Business Facts

    Random Business Facts

    There are 75 Business Facts!

    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
    Microsoft made $16,005 in revenue in its first year of operation.
    43
    If Wal-Mart was classified as a country, it would be the 24th most productive country in the world.
    81
    The Shell Oil Company began as a novelty shop in London that sold sea shells.
    3
    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.”
    13
    The first owner of the Marlboro Company died of lung cancer.
    342
    The average company saves over $7,000 for each employee suggestion that is enacted!
    41
    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