In this episode of Solopreneur Life, we spoke with Tess Waresmith, founder of Wealth with Tess, about how she built a profitable financial education business rooted in helping others avoid the mistakes she made early in her investing journey.

Tess shares how she turned free content into a paid offer by launching a simple 4-week course to her network, then scaled it into a core revenue stream using webinars and community-based learning. After about three years, her course business was generating $15K–$20K per month in revenue with approximately 60% profit margins, resulting in roughly $10K–$12K per month in profit. She also explains how adding corporate speaking, partnerships, and selective client work expanded her income further.

We discuss the realities of building a course-based business today, including increased competition, lower trust in the market, and why success often takes longer than expected. Tess also shares why she kept her corporate job while building her business, how wealth gave her the freedom to operate with integrity, and why starting as a side hustle can be a smarter path.

If you’re building a knowledge-based business or thinking about launching a course, this episode offers a transparent look at what it really takes to succeed.

Resources

Own Your Time: https://marriagekidsandmoney.com/book 

Credits