The world of business is not only statistics, crunching numbers and Q4 results. It is crammed with passionate CEOs, strange campaigns and awful calculations. Sometimes, hidden behind the dull economic calculations and income reports there are numerous amazing facts.
Are you prepared to taste these appalling facts of the business world?
♥ Millionaire Chen Guangbiao started selling fresh air in cans , in reaction to the polluted breathing air in China and went on to sell 8 million cans in 10 days to earn $6 million per annum.
♥ The red-white Coca-Cola logo is acknowledged by 94% of the world population.
♥ The retina display of Apple’s iPad is essentially manufactured by Samsung.
♥ All Amazon employees’ use two days every two years at the customer service desk, even the CEO -for understanding the process of customer service.
♥ In 2012, 100 richest people in the world earned enough money to finish poverty from the world four times over.
♥ UPS, world’s largest package delivery company was funded by two teenagers having a bicycle and $100 on loan from a friend.
♥ “Yahoo” is the short form of “Yet Another Hierarchical Officious Oracle”.
♥ Although it is famous for smartphones and other electronics, other business areas of Samsung include weapons manufacturing, life insurance and theme park management.
♥ If you have $10 with you and have no debt, you are in a better economic condition that 25% of American population.
♥ Goggle’s founders were ready to sell the company in 1999 to Excite, a web portal for under $1 million. But, Excite passed on the offer.
♥ FedEx was on the verge of bankruptcy in 1974. It was saved when the founder acquired the final $5,000 from the company and rolled it into $32,000 by gambling in Las Vegas. FedEx is estimated to be a $30 billion company today.
♥ According to a Government Accountability Office report, if US would eliminate the $1 paper bills by replacing it with $1 coins, it could save up to $4.4 billion over 30 years.
♥ Ronald Wayne, the third founder of Apple alongside Steve Jobs and Steve Woznaik, traded his shares for a paltry $800 after staying for only 12 days with the company. The stake amounted 10% of the company would be worth $35 billion today with the recent valuation of the company.