The legendary entrepreneurial Road of "92 faction"

1992, a large number of intellectuals in government agencies, scientific research institutions were inspired by the South Patrol speech, have taken the initiative to venture into the sea, forming a Chen, Tian, Mao, Guofanseng, Feng, Wang, Pan Shiyi, Ishadi and other representatives of the "92-faction" entrepreneur. They have a strong resource integration capacity, in the operation of the enterprise has a modern concept, they are also the 90 's economic growth of the main driving force. The rise of the 92 faction is full of temptations and wonders of the Times.

It is such a group of fast-growing entrepreneurs, seizing the opportunity of the development of the times, changed the way of life. Courage and wisdom coexist with them, have become their own industry in the river big guy. This year is Deng Xiaoping's visit to the South 20, for our investors, the "92 faction" story has too much experience to learn.

Person: Pan Shiyi

Industry: Real Estate

Current position: Chairman of SOHO China Ltd.

Success Tips: Trust, simplicity, transparency

"If you can eat enough every day!" "More than 40 years ago, Gansu Tianshui County A small and skinny rural children with such a vision." 20 years later, the child graduated from college and went to the Department of Economic reform of the pipeline Bureau of Langfang, Hebei province, to eat the public food.

He is Pan Shiyi. Last year he sparked a "pan-dollar incident" for his microblog banter with Mr. Jobs, and recently was abuzz over the fact that the United States had plagiarized from Wangjing Soho. A lot of people are full of curiosity about the real estate big guy: from the violent and the rich to the rich, how does he make money?

1992 resigned to the sea to Hainan Pan Shiyi, and Feng, and several people founded million Qualcomm company, but start difficult, they have to spend all day in Haikou street stalls, beach baths.

After a few years in Hainan's impoverished wandering, pan Shiyi decided to come north. A chance, in the Huairou County government canteen to eat pan Shiyi, inadvertently listen to the table, Beijing gave Huairou several directional fund-raising joint-stock company indicators, but no one is willing to do. Pan Shiyi seized the opportunity and grabbed hundreds of millions of yuan of profits.

Later, Pan Shiyi used this part of the funds to develop the universal New World Plaza, the only official sales within 5 days, the resumption of 500 million Hong Kong dollar funds, even to help him to do the sale of the Hong kong-based Dengzhiren boss, all earn a HK $100 million commission.

In April 1994, Pan Shiyi met Zhang Xin, who works on Wall Street's Goldman Sachs Bank, and married in October. September 1995, Pan Shiyi left Wantong, and his wife founded Red stone industry, then create a big situation in Soho China.

Throughout the more than 10 years of the rise of Pan Shiyi, China is in the midst of a rapid start to abolish welfare housing and move to commercial real estate. Of course, many people can encounter the opportunity, but Pan Shiyi can have today's success, according to his own saying, the secret has three: partners to trust, do things simple, investment to be transparent.

Person: Chen

Activities: Auctions, insurance

Current position: Chairman and CEO of Taikang Life Co., Ltd.

The secret of success: must be professional

Speaking of which, the term "92 faction" is still Chen.

At the age of 33, from the position of the Deputy Bureau level to go into business Chen, each step is very "elite". 1983, the 26-Year-old Chen received a ph. D. in economics from July 1983 to 1988, working in the former Department of International Trade and economic and trade cooperation of the developed Countries; 1988 to 1993 May, the Department of Development Research Center of the State Council, "Management World" magazine vice president of the editorial (deputy), Vice president of China's 500 Large Enterprises Evaluation Association.

1993 Chen founded China Guardian International Auction Co., Ltd., 1996 established Taikang Life Insurance Company Limited. Currently Taikang Life Insurance company chairman and CEO, China Insurance Industry Association, Vice President of the Institute, Nankai University, Northwestern University, adjunct professor, Peking University International MBA program professor.

Today, the auction has become the largest local auction company, 2011 turnover of more than billion, Taikang life is already 250,000 employees, 68 million customers of China's fifth largest insurance company, 2011 years of assets of 350 billion yuan.

