

    There are 75 Business Facts!

    The man who created the Thighmaster was once a Bhuddist Monk.
    42
    Blockbuster laughed at a Netflix partnership proposal in 2000.
    20
    The retail price for the iPad would be $1,140 if it were built by American workers instead of Chinese.
    100
    Bill Gates, the founder of Microsoft was a college drop out.
    95
    Warner Chappel Music owns the copyright to the song 'Happy Birthday'. They make over $1 million in royalties every year from the commercial use of the song.
    42
    In 2004, The Japanese Ice Cream Association promoted "raw horse flesh" ice cream in hopes that it would boost the popularity of ice cream!
    -13
    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