Yes, making a living doing something you love is a real possibility with teaching guitar. Probably the biggest benefit to teaching guitar is all the added freedom you will get from running your own business. You can now choose when you work, how you work and who you work with, but best of all there’s potential to make a lot more money than you would in a regular job.
In a normal job you may get a cost of living raise each year or if you’re lucky a promotion and an increased wage packet after a few years. But when you run you own guitar teaching business as your customer base increases so does the money coming into your business. And once you’ve covered your expenses all that money goes directly to you.
However building your business so you can quit your day job will not be easy. It will take a lot of time and effort to get enough customers and you won’t have the security of working for someone else. Studies have shown that self-employed people on average work more hours than employed people but they also show that self-employed people have much higher levels of job satisfaction. This comes from being your own boss and being in control of your own life.
So, you can make a good living from guitar but be prepared to put in the hard work to begin with to get your business up and running. If you are ready to the plunge and become a professional guitar teacher there is plenty more information on TeachGuitarNow.com to help you get started.