I'm just happy I realized what a dead end DM really is before getting talked into dropping $3000.00 for instructor and never seeing any return on my money unless I want to work 80 hours a week.
I would never have done it if I knew there was no pay, even though it was about minimum wage.
Its nothing more than a glorified pyramid scheme with liability insurance.
Hi MEmersonC,
You should form a Divemaster LLC and then claim the losses on your tax filings. No, really, on paper you will lose so much money you will pay no taxes on the income you earn from your real job!
Your liability insurance costs will come off your gross as an overhead expense. It will be free!
Brilliant!
You see, it really is a worthwhile endeavor and as an LLC, you won't mind performing DM work and providing indemnification for your clients. All for a fee that does not cover your expenses, let alone a return on your expertise and time.
Now I know why so many rubes take the bait.
I am sure the Wharton School of Business has profiled this model.
And then when you get sued, you will enjoy interacting with the lawyers, the interrogatories, the depositions, the trial. All on their time table and not yours.
You have an out-of-town wedding for a family member, or a big business deal? No, no, that summons to appear in court takes precedent; lest you be placed in contempt of the court.
Every time a "Pro" gave me the elevator speech for DM, or instructor, I ran out of that shop! Not for me.
I vote for the OP to remain inactive or go inactive. Pay the insurance until the statute of limitations runs out if you are active.
cheers,
m