Tej Kohli Business Blog

Tej Kohli business blog brings some amusing business facts, the kinds of which you have not heard before.

Do you know?

• Bill Bowerman, the co-founder of the shoe company Nike, got his first shoe idea after staring at a waffle iron. This gave him the idea of using squared spikes to make the shoes lighter.
• Bill Gates house was partially designed using a Macintosh computer.
• In the late 1960’s, Mountain Dew bottles featured a hillbilly on them. These are now collector items worth five to ten dollars.
• In 1949 UNICEF produced the first charity Christmas card. The picture shown on the card was painted by a seven year old girl.
• 18% of an Americans income is spent on transportation.
• 7-Eleven is the largest retail chain in the world.
• According to research, the most productive workday is Tuesday and the least productive is Friday.
• American Airlines saved $40,000 in 1987 by eliminating one olive from each salad served in first class.
• Americans write approximately 50 billion checks a year making it the second most frequent payment method used after cash.
• Americans write approximately 50 billion checks a year making it the second most frequent payment method used after cash.
• Approximately 7.5% of all office documents get lost.
• Bill Gates began programming computers at age 13.
• Bill Gates donated close to $100 million to fight AIDS in India. As a percent of his total wealth, this would be comparable to him donating ten cents if he only had $60.
• Coupons were introduced in 1894 when Asa Candler bought the Coca-Cola formula for $2,300 and gave people coupons that he had written out to receive a free glass of coke.
• Duracell, the battery-maker, built parts of its new international headquarters using materials from its own waste.