Eugene David ...The One-Minute Pundit |
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Wednesday, February 11, 2009
“Some of these people refuse to organize themselves. They have personal assistants to ensure that their errands are done. They have agents that book their work, managers who guide their careers, attorneys who look after them. They’re used to having lots of handlers, a team of people to whom they delegate everything. So it’s a natural fit for a business manager to come in and say, ‘I’ll take care of your financial life.’ ”
By one estimate, Los Angeles is home to more than 50 business-management firms and countless one-person shops. The ease with which one can enter this quasi-profession means a lot of practitioners don’t know what they’re doing. (One of the more established business managers guesses that 90 percent of his competitors are subpar.) And that's why our show-biz lords deserved to lose money to BERNIE.
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