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One hundred million profit to employees Yu Minhong is because of this sentence to give up investment

Abstract: the earliest New Oriental has considered investment super curriculum, but because of the words of Yu Jiawen, let he immediately decided to give up the project tracking, which is caused by the recent waves that "next year out of one hundred million profit to team assignment".

 

, chairman of New Oriental Hong Thai fund founder Yu Minhong in a recent period of time frequency on August 19th in venture capital, Hong Tai innovation space · and Azure founder Wang Shengjiang and Hong Tai entrepreneurial innovation space is the scene to exchange and share a part of your own heart to venture capital. For entrepreneurs, Yu Minhong combined with their entrepreneurial experience in the New Oriental and after the venture capital industry gives some suggestions:

for the entrepreneurial team, who is leader must have a clear concept, need to have the final say on the issue, "we can participate in the decision, but the democratic centralism must have". In addition to the main concept of the team, we must think of the big business logic behind. Leader for the enterprise to develop goals, ideals, values, and don’t talk too. For example, the first New Oriental has considered investment super curriculum, but because of the words of Yu Jiawen, let he immediately decided to give up the project tracking, which is caused by the recent waves that "next year out of one hundred million profit to team assignment".

and for investors, when investing in an entrepreneurial team must give the management once again set the future development of the space of equity, set a good practical dynamic equity adjustment program.

following Yu Minhong speech record:

thank you very much to come to Hong Kong innovation space to communicate, I do not know how to get, he became a young business mentor. The meaning behind this is that you are old, you can not create the industry, and tell others how entrepreneurship". Our past twenty or thirty years of experience to the use of mobile Internet now, it may be counterproductive, not necessarily guide everyone. But no matter what age, want to succeed, excellent, want to make more money for themselves, by the way to do the business will not change the state of mind, especially the boys here.

went to Africa to give me the biggest impression is the boys alone, because every stray animal, antelope to buffalo to the lion, I found all the public, almost no mother. Because the nature of the phenomenon, to the healthy development of species, between the male animal is always competitive, a win can bring a group of male female, male born adult small will be cast out, other people do not accept, can only live alone. So are men. Men do not mean choice, the choice of the mean man, a lifetime is a man who is blind.

Many methods of human

win, man to victory in a field, you go in the county is the first name of victory, the man to find a point, at least in a crowd is the boss, there is no other.

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