About Yu Minhong s entrepreneurial experience and classic quotations about life philosophy and deal

Chinese-style partnership, as the saying goes, "The hearts of the people are united, Mount Tai moves!" But in reality, the human heart is the most difficult to hold on to, especially between corporate partners facing huge interests. Therefore, we insist on ourselves and do not get lost in the society of logistics.

Pay attention to friendship, and only when there is affection and righteousness can there be reserve military strength, otherwise there will be no one to rescue when encountering difficulties.

1. First of all, it is necessary for the partner to have a good character, which is embodied in the understanding, tolerance, support, trust and positive encouragement of the partner. You can't complain, blame, don't understand, or even shout at every turn because of a small difficulty. That is, we must be in the same boat, but also to send carbon in the snow.

2. Know how to give up love. In the partnership between entrepreneurship, the family must not be too careful. Excessive calculation can lead to mutual suspicion among partners and loss of trust.

If you know how to let the other party take a step in everything, the other party will also let you take a step, so that it is possible to cooperate more happily and easily.

3. Be ideal and enthusiastic. In the early stage of entrepreneurship, we must understand that we must be willing to do it ourselves, so that we can not only experience the details of the past and experience the ups and downs of the process together, but also strengthen each other's feelings and confidence in entrepreneurship.

4. Communicate and learn from each other. Partners should be good at communicating with each other and listening to each other's ideas without cracks, so as to cooperate effectively.

Yu Minhong combined his own entrepreneurial practice and summarized the eight abilities that an entrepreneur should have if he wants to be difficult and unsuccessful.

Target Competencies. First of all, everyone wants to start a business, everyone wants to be their own boss, but you still have to ask yourself a question: why start a business? What kind of goals do you have? What kind of state do you want to make it in?

We don't start a business for the sake of starting a business, but to do one thing well, to do a big thing, and only then can you start a business if you blindly change it and find that it is possible to achieve it after conducting a self-assessment. If you don't have a goal, just an impulse, just feel that you should do something, and don't have much love for what you do, then entrepreneurship is just a trend, not a reality, and you may not be able to achieve big things.

Personally, when I started New Oriental, I had a very clear goal, at that time, I came out of Peking University to become a training institution after retiring from my job as a university teacher, and I hoped that I could make a truly meaningful training institution. It is precisely because of this goal that the training career of Xindong Grinding Ruler Judge is thriving and moving forward.

With the development of training, New Oriental's goal is also constantly changing, from the initial school to want to open New Oriental schools all over the country, to now we have become a listed company in the United States. All in all, your goal is up, but the foundation doesn't change. For example, the foundation of my original New Oriental was to make a training school with a brand, taste, responsibility for the future of students, and a training school that students like.

So, I think the ability to aim is very important for entrepreneurship, and it is also very important to love this goal wholeheartedly. In addition to this, one thing to note is that you must be able to achieve this goal big, not just for your own amusement.

For example, if you like calligraphy, it is not easy to start a calligraphy company all at once.