Yu Minhong's speech at the China University Student Entrepreneurship Competition: Entrepreneurship talks about "winning"

Yu Minhong's speech at the China University Student Entrepreneurship Competition: Entrepreneurship talks about "winning"

The "2008 Winning in Tomorrow--China University Student Entrepreneurship Competition" finals, sponsored by Beijing Chuangmeng, directed by the Chinese Academy of Sciences Graduate School Youth League Committee and sponsored by the Graduate School of Chinese Academy of Sciences, was successfully held on June 5. The purpose of this college student entrepreneurship competition is to provide college students with the opportunity to contact the society and enterprises, to exercise the practical ability of college students, and to provide multi-channel employment and entrepreneurship opportunities for college students. Mr. Yu Minhong, Chairman and President of New Oriental Education Technology Group, was the judge of the contest and gave a speech on the theme of life, entrepreneurship and sentiment.
The process of starting a business is a process of learning, a process of failure, a process of accumulating experience, and a process of accumulating social experience. Until the end of the successful business, after going through the sea, it can return to the normal state of mind. At that time, it was the so-called financial atmosphere that was not rough, and the high power was not heavy. The mentality required everyone to work hard. Now everyone is still young and bloody, want to do something, just do it.
Win in China, win in tomorrow, all are telling wins, we will first deconstruct this "win" word: Win above is a "death", if you do not have the determination to die, resolutely do not go back to the courage, you are not It will be successful, so it is necessary to have the spirit of the desperate. The word "death" is a word of "mouth". We say it is a word or a word. It can also be said to be an ideal goal. This "mouth" is a language or an expression. Or encourage yourself. It is impossible to have a spirit of desperation. It is also necessary to have a goal ideal. If you say the same thing, the things you do are the same thing. If you do things, it is very simple. It is the same thing. Everyone can see that entrepreneurship is a very bitter thing. The sun is doing it under the sun, and the moon is doing the same. I have to work 16 hours a day, sometimes I have to work, and I have to work hard because you Standing on this line of business, you don't want to run, others will push you to run forward;
The "Bei" in the middle is the meaning of money, and money can be the driving force that motivates you to do business. Money is a good thing, everyone needs money, but money is in the hands of different people, it becomes a different weight, so the world must be as much as possible. No one will say that Buffett has more money. Like I still want a lot of money, I will not buy a plane for myself and buy a yacht. I think this may be a waste, but I can do things I like, such as Funding poor students, carrying bags to travel...not saying that I have money, I say that money is a good thing. In a sense, the use of money can be one of the criteria for evaluating a person. So be sure to have rich desires, but keep in mind that gentlemen have good fortune. What is the second meaning? If you want to make your career bigger, you must distribute it to others. How much is left and how much is left is the question of wisdom. Everyone knows that many Chinese private entrepreneurs have done very well. Some private entrepreneurs hold 70% and 80% of their shares. Their careers are very successful, and some only 10% and 20% are very successful. This is entirely your own feeling, in what way to motivate others, in order to get the team to struggle together. Therefore, the middle word "bei" indicates two states, earning money for others and making money for others; the last is the word "fan", the so-called ordinary heart is doing things, you are doing for the cause, not Doing it for money. If the cause is bigger, money will become a by-product of the success of the business, and it will not work for the purpose of money. Everyone knows that if a general company does not go public, what is the concept of selling it to a listed company, that is, it is calculated according to several times of your net profit for the year. The company is operating well. Within a reasonable range, you can find ways to save money and sell a good price. This is a license. But one person I know is really eager to make money. In the nine months after the negotiations, I have transferred countless costs. As a result, the company’s net profit is not high at the end of the year. When the other party saw it, he was very happy. He spent a lot of money to buy it. After another investigation was done, he sued him, sealed down all the property of this person, and prepared for criminal prosecution. This method of making money is not good. Why is it that the eyes only have money, no career, no moral value, and if there is a career and moral value, you can do things in the future for a long time. When we look at China’s 30-year history of economic development and find ways to occupy the country’s resources, we basically miss out on opportunities for development. For example, the 30- and 40-year-old people’s pursuit of career is much higher than the desire for money. Li Yanhong of Baidu, Ma Yun of Alibaba, and myself. I have to make more money and earn less. Of course, I have to consider it, but I am definitely in the first place. It is definitely the cause of New Oriental. How to do it well, how to provide quality services to students as much as possible is the problem I consider the most. Now, there are more and more people like this.
Character, vision, and temperament, if you are not fatal, you can live. If you are afraid of making a fatal mistake, you can't. This is not called ordinary, this is mediocrity. The so-called ordinary is that anything can be lost, you can put it down, and have the courage to continue moving forward, for example, suicide after falling out of love, this is not only mediocre, but also timid, why? Suicide is always an evasive behavior. He loses his dreams for the future, fears the future, and feels that everyone in the future will not love him. At this time he will commit suicide. If you fail to start a business, you must climb back and continue to start a business. This shows that you have hope for yourself.
However, just a veteran said that there are four kinds of people, gentlemen and villains. According to this classification, I am neither a gentleman nor a villain. I am a man who dares to be a man, and who dares to be a man, according to his By definition, it is a sad person. After the so-called doing things dare to be human, I want to distinguish this definition, serve the people, do it for others, and of course do things to be first. When you dare to be a person, when you do things, don’t take the lead. Sometimes, you and the internal collaborators, let a little let, give the opportunity to others, others will show more respect to you. So, I don’t mean, I don’t do things myself. In this way, I have an ordinary attitude. No matter how many times you fail, you can still stand up and move on. Finally, you get the life. Wisdom, not despair, is good and good. Of course, the current entrepreneurship is a little harder than we were at that time. The competition is more intense and requires more funds. However, as long as you have a reasonable goal, have a reasonable dream, and accumulate things little by little, I am most afraid of your urgency. After anxious, the foundation is not strong, I want to be a tall building. After the money is still in, I can’t come out again. Therefore, when starting a business, remember that there is a saying in Buddhism that is urgent and slow, that is, the more urgent things, the faster the things, the slower to do, sometimes the things that are not clear, wait a little, may It’s more effective to do it more hurriedly than you.
I have two advantages. The first point is that I am a slow-moving person. I have been having a poor grade from the national school to the middle school. I have been tested for three years. I have never been in a hurry. Slowly, I finally got admitted to Peking University, which is a good result. I am in the fifth place in the whole class of the university, and I am not in a hurry. When there are few people in New Oriental who see that I have a bad temper, many times, your things can’t be done anymore, in a hurry, no matter what, your only way is Put, you have to build up your own strength. The second point is to have a goal that can be achieved and work hard. I once told my wife that we have earned 100,000 yuan and we will not do it. The result is 100,000. We still want to continue to do it. The target is set at 1 million, 1 million to 3 million... Why, because the money is more The better, the money is also the goal to achieve. So I think life is not about how grand your ideals are, but because you have a mentality, whether you are doing business or personal life, as long as you have a progressive mentality every day, you have a harvest mentality, I think this little progress has kept me In persistence.