Last year, the QI Group of businesses announced that it had generated $750 million in annual revenue. It was a perfect representation of the unprecedented success that the e-commerce based conglomerate has achieved less than two decades since it was founded. For the company’s founder and executive chairman Vijay Eswaran, the announcement showed how through visionary leadership and innovation, the company had overcome initial setbacks to become a leading force in the multilevel marketing industry.
Vijay Eswaran was born in Malaysia on October 7, 1960. His father worked with the Ministry of Labor. Thus, the family was forced to shift frequently from one part of the country to the next due to work requirements. In the early 1980’s, Eswaran enrolled for a socio-economic degree at the London School of Economics, graduating in 1984. Read more: Five Minutes With Dr. Vijay Eswaran, Executive Chairman, QI Group of Companies
While in the UK, Eswaran became exposed to the binary system. He decided to enroll for a professional course on the system and attended CIMA, UK. After the course, Eswaran enrolled for an MBA at the Southern Illinois University and worked part time at a multilevel marketing company called Synaptics in the US.
When Eswaran returned to Malaysia, Cosway Group offered him a position in multilevel marketing in their Philippines-based company. It was at this time that Eswaran’s passion for the system developed. In 1998, he founded QNET, a multilevel company that bloomed over the years to become QI Group. Learn more about Vijay Eswaran: http://philanthropies.org/vijay-eswaran-2/
Today, QI has several investments in the media, hospitality, direct sales, education, and health sectors. The company is headquartered in Hong Kong and has regional offices in about 20 other countries including Malaysia, Singapore, and Thailand.
Eswaran is an accomplished author too. He has published several successful books, among them In the Sphere of Silence and 18 Stepping Stones. His most recent book, Two Minutes from the Abyss was published in 2016. Currently, Eswaran travels widely, speaking at different global economic forums. His charitable organizations include the RYTHM Foundation and the Vijayaratnam Foundation.