Chen in the introduction of his experience, had such a feeling 1992 years of entrepreneurial wave: At that time, Hainan Island has a word, said, "if the coconut fell to hit two people, then, certainly one is the chairman, one is the general manager." We can see that, whether the founder of the Chen auction, or the creation of Taikang life, the thinking is very avantgarde. You know, the art auction and insurance market, these two cakes are not so easy to eat, and in 1992, the market economy just active, Chen will look at this, need enough courage.

"With the expended of the planned economy, seize the beachhead of market economics!" The Chen of the words was filled with lofty. Now, with the further development of the times, do not know the original vision of the Chen will also open up what the situation.

Person: Mr Yu

Industry: Education and training

Current position: Chairman and President of New Oriental Education Technology Group

The secret of success: try to do something

"I can leave my life without leaving the podium." ”

If Pan Shiyi and Chen and other people's entrepreneurial experience is quite legendary, then Mr Yu has been "orderly" in the old line to fight.

1962, Mr Yu was born in the village of Jiangyin Street, Jiangsu province. In 1980, 18-Year-old Mr Yu, after losing two college entrance exams, finally admitted to the West Beijing University, the University of Illness (tuberculosis) suspended for one year, so he spent 5 years to graduate from college, and then left the school as a foreign language department of Peking University teachers.

In order to let oneself from "a grass" into "a tree", in September 1991, Mr Yu resigned from Peking University, into the field of private education, successively in Beijing, some private schools engaged in teaching and management work. November 16, 1993, Yu founded the new Oriental, from the initial dozens of students, began the new Oriental entrepreneurial process.

In 1992, Mr Yu was recruiting more and more students, and fewer trainees from other training institutions. The competition is urgent, first covers the advertisement in large area, after becoming a dispute with Mr Yu's school, and finally simply holding the knife, in the advertisement pillar (telegraph pole) side waiting, Mr Yu a Stick (flyer), the other side on the spot on the tear, but also under the staff of Mr Yu's hand stabbed several knives.

In order to develop business, Mr Yu went to the Public Security Bureau for a squat 3 days, and finally pulled to a policeman. Then please go to dinner, and finally drink to the hospital for 6 hours. "After I came to life, I realized that I should have done it." ”

With this spirit of drinking and death, Mr Yu's career is so brilliant that he set up the new Oriental Education Technology Group in 2001, and the new Oriental Education Technology Group was successfully listed on the New York Stock Exchange September 7, 2006.

But Mr Yu, with his own peculiar frankness, said, "Some of my friends have made more money, and my wife wants me to be more successful." She felt that I was a loser compared to them. ”

Person: Feng

Activities: Real Estate

Current Position: Wantong Holding Chairman

The Secret of success: perseverance and patience

Wantong Company founder Pan Shiyi with his "SOHO" series, became a real estate upstart, Wang career set up "Ding Hui Venture", Ishadi made up the Sun 100 Group, Wang Qifu became the "Sea di Floor" President, Liu June return to agricultural High-tech investment, only Feng has been left in Wantong.

Feng was born in Xian, Shaanxi Province in 1959, and his father was head of the business Union. In his impression, born in the father of the broken landed master family, under the new social system, a lifetime of cautious, weak, obey the rules.

1982 graduated from Northwestern University of Feng, first to the central Party School for two years, and then successively in the central Party school, the propaganda department, the state Restructuring, Wuhan Municipal Commission and Hainan Provincial Committee, can say promising. However, he chose to go into business.

"In 1991, when we went to Hainan to start a company, there was no institutional basis, temporarily pulled a few people from the street, to wear clean clothes, that is, employees." Trade and Industry bureau people came, a look at a few people in, this line, the license to take it. Feng admits.

In 1993, Feng established Wantong real estate in Beijing, participated in the creation of China Minsheng Bank, and served as the bank's entrepreneurial director. Planning and leading the Shaanxi securities companies, Wuhan Trust and Investment Corporation, northeast Hualian and other enterprises of the acquisition and reorganization, so that the group in a few years, the total assets growth of more than 3 billion yuan.

