He's in good company. Failure is often the step leading to success. Many very successful people didn't hit a homerun on their first turn at bat. Sometimes you have to swing many many times until you can hit it out of the park. In this case, he built a company, it went bust and now he's deep in debt and has to deliver pizzas to make ends meet.
As long as he keeps his dreams alive and keeps trying, he should be okay. Tons of famous men like Washington, Lincoln, even KFC's "Colonel" Sanders failed often and failed hard before they got it right. Same with Andy Grove of Intel--he once said that in his life, he tried and failed with 99 companies... his hundredth was Intel.
If you're an entrepreneur going through tough times and knocked to your knees a few times, keep coming up and keep learning. Success is one step away if you let it.
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