Rebirth of the Entrepreneurship Era

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On Sunday, Xu Yiyang suppressed his ecstasy and finished the day's class.

Because he was going to Guangcheng tomorrow to take away the shares of Fujixun 40 from Mr. Ma, Xu Yiyang decided to change his path in the future.

He does not plan to continue teaching any more, and is going to retreat behind the scenes to focus on the expansion of Jiayang Education.

The education and training industry is an extremely high-quality cash cow, and it cannot be given up no matter what.

What's more, the successful investment in Fujixun is not the beginning of peace of mind.

On the contrary, it is the beginning of working hard to make money.

His investment in Fujixun now is like an ordinary person raising a baby dinosaur that just hatched.

This dinosaur is still very small, and it can be fed with a little bit of food leaking through the fingers.

But this little dinosaur will soon start to grow rapidly. One bite today, one bowl tomorrow, one pot the day after tomorrow, and after that, one meal may eat up one year's rations.

Therefore, we must seize the time to make money, otherwise, once this guy grows up, he will not be able to support him at all.

What should I do if I can't afford it? You have to choose to dilute the shares.

On the premise of knowing how far Fujixun will develop, diluting the shares in advance is tantamount to cutting the flesh alive.

Therefore, he must give up the podium and work hard to expand.

A good entrepreneur can start as a technician, but must transform into a manager in the later stage, otherwise this project will never have a big improvement.

Just like Yu Minhong, when he founded New Oriental, he was a teacher himself.

But when New Oriental was developing rapidly, he had already stepped off the podium and sat in the office, so he was able to make New Oriental bigger step by step.

Coincidentally, the oral English training class at the end of June is coming to an end soon.

So he decided that starting from July 1, he would no longer participate in actual teaching.

In the future, I will only participate in the formulation of courseware, and the rest of my energy will be devoted to management.

In fact, now, the aura of being on TV at the beginning,

It has weakened a lot.

Moreover, the excellent performance of the two foreign teachers has long been the core driving force for Jiayang Education to attract parents.

Retiring to the second line at this time will not have any impact on teaching and enrollment.

However, if you don’t teach yourself, you must have a teacher on top.

In addition, July 1st is the summer vacation, and the courses of the summer school can be arranged intensively at that time, so the two foreign teachers, Billy and Anna, are far from enough, and more foreign teachers are needed to join.

So Xu Yiyang hoped that Billy could help him find more reliable foreign teachers from the group of foreign students.

At the same time, he also hopes that Billy can take on the role of a leader and become the leader of the English teaching group of Jiayang Education in the future, who will be responsible for managing the foreign teacher team.

And Xu Yiyang would not treat him badly, and directly promised him that in the future, he would give him 10% of the salary of all the foreign teachers in his group as a commission.

If you want the horse to run, you must feed the horse.

As soon as Billy heard this, he immediately agreed to go back to Quancheng tomorrow, to communicate with his foreign classmates, and to recruit as many people as possible.

...

Finally waited until Monday!

Xu Yishan got up early in the morning, preparing to take the high school entrance examination.

The high school entrance examination time is from Monday to Wednesday, a total of three days.

Xu Yiyang got up earlier, he was going to take a taxi to Quancheng Airport, and then fly to Guangcheng to meet Mr. Ma.

So, before he went out, he said to his sister with some guilt, "Shanshan, I'm going out to do some errands, and I might not be back until Wednesday. I won't be able to catch up with your senior high school entrance examination. You must study hard. If you do well in the exam, I will take you out to play later!"

"Really?!" Xu Yishan asked excitedly, "Where are you going, brother? Can you go to Quancheng?"

Xu Yiyang smiled and said, "As long as it's in China, you can go anywhere you want!"

Xu Yishan happily turned around several times, and said to Xu Yiyang, "Brother, you must not go back on your word!"

Xu Yiyang smiled and said, "Don't worry, I will never regret it."

At this time, Mama Xu smiled and said, "Yangyang, I will accompany Shanshan in the exams these few days, so I won't go to the Children's Palace for now. If there is something to do, just ask Aixue to arrange Wenjuan and Ningning directly."

"Okay mom."

Afterwards, Xu Yiyang bid farewell to his family and drove to the airport.

The moment the plane took off, Xu Yiyang was so excited that he secretly sighed, "Mr. Ma, I'm here!"

When the plane landed at noon, the first thing Xu Yiyang did when he got out of the airport was to find a reliable financial lawyer.

Otherwise, if there are any clauses, traps, or bugs that cannot be explained clearly in the contract, I am afraid that it will cause trouble in the future.

After the plane landed in Guangcheng, Xu Yiyang immediately went to the busiest city center.

He didn't know which law firm in Guangzhou was the most powerful, but he used the simplest method to find the largest law firm in the best and most expensive office building.

Generally, a law firm that can meet these conditions must have a lot of strength, at least it should be the best in the local area.

Moreover, law firms that can work in the best and most expensive office buildings generally serve large enterprises, and are best at business disputes and corporate financial activities, including mergers and acquisitions and investment and financing.

In the top office building in Guangcheng, Xu Yiyang inquired and found that there were three law firms here.

He wrote down the house numbers of the three law firms, and went to the door one by one to have a look.

From the front of the door, he took a look at the front desk, interior decoration and the approximate floor area, and he chose Huabin Law Firm, the largest of the three.

