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Freelance instruct or go to school?

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Old 05-06-2012 | 07:55 PM
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Default Freelance instruct or go to school?

I have my own airplane and my instructor is telling me that he could provide me students once i aquire my cfi. However he only has 2 or 3 at the moment. I know that i could make more money by doing freelance and having less students. Or i could go to school and make 16hr out of the 50 that the school is taking. But i would have more students. Any thoughts?
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Old 05-07-2012 | 02:17 AM
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Depends on your career goals, how old you are, and howmuch of a hurry you're in.

If you hustle, you can probably find additional students on your own.

Also remember that you'll need twin time eventually...if you're going to a school, try to find one that has twins you make move up to. That's often seniority based, so you might have to work there for a couple years before you move up to MEI.
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Old 05-07-2012 | 02:17 AM
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Depends on your career goals, how old you are, and howmuch of a hurry you're in.

If you hustle, you can probably find additional students on your own.

Also remember that you'll need twin time eventually...if you're going to a school, try to find one that has twins you make move up to. That's often seniority based, so you might have to work there for a couple years before you move up to MEI.
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Old 05-07-2012 | 03:58 AM
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You'll need a chunk of cash upfront for the insurance on your plane. An old 172, for instance, will cost over 4000/year if you want hull insurance. Plus, the airport you are at may require a general liability policy costing $1,000 or more. Ask the airport manager for details. Then, you may need a business license and many states require state licensing for commercially operated aircraft. Want to do sightseeing flights too? Then you need a random drug testing program, and make sure your mechanics are on it too. The costs can add up, but it may still be worth giving it a go on your own.
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Old 05-08-2012 | 08:17 PM
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Lots of responsibility comes with hanging out your own shingle...
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