Former Wall Street trader now plunders fortune as private tutor!

Steven Menking, once a high-earning equities trader on Wall Street, has found renewed purpose and profitability in an entirely different career — private tutoring. After years spent navigating the high-stakes world of finance, the New Yorker walked away in 2014, seeking relief from the burnout caused by relentless work hours and constant pressure. Today, he earns up to $1,000 (approximately ₹86,800) per hour as a private tutor, mentoring students and professionals from the comfort of his home.

Also Read: YouTube tutorials, surplus bullets: Gory details of Siddiqui murder emerge

Menking now works 20 to 25 hours per week, offering academic and career support, a significant shift from the intense lifestyle he once led. His career transformation highlights not just a change in profession, but also a realignment with his long-standing passion for education.

He began his tutoring journey modestly, charging between $50 and $100 an hour. By partnering with local agencies in New York City and leveraging platforms like Wyzant, he gradually increased his rates while maintaining his independence. His strategy included focusing on channels that allowed pricing flexibility and long-term client relationships.

Menking’s journey underscores the importance of personal fulfilment over prestige. He encourages others to explore careers aligned with their interests rather than societal expectations, proving that stepping off the conventional path can lead to both satisfaction and success.