Teaching piano is a good secondary source of extra income if you do it part-time. If you teach full-time, you may even earn enough to live on your income as a piano teacher. You can have a gratifying career giving piano lessons whether you do it part-time or full-time. Imagine the satisfaction of attending a special musical skill to other people. Learning a musical instrument is such a treat for some people.
Even if teaching piano can sounds like an excellent career for a pianist, it will not always be easy to be a professional instructor. There are some challenges to giving piano lessons to some students who do not learn quickly or from kids who were forced by parents to take piano lessons. Better to be aware of some pros and cons to giving piano lessons before getting into it.
It may become a satisfying career to teach piano after you see some students become professional piano players or start to teach piano too. Many kids and adults would like to learn how to play the piano and you can be instrumental in making their dreams come true. I can not think of anything more gratifying than to be able to do that.
Teaching piano from home as a full-time career or a part-time job can be more financially beneficial than teaching from a university of someone else's music school. Having your own piano teaching business allows you to have full control of all the student's tuition fees. At a school you can only get half of what students pay because the other half goes to the owner of the school as profit and payment for overhead expenses.
Another advantage to teaching piano from your home studio is you get to be your own boss. You can set your own time and schedule, or teach the way you want to. If you teach from a school you will have limited control over your teaching materials, time and schedule. You will be like an employee who has to follow the school's rules.
There are a few cons to giving piano lessons from a home studio like privacy issues. Usually, teaching piano whenever at home or at a school that will not guarantee that all students will be easy to teach. You may have slow learners who are unmotivated to practice. This is when a true teacher is tested. Patience is one of the most important virtues a teacher can have. Without it, you may struggle giving piano lessons to some students.
Teaching from home could mean that your income may vary from time to time. Some students may quit, move to another town or switch to another piano teacher. Although you can earn more per lesson by teaching at home, you are not guaranteed a stable fixed income each month or year.
Your lack of teaching credentials may prevent you from raising your fees. Try to take a pedagogy course to increase your value as a piano teacher. Display your credentials and certificates in your home studio to show students that you are a professional teacher and not just teaching as a hobby. Ask other professional piano teachers about how to earn more teaching piano from home.