{"id":25994,"date":"2019-11-08T05:32:11","date_gmt":"2019-11-08T05:32:11","guid":{"rendered":"https:\/\/www.englishforums.com\/news\/?p=25994"},"modified":"2019-11-08T05:32:11","modified_gmt":"2019-11-08T05:32:11","slug":"us-university-applications-worth-a-lot","status":"publish","type":"post","link":"https:\/\/www.englishforward.com\/news\/us-university-applications-worth-a-lot\/","title":{"rendered":"How a US University application turned into a multi $M company"},"content":{"rendered":"

Beaton could not have thought that the US university application and admission ideas would turn into a multi-million company. He is now looking into expanding the company to other Asian countries.<\/strong>
\nJamie Beaton remembers a conversation he had on a train with the dux of his school. He was in his first year of high school and admired the student as his \u2018academic role model.\u2019
\nThe student was doing his final exams and was now focusing on transitioning into universities after he completes exams. The student told Beaton that he was applying to top US universities. This conversation ended up changing Beaton\u2019s life forever.
\nMr. Beaton narrated how the student\u2019s enthusiasm and energy motivated him to work hard to also get into a top US university.<\/p>\n

Admission to a US university<\/h2>\n

After extra academic subjects and extracurricular activities, the plan worked. He had applied to universities such as Stanford, Yale, Princeton and Harvard<\/a> in the US and Oxford<\/a> and Cambridge<\/a> in the UK.
\nHe got accepted into all of them after graduating from his high school with an Australian Tertiary Admissions Rank (ATAR) of 99.95.<\/strong> He ended up choosing Harvard universities where he pursued a double-degree in Applied Mathematics-Economics and Applied Math.
\nThis feat turned him into some local celebrity with a lot of students and parents wanting to know how he managed to land in such a prestigious university. Then an idea crossed his mind that he may be able to help these students.<\/p>\n

Crimson firm opens doors<\/h2>\n

In March 2013, he began a tutoring company called Crimson Education<\/a> with co-founders Sharndre Kushor and Fangzhou Jiang.<\/strong> The news of the new company was spreading by word of mouth and through social media.
\nBeaton recruited high performing students from his high school and other students who had achieved the same feat. These recruits would be responsible for tutoring the students looking forward to studying in prestigious universities.
\nWhat he did not know is that six years later, the company would be worth $260 million after raising $20 million from Hong Kong\u2019s Chow Tai Fook Education Group, Korea\u2019s Solborn Investment and other smaller investors.<\/strong>
\nMr. Beaton, who is now 24 years, has indicated plans to expand his reach to other Asian countries. He has stated that he needs to market the company into the Asian market, where he can also help students looking to study abroad.
\nHe also indicated that he is taking life with passion stated,<\/p>\n

The best part for me is that every day I get up electrifyingly fired up \u2026 there\u2019s an amazing passion behind every day, and even when things aren\u2019t going well, I\u2019m excited.<\/p><\/blockquote>\n

He also suggested that the trend of students preferring to study in prestigious ivy league international schools was at its infancy. There is room to improve and more markets will open both in New Zealand and Australia. Crimson company is determined to help as many students as possible.
\n 
\nfeatured image by pixabay<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Beaton could not have thought that the US university application and admission ideas would turn into a multi-million company. He is now looking into expanding the company to other Asian countries. Jamie Beaton remembers a conversation he had on a train with the dux of his school. He was in his first year of high […]<\/p>\n","protected":false},"author":19,"featured_media":26009,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[29,5],"tags":[],"_links":{"self":[{"href":"https:\/\/www.englishforward.com\/news\/wp-json\/wp\/v2\/posts\/25994"}],"collection":[{"href":"https:\/\/www.englishforward.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.englishforward.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.englishforward.com\/news\/wp-json\/wp\/v2\/users\/19"}],"replies":[{"embeddable":true,"href":"https:\/\/www.englishforward.com\/news\/wp-json\/wp\/v2\/comments?post=25994"}],"version-history":[{"count":0,"href":"https:\/\/www.englishforward.com\/news\/wp-json\/wp\/v2\/posts\/25994\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.englishforward.com\/news\/wp-json\/wp\/v2\/media\/26009"}],"wp:attachment":[{"href":"https:\/\/www.englishforward.com\/news\/wp-json\/wp\/v2\/media?parent=25994"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.englishforward.com\/news\/wp-json\/wp\/v2\/categories?post=25994"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.englishforward.com\/news\/wp-json\/wp\/v2\/tags?post=25994"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}