In light of staggering advances in technology, Vijay Eswaran, co-founder and executive chairman of the QU Group, sees entrepreneurship as the path to the future.
New technology continues to take over jobs while the population keeps growing, causing greater competition among workers. These changes are making it harder for freshly graduated students to follow the traditional path of finding employment as a means of gaining work experience.
This is why it is so important for universities to teach students the skills they need to start their own businesses and give them the confidence it takes to take risks and give life to their ideas.
Eswaran concedes that starting a business is not for everyone, there are positives and negatives to consider when determining which path one chooses to follow. However, those who appreciate less delegation, fast-paced work, open communication, and watching an idea grow from conception would enjoy the experience of working for a startup.
For students trying to decide whether entrepreneurship is right for them, He emphasizes the importance of learning about the business cycle and choosing the path that is right based on careful consideration of their personal and career goals.
Eswaran is an accomplished entrepreneur. He graduated with a degree in socioeconomics at the London School of Economics and went on to obtain an MBA from Southern Illinois University. In 1998, he and Joseph Bismark cofounded the direct-selling firm, QI Group. He was 38 years old at the time.
The firm, which prides itself on following the examples set by Gondi, now spans the globe, operating in 30 countries and employing more than 1500 workers.
Eswaran later went on to create the RYTHM foundation as a means to help others around the world.