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This is Motley Fool Answers. I'm Alison Southwick and I am joined by 500 of my closest fool

friends and no Robert Brokamp to be found. This week, we're sneaking you into the back

door of our annual festival of investing Foolishly. Full Fest. We'll get a lesson in failure

and tenacity from the founder and CEO of Texas

Roadhouse and find out why Bernie Madoff believes his Ponzi scheme didn't fail. All that and more

on this week's episode of Motleyful Answers. While many restaurant chains are currently having a

hard time staying afloat, Texas Roadhouse, the steakhouse with line dancing servers and buckets of

peanuts, has expanded to over 400 restaurants around the globe. If you've ever been to this steakhouse, the Steakhouse with Line Dancing Servers and buckets of peanuts, has expanded to over 400

restaurants around the globe. If you've ever been to this steakhouse, you'd correctly assume

that the founder of the company enjoys a good time. But Kent Taylor is also no stranger to failure.

He sat down with Bill Mann to talk about how he embrace his failure and it has led to the company's

success.

When you first opened Texas Roadhouse, it wasn't as if you just threw open the doors and were, you know, and success just rained in. I mean, you, it was a struggle.

Well, yeah, I mean, well, I guess for starters, I tried to raise money for seven or eight years, got turned down.

And so I would make a game of how many times I could get turned down in a month.

But it was easy for me because back when I was in college, I'd go to bars and try to get girls to dance with me, and they'd turn me down.

So I was used to reject you.

So you were practiced.

...