By all means, teach. You won't regret it. If you can find a place to work where you will do more than that, great. In the meantime, network with the local pilots to try and get exposure to their high-performance planes, as well as just to have a network of people. Do the same with mechanics.
Give every student 6 business cards, and ask them to hand them out to prospects. If you market yourself correctly, you could be turning away business.