Entrepreneur Vijay Eswaran Shares His Thoughts On The Gig Economy

Vijay Eswaran is a Malaysian entrepreneur who founded QI Group in Kaula Lumper in 1998. This is a direct marketing firm that now operates in 20 nations. It generated $750 million in revenues in 2018 and sells products such as telecommunications, wellness, media, and corporate investments.

One of his most ambitious projects is QI City which he is building in a partnership with Green Venture Capital. This project is projected to cost RM 1.2 billion and is slated to be completed in 2020. It will have both commercial and residential buildings. It will also have a teaching hospital which will provide both public and private medical services. Vijay Eswaran also founded Quest International University which will relocate to QI City once it is completed.

He has written five books describing his personal and business philosophies. The first book Vijay Eswaran wrote was “In the Sphere of Silence“. He explained in this book why it is important to have an hour of quiet each morning that is dedicated to silent reflection. His latest book, released in 2016, was “Two Minutes from the Abyss”. This book provides his 11 pillars of life management which include breaking out of your comfort zone in order to lead a more fulfilling life.

He recently attended the World Economic Forum that is held each year in Davos, Switzerland. Vijay Eswaran participated in a panel that was dedicated to talking about the gig economy. He talked about a range of topics such as what safeguards should be created to protect the rights of gig workers. Another topic was how the expansion of the gig economy affects young people in particular. Around 50 million people worldwide are in the gig economy so it’s an important matter that impacts a lot of people.

He said that a lot of young people have shown that they don’t want to work nine to five jobs like they saw their parents do. They want to be in charge of their own lives and how they make money. Many also aren’t interested in buying common status symbols such as houses and cars and would rather focus on having great experiences in life instead.