A-Rod: 'If You Fail 70% of the Time, You Go to the Hall of Fame'
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Alex Rodriguez, former MLB superstar and current co-chairman of the Minnesota Timberwolves and Lynx, shares his philosophy on failure, resilience, and reinvention in a candid conversation with the CoinDesk Podcast Network. Drawing from his legendary baseball career—where failing 70% of the time still earns Hall of Fame status—A-Rod emphasizes that persistence, self-awareness, and learning from public failures are essential to long-term success. He reflects on his 2014 suspension for performance-enhancing drugs as a turning point that led to deep personal transformation through therapy, ultimately making him a better father, businessperson, and leader. Rodriguez also discusses the challenges athletes face when transitioning into business, stressing the need for humility, process-driven thinking, and mentorship. He advocates for young entrepreneurs to start at the ground floor, learn from giants like Warren Buffett and Magic Johnson, and earn their seat at the table rather than relying on ego. In the final segment, he expresses excitement about blockchain and crypto, seeing potential in democratizing ownership through fractionalized assets—like owning a piece of a sports team or a historic jersey—making high-value assets accessible to everyday people.
Failure is not the opposite of success—it's a required part of it. In baseball, failing 70% of the time earns you a Hall of Fame spot.
Personal transformation often comes from public failure; Rodriguez’s suspension led to 12 years of therapy and profound growth.
Athletes transitioning to business must embrace humility—starting in the basement, not the penthouse.
Mentorship is a powerful shortcut: get a seat in the back of the bus with proven leaders to learn before going solo.
Blockchain and crypto can democratize ownership—allowing everyday people to own fractions of high-value assets like sports teams or memorabilia.
…and 2 more takeaways available in PodZeus
From Baseball Legend to Business Visionary
Alex Rodriguez introduces himself as a former MLB superstar and current co-chairman of the Minnesota Timberwolves and Lynx, setting the stage for a discussion on leadership, failure, and reinvention.
The Power of Failure: 70% Failure Rate = Hall of Fame
“If you fail 70% of the time, you go to the Hall of Fame.”
Turning Public Failure into Personal Growth
“It may have cost me the Hall of Fame, but I think I'm a better father today, a better business person, a better friend.”
The Athlete’s Business Reality Check
A-Rod explains why athletes often struggle in business: they expect to walk into the penthouse after a lifetime of athletic success, but business requires starting at the basement.
Democratizing Ownership Through Blockchain
“You can own part of the New York Yankees for a couple hundred dollars.”
“If you fail 70% of the time, you go to the Hall of Fame.”
“It may have cost me the Hall of Fame, but I think I'm a better father today, a better business person, a better friend.”
“You can own part of the New York Yankees for a couple hundred dollars.”
Hosts
Guest
Alex Rodriguez
person
Major League Baseball
organization
Hall of Fame
organization
Minnesota Timberwolves
organization
blockchain
other
digital ownership
other
Lynx
organization
Warren Buffett
person
Barry Sternlicht
person
Bitcoin
other
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