He Made £150K/Month… Then Lost It All & Went To Prison

Entrepreneur Tawhid Juneja went from earning £150K/month in healthcare recruitment to cocaine addiction, £2.4M bankruptcy, and 33 months in prison. Now he's rebuilt, owning businesses and football club AFC Welwyn. This is his full story.In this episode of In The Business podcast, Tawhid opens up about growing up with a single mum, building his first recruitment business, how the 2008 recession forced him to pivot into healthcare, the ego and addiction that came with making serious money, what it was really like inside a prison cell, and how he rebuilt his entire life with a £20K loan from his aunt and no mobile phone contract.Whether you're a young entrepreneur just starting out or someone going through a tough time, this one's for you.0:00 Intro1:13 Growing up with a single mum2:09 First business: rec-to-rec recruitment5:04 Healthcare recruitment, garage to Ed Miliband6:41 When the drugs started9:05 How addiction escalated with money10:02 Drug culture in sales environments13:30 "I didn't realise until I was in a prison cell"15:02 Taking cocaine into his own sentencing16:09 From the high life to prison18:33 £2.4 million bankruptcy and losing everything19:56 Mansion to sheltered accommodation to prison cell23:19 Making £150K/month at the peak23:35 Rebuilding from zero with a £20K loan25:42 Running a business from pub wifi on a brick wall26:18 Advice for young entrepreneurs starting from nothing27:42 What good market research actually looks like38:19 Using AI to scale a recruitment business40:57 Do degrees actually matter to employers?42:16 "Prison was the best thing that ever happened to me"45:45 What young people should take from this story48:47 The single best piece of business advice he's received49:49 What he'd say to his 25-year-old self🎙️ In The Business is a podcast for young entrepreneurs, hosted by Harrison Turner and Tom Mumford. We sit down with founders who've built real businesses, from their step one to the first million, and unpack the stories behind the success.If you enjoyed this episode, subscribe and leave a comment telling us your biggest takeaway.FOLLOW IN THE BUSINESS🔗 LinkedIn: https://www.linkedin.com/in/harrisonturnerofficial/📸 Instagram: https://www.instagram.com/inthebusinessofficial/🌐 Website: https://inthebusiness.club/FOLLOW TAWHID JUNEJA🔗 LinkedIn: https://www.linkedin.com/in/tawhidjuneja/⚽ AFC Welwyn: https://www.afcwelwyn.co.uk/