In March 2023, the Hurun Wealth List conducted an exclusive interview with Mr. Yao Jitong, the youngest winner of the “2022 Panyu District, Guangzhou City ยท Hurun U30 Chinese Entrepreneurship Pioneer” and founder of Yibeiti, on elements such as entrepreneurial philosophy, entrepreneurial spirit, and entrepreneurial development.
Youth’s ambition is resilient and powerful. Yao Jitong has set future development goals since the age of 14. He once said, “I founded my first public welfare organization at the age of 14, and since then, I have been working with governments, NGOs, and international students around the world to promote the development of global public welfare
Public welfare has always been Yao Jitong’s career development direction. In order to better manage public welfare undertakings, Yao Jitong introduced a shared benefit mindset – combining enterprises with public welfare, focusing on enterprises and public welfare, and promoting the influence and scale of public welfare projects. This is a brand new field and track in China, and we have developed a new set of public welfare and social innovation courses suitable for China’s national conditions from scratch, “said Yao Jitong.
It is based on this concept that Yao Jitong, taking the era as the carrier and the public welfare enterprise as the guide, has created Yibeiti, which continues to expand the influence of public welfare projects. Yibeiti is the only public welfare social enterprise in China that combines the thinking of mutual benefit and social innovation education. It combines long-term educational experience and extracts the essence of educational experience of various countries, implements the flexible and innovative teaching mode of combining online and offline, and has absolute market position and authoritative strength, He is a pioneer and leader in this field.
At the same time, Yao Jitong did not set any restrictions on himself. Instead, he explored and innovated in new fields. With a keen sense of the times, he founded Moutong Capital and delved deeply into ESG investment. During the investment process, he always kept in mind the social value of the enterprise, not only focused on the return of funds, but also focused on the fields in which the funds were invested and the impact of the investment on the social economy.
On the path of growth, Yao Jitong has gone through some detours, but also summarized many valuable experiences. He pointed out that “what entrepreneurs should have the most is a strong spirit of admitting mistakes. There is no authoritarian and powerful enterprise, and only by relying on the strength of team and capital can the enterprise achieve more healthy and vigorous development.” Therefore, enterprises must have sufficient introspection, and constantly move forward in reflection and admitting mistakes.
Times are changing rapidly. After the baptism of the epidemic and policy optimization, social enterprises will have a more open and free social environment, which will be the best era for the development of social enterprises. Please believe that in the future, Yao Jitong will lead the many enterprises he has founded into a new glory, and let us wait and see!