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Article: THE BEAUTY OF SUCCESS; MAN FORSAKES RETIREMENT TO GET BACK IN BUSINESS.(BUSINESS)
- Article from:
- Daily News (Los Angeles, CA)
- Article date:
- July 5, 1999
CopyrightCOPYRIGHT 1999 Daily News. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Enrique Rivero Staff Writer
While still in his 40s, Paul Diamond found himself in quite an enviable position. He was able to sell his share of a successful beauty products-related business and retire to a mountaintop in Boulder, Colo.
But there was only one problem: retirement drove him batty.
So in 1997 he did what any self-respecting, bored entrepreneur would do: He climbed down the mountain, bought a $12 million-a-year beauty supply distributor in Chatsworth, and in two years nearly tripled its sales.
Diamond, who turned 51 on Thursday, is president and chief executive officer of Mercury Beauty Co. Inc., a rapidly growing ...