Start It or Scrap It

PODCAST · business

Start It or Scrap It

Start It or Scrap It is the ultimate brainstorming session you didn’t know you needed! Join Mike Terkanian, a seasoned business attorney with a knack for spotting potential pitfalls, and Mr. Gummi, a dynamic marketing expert with a flair for turning dreams into reality, as they dive into the wild world of Reddit. Each week, they uncover unique ideas, dissect ambitious plans, and give honest, actionable advice. Whether you're looking to fine-tune your business pitch, pivot a passion project, or find the courage to scrap what’s not working, this duo has you covered.Laugh, learn, and get inspired—because every great idea deserves a moment in the spotlight (or a reality check).Ready to Start It or Scrap It? Tune in now!

  1. 70

    The Business Ideas People Are Still Missing

    Send us Fan MailSome of the best business opportunities don’t look obvious at first.In this episode of Start It or Scrap It, we break down ideas, assumptions, and patterns that most people either overlook or misunderstand.We get into:- Where people are thinking about business the wrong way- Opportunities hiding in plain sight- The gap between ideas and execution- Real-world insights from actually buildingIf you’re a founder (or thinking about becoming one) this will challenge how you see opportunity.Follow Start It or Scrap It:Instagram → https://instagram.com/startitorscrapitTikTok → https://tiktok.com/@start.it.or.scrap.itX → https://x.com/StartItScrapItLinkedIn → https://www.linkedin.com/in/startitorscrapit/#entrepreneurship #businessideas #startups #founders #smallbusiness

  2. 69

    The Future of Virtual Reality + Business Ideas You’re Not Seeing Yet

    Send us Fan MailWhat does the future of virtual reality actually look like?In this episode of Start It or Scrap It, we break down real business ideas, including a VR concept that might be more viable than you think, and where this technology is actually heading over the next few years.We also get into:- How VR and AR could reshape everyday life- A niche VR business idea and how to monetize it- Why most people misunderstand market size- The real financial struggles behind starting a business- How scams are getting more sophisticated and how to protect yourselfThis episode blends future tech, real business insight, and hard-earned lessons from experience.If you’re building something or thinking about it, this is one you don’t want to miss.🎧 Listen now and drop your questions in the comments.Follow Start It or Scrap It for weekly insights:Instagram → https://instagram.com/startitorscrapitTikTok → https://tiktok.com/@start.it.or.scrap.itX → https://x.com/StartItScrapItLinkedIn → https://www.linkedin.com/in/startitorscrapit/Start It or Scrap It is a podcast where we break down startup ideas, business problems, and real-world entrepreneurial challenges. Sometimes the answer is to start it. Sometimes the answer is to scrap it.#virtualreality #augmentedreality #vr #ar #business #entrepreneurship #founders #smallbusiness

  3. 68

    Why Business Partnerships Fail (And How to Avoid It)

    Send us Fan MailStarting a business is one thing…but building it the right way is something completely different.In this episode of Start It or Scrap It, we break down real questions from founders and entrepreneurs, including:• how to get your first customers• the difference between working IN your business vs ON your business• why business partnerships fail (and how to avoid it)• how to structure a business with partners the right way• niche tools vs “everything for everyone” platformsWe also discuss real-world examples of businesses failing due to poor partnerships and why choosing the right people matters more than almost anything else.

  4. 67

    What To Do When Someone Copies Your Product

    Send us Fan MailWhat happens when a competitor copies your product?For many entrepreneurs, it’s one of the most frustrating moments in business.In this episode of Start It or Scrap It, our hosts Mike Terkanian and Gummi Sigurdarson discuss:• What to do when someone copies your product• When comparisons and demonstrations may fall under fair use• Why specialized legal advice matters in business• The difference between expanding a business vs starting from scratch in a new marketIf you're building a business, protecting your ideas and understanding your legal options can make a huge difference.🎧 Listen now and drop your questions in the comments.Follow Start It or Scrap It for weekly insights:Instagram → https://instagram.com/startitorscrapitTikTok → https://tiktok.com/@start.it.or.scrap.itX → https://x.com/StartItScrapItLinkedIn → https://www.linkedin.com/in/startitorscrapit/Start It or Scrap It is a podcast where we break down startup ideas, business problems, and real-world entrepreneurial challenges. Sometimes the answer is to start it. Sometimes the answer is to scrap it.#entrepreneurship#businesspodcast#startupadvice#businessstrategy#entrepreneurmindset#startupfounder#businessideas

