The Best Way To Make Money In Music & Quit Your Day Job
by Tom Hess
Ever wondered if it’s really possible to make a living in music without working at a full-time day job? Good news, not only is it possible – it’s achievable in as little as a few months. Here’s how to do it: start teaching music.
Teaching music is the best way to transition out of working at a day job while surrounding yourself with music all day. Plus, teaching is a very easy way to make tons of money and create freedom of time so you are able to pursue any musical project you want.
Here are just 3 reasons why teaching music is the best way to quit your day job for good:
Reason #1: You Have More Flexibility And Energy
Teaching music gives you the flexibility to work as many or as little hours as you want each week. You no longer have to work 40 hours per week and come home each day feeling drained and demotivated.
Fact: it is more than possible to make a very good living teaching music while working part time hours... some successful music teachers earn $100,000 (or more) per year. Earning 6-figures per year is not as hard as you might think.
Example: if you have 40 students, paying you $50 per lesson, this equals $2,000 per week or $104,000 per year. This assumes that you only teach 1-1 lessons. If you teach group lessons, your income can be a whole lot higher.
The beauty of teaching is that you can work a lot less than 40 hours per week and still earn a great income. This gives you more freedom to pursue your music career!
Reason #2. You Earn Money From It Right Away
Most musicians only try making money through conventional means, such as: creating some product or releasing a record that requires you to invest a lot of time upfront before you earn a single dollar.
Teaching music earns you money right away (and you can still make money in other ways as well). It’s not uncommon for music teachers to make enough money within their first month to quit their jobs and make teaching music their full-time form of income. This especially applies to those who have the guidance of a music teacher trainer.
Reason #3. It Doesn’t Require Any Equipment, Overhead Or Big Expenses
Teaching music requires little to no start-up costs. All you need is your guitar, a location to teach (your home) and basic supplies such as paper, chairs, etc. This makes it very easy and risk-free to start teaching a few students on the side while working at your current job. Next, all you need to do is save your money until you have enough to leave your day job. Then you have the power to invest all your time and energy into your music career.
Want to learn the other important things you need to know to become a successful professional musician? Read this music career article to learn how to break into the music industry and succeed.
Break into the music industry and build a successful career as a professional musician.