Chapter 1445 Ma Yun Appears

While everyone in the world knew Sir Yang, the richest man in Hong Kong, no one in the world knew a university English teacher named Ma Yun.

In 1988, 24-year-old Ma Yun graduated from Hangzhou Normal College and was assigned to Hangzhou Institute of Electronic Industry to teach.

Ma Yun was famous for her activeness in school. In order to prevent Ma Yun from having other ideas, Huang Shumeng, then vice president of Hangzhou Normal College, made a "5-year agreement" with Ma Yun, and she could not resign from the school within 5 years.

While teaching at Hangzhou Institute of Electronic Industry, Ma Yun was a lecturer in English and international trade.

At the same time, he launched an "English Corner" by the West Lake and gradually gained some fame in the translation industry.

At that time, the national economy was developing rapidly, and the number of private enterprises doing foreign trade business in Hangzhou gradually increased, and the demand for translation services also increased accordingly.

Therefore, many bosses asked him to do English translation. But at that time he could only work part-time because the "5-year agreement" between him and the old principal had not expired.

In 1992, Ma Yun, who was still teaching at the university, founded Haibo Translation Agency with his colleagues.

This was the first professional translation agency in Hangzhou. Haibo was named after the homonym of the English word "hope", which means "hope".

At that time, the translation agency was just a small shop with a total of 5 employees.

Ma Yun and his colleagues raised 3,000 yuan and rented a house with a monthly rent of 1,500 yuan. The registered capital of the translation agency was 3,000 yuan.

The beginning of the business was not smooth, and the turnover in the first month was less than 600.

The situation of not making enough money shook the employees of the translation agency, but Ma Yun firmly believed that the translation agency could continue.

At the same time, he had to find a new source of income. Later, he found that selling flowers and gifts could make money, so Ma Yun took a train with a sack on his back to Yiwu to purchase wholesale goods.

After that, he divided the office into two parts, half of which was used to sell flowers and gifts, and the other half was used for the translation agency. Moreover, Ma Yun often carried a large sack full of small handicrafts and shuttled through the streets of Hangzhou to sell them. Ma Yun even worked as a salesperson for medicines and medical equipment for more than a year. Ma Yun used the income from these small businesses to maintain the operation of the translation agency.

A new problem arose. Since selling gifts can make three to four thousand yuan a month, and the translation agency can only make five to six hundred yuan, why should we continue to run the translation agency?

Ma Yun's colleagues suggested that we only open a gift shop and set up a gift company in the future, but Ma Yun refused. He stated his own views: What was the purpose of setting up the translation agency in the first place? Was it to meet market demand and solve the problems of teachers, or to make money?

Since it is for the former, we must persist. If we get through it, the light will come.

In 1995, after three years of losses, Haibo Translation Agency began to make a profit.

At this time, the five-year agreement had expired, and Ma Yun resigned from the school.

After resigning, Ma Yun ran the translation agency full-time for a period of time. He found that after the translation agency achieved profitability, it gradually got on the right track, so Ma Yun let other colleagues take care of it and no longer asked about the specific matters of the translation agency.

He began to look for new entrepreneurial opportunities.

In 1995, Hangzhou City was going to build a highway to Fuyang, Anhui Province. An investment company from Country M also participated in the project, but during the one-year period of the project, the company delayed paying the investment according to the contract.

Hangzhou City hired Ma Yun to contact the company in Country M.

At that time, Ma Yun was called "the best English speaker in Hangzhou".

With the commission from Hangzhou City, Ma Yun took on the work of translation and coordination in Country M.

But after arriving in Country M, Ma Yun found that it was a fraudulent company. Not only did they have no intention of cooperating, they even hoped that Ma Yun could join them in defrauding Country Z of money.

When Ma Yun showed his unwillingness, they put Ma Yun under house arrest. In desperation, Ma Yun could only pretend to compromise and leave on the pretext of needing to inspect other projects.

Ma Yun, who was preparing to buy a ticket to return home at the airport, suddenly regretted it. After thinking again and again, Ma Yun felt that since he had come, he could not give up easily. Ma Yun remembered that a colleague in China mentioned that his son-in-law had co-founded an Internet company in Seattle. He went to Seattle to find VBN, where Sam, the son-in-law of that colleague, worked, and saw the world of the Internet with his own eyes.

Ma Yun found that people could search for a lot of information through the Internet.

He decided to cooperate with VBN.

On the night of returning to China, Ma Yun invited 24 close friends to talk about the Internet.

But only one of the 24 people thought it was worth a try.

Everyone's disapproval did not shake Ma Yun's idea of ​​doing the Internet.

A week later, he and his wife Zhang Ying agreed to start an Internet company.

The 100,000 yuan needed for the business was raised by them from everywhere.

On May 9, 1995, the first commercial website in Z country, "Z Country Yellow Pages", was born.

. . .

Hangzhou Haibo Service Company.

Although Ma Yun and his wife and their only employee He Yibin opened this company at this time, they found that the business was even worse than the previous translation company because there was no business at all.

Ma Yun thought that he couldn't go on like that.

"Sir, I heard that two training institutions have opened in Hangzhou recently." Madam Zhang Ying came over and said.

Two training institutions?

In fact, Ma Yun had long noticed that the New Oriental Education and Training Institution, which was first invested and established by the Empire Group in China, is now also the largest education and training institution in China.

This made Ma Yun very envious.

After all, he also majored in English. However, at most he only opened an English translation company, but he never thought of opening an English training institution.

It’s not that I don’t want to, it’s that I don’t have the money.

After New Oriental Education and Training Institutions entered Hangzhou, they basically monopolized the market of training institutions here.

Many of Ma Yun's former classmates went to New Oriental training institutions to become English teachers.

"what company?"

"It's called Xueersi Education and Training Company. I heard that the boss is Yu Minhong."

Xueersi Education and Training Company?

As for this Yu Minhong?

This was the first time Ma Yun had heard of it.

"Compared with New Oriental Education and Training Institutions, I heard that the tuition fees of Xueersi Education and Training Institutions are cheaper, but the model is similar to that of New Oriental Training Institutions. Moreover, I heard that Yu Minhong graduated from Peking University and has worked at New Oriental for many years. , now start your own business.”

The wife Zhang Ying on the side felt that she had nothing to do, so she talked about this matter with Ma Yun.

If it had not been a translation company but an English training institution, it would have become a large-scale education and training institution in Hangzhou now.

"Sir, how about we open an English training institution like this? I heard it's really profitable." Zhang Ying said deliberately.

Ma Yun was a little moved after hearing this.

However, when he thought about the development of the Internet he had seen in country M, he felt that the Internet was the more promising path.

Although English training institutions seem to be very profitable now, more and more companies will definitely come in and become more competitive.

For Ma Yun, she had actually missed the best opportunity to enter an education and training institution.