The University of Macau (UM) held a talk titled ‘The Silver Lining of Struggle: Embracing Difficulties and Failures as Life’s Greatest Opportunities’ today (14 April) as part of the University Lecture Series and Guia Lecture. The speaker was Yu Minhong, founder and chairman of New Oriental Education & Technology Group and chairman and CEO of East Buy Holding Limited, who shared how to turn challenges into drivers of growth and how to stay determined in the face of adversity.

Speaking at the event, UM Rector Yonghua Song said that Yu successfully transitioned from teaching to e-commerce industry in the midst of industry changes, and his company East Buy Holding Limited, which has reshaped the industry model through knowledge-based live streaming, is a great example of turning challenges into opportunities.

During the talk, Yu emphasised that in an era filled with uncertainty, resilience is the most crucial ability for entrepreneurs, and a positive mindset is the key to resilience. He highlighted four key qualities that entrepreneurs should have: the ability to be in tune with the times, resilience, innovation, and leadership. He also shared the development of New Oriental and personal insights from his experience of running a business, and encouraged the audience to strive for their career and life with forward-looking vision, wisdom, and the ability to choose what is good and hold fast to it. In addition, Yu actively engaged with the audience in the Q&A and discussion session moderated by Yu Xingzhong, director of the Institute of Advanced Studies in Humanities and Social Sciences of UM.

Source: Rector’s Office
Media Contact Information:
Communications Office, University of Macau
Albee LeiTel: (853) 8822 8004
Jason LeongTel: (853) 8822 8322
Email:prs.media@um.edu.mo