Basic Skills Coach?

One of my co-workers asked me why I don't try to make a living ice skating.  Obviously, she has me confused with the skaters she sees on TV. 

But, it's a good question.  One of my skating friends came to the rink today with new skates.  He taught basic skills classes in the fall.  Is this a coincidence? 

A better question is:  could I do that to help me save for the new pair of skates I need? 

My excuses are myriad. 

Excuse:  I don't have enough experience skating.
Reality:  You don't need a triple Axel to teach snowplow stops

Excuse:  My schedule changes too much. 
Reality:  It's relatively simple to update my availability at work

Excuse:  It would interfere with judging
Reality:  There aren't that many test sessions in Houston for it to be a problem

Excuse:  I don't know how to teach skating
Reality:  I don't know how to make skating fun new skaters. 

My husband tried to explain to me a few weeks ago that not everyone wants to go to the Olympics.  Heresy!  I know it's unlikely I'll go to the Olympics, but it could happen.  If the opportunity arises, I want to be ready.  (You can stop laughing now. )  This makes it very difficult for me to put myself in the mindset of a recreational skater. 

So, what does it take to be a basic skills coach?  What kind of experience do you need?  What sort of training do you get before you get your own class?