Your airworthiness will vary with the pros and cons listed within.
For being an independent career instructor:
Pros: May, June, July, August, September
Cons: October, November, December, January, February, March, April, any month with lots of bad weather, any month with lots of maintenance, any month with not enough students, any month with FAA headaches (you have to tell 'em to pound sand, not the company, the CCP, or the union).
For tenure positions:
Pros: Stable income for 9 months of the year. Free or reduced-cost education so you can get that masters and/or doctorate.
Cons: The other backbiters that are trying to get tenure. The politics over nothing. The budget wars. Independent contractor status. Persona non-grata status with the other professors. Trying to use benefits if you ever need them.
For foreign flight schools, one I'm familiar with is in Bakersfield:
Cons: It's in Bakersfield
Pros: The people, the airplanes, the simulators, the training course, the students, the steady pay, the fringe benefits, . . . did I already mention the airplanes?
Another is in Napa.... Same thing as above, except the con: it's in Napa.
Back to being independent:
I roll out of bed when I want to, having arranged my schedule to roll out when I feel like it. Today was late, but then, last night and tonight are late nights ending around 10PM or later.
My flight instruction is usually conducted on cross countries in 300+ hp turbocharged airplanes with every pilot toy known to man installed. The interiors are new along with the paint. They are in mechanically pristine condition receiving about 3 hours of maintenance for every hour aloft (including pre and post flight). Once we're done with instruction, the client will fly the tailfeathers off of their airplane thus reducing the maintenance ratio and taking their engine to TBO.
I really only have to work 6 days in the month to make my expenses, or 36 hours.
I'm directly responsible for if I make the 36 hours in a month or not.
Conversely, there is no one to blame if things go wrong.
But, as there's no one else to complain about, one doesn't waste time complaining and you can get to work solving the problem.
After funding your savings account for the lean months, you then get to fund your ROTH IRA. After that is maxed out, you can set up other retirement programs for your own business. Then you can get into investing. The key concept is multiple streams of income. You can only provide so many hours of physical labor each day.And keep in mind in the hardest times, where you're wondering how to make the next payment for whatever, unlike millions of people, I get paid to do what I love.
You do have to learn how to set priorities. For example, one could spend all day on the message boards, becoming a recluse. Or you can spend that time warming up your brain, brainstorming ideas of new ways to make an income stream, keeping in touch with the industry, and getting your day's, week's, and month's priorities planned out.
Then the second cup of coffee kicks in and it is time to get to work.
Fly SAFE!
Jedi Nein