Jon Taffer Explains the Valuable Lesson He Learned from Losing $600,000

imageJon Taffer has spent four seasons of “Bar Rescue” turning around failing bars across the US.

The show is filled with plenty of yelling, fighting, and weirdos that make for great television, but the principles Taffer teaches are all based on lessons he’s learned over his nearly 40 years in the bar and nightlife business.

Taffer tells Business Insider that even though he was one of the first inductees into the Nightclub Hall of Fame and has worked with more than 800 businesses in his career, he’s never had formal management training. Instead, he’s learned through trial-and-error, and there have been plenty of errors.

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