How I Started from $0 and Created Billions

Business is about solving problems—and Edward Kholodenko has spent his life doing just that. From his early years facing discrimination in the Soviet Union to immigrating to Canada and navigating failed ventures, Edward’s journey is one of relentless resilience.

In this episode of Kosher Money, he shares how he built Questrade, one of Canada’s leading trading platforms, overseeing over $60 billion in assets. But his story isn’t just about wealth—it’s about adaptability, faith in God, and finding opportunities in crisis. How did a failed computer business in Ukraine shape his future success? What financial mistakes do most people make? How did he navigate market crashes, the 2008 financial crisis, and the rise of AI? What’s his best advice for new investors and entrepreneurs? Whether you’re an aspiring entrepreneur, a seasoned investor, or someone looking for smart financial insights, this episode is packed with wisdom, lessons, and real-world strategies to help you succeed. Watch now and learn how to build, grow, and take control of your financial future!

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TIME STAMPS:

00:00 Intro

01:24 Edward’s Early Life In The Soviet Union

03:02 Moving to Toronto 04:25 Did You Grow Up Religious?

06:00 Edward's (Growing) Beard

06:48 His First Business Venture in 1991

11:00 The Fall of the Soviet Union

14:35 10,000% Inflation

14:52 Getting Married & Back to Canada

15:54 The Russian Ruble Crisis

16:45 BitBean

17:43 The Donors' Fund

19:31 A Godly Pattern in Edward's Life

20:03 The Impact Of 9/11 On The Business

20:40 The Start of Questrade

26:04 The First Few Years of Questrade

32:28 Another Business Hurdle

34:10 The Effect of Success

37:09 Best Practices for Business Owners

38:37 The Value of Time

39:24 Starting a New Business

41:00 Twillory

42:16 Colel Chabad - Help Israel

43:41 How to Impact Culture in a Biz

45:55 "Can I Steal a Few Minutes?"

46:26 His Advice for Wealthier Families

49:16 Where Edward Sees Opportunities Now

51:51 Trading in the Markets

54:35 Hidden Fees, Crypto, Risks, Oh My!

57:45 Human Advisors vs. Computers & AI

59:12 How Edward Manages His Phone

1:00:27 What's Your Dream, Edward?

1:02:00 His Torah Learning 1:05:40 Contest, Winners & Outro

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