However, Wantong total assets reached 7 billion yuan, Pan Shiyi, Wang and other people have left Wantong. Feng's assessment of the shift was: "The rules of the game that have come out of business have contributed to the evolution of our Organization, and we have been completely commercialized, and the company can accommodate more people, and Wantong has survived." ”

After painful and difficult reform, 2002 Wantong became a major shareholder in the vanguard of listed companies, 2003 pioneer shares renamed Wantong Pioneer, 2007 Wantong pioneer renamed Wantong Real estate. Today's Wantong, has become a symbol of the times, Feng himself was also the media sealed a "real estate sector godfather" title.

Person: Wang

Industry: Venture

Current Position: Free investors

The secret to success: instead of planning your own future, adjust your present

Blue shirts, baseball caps, huge computer bags, eyes focused and friendly, Ding Hui investment of senior partner Wang Gong right to this evaluation of their own: A businessman plus half of the literati. As a literary man, he was "obsessed" with ancient poetry, and as a businessman, he was the leader of Pan Shiyi, Lun, was Zhou 祎 as the teacher, in the IDG-led investment in the ebay, 3721, the financial community, million nets, framework media, Chinese learning network, etc., in the Ding Hui led the investment of Qihoo, China Road data and a network advertising alliance ...... Wang has too many business myths and legends.

Because of "elopement incident" and provoked a lot of controversy Wang, 1961 was born in Jilin province Gongzhuling Xiangshui Town Bay Long Village, after graduating from the CPC Jilin Provincial party committee propaganda Department Enterprise Propaganda office work. At the age of 27, he resigned to the sea, has served as Hainan Province Development and Construction Corporation's old Town Export processing Zone development company Office Director, Hainan Province Haikou Xiu Hong Kong Industrial company general Manager, as well as the South German group Tianjin Investment company deputy general Manager.

Wantong was established, Wang has been a leading role. 1995, Wang for the introduction of international management experience to Wantong, to find partners, to the United States to study and visit. In the 90 's in the middle of the United States, the development of Silicon Valley is changing rapidly, full street people are talking about venture capital, big and small parties are also talking about this business model. At that time, China did not have any investment institutions in Silicon Valley, but Taiwan, Hong Kong and Singapore. Wang began to wonder what to do.

Back from the United States, 1998 Wang received comprehensive, Lin pillars of the invitation, officially joined the IDG, resigned as Wantong president of the identity, only retained the reputation of the Chairman of the board. As a result, he has completed a transformation from government civil servants to entrepreneurs and investors to three identities.

2005, Wang joined Ding Hui Investment, is responsible for establishing the CDH venture capital fund, until last year's "Elopement incident", he resigned.

In addition to the above several people, there is sunshine one Bai Real Estate Group Co., Ltd. chairman Ishadi, "Patriot" brand founder of China Flag Information Group President Feng, HC Network Board chairman Guofanseng, China Futures Association president Tian, Fosun chairman Guo, Henan Construction Industry Group chairman and President Hupassen, such as a group of industry bosses, It is also the opportunity to visit the south by Deng Xiaoping and start his own business. It is their common aspiration to say how big a country's dream is and how big the world of entrepreneurs can be. What we can see is that, compared with the "Up-and-comer" of Ma, Jack Yun and Robin Li, the "92 faction" has a unique memory of the times, which makes them more sense of crisis and encourages them to expand their trade routes constantly.

92 School Chronicle

1990, Mr Yu left the English Department of Peking University and founded "New Oriental".

1991, Feng and collaborators to borrow money, raise 30,000 yuan, set up Hainan agricultural High-tech joint development Investment company.

1992, Guofanseng was in the sea, founded "Hui Cong."

1992, Tian launched "China International Futures Brokerage Co., Ltd."

1992, the former deputy director of Shekou Industrial Zone, Shenzhen Wukgang was launched into the sea, the founder of "Tong Heng."

1992, Deputy magistrate popular candidates Zhu into the sea, the founder of "Huiyuan."

1992, Hupassen left the foreign Economic and Trade Commission of Henan Province and founded the "construction industry".

In 1992, Miao left the office of the oil department and founded "white-collar workers".

In 1995, Huang Nu Bo resigned as deputy Secretary-General of China Mayors Association, founded "Zhong Kun".