Chapter 1410 Yang Ming inspects New Oriental!

Thirteen years ago, Yang Ming had established New Oriental Education and Training Company in Yanjing. At that time, he was preparing for the domestic flow of overseas students and the wave of studying abroad. ₆₉ₛₕᵤₓ.cₒₘ

In fact, after the establishment of New Oriental Education and Training Company at that time, it was indeed very successful. In addition to formulating foreign language proficiency examinations, it also formulated many aspects of examination content, becoming the earliest and largest training institution in China.

In recent years, more and more training and education institutions have appeared, but most of them imitate this New Oriental Education and Training Company.

Some are even teachers or ordinary managers from New Oriental education and training institutions, who copy what they learned from New Oriental into their own companies.

Now Yang Ming is here to see how this company is doing.

Accompanied by Yang Ming, He Chaoluo, Alina, Yingla, Tang Yun and Zhou Kaixuan, Yang Ming arrived at a building in Zhongguancun Science and Technology Park.

This is now the headquarters of New Oriental Education Technology Company.

It has to be said that since the 1980s, education and training have been very profitable.

Especially since the 1980s, anyone with some money is willing to invest it in education.

Moreover, what is different now from history is that the domestic population is now larger and the birth rate is higher, which also leads to stronger competitiveness.

For many ordinary people, the best way out may be to pass the college entrance examination and enter the ideal university.

As for those wealthy children, some of them provide tutoring for their children very early, and some send them to study abroad. However, no matter what, they are definitely inseparable from education and training institutions.

It is precisely because of that that New Oriental Education and Training Institutions has been very profitable for more than ten years.

Yang Ming has never thought about going public. In fact, if it is going to be listed, the market value should not be low.

Historically, New Oriental was founded by Yu Minhong in 1993, two years ago, but it does not exist now.

For Yu Minhong.

Except for Yang Ming who paid attention to it in the past few years, he didn't pay attention to it later.

At that time, Yu Minhong worked as a part-time teacher in New Oriental very early in order to earn living expenses. After graduating in 1985, he officially joined New Oriental.

After a few years, he was already a middle-level manager at New Oriental.

As for now?

When Yang Ming came over, several leaders of New Oriental appeared here, and behind them, there was a man wearing glasses who looked gentle.

The other party was the thirty-three-year-old Yu Minhong.

The other person is now the vice president of a department of New Oriental. However, he is very capable and many people around him are willing to guide him.

"boss."

Others greeted Yang Ming one after another.

"Are you Yu Minhong from Peking University?"

Yang Ming had talked with him a few years ago.

"Mr. Yang, it's me."

Yu Minhong was a little happy to see Mr. Yang still remember him.

In fact, given the other party’s situation.

At first, when he was at Peking University, he worked part-time to earn living expenses, mainly for family reasons. Later, he found that he could indeed earn a lot of living expenses. He felt that this kind of training institution was really good.

When he stayed in New Oriental for longer and longer, and could even become a full-time manager, Yu Minhong didn't want to miss such an opportunity.

After graduating in 1985, he considered studying abroad in Country M.

In fact, he wanted to go there at that time, and he could go there with a scholarship from the Imperial Group. In the end, he gave up and stayed at New Oriental, and until now, he has served as New Oriental's middle and senior management.

Yang Ming didn't say anything.

First, he inspected various departments of New Oriental.

Including understanding revenue and other information.

Now the main market of New Oriental is in the big cities in China. Of course, according to the ideas of Yu Minhong and others, in ordinary small cities, ordinary people also hope to change their destiny, and hope that New Oriental training institutions can also appear in small cities.

In fact, the domestic population is still exploding, and the birth rate is exploding. However, domestic universities are limited and the annual admission rate is limited, which makes the competitiveness very high starting from elementary school.

As a last resort, many parents are willing to pay to send their children to training institutions for training.

In addition to Chinese, Mathematics, and English, other liberal arts, science, art courses, etc. are very popular.

Of course, as the income of most people in the country becomes higher and higher, their willingness to spend in this area may become stronger and stronger.

"Mr. Yang, I think many parents in ordinary small cities are now very happy to send their children to training institutions. However, our New Oriental is only in big cities in China and has not entered ordinary small cities. Those small cities are now also appearing. There are a number of training institutions. However, our reputation at New Oriental is very high in the country, and I think that as long as we enter, other small training institutions will not be able to compete with us."

In other words, he wished he could even drink the soup.

For Yang Ming, in fact, he was not very interested.

The original establishment of New Oriental Training Institution actually allowed more people to go abroad and see the world.

However, now that the New Oriental training institution has caused involution in advance, I don’t know if many people will scold him in the future.

"I won't interfere in these matters."

In other words, Yang Ming will not interfere with New Oriental's local development.

Several other people were a little surprised when they heard it.

In other words, the boss has no objection.

After reading.

On to the conference room.

Some of them put forward many opinions.

Yang Ming basically had no objection.

And wait until after talking about these.

Yang Ming left Yu Minhong alone.

"Yu Minhong, how many years have you been working at New Oriental?"

"Mr. Yang, it has been thirteen years since I started working part-time in 1981."

At first, he worked as a part-time teacher with several other classmates in the dormitory, but now he is the one who has been doing it for the longest time, and the others are working in other industries.

"Then you have been working at New Oriental for a long time, so you are considered an old employee."

"Mr. Yang, that's right."

"Now that you have understood New Oriental's operating model, do you have any ideas for starting your own business?"

Start your own business?

Yu Minhong was surprised by the game.

Did Sir Yang get wind of something?

People like Yu Minhong, in Yang Ming's previous life, used the name of Peking University to generate income when he was studying at Peking University. Peking University was very dissatisfied, so he started to found New Oriental himself.

In other words, the other party is also a very ambitious person, but he just met Yang Ming in this life.

"Mr. Yang, I, I haven't yet."

"It's normal for you to have the idea of ​​starting your own business. You can stay at New Oriental, or you can leave to start a business. Of course I won't interfere with you."

But Yang Ming's words really surprised Yu Minhong. He felt that this big boss was so powerful, as if he could see through him directly.