  5. 66

    Why Entrepreneurs Think Differently Than Everyone Else

    Send us Fan MailWhat makes entrepreneurs think differently from everyone else?In this episode of Start It or Scrap It, hosts Mike Terkanian and Gummi Sigurdarson explore the mindset that separates entrepreneurs from the average professional.From risk tolerance and opportunity recognition to how founders evaluate decisions, the conversation breaks down why entrepreneurs often approach problems, careers, and life in ways that seem unusual to outsiders.If you’ve ever wondered why some people instinctively build businesses while others prefer stability, this episode dives into the psychology behind entrepreneurial thinking.Whether you're a founder, aspiring entrepreneur, or just curious about how business builders think, this discussion offers insight into the mindset that drives innovation.#entrepreneurship#entrepreneurmindset#founders#startups#businessmindset#businesspodcast#entrepreneurlife#startupfounder#leadership#businessstrategy

  6. 65

    The Exact Hire That Changes Everything

    Send us Fan MailMost founders hire based on urgency.Smart founders hire based on stage.In Episode 63 of Start It or Scrap It, we break down:• When to hire generalists• When specialists become necessary• Why hiring timing determines your growth ceiling• How to validate startup ideas before building themIf your business feels stuck, your hiring strategy might be the reason.Alt TitlesWhen to Stop Hiring GeneralistsThe Hiring Shift That Unlocks GrowthMost Founders Get This Wrong#entrepreneurship#leadership#founders#startup#businessgrowth#hiring#management#teambuilding#smallbusiness#scaling#businessstrategy#productmarketfit

  7. 64

    Founder Syndrome: The #1 Reason Businesses Stop Growing

    Send us Fan MailMost founders think their biggest problem is competition.It’s not. It’s control.In this episode, we break down Founder Syndrome — what it is, why it happens, and how it silently prevents businesses from scaling. We also talk about hiring, delegation, leadership psychology, and the hard truth every entrepreneur eventually learns:“If you can’t let go of control, you’ll never grow.” We also answer live business questions from entrepreneurs about:- trusting employees- building teams- scaling operations- validating business ideas and when to borrow money to startIf you're building a business, this episode will challenge how you think about leadership.⏱️Timestamps0:00 – Intro & live Q&A format2:04 – The cleaning business growth problem3:38 – What Founder Syndrome really is6:46 – Why micromanaging kills growth7:07 – “No one cares as much as I do” problem8:07 – The 80% employee rule9:21 – Employees vs owners mindset13:38 – Starting a business after losing a job18:45 – Evaluating business ideas (Reddit question)21:22 – Gas stations, EVs, and future business models43:17 – Marketing with only $200 budget50:53 – Should you take a loan to start a business?Alternate TitlesWhy Founders Kill Their Own Growth (And Don’t Realize It)If You Can’t Let Go of Control, You’ll Never GrowThe Truth About Founder Syndrome Nobody Talks AboutAre YOU the Bottleneck in Your Business?#entrepreneurship #founders #startups #businessgrowth #leadership #scalingbusiness #delegation #businessmindset #smallbusiness #startupadvice #founderlife

  8. 63

    You Can Do Everything Right... And Still Fail

    Send us Fan MailStarting a business isn’t about certainty. It’s about judgment.In Episode 61 we break down:- Why market research isn’t a guarantee- How founders actually make decisions- Why marketing matters more than product early on- The difference between borrowing money vs giving equity- Why even well-tested ideas can failIf you’re building something and waiting for certainty… this episode is for you.🎧 Listen now and drop your questions in the comments.Follow Start It or Scrap It for weekly insights:Instagram → https://instagram.com/startitorscrapitTikTok → https://tiktok.com/@start.it.or.scrap.itX → https://x.com/StartItScrapItLinkedIn → https://www.linkedin.com/in/startitorscrapit/Alternate Titles:Why Market Research Doesn’t Guarantee SuccessThe Reality Most Founders Learn Too LateEven Good Ideas Fail (Here’s Why)Data, Gut Instinct, and Business Risk🎙 Start It or Scrap It is a founder-focused podcast where we break down business ideas, branding decisions, growth strategies, and hard truths from the messy middle of building companies.#entrepreneurship #founders #startupadvice #businessstrategy #marketing #startups #smallbusiness #operatorlife #businesspodcast

  9. 62

    Hire or Automate? The Mistake Founders Make Too Early

    Send us Fan MailMost founders don’t fail because they lack ideas they fail because they make the wrong decisions too early.In Episode 60 of Start It or Scrap It, Mike Terkanian and Gummi Sigurdarson break down:- When you should automate instead of hiring- Why founders burn out trying to do everything themselves- The mental roller coaster of building without a playbook- Why racing to the bottom on price destroys quality- How experienced operators actually think about scalingThis episode isn’t about hacks or shortcuts. It’s about judgment and learning when to stop overcomplicating things.#Entrepreneurship #Founders #BusinessStrategy #Startups

  10. 61

    Why Most Podcasts Fail (And What Founders Get Wrong)

    Send us Fan MailMost podcasts don’t fail because of bad microphones, bad cameras, or bad editing.They fail because founders misunderstand branding, audience, and consistency.In Episode 59 of Start It or Scrap It, Mike Terkanian and Gummi Sigurdarson break down:- Why most podcasts never make it past a few episodes- What “brand” actually means (and why it’s more than a logo)- The difference between starting content and building an audience- Why exposure, patience, and systems matter more than talent- Common mistakes founders make when launching podcasts, software, and fast-food brands- How to think about franchising, licensing, and company-owned growth- Why good businesses start by solving problems — not chasing trendsThis episode is for founders, operators, and entrepreneurs who want real answers, not motivational noise.🎙 Start It or Scrap It is a founder-focused podcast where we break down business ideas, branding decisions, growth strategies, and hard truths from the messy middle of building companies.#podcast #entrepreneurship #branding #founders #startups #businesspodcast #contentcreation #marketingstrategy #smallbusiness #buildinpublic #operatorlife #startitorscrapit

  11. 60

    How to Become the First Call Your Clients Make

    Send us Fan MailWhat if the goal wasn’t to close the deal today, but to become the person clients call for everything?In Episode 58 of Start It or Scrap It, we break down why long-term businesses win by prioritizing relationships over commissions, service over shortcuts, and trust over transactions.From travel agencies to professional services, we discuss:- Why helping even when you don’t get paid builds loyalty- How customer service becomes your strongest sales tool- The mindset shift that keeps clients coming back- When “free” work actually makes business senseIf you’re building a business and want clients who stick with you, this episode is for you.🎧 Listen now and drop your questions in the comments.Follow Start It or Scrap It for weekly insights:Instagram → https://instagram.com/startitorscrapitTikTok → https://tiktok.com/@start.it.or.scrap.itX → https://x.com/StartItScrapItLinkedIn → https://www.linkedin.com/in/startitorscrapit/Alternate Titles:Why the Best Businesses Don’t Chase CommissionThe Customer Service Mindset That Actually ScalesWhy Helping for Free Pays Off LaterThis Is How You Build Real Client Loyalty#Entrepreneurship #SmallBusiness #BusinessPodcast #StartItOrScrapIt #CustomerService

  12. 59

    I Quit My Job… Now What? The Truth About Starting from Scratch

    Send us Fan MailQuitting your job is one thing. Figuring out what comes next is another.In episode 57 of Start It or Scrap It, we talk through the reality that hits after you walk away from a steady paycheck and try to launch your first product. The uncertainty. The fear. The slow starts. And the mindset shifts that actually matter if you want to survive the early stages of building something on your own.We break down:- What the “post-quit” phase really feels like- Why early traction is often slower than expected- How niche products can still be real businesses- What success actually looks like in the first year- Why most people underestimate how hard this stage isIf you’re thinking about quitting your job, already did, or are somewhere in that uncomfortable middle ground, this episode will feel very familiar.Follow Start It or Scrap It for weekly insights:Instagram → https://instagram.com/startitorscrapitTikTok → https://tiktok.com/@start.it.or.scrap.itX → https://x.com/StartItScrapItLinkedIn → https://www.linkedin.com/in/startitorscrapit/Alternate TitlesThinking About Quitting Your Job? Watch This FirstWhat Happens After You Quit Your Job to Build a ProductThe Scariest Part of Quitting Your Job Isn’t What You Think#entrepreneurship#startuplife#founderjourney#quityourjob#productlaunch#smallbusiness#businesspodcast#startitorscrapit

  13. 58

    Business Truths Students NEED to Hear (LIVE at Neumann Goretti High School!)

    Send us Fan MailThis is a special one.For the first time ever, Start It or Scrap It was recorded LIVE in front of a full student, alumni, and faculty audience at Saints Neumann Goretti High School in South Philadelphia.We were invited by School President Timothy Cairy to come in and not only record an episode but also teach students how a podcast is actually made: from setup, to lighting, to marketing, to the conversation itself.During this event, we answered tough questions about:- how to start a business at any age- what entrepreneurship is REALLY like- how to build discipline and avoid burnout- why most startups fail- how to pick the right business ideas- leadership, mindset, patience, and risk-taking- what we both wish we knew at 17A HUGE thank you to the people who made this live episode possible:Timothy CairyCarter KarpinskiNikki KaneThe staff/alumni/student body who attended our event at Saints Neumann Goretti High SchoolYour hospitality, energy, and engagement made this one of the most meaningful episodes we’ve ever recorded.🎙 About the ShowStart It or Scrap It is hosted by Mike Terkanian and Gummi Sig. Every week we break down real business problems, startup challenges, leadership lessons, and what it actually takes to build something from scratch. If you're a student, employee, or aspiring entrepreneur trying to figure out where to start: this episode is for you.Follow Start It or Scrap It for weekly insights:Instagram → https://instagram.com/startitorscrapitTikTok → https://tiktok.com/@start.it.or.scrap.itX → https://x.com/StartItScrapItLinkedIn → https://www.linkedin.com/in/startitorscrapit/Alternative TitlesBusiness Truths Students NEED to Hear (Live at Neumann Goretti!)We Recorded a LIVE Episode at a High School — Here’s What HappenedReal Entrepreneurship Advice for Students (Live Audience Episode!)The Business Lessons I Wish I Learned at 17 | LIVE Podcast EventStudents Ask the TOUGHEST Business Questions (Live Episode!)#entrepreneurship #businessadvice #students #leadership #startupmindset #neumanngoretti #startitorscrapit #businessowners #motivation #podcastlive

  14. 57

    Do NOT Form an LLC Until You Watch This (2026 Update)

    Send us Fan MailFORM YOUR LLC in 2026 — the smart way, not the expensive way.In episode 55 of our show, Mike & Gummi break down the real differences between LLCs, S-Corps, DBAs, and C-Corps — and how to avoid the costly filing mistakes that destroy new businesses every year.We cover:- When you should start an LLC- When you absolutely should NOT- How to avoid predatory filing services- What structure protects you legally- What structure saves you money on taxes- The REAL timeline for going from “idea” to “legal business”If you’re about to start a business in 2026, this episode will save you time, money, and headaches.Follow Start It or Scrap It for weekly insights:Instagram → https://instagram.com/startitorscrapitTikTok → https://tiktok.com/@start.it.or.scrap.itX → https://x.com/StartItScrapItLinkedIn → https://www.linkedin.com/in/startitorscrapit/Alternate Titles2️⃣ “LLC vs S-Corp: The TRUTH Entrepreneurs Need in 2026”3️⃣ “Forming an LLC in 2026? Here’s What They Don’t Tell You”4️⃣ “Stop Wasting Money on LLC Filings! (Do This Instead)”5️⃣ “New Entrepreneurs Make This LLC Mistake Every Time”6️⃣ “LLC Setup 2026: What Actually Matters (and What Doesn’t)”7️⃣ “LLC in 2026: Should You File Now or Wait?”8️⃣ “The Biggest LLC Scam New Business Owners Fall For”9️⃣ “LLC vs DBA vs S-Corp: Which One Should You Pick?”🔟 “This Will Save You Thousands When Starting a Business”#llc #smallbusiness #businessstartup #entrepreneurship #businesslaw #startitorscrapit #legaladvice #businessideas #taxes #2026

  15. 56

    You’re Trusting the Wrong Thing in Your Business (And It’s Costing You Money)

    Send us Fan MailMost business owners think their problem is marketing. It’s not.In this episode of Start It or Scrap It, we break down why founders trust the wrong signals — platforms, tools, dashboards, and agencies — instead of focusing on what actually drives results.We talk about:Why ad platforms don’t tell you the full storyThe difference between tools and strategyWhy throwing money at ads doesn’t fix broken businessesHow founders misread “data” and miss the real problemWhat you should be paying attention to insteadIf your ads “aren’t working,” this episode will probably make you uncomfortable — and that’s the point.Follow Start It or Scrap It for weekly insights:Instagram → https://instagram.com/startitorscrapitTikTok → https://tiktok.com/@start.it.or.scrap.itX → https://x.com/StartItScrapItLinkedIn → https://www.linkedin.com/in/startitorscrapit/Alternate TitlesWhy Most Business Owners Trust the Wrong MetricsThe Biggest Mistake Small Businesses Make With MarketingThis Is Why Your Ads Aren’t Working#Entrepreneurship#SmallBusiness#Marketing#BusinessStrategy#Startups#FounderAdvice#StartItOrScrapIt

  16. 55

    The Real Way Founders Will Scale in 2026 (Buy Back Your Time!)

