This first hunt is important to Billy simply because it represents the fact that he has achieved his dreams—he has his dogs, he’s trained them to hunt, and he’s out in the wild alone. When Billy believes his dogs have failed, he’s not hurt or upset by it—but at the same time, his willingness to accept failure in this passage is not indicative of the devotion and hard work his dogs have shown him. Dan and Ann know that both they and Billy deserve more.