Example:
I started playing about two months ago. I play about 2 hours a night every night... more on the weekends. I had my guitar for a month before I had my first lesson and the fundamental things that I was doing wrong would have hindered me the rest of my guitar playing life (playing the G chord with the wrong fingers, holding the pick wrong, holding the guitar wrong, resting my arm on my leg, etc). Sure I would have been able to strum out around the campfire but I would have only needed the first three frets.
Sorry for the long post, but hopefully it'll help.