When he came to the front desk, Xu Yiyang said to the girl at the front desk, "Hello, I want to find a lawyer who is familiar with investment and financing and corporate financial cooperation legal terms and contract terms. I wonder if you have one here?"

"Yes sir."

Although the front desk was suspicious of why Xu Yiyang came here to find a lawyer at such a young age, he was a potential client after all, so naturally he didn't dare to neglect him.

So, she immediately said, "The main business of our law firm is commercial disputes and investment and financing. Please wait a moment, and I will send professional lawyers to receive you."

Xu Yiyang nodded, and sat on the sofa next to him for a while, then a man in his thirties, wearing a formal suit, came out and asked the front desk, "Xiaoxuan, who would like to consult?"

The receptionist pointed at Xu Yiyang and said, "That's the gentleman."

When the lawyer saw Xu Yiyang, his eyes were full of doubts, but he still approached him very politely and asked, "Sir, do you want to consult a lawyer?"

"That's right." Xu Yiyang nodded and said, "I have an investment project, and I need a professional financial lawyer to accompany me and help me determine the terms of the contract."

The lawyer said, "Then let's go to the reception room and talk in detail."

When he came to the reception room, the lawyer asked Xu Yiyang to sit down, and asked him to pour a cup of tea.

Afterwards, he handed over his business card and said, "Hello, sir. My surname is Fang, and my name is Fang Junhui. I am a lawyer here who is mainly responsible for legal support in investment and financing. I don't know how to call him?"

"My surname is Xu, Yan Wuxu."

"Hello, Mr. Xu." Fang Junhui asked, "Can you tell me your specific needs?"

Xu Yiyang said, "I'm going to invest in a company on the Shenzhen Stock Exchange. I have reached an investment agreement with the boss of the other company. Now I want to meet with him, and then complete the whole process of signing, payment, and industrial and commercial changes."

Fang Junhui nodded, and then asked, "Then is it convenient for you to introduce the specific terms of cooperation?"

Xu Yiyang said, "I invested 4.8 million yuan in the other party in exchange for 40 shares in the other party. If the company raises funds in the future, I have the priority to invest."

Fang Junhui was very surprised. Xu Yiyang looked like he was only in his twenties, and he could spend 4.8 million to invest in a company? This is a rich second generation, right?

However, Fang Junhui suppressed the surprise in his heart, and asked more details about the investment very professionally.

After getting to know the details, he said to Xu Yiyang, "Mr. Xu, we participate in the whole process of contract formulation, risk avoidance and other legal business, and the fee is 5,000 yuan for a single transaction."

Xu Yiyang couldn't help being surprised, "It's only one person's daily workload, five thousand yuan is not cheap."

Fang Junhui said seriously, "Mr. Xu, in fact, the main core business of our law firm is not to accept individual cases, but to provide long-term and stable legal services for fixed corporate clients."

"Our headquarter is in Hong Kong, and we have branches in Yanjing, Zhonghai, Shenzhen, and Guangzhou. We serve well-known large enterprises at home and abroad. Therefore, for a single case like yours, our charging standards are relatively high. .”

Xu Yiyang nodded. What he cared about was not money, but professionalism.

But looking at Fang Junhui, it seems that there are indeed two brushes. If the cooperation is happy this time, long-term cooperation can also be considered in the future.

Thinking of this, Xu Yiyang said, "Okay, let's pay the price you said."

Seeing that Xu Yiyang accepted the offer, Fang Junhui nodded and asked him, "Mr. Xu, are you planning to invest this time in your own name or in the name of a company?"

Xu Yiyang asked, "Is there a big gap between the individual and the company?"

Fang Junhui said, "Actually, I don't recommend you to invest in your personal name, because there is no room for reasonable tax avoidance, but if you invest in a business, there are many ways to reasonably avoid tax in the future. Overall, the cost will save a lot. "

As he spoke, Fang Junhui added, "This will also have a better protection for personal privacy."

Xu Yiyang nodded thoughtfully.

Fang Junhui had actually considered the question he mentioned.

Once the investment in Fujixun is completed, in the business information of Fujixun, he is one of the shareholders, and there is really no privacy protection.

However, even if I use Jiayang Education to invest, there is not much change. If someone is interested in Jiayang Education, they can still find out about themselves.

Fortunately, Tengxun is still very small, just a start-up company struggling to survive, and no one pays attention to it.

Therefore, it is okay to invest in your own name temporarily.

It is estimated that Fujixun will take the lead in China at least after 2001.

Moreover, it is difficult for Internet companies to meet the requirements for listing in the mainland. Fujixun will most likely go to Hong Kong or the United States for listing in the future.

Therefore, I can also wait for the time is right, register a company in Hong Kong or in an offshore legal area, and then transfer all my shares to this company to hold it, and then I will be able to guarantee myself privacy.

As for the issue of reasonable tax avoidance, Xu Yiyang didn't think about it at all.

This is because Fujixun has not made a profit until 2002, and even if there is a profit on the book, it still needs to use the money to continue to expand the scale, so I don't have to think about dividends at all.

Not to mention the dividends, in the next two years, in order not to dilute the shares, maybe I will chase tens of millions or even more in the subsequent financing in order to not dilute the shares, so why talk about reasonable tax avoidance?