01 May 2007

News from Nelson – May 2007



Hi all,
I hope all of you are feeling fighting fit :-)

Life is still busy-busy here. I have just taken on some management lecturing at NMIT due to a tutor going off to have bypass surgery - Keith Coman, for those of you who know him. His surgery (last Friday) went well, but he is out of action for 6 weeks to two months. At this stage I have only committed myself for filling in for this coming term, though the head of the Business School has left the door wide open if I want to continue doing a bit of lecturing. Lessens their risk, having a bit of extra tutor cover.

My first couple of lectures this week went well - just a tutorial on Friday now and LOTS of reading to refamiliarise myself with the subject and get up to speed. The class has six nationalities (Kiwis, Taiwanese, Chinese, Malaysians, German and Swiss), which makes for an interesting mix.

Jan is slowly recovering from his surgery. However, he is not doing too badly - after all, he was off fishing in the sounds over the weekend (and came home with some Snapper and Kahawai). Max & Karen are coming around on the weekend to smoke the Kahawai and have dinner afterwards, so that should be great.

We are also catching up with Jenny this Friday night as she is up in Nelson doing some more mistletoe work. We are going to pop out to her folk's place with some dessert - and to find out how Donald Junior is as he has just, like Jan, had his tonsils out.

I haven't heard how Adam Saleem went in the London Marathon - hopefully he will drop me a line & let me know.

On Saturday I was given a presentation by a distributor from NSE, or Nu Skin Enterprises, trying to sell me "PhotoMax". Having done some internet digging, this is a many tentacled company, including Big Planet, DVD Movie Magic, MaxCast, Pharmanex, NUS and Global Internetworks (all associated Multi-Level Marketing companies).

It was a fairly slick presentation, and it smelled like Amway (you can take by that comment that I may have been presented to, but I am not sold).

Buying into NSE's PhotoMax required a US$3k start up investment, which was glossed over very quickly, as was the US$100/month purchasing required to stay in the scheme. That's $4,200 in the first year, roughly NZ$110 a week, which would buy me enough weekly labour to do the cleaning, the washing, walk the dogs a couple of times and have some town trips run for me. So a not-inconsiderable investment.

I had a look at NSE's stock market figures and found their listed financials. They turned over $1.1b in 2006 for 100,000 'distributors', thus the average distributor generates revenue of $11,000 pa. However, profit is only $32.8m, which translates to $328.00 per distributor.

Not forgetting that this scheme costs you US$4,200 to belong in the first year, Mr or Ms Average Distributor then makes a loss of US$3,872 (NZ$5,200)... hmmm. Hardly the stuff that dreams are made of.

Additionally, I was not sold by NSE's product, after having a trawl around the internet at other similar products - all purchasable online without any up-front fees. All I can say if any of you have this deal thrust at you, be very, very careful. It looks very slick, but I think there are lots of buried fish hooks in it.

As mentioned last time, our next trip will be in May to Hanmer for a luxury weekend, then a more budget Hanmer weekend in July with some of the Hutties. June 15-17 we should be in Chch for the for UWH Secondary School Regional Champs (we are waiting on the kids voting whether want to go or not).

Of course we now have a clash for the regionals -Jan's exam is on the afternoon of the day that we are supposed to be leaving for Chch. We have to try & see if he can sit his exam early. Next it will be that I am invigilating an exam on the same afternoon!

Next Jan will have to start planning what course to do next.

And we hear that Andreas and Katrin may be heading over to our side of the world this Christmas, which will be great. Our fingers are crossed for a confirmed booking!

Look after yourselves, everyone. Alles liebe :-)


Sam & Jan

No comments: