Miles Copeland, a music industry mogul and founder of I.R.S. Records, shares his remarkable journey in shaping the 1980s music scene with iconic bands like The Police and R.E.M. He talks about his early struggles, nearly going bankrupt, and his resurrection through the punk movement. Copeland recounts pivotal moments that led to signing major acts, highlighting the blend of timing, instinct, and personal connections crucial in the competitive industry. He also reflects on his legacy and the evolution of music management, emphasizing resilience and adaptability.