Meet Zain Eqbal, the youngest entrepreneur of this book, “100 Inspiring Entrepreneurs of India 2023”! He is 12-year-old prodigy from Patna, Bihar, has emerged as a beacon of inspiration with his groundbreaking venture, Estate Invest.
At a tender age, He has not only defied societal expectations but has also carved a niche for himself in the competitive real estate industry. Zain, currently in the 8th grade, hails from a family where the pursuit of justice is a tradition, with his father being an Advocate in the Patna High Court. His journey as an entrepreneur commenced when he witnessed the anguish of an elderly woman who fell victim to a deceitful builder, losing a substantial sum. This incident fueled Zain's determination to address the prevalent issues in the real estate sector and prompted him to embark on a transformative journey.
In April 2022, Zain launched Estate Invest, a comprehensive real estate listing website offering 150 services, including legal support such as Tenant Verification, Rent Agreements, and Buy and Sale Agreements. Currently operational in five states, the platform manages over 8500 properties and has gained recognition as the fastest-growing real estate listing website in India.
He candidly shares valuable insights gleaned from his entrepreneurial journey, emphasizing the importance of avoiding the trap of waiting for the elusive "perfect time." He urges aspiring entrepreneurs to focus on creating sustainable products or services and to embrace the inevitable challenges as crucial learning opportunities.
The five pivotal lessons Zain imparts are staying positive, confronting and learning from failures, valuing consumer feedback, gaining in-depth industry knowledge, and meticulously planning each step.
He expresses gratitude for the unwavering support of his family, especially his father, whose guidance and assistance played a pivotal role in overcoming initial challenges. He encourages parents to foster entrepreneurial spirit in their children by allowing them to pursue their passions and engage in problem-solving endeavors.
His determination to bring about positive change in the real estate sector, coupled with the desire to empower buyers with information, propels his success. His impactful journey has not gone unnoticed, earning him recognition from political figures and widespread coverage in over 586 news websites.
As a 12-year-old, one can assume that it wasn’t an easy road for him. The major hurdle he faced was skepticism due to his age. Despite initial resistance, he persevered, securing collaboration with 450+ builders nationwide. Zain's steadfast determination underscores the principle that age should never be a barrier to success.
He has left an indelible mark on the real estate industry, redefining the way properties are bought and sold in India. By providing a comprehensive platform that offers 150 real estate services under one roof, including meticulous legal verifications and property inspections, He has injected a much-needed dose of transparency and accountability into a sector often plagued by opacity. Estate Invest's commitment to ensuring that buyers are well-informed and properties are thoroughly vetted has significantly reduced instances of fraud and malpractice. His platform has become a trusted resource for both buyers and sellers, creating a paradigm shift in the industry's dynamics. The exponential growth of Estate Invest within just a year attests to its transformative impact, with over 8500 properties managed and a network of 450+ builders and 720+ agents.
As an inspiration himself, he conveys to the youth of India to be one of self-belief, confidence, and fearlessness in pursuing uncharted paths. He urges them to contribute to the betterment of society and embrace the abundant opportunities India offers.
Despite his entrepreneurial commitments, Zain maintains a disciplined study schedule. While not a topper, his achievements in international competitions and leadership role in school highlight his commitment to both academics and entrepreneurship.
This Story is brought to you from the book: 100 Inspiring Entrepreneurs of India 2023.
Read the Free E-Book here: https://www.theentrepreneursofindia.in/book2023