    Send us Fan MailMost founders don’t fail because their idea is bad —they fail because they try to do everything themselves.In episode 53 of Start It or Scrap It, we break down what it really means to buy back your time — and why delegation, hiring, and pricing correctly aren’t expenses… they’re leverage.We talk about:Why being busy ≠ being productiveThe difference between being self-employed vs. owning a businessHow founders trap themselves doing low-value workWhen hiring actually makes you more money, not lessWhy burnout is often a systems problem, not a motivation problemIf your business feels like it owns you instead of the other way around, this episode will change how you think about growth.Follow Start It or Scrap It for weekly insights:Instagram → https://instagram.com/startitorscrapitTikTok → https://tiktok.com/@start.it.or.scrap.itX → https://x.com/StartItScrapItLinkedIn → https://www.linkedin.com/in/startitorscrapit/Alternative Titles:Why Doing Everything Yourself Is Killing Your BusinessThe Hidden Cost of Being “Hands-On” as a FounderStop Being Busy — Start Buying Back Your TimeThe Difference Between Owning a Job and Owning a Business#Entrepreneurship #SmallBusiness #BusinessOwner #FounderLife #Startups #Delegation #TimeFreedom #BusinessGrowth #ScalingBusiness #StartItOrScrapIt

  17. 54

    You Need a Contract — Here’s Why Most Business Owners Get Burned | Ep. 52 | Start It or Scrap It Podcast

    Send us Fan MailMost business owners don’t think they need a contract…until something goes wrong.In Episode 52 of Start It or Scrap It, Mike and Gummi break down why contracts aren’t about being “formal” or “corporate” — they’re about clarity, protection, and survival.We cover:- Why verbal agreements fail when things get tense- The real cost of “we’re cool, we don’t need paperwork”- How contracts protect both sides- The difference between trust and documentation- Why contracts actually make relationships cleaner, not colder- Common contract mistakes founders make early on- How lack of structure destroys company culture fastIf you’re running a business, freelancing, hiring, partnering, or selling services — this episode is a must-watch.Follow Start It or Scrap It for weekly insights:Instagram → https://instagram.com/startitorscrapitTikTok → https://tiktok.com/@start.it.or.scrap.itX → https://x.com/StartItScrapItLinkedIn → https://www.linkedin.com/in/startitorscrapit/#Entrepreneurship #SmallBusiness #Contracts #BusinessLaw #StartupMistakes #FounderAdvice #StartItOrScrapIt #BusinessTips #LegalBasics

  18. 53

    The Tech You Actually Need to Run a Business | Ep. 51 | Start It or Scrap It Podcast

    Send us Fan MailMost small business owners waste thousands of dollars a year on tools they don’t need.In Episode 51 of Start It or Scrap It, Mike and Gummi break down how to build the right tech stack for your business — one that actually supports your workflow instead of complicating it.In this episode we cover:📌 Why most businesses overspend on software📌 The 4 core tools every business truly needs📌 How to pick tech that matches your process, not your wish list📌 When to upgrade, downgrade, or stack tools📌 Why simplicity always beats complexity in the early stageWhether you're just starting out or ready to streamline, this episode shows you how to build a tech stack that saves time, saves money, and actually works.Available on Spotify, Apple Podcasts & all major platforms.Follow Start It or Scrap It for weekly insights:Instagram → https://instagram.com/startitorscrapitTikTok → https://tiktok.com/@start.it.or.scrap.itX → https://x.com/StartItScrapItLinkedIn → https://www.linkedin.com/in/startitorscrapit/#Entrepreneurship #BusinessTech #TechStack #SmallBusinessTools #BusinessOperations #StartupTools #WorkflowAutomation #CRMSolutions #ProcessOverTools #BusinessSystems #SoftwareForBusiness #StartItOrScrapIt #StartupLife #BusinessAdvice #ScaleYourBusiness

  19. 52

    How to Profit from Gaming (The Business Most People Miss) | Ep. 50 | Start It or Scrap It Podcast

