If you're an entertainer, looks and talent will get you places. But George Clooney didn't get super famous on his own. He had a smart business manager, who helped him make the right choices to become one of the biggest movie stars in the world. Now, we can't all be George Clooney, unfortunately—but any of us could be a top-notch business manager. You need a combination of strong business and people skills, because you'll be negotiating salaries, writing contracts, creating career-path strategies for your client, and networking with people who could get your client work. Actors, singers, pro athletes, entrepreneurs, and anyone who makes money entertaining the masses needs a business manager. And that just might be you.
The Details
Famous people are some of the most charitable people in the world, donating lots of money to good causes—and their business managers are the ones who manage their donations, helping them make smart choices about how to best use their wealth to help other people.
Personal business managers are paid by their clients one of three ways—by a retainer, on commission, or through a flat fee.