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WATCH: David Chang Talks 'Guts' at MAD3

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WATCH: David Chang Talks 'Guts' at MAD3
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If there's someone who knows about guts it's David Chang. In this video from the third annual Mad Symposium, which took place in August, the acclaimed founder of the Momofuku restaurant empire talks candidly about having the courage to follow his own path.

Chang, who co-curated MAD3, welcomes the crowd and explains why Guts was this year's theme. The chef goes on to explain why sometimes it's best to take a leap and embrace the possibility of failure.

He confesses that his first restaurant Momofuku Noodle Bar, which opened in 2004, ''was a place that never should have existed.'' Nonetheless, Chang was relentless in sticking to his concept and prepared to be what be ridiculed for his ''stupid ideas.'' Now, his success speaks for itself.

Guts, he says, are "a measure of your moral currency." Check out his inspiring speech:

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