The success story of Vijay Eswaran and the QI Group is an extraordinary one. Although QI Group was founded less than two decades ago, the company has grown from a small multilevel marketing startup to an e-commerce based business empire with a presence in over 20 countries.
The business conglomerate has invested heavily in retail, financial, education, health, and hospitality sectors. Its headquarters are in Hong Kong, with numerous subsidiaries based in Malaysia, Thailand, Singapore and several other countries.
Having been born in Penang, Malaysia on October 7, 1960, Eswaran grew up in different parts of the country as his father moved the family frequently to meet his work requirements at the country’s ministry of labor. Eswaran then attended the London school of business until 1984, graduating with a socio-economic degree. Learn more about Vijay Eswaran: https://www.facebook.com/DatoSriVijayEswaran/ and http://www.qigroup.com/2013/11/vijay-eswaran-makes-ceo-of-the-year/
After being introduced to the binary system, Vijay Eswaran decided to take a professional course on the field at CIMA, UK. He then left for the US and attended Southern University for an MBA. While studying at the University, Eswaran took a part time job at Synaptics, a multilevel marketing firm.
When Eswaran returned to Malaysia, Cosway Group invited him to work at their Philippines-based business. His interest in multilevel marketing increased from this point. In 1998, he founded QNET, a multilevel marketing business that would grow rapidly to present day QI Group.
The company overcame numerous initial setbacks to become one of the region’s most dominant forces in e-commerce multilevel marketing. Last year, the group announced it had generated $750 million in revenue.
Eswaran is undisputedly an exceptional entrepreneur. However, his accomplishments exceed his success in the business world. He has so far published several books and is a respected speaker at global forums.
Eswaran is also passionate about philanthropy, having founded charitable entities such as the RYTHM Foundation and the Vijayaratnam Foundation. In 2012, he was awarded the New Global Indian award for philanthropy and business excellence.