Entrepreneurship is one of the most important values in today’s society. As the economy continues to recover more and more people are looking to start their own business. There are thousands of wonderful entrepreneurial success stories from around the world, but one of the biggest stories in the history of Entrepreneurship is the story of Vijay Eswaran.
Vijay Eswaran is the founder of Qi Group, which is one of the most powerful companies in Asia. He started the company in the early nineties, and over the course of the next two decades he managed to take the company all the way to the top. There are several wonderful qualities that made Vijay a successful entrepreneur. Recently, Vijay gave an interview in which he was able to give key insight into the facts that have made him a very successful man.
One of the biggest insights that Vijay had to give was how he came up with the specialty of Qi Group. He formed a team to lead the business in the early nineties, and for more than a year the group agonized over what they should offer. They ended up studying markets in Europe extensively and they discovered that one market that was working especially well is numismatics. Coin collecting was especially popular in Europe at the time. The call was quite intelligent as coin collecting quickly took off in Asia.
Qi Group also decided to invest in precious metals, because Vijay noticed that the precious metals market was at an extremely low point in the history of precious metal trades. Precious metals have since taken off and have turned the Qi Group into one of the most profitable companies in the world.
Vijay also took the time to talk about the fact that entrepreneurship features a great deal of struggle. This is a point that many emergent business leaders do not realize until it is too late. Vijay stated that we he started out on his journey that he did not have the support of his friends and family, and he also was rather low on funds. Vijay said that it was an extremely tough struggle, but rather than give up, he was extremely motivated by his struggle. He came to work everyday refreshed and was ready to take on a new battle.