How did Zhang Bangxin, who was admitted to Peking University and dropped out of school, earn 73 billion yuan step by step?

Zhang Bangxin, a well-known figure in the education field of New Oriental, naturally attracted many fans. Zhang Bangxin was born in a poor family, but he achieved great success in his studies by his own efforts. Both Sichuan University and Peking University have his footprints, and his entrepreneurship is precisely because his family is poor and he wants to change the status quo.

He positioned entrepreneurship in his most familiar industry, namely education. With the efforts of his team, his "Education for a Better Future" has gained a market value of $20 billion in recent years, directly surpassing the idol of New Oriental.

1. Graduates from prestigious schools who have both work and study.

From 65438 to 0980, Zhang Bangxin was born in Yangzhou, Jiangsu. His family is poor and his parents are ordinary farmers. Although both parents are farmers, they attach great importance to Zhang Bangxin's education, hoping that he can go out of the countryside in the future and get a bright future through education. Therefore, Zhang Bangxin was sent to school by his parents at a very young age and began his study career.

Yangzhou in the 1980s

Zhang Bangxin was a very obedient child since he was a child, and he studied very well. He is the best student in his class and is often praised by his teachers, so his parents have high hopes for him.

Many things happen. 1997, Zhang Bangxin graduated from high school with excellent results and was admitted to the School of Life Sciences of Sichuan University. Four years of undergraduate study made Zhang Bangxin more interested in his major, and he also realized the importance of education, so he decided to continue his studies. Upon graduation, Zhang Bangxin was admitted to Peking University College of Life Sciences to continue his postgraduate study.

After entering Peking University, Zhang Bangxin's performance was deeply loved by teachers, and his experiments were very rigorous, so he was qualified as a graduate student and a doctor. In graduate life, Zhang Bangxin not only often takes root in the laboratory, but also works part-time in his spare time. Zhang Bangxin understood his parents' difficulties and didn't want them to spend money on graduate school, so he took seven part-time jobs at school. Many part-time jobs and studies put Zhang Bangxin under great pressure, but he persisted.

Although the part-time job has increased the pressure on Zhang Bangxin, it has also become the ideological source of his future entrepreneurship. Among his seven part-time jobs, three are tutors and two are remedial classes, all related to education. During his part-time job, he found that many parents were very worried about their children's education and were willing to spend a lot of money on education investment, so he gradually became interested in the education industry.

Second, entrepreneurs rely on education.

In 2003, Zhang Bangxin was a second-year graduate student. He decided to enter the education industry with his classmates for two main reasons. First, Zhang Bangxin hopes that he can get rid of the current situation of family poverty through entrepreneurship and let his academic expertise play a greater role.

Secondly, Zhang Bangxin's part-time tutor gave him great inspiration. There is a great demand for education in today's society. Although there are many educational institutions, there are few educational institutions of this size like New Oriental, so he decided to enter the education industry himself.

In 2003, Zhang Bangxin raised 654.38 million yuan to set up the Olympic Mathematical Network. However, because online education was not widely popularized in China at that time, Zhang Bangxin mostly conducted offline education.

Offline, Zhang Bangxin opened his own extracurricular tutoring class, mainly recruiting teachers from different disciplines. After a period of training, he officially tutored students after class. The number of tutors varies, and the price will vary greatly.

In the early days of starting a business, the life of Zhang Bangxin's team was very difficult, because at that time, his extracurricular tutoring class was not famous and few people knew it, but Zhang Bangxin did not give up.

Their remedial class was originally a small house of more than 20 square meters, and the number of students attending classes at a time was not large, so he often arranged for students to attend classes in different time periods. In order to attract more parents and reassure them, he also asked them to attend remedial classes.

After a period of time, Zhang Bangxin's extracurricular tutoring class won the love of many parents because of its good effect, so his reputation was gradually established, and the main force was the parents of these students with good grades.

With the publicity of parents, the reputation of remedial classes is growing, but Zhang Bangxin is still very low-key. In 2005, Zhang Bangxin officially named his counseling institution "Learning and Thinking Education" and began professional management.

Third, entrepreneurs who lead the successful listing in the future.

In 2006, Zhang Bangxin led the education of learning and thinking out of Haidian District, Beijing, and not only set up education points in Beijing, but also set up remedial classes in other cities. Zhang Bangxin chose to drop out of Peking University in order to concentrate on the education he founded.

A year later, it was financed by $6.5438+million, and the scale of learning and thinking education was larger and the infrastructure was more perfect. Because Zhang Bangxin made many business leaders when he started his business, he got another $40 million in financing in 2009.

On 20 10, Zhang bangxin got his wish, and he successfully led the education of learning and thinking to be listed in new york. After listing, Zhang Bangxin decided to make a new orientation of learning and thinking education, and set the counseling stage mainly in primary and secondary schools for two reasons.

First, this stage is the most important stage and foundation of children's education, so parents pay special attention to it and the market prospect is naturally the best.

Secondly, there are many teachers at this stage, and there are also many counseling institutions of the same type. Learning and thinking education can learn from it, so as to obtain better educational methods.

Three years later, learning and thinking education was officially renamed as Good Future Education. In terms of the development of good future education, although Zhang Bangxin is the CEO, he still insists on leading the team to study some good learning programs, mainly because he has achieved better grades since childhood and has a say in education.

With the growing scale of Good Future Education, the market value of the company is getting higher and higher, reaching $20 billion. At the same time, New Oriental was only $65.438+06.6 billion, and Zhang Bangxin's net worth reached 73 billion yuan, making him the second richest man in education.

Zhang Bangxin's success lies in his familiarity with the education industry. During his part-time job, he found great business opportunities in education, so he did not hesitate to drop out of Peking University to start a business. Although the road to starting a business is arduous, he can still lead a good team, make the future education bigger and stronger, and truly achieve nothing.