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VC Chris Lynch on why failure is important in entrepreneurship [Boston Business Journal]

Boston-area venture capitalist Chris Lynch knows a thing or two about how to run a successful business.

Instead, what he wanted to share with the crowd of startup founders was the idea that failure is not only inevitable, but important, when it comes to entrepreneurship.

Here are five takeaways for startup founders from Lynch, now a venture capitalist at Cambridge-based venture firm FKA Atlas, the tech-investment arm of Atlas Venture.

  1. There's a right way to deal with failure.
  2. Be honest, always.
  3. Be choosy when it comes to accepting investment.
  4. Pick the right investors.
  5. Raising money shouldn't be the end goal.

Curated from VC Chris Lynch on why failure is important in entrepreneurship [Boston Business Journal]

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Gresham Harkless Jr.

Gresham Harkless is a Media Consultant for Blue 16 Media and the Blogger-in-Chief for CEO Blog Nation. CEO Blog Nation is a community of blogs for entrepreneurs and business owners. Started in much the same way as most small businesses, CEO Blog Nation captures the essence of entrepreneurship by allowing entrepreneurs and business owners to have a voice. CEO Blog Nation provides news, information, events and even startup business tips for entrepreneurs, startups and business owners to succeed.

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