I
Yu Minhong will never forget watching his father, a poor peasant determin and carpenter, collect bits of waste brick and stones and turn them foresight
into a small pen to shut in the pigs, hens and ducks. Yu says his
pyra
father's determination and foresight have influenced his whole life
disma
-If you have a map in your head, you can always turn stones into grasp
a building. If a pyramid was dismantled, it would just be a Pile of oppors
obtain
stones. If you live your life without an aim it's Just a heap of days
2 Yu Minhong is one of the inspiring stories of those who have fulfill
been able to grasp opportunities in rapidly changing China
3 Like many of his peers, Yu wanted to pursue an American Orier
Dream in the late 1980s but failed repeatedly to obtain a visa. list
Disappointed, he started to help others fulfill their American stock
dreams. He quit his job as an English teacher at Peking University go
and started up a business in 1993 to help students develop their pro
English skills. At the time, he had a class of only 30 students. Now ca
he owns a company, New Oriental Education and Technology sta
Group, with more than three million students. It has a network of
25 schools and 111 learning centers in 24 cities as well as an online
network that has attracted 2 million registered users. The company
became the first private education company to be listed on the New
York Stock Exchange in September 2006
4" My next aim is to build New Oriental into a model for China s
private education, " adds Yu
o Today, many private schools have gone bankrupt after failing to
deliver both profit and good education. Yu, however, is not afraid
of failure. "Ups and downs are part of a career. Falling over is not
a problem. What you learn in the process is invaluable: it can help
you start over, Yu says
