One of the leading businessmen from Malaysia today is Vijay Eswaran, who is also listed by Forbes to be one of the wealthiest businessmen from Malaysia. He is not only considered a guru in the field of multi-level marketing, but the books that he has written in the past few years has been a rage. Some of the books that he has written on the topic of spirituality, discipline, motivation, and self-improvement are Two Minutes from the Abyss, In the Sphere of Silence, and a few others. All these books depict his life journey, the wisdom that he has gathered over the years, and what are the valuable lessons he has learned over the years.
Vijay Eswaran has done his schooling in various schools in Malaysia as his family would often relocate due to his father’s job at the Ministry of Labor at the Malaysian Government. After completing his schooling, Vijay Eswaran moved to the United Kingdom where he joined the London School of Economics to finish his degree in socio-economics. It was around this time that he did a few odd jobs as well as got introduced to the world of multi-level marketing. After completing his graduation in the United Kingdom, he moved around Europe doing a variety of jobs. However, he eventually returned to Malaysia in 1998 when he co-founded the company we all know today as the QI Group of Companies.
The reason behind the massive success that QI Group has achieved in the past few years is due to the enterprising nature of Vijay Eswaran. He is always looking for opportunities to expand and grow and is not complacent even after achieving so much success. Vijay Eswaran mentions the same in all his books that to stay ahead of the competition, one should stay away from their comfort zone.
GreenSky Credit has been one of the most instrumental organizations that are trying to bring revolution to the finance sector by embracing technology. With the help of the company’s CEO, Mr. Zalik David, Greensky has been able to establish strong relationships with the financial institutions that lend money to the customers in need hence building a mutual relationship. The deal between these institutions of financial lending and GreenSky Credit is that they should be able to harness customers to borrow money from them. Then, GreenSky comes in to provide the funds to the customers on behalf of the credit firms, but of course at a fee that is charged in the form of commission on the outstanding loan balance of the borrowers.
To smoothen the process of borrowing for the customers and their lenders, GreenSky Credit has designed an online portal which the borrowers can log in and communicate with their creditors. On the same portal, the loan application process is initiated by the borrower by filling in their details and submitting them for approval. After the approval by the financial institutions, GreenSky is granted the green light to credit the clients’ bank accounts with the requested funds. The whole process takes less than 48 hours. The beauty of this platform is that the loan application process has become a walk in the park for the borrowers. Instead of the bulky forms that the customers filled in the past, they are only required to sit with their phones in their houses and complete their loan application. The long time of the approval process has also been alleviated by this platform.
All this has been the initiative of David Zalik, who has been on the front-line to ensure that credit customers are no longer exploited or mishandled by the creditors who had become rogue in their service delivery. By the establishment of GreenSky Credit, a lot of challenges that were facing both the borrowers and the lenders have been addressed, and most of them solved. For instance, many are times when the small creditors could not afford to give credit to customers who required huge amounts of credit. As a result of the emergence of GreenSky, these firms can access funds to give to their customers in need, at a small fee.