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The Importance of Capital to Education Industry
Martian proposal:

I found it! The reason why the development speed of the education industry has been slow is that the practitioners in the education industry have "made" it themselves.

We all know that a large part of social development is driven by enterprises, but who is the real driving force behind enterprises? Yes.-Capital. Whether you use your own savings, borrow from relatives and friends, or integrate investors' money and resources to start and run this enterprise, in the final analysis, it is the power of capital that plays a role.

We must believe in the power of capital, do not blindly contradict capital, and find a balance between our own industry and capital, and between investors or investors. This balance point must be found. Throughout ancient and modern history, you can see that every successful company is in the whole industrial chain of its industry because it has achieved a balance among government supervision departments, investors, suppliers (upstream), other partners (downstream) and customers. And the balance with investors or investors is an important part of the whole system. Only by finding the balance point of all parties and forming a relatively stable enterprise ecological environment can we develop smoothly and succeed.

The characteristics of the education industry, such as the slow updating cycle of teaching materials, the slow iteration of teachers' knowledge reserves, and the long feedback cycle of students' effects. The reason for insufficient capital promotion is that in other industries, the same investment may increase the profit by 5 times, 10 times or even more after 5 years, such as investing in the internet industry and high-tech industries. Investing in the education industry, whether in the field of culture or art, may not even double in five years, or even be unprofitable in five years. At the same time, the same return on investment is so different, which is the fundamental reason why most investors are unwilling to enter the education industry.

Practitioners in the education industry are not only inactive, but also tend to resist capital, so I say that the slow development of the education industry is the result of their own "creation". The rapid development of an industry must rely on constant iteration. As Professor Ceng Ming, Director of Education of Lakeside University and Chairman of Academic Committee of Ali Group, said some time ago, the biggest difference between Internet enterprises and traditional enterprises is the different iteration speed. When every enterprise in the education industry can iterate as fast as an internet enterprise, and when the whole education industry can develop rapidly, every iteration, large and small, cannot be separated from the support and promotion of capital forces.

So:

I propose! From now on, practitioners in the education industry should correctly understand the power of capital, reach a balance with investors, accelerate industry iteration, and jointly promote the development and prosperity of the education industry.

(Necessary note: The education practitioners in this article refer to traditional education practitioners, excluding Internet education practitioners. The most important thing to distinguish between the two is to see whether the "core business" of the enterprise where the practitioner works is online. If the core business is online, it belongs to internet educators, while if the core business is not online, it belongs to traditional educators. )