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131 - Matt Kelly - £11 Million From A Kitchen With Neon Beach, Launching SpaceGoods

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Mar 12, 2023

02:17:46

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ANECDOTE

Public Backlash and Despair

Neon Beach's collapse led to a million pounds in chargebacks, death threats, and online accusations of fraud.
Matt Kelly reached a point of being suicidal due to the intense pressure.

insights

INSIGHT

Lessons Learned

Matt Kelly learned valuable lessons from Neon Beach's failure, including the importance of having experienced advisors.
He now emphasizes sustainable growth over rapid scaling.

question_answer

ANECDOTE

Restructuring and New Beginnings

After Neon Beach's collapse, Matt Kelly faced administration and legal challenges, losing 80% of his company.
Waveflyer, a creditor, and a new investor helped restructure the business, giving Matt a 20% stake and a salary.

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In this podcast, I sit down with Matt Kelly who at 22 years old was turning over £11 million pounds of revenue from his kitchen with Neon Beach before a series of errors lead to the brand crashing and Matt losing the brand.

This is the deepest Matt has ever spoken about the trauma losing Neon Beach caused him and how he’s rising like a Phoenix with his new brand Space Goods.

Matt has been on one hell of a journey and I hope you guys get to see the real man behind all the ups and downs. Matt is an epic entrepreneur and brand creator.

What I want you all to get from this is that you have to celebrate every win along the way and accept the lessons are there to serve a bigger purpose.

Nothing is here to disempower you.

I hope you get a lot of valuable insights from this podcast🔥

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