I’ve been in the entertainment management game for 20 years. I’ve gotten paid well and traveled the world over. The only down side is, cause its a service industry, I’ve never been able to get that exit strategy big payday like many other businesses and brands. I’ve luckily invested in the right stocks, so I’m not strapped for cash. The problem is, investing in artists for years has taken a toll on quality time with my wife and kids, but I find myself still hungry at 50 yrs old. Is it to late to invest in another business to finally get the big payday?
It sounds like you’ve made the right moves! You have successfully invested in the right businesses, artists, and stocks. I’m sure this wasn’t easy, but it paid off. If you are not strapped for cash, I do agree that you should invest in a new business! And the new business should be “your family.” You can still look at a new venture as well. I’m sure you didn’t invest in only 1 artist and your portfolio probably has many stocks also. Treat your life the same. Nobody has ever been on their deathbed and said “I should’ve spent more time in the office.” TRUE POWER is to “BALANCE YOUR LIFE.” If you’ve managed artists, then I’m sure you will have no problem managing your family to be superstars in whatever path in life they choose. And you never know, maybe they can give you some ideas on the new business. It might end up being a family business!!