Guesthouse
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PhD Dropout Turns B&B into $400K/Year Business
Yang Shuncheng, a former Chinese Academy of Sciences doctoral candidate, transitioned to entrepreneurship, opening the “Muye Gongchao” guesthouse. Despite facing criticism for leaving academia, Yang defends his decision, emphasizing the value of his education in shaping his thinking. His venture has proven successful, reportedly generating ¥4 million (approximately $550,000 USD) annually. Registered in 2023 with a substantial capital, the company’s business includes comprehensive hospitality services.