    Send us Fan MailEveryone wants to “make money in gaming”… but most people chase the wrong business.In Episode 50 of Start It or Scrap It, Mike and Gummi break down why the real profit in gaming isn’t streaming, esports, or selling gear — it’s offering gaming experiences that parents, neighborhoods, and event planners will actually pay for.We dig into:• How gaming trucks and mobile lounges really make money• The psychology behind why families book them• Why AR and mixed-reality gaming are the next frontier• What TikTok gets wrong about “easy” gaming businesses• How to market experience-based businesses the right wayIf you’ve ever considered launching a gaming business — or just love the industry — this episode gives you the roadmap nobody else is talking about.Available on Spotify, Apple Podcasts & all major platforms.Follow Start It or Scrap It for weekly insights:Instagram → https://instagram.com/startitorscrapitTikTok → https://tiktok.com/@start.it.or.scrap.itX → https://x.com/StartItScrapItLinkedIn → https://www.linkedin.com/in/startitorscrapit/👍 Subscribe for weekly breakdowns of real business ideas.#Entrepreneurship #GamingBusiness #SmallBusiness #StartItOrScrapIt #BusinessIdeas

  20. 51

    Before You Start a Business… Watch This First | Ep. 49 | Start It or Scrap It Podcast

    Send us Fan MailMost people think entrepreneurship is: Start a business → get customers → make money → get rich.But that’s not the real story.In Episode 49, Mike & Gummi break down the actual realities of starting and running a business — the uncertainty, the financial pressure, the endless problem-solving, and why most people never see the months (or years) of work before a business even opens.They dig into:• Why most people shouldn’t start a business• The hidden work nobody sees• How to reduce your responsibilities to create space for entrepreneurship• What appearance, professionalism, and first impressions really signal• Why social events outside the office build real business relationships• Why franchises can be a smarter path than building from scratch• The danger of thinking entrepreneurship equals instant wealthPlus — the guys answer Reddit questions live, including:⭐ “Should I buy 20 franchises if I want to make $10M?”⭐ “Can I start a true-crime themed food truck?”⭐ “What do I do if my business degree taught me nothing?”If you’re considering entrepreneurship or growing a business of your own — this episode is required listening.#Entrepreneurship #SmallBusiness #StartItOrScrapIt #StartupLife #BusinessAdvice #Franchising #Marketing #Leadership

  21. 50

    How to Deal with Rude Customers (Without Losing Your Mind) | Ep. 48 | Start It or Scrap It Podcast

    Send us Fan MailEvery business owner has dealt with that customer — the one who emails angrily on a Friday, demands instant responses, or expects Amazon-level service from a small team.In this episode, Mike & Gummi dive into how to set boundaries, train your customers, and protect your sanity while keeping your business running smoothly.They also take questions from TikTok and Reddit, including:- How to market local physical businesses on a budget- Whether “Every Door Direct Mail” (EDDM) is worth it- And a Reddit idea about renting metal detectors at the beach that might actually be genius.🎧 Watch or listen for practical business advice, sharp humor, and a few surprisingly great side hustles.Available on Spotify, Apple Podcasts & all major platforms.Follow Start It or Scrap It for weekly insights:Instagram → https://instagram.com/startitorscrapitTikTok → https://tiktok.com/@start.it.or.scrap.itX → https://x.com/StartItScrapItLinkedIn → https://www.linkedin.com/in/startitorscrapit/#Entrepreneurship #CustomerService #BusinessTips #StartItOrScrapIt #SmallBusiness

  22. 49

    Boring Businesses Make the Most Money | Ep. 47 | Start It or Scrap It Podcast

    Send us Fan MailWhy do the most boring businesses quietly make the most money? In this episode, Mike Terkanian and Gummi Sigurdarson break down why laundromats, pest control, and even septic tank companies can outperform flashier startups — and how real entrepreneurs find profit in the “unsexy” corners of business.They also dive into the rise of AI in small business — from a 60-year-old carpenter catching hate online to the blurred lines between creativity, automation, and copyright.Topics include:- How “boring” businesses win big by solving real problems- Why sales is the most valuable entrepreneurial skill- The danger of ignoring marketing when building an app- When equity beats cash in small business deals- The truth about AI creativity and copyright law💡 If you love real business talk (no fluff, no hype), hit Subscribe.📺 Full playlist: https://www.youtube.com/@StartItorScrapIt#Entrepreneurship #SmallBusiness #StartupTips #Marketing #AI #StartItOrScrapIt

  23. 48

    How Good Is This Idea? 💡You Don’t Need to Reinvent the Wheel | Ep. 46 | Start It or Scrap It Podcast

