Most startups fail in the first 3 years. This fact is well known; however, what is less well known are the reasons why businesses fail.

In this episode of Whiteboard Thursday, Nick Campion delves into the subject of failed startups. He investigates business failure and uncovers 12 reasons why most fail in the first 3 years.

Nick also provides excellent advice on how to avoid your startup failing, by not making the same common mistakes as others before you.