Satyam Mehta, a 16-year-old teen is already out there in the corporate world trying to make a change and has already started working for the betterment of society. Unbelievable right? Well, it’s true. It’s a great feeling to know that the children who are the future of society are taking up their responsibilities at such a young age and are also shouldering them efficiently.
Little moments and stories of such journeys are an inspiration for the rest of the youth. Not just that, they also make us feel like our country is moving a step closer to being a little more developed with every success story we come across. So let’s not keep you wondering how this teenage boy has become an entrepreneur and a change maker at such a young age and unveil the story of his inspiring journey.
Satyam Mehta – The change Maker
Hailing from New Delhi, Satyam Mehta wishes to bring about a change in society and his elder brother has been his inspiration. He is a student of Grade 11 at Amity International School, Noida. He has exceptional leadership skills and is enthusiastic to learn new things. He is also a compassionate self-starter who has brilliant innovation skills.
He has a dream to get rid of all the problems in our country, especially in rural India, and we can say that he’s already on the right track. He already has two businesses in his name, JunkGuard and Rural Invest. He is also an active member of the third initiative named Pravahkriti.
The Background Story
This teenage entrepreneur is full of confidence when it comes to doing something new. Seeing his elder brother step into business a few years back, he realized that he wanted to do something on the same line. That he can be his boss and also have a positive impact on people’s lives excited him and makes him do what he wanted to. And he is now living the life of a successful entrepreneur.
Rural Invest – One of his ventures
Rural Invest is his very recent venture, launched in March 2020 during the pandemic to address the issue of lack of financial literacy and planning. It focuses on creating a nationwide impact on young investors by creating financial literacy. Lack of financial knowledge is a pertinent issue on the rural sides and it is also seen that most of them don’t even have bank accounts. This leads to them depending on informal money-lending sources often resulting in falling into a debt trap.
Through research, they also found out that there is a lack of financial literacy among the youth too so they set up an initiative under this called High School Investors to increase financial literacy and help them with useful tools and practices for financing their education.
Initially, they started with educating the maids and drivers in their neighborhoods and also facilitated their investments into Mutual Funds. They were surprised to find out that by saving small amounts like Rs.500-700 per month through systematic investment plans [SIPs] they’ll be able to ensure financial stability for their families.
The Entrepreneur’s Success Story
Through the easy-to-use app of Rural Invest, they are now ready to create a nationwide impact that processes E-KYCs in just 5 minutes and also allows people to invest in micro SIPs. They aim to provide financial security to the rural people of India, helping them access liquidity in times of need.
Back in 2018, he had also launched his first venture named JunkGuards that aims to connect all the stakeholders in the e-waste ecosystem. Since that year he has also been an active member of Pravahkriti, an initiative by the students of his school to promote better menstrual health and hygiene management among females of all ages and sections of the society. He said that the pandemic was a boon for him as it helped him to juggle between his studies and ventures efficiently. He dreams to be an aeronautical engineer, but he’s not sure about it as he has his startups to focus on too.
To know more about JunkGuards, please check – Website