It's My Life by Bon Jovi

This song is about going out and taking risks. Saying that it is "now or never" means that this is the time or you will never do it. You need to go out and experience life. When he says, "Like Frankie says I did it my way," he is talking about Frank Sinatra. When he says, "for Tom and Gina who never backed down," he is talking about his parents. This song is a good song, and for all of you that has never heard it I encourage you to.