LOS ANGELES — Every four years around this time, the same question comes up: are you better off today than you were four years ago?
Well, let me be frank. The last four years have been difficult. I was 51, now I’m 55. I don’t know anyone who doesn’t like 51 better. Then, I had black hair; now, I’m losing the black and losing the hair.
And it was exactly four years ago this month that I decided to leave my lucrative career as a personal manager for actors, writers, comedians and directors to join my wife in manufacturing and distributing reusable drycleaning garment bags.
Things went pretty much haywire right from the start: we made our first sale about the exact same time as the banking, housing and financial bubbles burst. The loans we were counting on to grow our business were now unattainable: banks simply stopped lending.