Vijay Eswaran: From Rags to Riches

Vijay Eswaran: From Rags to Riches

Few success stories in the world are as dramatic as Vijay Eswaran’s. Although he is quite well-known now as an international business leader and chairman of QI Group, Vijay was not always so successful. In fact, he comes from quite humble origins, which makes his current status all the more impressive.

Here is a brief overview of Vijay’s journey from rags to riches.

Early Life

Vijay was born on the Malaysian island of Penang in1960. As a financial powerhouse and arguably the most important Malaysian city in competition with Kuala Lumpur, Penang has historically been a breeding ground for entrepreneurial activities. From its inception in the 18th century as an important trading hub for the British East India Company, many success stories have begun in Penang, including Vijay’s. His family was by no means wealthy – his mother was a teacher and his father was the leader of a Hindu youth organization.

Working His Way Through School

Like many people who climb to the top, Vijay was handed nothing on a silver platter. He worked all throughout his education as a taxi driver, among other things, before graduating from the London School of Economics in 1984 and later earning his MBA from Southern Illinois University in 1986.

Founding QI

Vijay finished his self-financed Western education and returned to his native region in 1998. He went on to found QI Group, an expansive and multi-faceted e-commerce business, from the ground up.

Under his aggressive leadership, QI Group quickly expanded to become a leading business throughout Southeast and East Asia, with offices now in over 10 countries and growing.

Not resting on his success, Vijay has continued to steer his company into the future, with plans to open the so-called QI City, a uniquely forward-looking commercial and residential development valued in the range of hundreds of millions US dollars.

Lessons for Young Entrepreneurs

Vijay has inspired countless young aspiring business leaders with his tenacious hunger for growth. In today’s world, negativity about the economic future is rampant worldwide, but Vijay provides a bit of hope that anyone, even the son of a Malaysian youth leader, can still achieve success.

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