Vijay Eswaran is a Malaysian businessman and award-winning entrepreneur. He won the Lifetime Achievement Award in Global Entrepreneurship at The Eighth World Chinese Economic Summit in November 2016. Eswaran co-founded the QI Group of Companies and still holds the position of Executive Chairman.
Vijay was born in Malaysia on October 7, 1960. His interests and aspirations drove him to successfully earn a socio-economic degree from the London School of Economics at 24. Afterward, Eswaran spent about a year working at a variety of jobs in Europe until being introduced to binary system marketing.
His excitement about these kinds of businesses prompted Vijay to return to school where he earned a professional qualification from the Chartered Institute of Management Accountants (CIMA) in the UK. CIMA is an organization that provides training and qualification in management accountancy. He followed his time at CIMA by attending Southern Illinois University where he obtained an MBA.
During his time at university, Vijay needed to make some money, so he worked part-time for Synaptics, a multi-level marketing organization (MLM). His interest in MLM increased later in life after he returned to Malaysia and The Cosway Group asked him to manage their businesses in the Philippines. The Cosway opportunity taught Eswaran everything he needed to know about MLM operations. He decided to create something himself.
Vijay started the QI Group in 1998, and since then the MLM network has grown to include 20 countries and has diversified into other businesses. The most visible and promising new business is telecommunications. QI claims to generate almost $1 billion per year. The other business arms of QI include financial services, education, retail, and direct selling.
A total of 1500 people spread over 30 countries helps to focus the goals of QI. Those goals are to help others rise economically by providing opportunities that teach, invest, and create revenue to sustain the economic future of the participants and the geographic area.