Our next guest built one of the greatest careers in baseball, but he started investing while he was still playing.

First in real estate, then in startups, now is co-chairman of Minnesota Timberwolves and Lynx.

Joining us now is Alex Rodriguez, CEO of Arod Corp. Hello.

Hello, thank you for having me.

Thanks for being here. I did see you on the main stage earlier with bullish CEO Tom Farley.

If you're going to give us the one hot takeaway from your session up there, what was it?

Well, he was trying to make me blush that I was his favorite player and all of that.

Then we share five girls. He has three, I have two.

And he was really thoughtful. I mean, I thought we could have gone on for another hour.

He was really interesting to talk to.

Alex, you were performing at the highest level of athletics.

You've been investing, you're involved with the Timberwolves, and try to bring them to where they can be. I'm interested in just how you manage failure.

When you have a bad day, whether it's in the market or on the field, psychologically, what gets you to the next day?

Well, I think, Sam, this is where we have an incredible competitive advantage.

Being a baseball player is like the perfect kind of undergrad degree that you need to be

fierce in business because if you think about baseball, if you fail 70% of the time, you go to the Hall of Fame, right?

So as a young entrepreneur, you're going to be said no a lot, usually nine out of ten times. And what I tell young people is you just can't give up. You've got to stay cool and keep on going and never, never give up and keep trying and keep learning and keep reinventing. I just want to follow up on Sam's question there. There are these events all over the world. They're called, excuse the language, fuck up nights, where people get up on stage and they talk about their biggest failure and what they learned from that and how they became successful and whatever their career is. When I say that, can you tell us about a time where you had something that you considered at the time a big failure and what you learned from that,

what kind of successes came out of that?

Well, they compare me to Michael Jackson.

I have like the greatest hits of greatest failures.

A lot of them very public.

One of them was 2014.

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