20 Fascinating Business Facts around the world, that will blow your mind:
The world is a fascinating place, and the world of business is not different. Behind all of those cash flows and 5-hour long coffee powered meetings, it is sure to be discussing some interesting facts about business around the world that will blow your mind. If your mind is a busy one and it is full of curiosity then you can fill your head with amazing Business facts in this article.
Fascinating facts about Business:
So Here are Fascinating Business Facts, that will Blow your mind:
< If the U.S. were to eliminate their $1 paper bills and replace them with $1 coins, according to the Government Accountability Office report, it could save up to $4.4 billion over 30 years.
< The third founder of Apple Ronald Wayne sold his shares for only $800 after 12 days of working with the company. His stake, which was 10 percent of the company, would be worth almost $100 billion today with Apple‘s current valuation. Apple has become the first-ever $700 billion company in 2015.
< All the employees at Amazon spend two days every two years working at the company’s customer service desk. CEO of the company, Jeff Bezos also participates in this service. This practice is religiously followed by the employees to understand the customer service process. Without any loss, every day nearly one-third of the US’s population visits the Walmart stores. That’s about 100 million customers visit Walmart to satisfy their shopping needs. This practice leads to the company making a profit of $1.8 million every hour.
< Chen Guangbiao a millionaire, began to selling fresh air in a can, In response to the polluted breathing air in China. And he is going on to sell eight million cans in 10 days and earning $6 million in a year.
< UPS is the world’s largest package delivery company and it was founded by two teenagers with a bicycle and they borrowed $100 from a friend. And now they are earning billion dollars in one year.
< Samsung’s Company is best known for its smartphones and other electronics, but now this company starts new Business, including weapons manufacturing, theme park management, and life insurance.
< An iPhone user who loves talking to Siri should know that their talks are not private. Everything that said to Siri is sent to Apple where it is stored and completely analyzed. At least for 2 years. The company takes customer privacy very seriously. And the company keeps customer privacy to improve its services.
< Coca Cola is one of the most valuable brands in the world. The iconic white and red logo is recognized by 94% of the globe’s population. But when this brand is launched in China, there was a lot of research in finding the right name for the brand. Some of the kanji that sounded like the name translated to “female horse fastened with wax” and another meant “bite the wax tadpole”. They finally settled on the characters that read coca-cola, which means “Delicious Happiness”.
< The brand Coca-Cola makes many different products. And if you decided to drink a different one every day it would take you a whole 9 years to try all of them.
< In California in 1940, when the Burger joint first opened its store, there were only nine food items on MacDonald. The menu included a pure beef hamburger, tempting cheeseburger, triple thick shakes, golden French fries, root beer, hot coffee, an orange drink, cold milk, and cola.
< In the year 2012, If the 100 richest people in the world put all of their yearly earnings together, they would have enough to end poverty four times over the world.
< If you have $10 in your pocket and have no debt, you are in a better financial position than 25 percent of the American population.
< Mark Zuckerberg is the Facebook owner, and the Facebook color is primarily blue because its owner, suffers from red-green color blindness. Blue is the only color that he sees best. Blue is the richest color for him.
< Google’s founders in 1999 were willing to sell the company to a web portal called Excite for under $1 million. However, Excite didn’t accept the offer.
< It is not so common but Google was originally named BackRub. Later on, Larry Page and Sergey Brin renamed their company ‘Google’ in 1997. Google is a play on the word ‘googol’ and it is a mathematical term for the number represented by 1 followed by 100 zeros.
< If you were to wash one load of laundry every day for a whole 52 years, you would clean the same amount as the launderette staff at Disney World wash in ONE single day.
< It’s not always been smiles and rainbows for global courier FedEx.In the early stages when the company starts its business, the company started to struggle and almost faced bankruptcy. The founder of the company, Frederick Smith, decided to take the remaining $5000 owned to Vegas. After a few games of Blackjack, the company had an award of a whopping $32,000 back in their account.
< Nike is the most followed and famous clothing brand on Instagram.
< If the Brands that people religiously used, will disappear from their lives,73% of people wouldn’t care.
< If you wanted to watch every video on YouTube, you have to watch 55 crore hours worth of videos as of now. Minus what you have already watched. And every minute you spend watching a new video, 100 hours of video are added. So you can watch every video on YouTube.
So, these are the Interesting and amazing facts about Business around the world that had to blow your mind, now you know some serious reality behind the brand’s success, you can go out and impress your friends with these little known facts happening around the world.