Business Facts

    Random Business Facts

    There are 75 Business Facts!

    It has been scientifically proven that praise rather than criticism is the best way to help employees improve.
    10
    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
    As of 2014, Apple has enough money to buy Facebook, or Netflix, Tesla, Twitter, Dropbox, Pandora, and Spotify combined - with $59 billion to spare!
    9
    The retail price for the iPad would be $1,140 if it were built by American workers instead of Chinese.
    100
    The average company saves over $7,000 for each employee suggestion that is enacted!
    41
    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
    Yahoo! was originally called 'Jerry's Guide to the World Wide Web'.
    82
    Apple co-founder Ronald Wayne sold his 10% share in 1976 for $800. Today, it’s worth over $58 billion.
    -4