Entrepreneurship Is a Kind of Practice: Xu Xiaoping's Entrepreneurial Advice to Young People

Xu Xiaoping is one of the founders of New Oriental. He was once famous throughout the country as a youth mentor. Together with Yu Minhong and Wang Qiang, he was known as the "Troika" of New Oriental. Today, he is one of the top angel investors in China. It is precisely because of his investment that Jiayuan, Lantingjishi, and Jumei Youpin have been able to thrive and go public in the United States. Among them, his investment in Lanting Jishi earned him a book return of 253 times, and his investment in Jumei Youpin earned him a book return of nearly 800 times. It is said that Xu Xiaoping never reads financial statements when investing. His investment style is to "make decisions based on your head and make decisions based on your enthusiasm". If a project doesn't have his head spinning within half an hour, it's not going to be in his favor. So, what kind of entrepreneur can win his favor? In this book "Entrepreneurship is a Practice: Entrepreneurship Advice for Young People by Xu Xiaoping" written by Su Chunli and Qing Qingfu, Xu Xiaoping will combine his own entrepreneurial experience and investment experience to give the most valuable entrepreneurial advice to young people who are eager to start a business today.