Entrepreneur Vijay Eswaran is an admired icon of success in the modern world. He has overcome obstacles that most people do not get past. When there is uncertainty or trouble, Vijay maintains his glass-half-full outlook, which he attributes to much of his success. He has always been determined and good at finding a way over the highest hurdles in his professional life.
Vijay’s Determination Started Early
Vijay was born in Penang, Malaysia. He moved to different parts of the country because of his father’s job. His drive to succeed was apparent when he paid for his own tertiary education in the United Kingdom. To pay for his tuition and living costs, he worked as a cab driver. In 1984, he graduated with a degree in socio-economics. One of the reasons why Vijay has always maintained his positive outlook is because he has always been open to new experiences. After he spent a year traveling and working in Europe, he spent more than a month in silence in a Franciscan monastery. Vijay eventually traveled to the United States to study business administration and earned his MBA from Southern Illinois University. As a determined young man, he also worked hard to earn money while he studied. Vijay got started in multi-level marketing in the late 1980s. However, he also had a job with an IBM subsidiary. As the years passed, he learned more about direct marketing and identified ways to improve it.
Vijay Eswaran’s Positive Outlook And Success
A good entrepreneur is someone who develops solution-based ideas that come from pain points or problems. While a good idea is beneficial to the target market, it is profitable to the entrepreneur. However, there is more to success than being a good idea developer. Although some good ideas do well, others may not be as popular. Also, there are financial, logistical and legal obstacles that create hurdles for entrepreneurs who have good ideas. Many people give up because they feel frustrated or feel that they have failed. Vijay reminds people not to give up. There may be other ways to make an idea work. It may simply take more time and patience, and Vijay encourages entrepreneurs to look for other solutions or explore different ideas if one project fails. His perspective is to focus on what is most profitable and useful rather than on failures. If an idea does not work for Vijay, he analyzes the reason to see if there is another way. If not, he moves on to something else and does not let the experience bring him down.
Tenacity In A Tough Market
Direct selling is a difficult business or career choice. However, Vijay identified the needs of many people when he co-founded a multi-level marketing company in 1998. It eventually expanded and turned into QNet, which later became part of the Qi Group. Vijay co-founded the Qi Group with the help of other philanthropic and visionary entrepreneurs. One of the things that Vijay likes about the Qi Group is its commitment to charity, which is evident in its RYTHM Foundation. The foundation gives to children with special needs and to communities with development or wellness needs. Vijay also makes personal charitable contributions that give people opportunities to succeed.
From phone cards to makeup, Vijay sold a wide variety of products over the span of two decades. When his company started, it sold products in the Philippines. At that time, the country was in the middle of a financial crisis. The products that he chose were mostly simple necessities of daily life. Since he blended the concepts of e-commerce and direct selling, QNet grew quickly. According to Forbes Asia, Vijay’s net worth is about $500 million, which makes him one of Asia’s richest people. Within the next several years, Forbes also estimates that Vijay’s company will reach $1 billion in total revenue. Since it started, the company grew to include more than 4.5 million independent representatives. They sell products and help others become independent representatives as well.
Since Vijay is an icon of perseverance and success, it is no surprise that people flock to events when he speaks. When Vijay went to Indonesia in 2012, there were more than 8,000 QNet independent representatives who gathered to see him. He was there for his annual three-day convention, which is an event that all IRs aspire to attend. During the convention, IRs receive special training, motivational talks and other valuable information. It is commonly called VCon by representatives. There are many personal stories from IRs who started with a vision of a better life and attained it. Vijay created the event to give them a place to network, inspire each other and share ideas.
One of Vijay’s common sayings is that good teachers do not give answers. Vijay’s company is designed to give people the tools and knowledge to succeed. However, they find their success when the realize their own abilities and put them to use. Vijay also said that success is an individual thing and that successful people stand alone as warriors. His perspective is that the depth of understanding is part of the student rather than the teacher. He does not let other people darken his outlook or slow his determination. Vijay tells people that networking is not about caring about the opinions of others. He says that networking is simply about continuing day after day and reaching each goal. Also, he reminds people that working hard is not enough to gain true success. According to Vijay, people must have a strong need for success that drives them to reach and exceed their goals.