    Send us Fan MailIn this episode of Start It or Scrap It, Mike and Gummi dive into how to know if your business idea is actually good — and why most entrepreneurs overthink originality.💡 Topics we cover:- Why you don’t need a “brand new” idea to succeed — just a smart twist.- How AI (like GPT agents) is reshaping real business workflows.- What salespeople get wrong about “closing the deal.”- Why buyers ghost after getting excited.- How to handle client weirdness and still close successfully.- A Reddit breakdown: personalized chocolate hampers, drive-through flower farms, and AI in bookkeeping.🎧 Available on Spotify, Apple Podcasts & all major platforms.📲 Follow Start It or Scrap It for weekly insights:Instagram → https://instagram.com/startitorscrapitTikTok → https://tiktok.com/@start.it.or.scrap.itX → https://x.com/StartItScrapItLinkedIn → https://www.linkedin.com/in/startitorscrapit/#Entrepreneurship #StartupIdeas #AI #BusinessGrowth #StartItOrScrapIt #SalesTips #SmallBusiness #Marketing

  24. 47

    Why You’re Always Busy (But Not Productive)⏰ | Ep. 45 | Start It or Scrap It Podcast

    Send us Fan Mail⏰ Are you busy all day but still not getting anywhere? You might be stuck in time sinks — the hidden traps that drain your focus, energy, and momentum.In this episode of Start It or Scrap It, Mike and Gummi go beyond to break down the real reasons entrepreneurs waste time — and how to get that time back.They discuss:💡 How to identify and eliminate your biggest time sinks🧭 The danger of decision fatigue (and how to avoid it)👥 Why most meetings are productivity killers🔁 The difference between working in your business vs. on it🧩 How to delegate, automate, and set clear boundaries⚙️ Real examples from their own businesses — what they scrapped, streamlined, and saved time on👉 If your to-do list feels endless but your progress doesn’t — this one’s for you.🎧 Available on Spotify, Apple Podcasts & all major platforms.📲 Follow Start It or Scrap It for weekly insights:Instagram → https://instagram.com/startitorscrapitTikTok → https://tiktok.com/@start.it.or.scrap.itX → https://x.com/StartItScrapItLinkedIn → https://www.linkedin.com/in/startitorscrapit/#StartItOrScrapIt #Entrepreneurship #Leadership #Productivity #TimeManagement #Delegation #SmallBusiness #StartupAdvice

  25. 46

    What Golf Teaches You About Leadership, Patience & Winning ⛳ | Ep. 44 | Start It or Scrap It Podcast

    Send us Fan MailGolf isn’t just a game — it’s a playbook for business success.In this episode of Start It or Scrap It, Mike and Gummi tee off on the parallels between golf and entrepreneurship — and why mastering patience, focus, and adaptability on the course can translate directly to your business.They also dig deeper into:🏌️‍♂️ The hidden networking power of the golf course📈 How golf teaches emotional discipline and long-term strategy💼 Why knowing when not to swing is as valuable as taking the shot🧠 The difference between confidence and ego in both golf and business🎯 How great entrepreneurs “course-correct” when plans go off trackWhether you’re a business owner, team leader, or startup founder, you’ll walk away with lessons that go far beyond the fairway.🎧 Available on Spotify, Apple Podcasts & all major platforms.📲 Follow Start It or Scrap It for weekly insights:Instagram → https://instagram.com/startitorscrapitTikTok → https://tiktok.com/@start.it.or.scrap.itX → https://x.com/StartItScrapItLinkedIn → https://www.linkedin.com/in/startitorscrapit/#StartItOrScrapIt #Entrepreneurship #BusinessMindset #GolfLife #Networking #Leadership #StartupAdvice

  26. 45

    AI Is Here to Stay 🤖 | Buying, Selling & Growing Businesses in 2025 | Ep. 43 | Start It or Scrap It

    Send us Fan MailAI isn’t coming — it’s already here. And it’s transforming every industry.In Episode 43 of Start It or Scrap It, Mike and Gummi dive into how AI, automation, and smarter tech are reshaping business ownership — from mergers and acquisitions to marketing, SEO, and even small-town visibility.They also cover:✅ Why 80% of small businesses never sell (and what to do instead)✅ How to buy an existing business for pennies on the dollar✅ What makes a client list actually valuable✅ Why local SEO can outperform decades of word-of-mouth✅ The truth about building realistic income expectations✅ How to find (and fix) the marketing problems that sink most startups🎯 Whether you’re buying, selling, or scaling your business — this episode gives you the strategy and mindset to do it smarter.📺 Catch all episodes: https://www.youtube.com/@StartItorScrapIt#StartItOrScrapIt #Entrepreneurship #AI #SmallBusiness #MergersAndAcquisitions #StartupTips #Leadership #DigitalMarketing #WorkCulture #Podcast

