This song is about music artists succeeding on their own and making the music that they want. To “slip” means to fail in the music industry.
“Standing on my own two” refers to the artists being independent, not so much regarding labels, but more about making the music that they want to make, their way. Chance is renowned for wanting to stay independent with his music, without feeling the burden of the label forcing a way of music that is not his own.
The song has features from Busta Rhymes and B.O.B.
