YuMinHong, the founder of New Oriental, sent a message on his personal official account to share his previous dialogue with fan Deng, the founder of "fan Deng reading club". In the live broadcast, Yu Minhong reflected on the treatment of famous New Oriental teachers in the past Yu Minhong said that looking back on the development process of New Oriental, I found that I missed some good development opportunities. In fact, this is because I am not forward-looking and the consequences of maintaining the stability of the company.
Yu Minhong (left)
At that time, there were a large number of famous teachers in New Oriental. In fact, my motivation to them was not in place. Even dozens of famous teachers of New Oriental were famous all over the country, including Luo Yonghao, but at that time, when the Internet could continuously enlarge their abilities, I didn't match better incentives for these teachers and didn't turn them from employment to cooperation with me. Although they had already received the highest salary in New Oriental at that time, even if compared horizontally, it was the highest salary in the country, But I didn't fully predict the explosive power of these excellent teachers, which directly led to a group of New Oriental excellent teachers going out to start their own businesses in the era of Internet transformation, and most of them did quite well.
Yong Hao Luo
Speaking of Luo Yonghao, in fact, he dropped out of high school when he was a sophomore. In order to be a lecturer in New Oriental, Luo Yonghao wrote a nearly 10000 word cover letter to Yu Minhong. In order to get this job opportunity, Luo Yonghao recited words and learned grammar day and night, and finally improved his English level to the level of GRE English vocabulary instructor. While teaching in New Oriental, Luo Yonghao was sought after by young people with his humorous teaching style and personalized remarks.