Given the alluring depictions of finance life we see in movies like The Wolf of Wall Street, and the fact that these jobs are extremely well-paid, you might think that being a broker on Wall Street means living the good life. But very soon into their careers, many brokers struggle with depression and health problems, expressing a desire to quit, or simply complain about how working in finance ruins the pleasures of normal life. As you can see, employment in this sector is like a revolving door, where people come in and leave very quickly. For Emil Botvinnik, this was not the case.
Botvinnik enjoyed the rigor and fast paced environment that is Wall Street. For him, a challenge is seen as a puzzle where you need to be creative and open-minded to solve the problem. He transferred this attitude in his Wall Street career where he worked for numerous brokerage firms, and quickly rose up the ranks to become a top producer at each firm. To put into perspective, Emil traded over 1.5 Billion USD in equities a month, which is a hefty amount to bring in. His success allowed Emil to branch off and start his own ventures, where he ran offices with over 170 brokers. Emil oversees a large volume of transactions, and is not intimidated by the strenuous atmosphere he signed up for. To him, he sees first-hand how his hard work paid off and allowed him to become a millionaire at the age of 23, an age when most people are just graduating college.
Emil explains that a lot of people ask him how he handled the enormous pressure when dealing with such large amounts of money, he always tells them the same thing: “Pressure only fuels my competitive fire.” Emil’s savvy skillset and tenacity to thrive under pressure is what separates him from the rest of the pack.
As Emil progressed his career, he decided private equity was the next best place for him to thrive. Now, he is a partner where he holds stakes in various holdings throughout the world. Emil has moved up the ladder quickly in the finance space, but this is only the beginning for his journey.