Why Most Businesses Fail And What We Learned the Hard Way | EP 63

Everyone sees the highlights of business. The money, the lifestyle, the wins. Very few people talk about the stress, the debt, the pressure, and the moments where everything nearly falls apart.

In this episode of The Unplug Podcast, Freeman and JP get brutally honest about their lowest moments in business. From failed ventures and financial pressure to depression, bad decisions, and lessons learned the hard way.

We break down why trying to reinvent the wheel often leads to failure, why entering proven industries is smarter than chasing originality, how poor financial decisions and lifestyle creep destroy businesses, and why investing in education, systems, and people matters more than most entrepreneurs realise.

This episode is for business owners, side hustlers, and anyone thinking about starting a business who wants the real picture. No hype. Just lessons you can actually apply before you make the same mistakes.

If this episode helped, make sure you subscribe and share it with someone who needs to hear it.

New episodes weekly at 7 PM UK.

0:00 The reality behind business struggles
1:05 Hitting 600 subscribers and the road to 1,000
2:45 The first business failure and early debt
6:30 Losing a lifestyle and falling into depression
9:10 Amazon FBA mistakes and financial pressure
13:40 Finding creative ways to recover losses
16:50 Why most people give up instead of pivoting
19:20 Poor financial decisions and lifestyle creep
22:30 Hiring mistakes and building the wrong teams
25:10 Why investing in education changes everything
28:40 Stop reinventing the wheel in business
32:00 Building a business that does not depend on you
35:30 Final lessons every entrepreneur needs to hear

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JP
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