Chapter 2596 Future Planning of the Education and Training Industry
The next day, Chen Mo came to the VIP teaching location opened by Murphy Education in the imperial capital.
The original official intention was to hire a language expert to provide Chen Mo with one-on-one intensive training for a few days.
However, Chen Mo refused and chose his own teaching and training institution for foreign language training.
First, Chen Mo is not used to one-on-one teaching. In that kind of environment, Chen Mo always feels nervous. However, when there are multiple people teaching, there is a learning environment, and everyone is studying seriously, Chen Mo can also immerse himself in learning.
Second, Chen Mo hasn't paid attention to his own education and training industry for many years. Taking advantage of this opportunity, Chen Mo would like to see how Xiong Yifei has developed the education and training industry over the years.
The VIP teaching point uses the entire four floors from the 20th to the 23rd floor of Hongxing Building in the city center as training classrooms.
People from all walks of life come here for training.
However, a large portion of them are students preparing to study abroad or successful people preparing to immigrate abroad. There are also many people like Chen Mo who come for training due to work needs.
The VIP training center is a small class model, with a maximum of 10 people in a class, and as few as two or three. If you want one-on-one training, you don’t need to come here and can choose to do it at home.
According to different languages and different foreign language proficiency levels, the classes are divided into four levels.
There are beginner, beginner, intermediate and advanced classes. When each student signs up, there is a dedicated teacher to test the student.
Because Chen Mo had been to the Bear Country before, he taught himself a little Bear language. Although his spoken English was poor, he remembered a lot of vocabulary, so Xiong Yifei arranged for Chen Mo to attend the intermediate class.
"Boss, do you want me to arrange for our teachers to give you some special care?" Xiong Yifei asked cautiously.
She is no longer the girl who dared to yell in front of Chen Mo a few years ago.
Born into an official family, with her father being a high-ranking official in Jianghai Province, and after so many years of experience in the business world, Xiong Yifei had already learned the skill of speaking differently to different people.
Chen Mo has been promoted to the Five Elder Stars, and he is also her boss, so Xiong Yifei's attitude must be extremely respectful.
However, this made Chen Mo feel a little unfamiliar.
Looking at Xiong Yifei's respectful look and hearing her calling him "boss" all the time, he knew that there was a thick barrier between them.
After thinking for a while, Chen Mo asked, "Fei Fei, what is your plan for education and training in the next ten years?"
Xiong Yifei thought for a moment and said, "The most profitable business now is still academic education and training, followed by training for civil service exams and interviews. The rest of the business, such as IELTS and TOEFL, foreign language training in various countries, and art training, accounts for a small proportion."
"So, I am thinking of focusing on developing subject-based training from primary school to high school in the next ten years. As for the rest of the business, I will allocate resources based on profitability."
Chen Mo nodded: "Your idea is right, but your conclusion is wrong."
Xiong Yifei was stunned: "Why?"
Chen Mo said: "First, because students' heavy academic burden is a chronic problem, it seriously affects their all-round development and healthy growth in morality, intelligence, physical fitness, aesthetics and labor.
Second, the wild growth of the training industry has formed another education system, which will disrupt the normal educational and teaching order of schools.
Third, training institutions hype up and exaggerate anxiety, force the entire society to passively participate, charge high fees, and seriously reduce the people's sense of achievement, happiness, and security in education?6?8.
In summary, I believe that one day in the future the government will take action against subject-based training.”
In fact, Chen Mo already knew what the future outcome of the education and training institution would be, but he couldn't tell Xiong Yifei about his rebirth.
Xiong Yifei frowned: "Boss, you are kidding, right? Experts estimate that the subject-based education and training business can generate a trillion-dollar market value in the future and create hundreds of thousands of jobs!
What you said is too much of a worry.
Even if the authorities take drastic measures, they can’t be too harsh, right?”
Chen Moxin said, "It's more than just cruel. It's a one-size-fits-all approach. They won't allow you to continue with subject-based education and training! No matter how many billions of market value you have, in order to reduce the burden on the next generation, no matter how much you have, you have to cancel it!"
Chen Mo patted Xiong Yifei on the shoulder and said, "Of course, it's 2008 now, it's a bit too early to tell you this.
I just think that in about 10 years, this will happen.
In the next 10 years, you should continue to develop as you want."
"But remember this: the proportion of civil service exam training business must grow year by year. By 2020, it must surpass subject-based training and become our company's main business."
"By 2020, Murphy Education's subject training business will be separated and listed separately, and will be sold as a package in 2020, without leaving a single share or employee!"
This is a business adjustment based on reborn memory.
Because the civil service examination will become more and more popular in the future, even more popular than the college entrance examination and the postgraduate entrance examination!
However, subject-based businesses will be cut off across the board.
Of course, the double reduction policy took place in July 2021.
Chen Mo wanted Xiong Yifei to complete the comprehensive business transformation by 2020 and sell the business that would lose money in the future in advance.
Although there was a year and a half of profit-making time left, Chen Mo at least gave the acquirer some profit space.
Don't do things to the extreme and don't try to make the last penny. This is what Chen Mo learned from Li Cheng.
If Chen Mo is a little more prudent, he could even make all the money from subject-based training in 2021 and then sell it.
In that case, whoever takes over will go bankrupt and suffer huge losses.
Another point is that Chen Mo took employee issues into consideration.
When the business is sold in 2020, the acquirer will definitely acquire the employees together. In this way, Chen Mo can save a lot of layoff costs, and the employees will still have a year and a half to earn wages. In this way, after a year and a half, no matter what happens, the employees will not be able to find fault with Murphy Education and Training again.
But Xiong Yifei looked confused and said, "No, Mr. Chen, I think you are a little too cautious, right?
Subject training is so profitable and tutoring is so popular, how can we just stop doing it?
Although you are known as the White Dragon King and know the past and the future, I think I know more about education and training than you and have more say than you do. "
"I still insist on focusing on subject-based training and taking civil service exam training as a sideline. This way, our education and training company can develop better and faster."
Xiong Yifei thinks that she joined the education and training industry from scratch, and even her parents work in the education system. How come she doesn't know more than Chen Mo?
Chen Mo's remarks were so absurd, even a little ridiculous!