  27. 44

    How to Manage Time (Without Losing Your Mind) ⏰ | Start It or Scrap It Ep. 42

    Send us Fan MailRunning a business = a constant battle with time.In Episode 42, Mike Terkanian and Gummi Sigurdarson break down real-world time-management strategies that actually work — from balancing deadlines to delegating effectively to automating the busy work.You’ll learn:✅ How to stay on track when you wear 12 hats✅ Why productivity isn’t about hours logged but results delivered✅ The simple systems that keep your team accountable without burnout🎙 Plus — a bonus discussion on dopamine, digital penguins, and whether or not Clippy deserves a comeback.📅 New episodes every Thursday!#StartItOrScrapIt #Entrepreneurship #Productivity #TimeManagement #SmallBusiness #StartupTips #BusinessMindset

  28. 43

    Is This a Good Idea? | Ep. 41 | Start It or Scrap It Podcast

    Send us Fan MailWelcome back to Start It or Scrap It! In this episode, we put a bold new business pitch under the microscope and ask the real question: Is this actually a good idea—or just another trap for entrepreneurs?We dive into:- Spotting the difference between opportunity and distraction- How to evaluate if a business idea has legs- The hidden risks that come with “shiny” pitches- What every founder should ask before saying yesWhether you’re chasing your first venture or refining your tenth, this episode will sharpen your decision-making skills.🎧 Listen on Spotify, Apple & all podcast platforms📲 Follow us for weekly startup insights:IG → https://instagram.com/startitorscrapitTikTok → https://tiktok.com/@start.it.or.scrap.itX → https://x.com/StartItScrapItLinkedIn → https://www.linkedin.com/in/startitorscrapit/#BusinessIdeas #StartupTips #Entrepreneurship #SmallBusiness #StartItOrScrapIt #BusinessGrowth

  29. 42

    How to Start a Business: The Real Step-by-Step Guide 🚀 | Ep. 40 | Start It or Scrap It Podcast

    Send us Fan MailStarting a business is exciting — but most people get it wrong. In this episode of Start It or Scrap It, we break down the real step-by-step process every entrepreneur should follow. From legal formation to branding to early marketing moves, we cover the crucial details that can save you time, money, and frustration.🔥 What we cover in Episode 40:- The first legal step every founder MUST take- How to choose the right business structure (LLC, Corp, etc.)- Why branding early makes a bigger difference than you think- When to DIY vs. hire pros for setup- Common mistakes that kill momentum before you even start- How to know if your idea is worth pursuing — or scrapping🎧 Available on Spotify, Apple, and all podcast platforms📲 Follow us for weekly startup insights:IG → https://instagram.com/startitorscrapitTikTok → https://tiktok.com/@start.it.or.scrap.itX → https://x.com/StartItScrapItLinkedIn → https://www.linkedin.com/in/startitorscrapit/#startitorscrapit #Entrepreneurship #StartupAdvice #HowToStartABusiness #BusinessTips #SmallBusiness #LLC #Branding

  30. 41

    How to Build Real Confidence as an Entrepreneur 💪 | Ep. 39 | Start It or Scrap It Podcast

    Send us Fan MailConfidence isn’t something you’re born with — it’s built through action, feedback, and persistence.In Episode 39 of Start It or Scrap It, Mike and Gummi break down:- Why confidence comes from small wins, not big leaps- The link between preparation and performance- How failure can actually build resilience (if you let it)- Real-world lessons from business, public speaking, and leadershipWhether you’re pitching investors, leading a team, or just starting out, this episode will help you understand what confidence really looks like in entrepreneurship.📲 Follow us for weekly insights:IG → https://instagram.com/startitorscrapitTikTok → https://tiktok.com/@start.it.or.scrap.itX → https://x.com/StartItScrapItLinkedIn → https://www.linkedin.com/in/startitorscrapit/#startitorscrapit #Entrepreneurship #Confidence #StartupAdvice #Leadership #SmallBusiness

  31. 40

    The Myth of Overnight Success 🚨 | Ep. 38 | Start It or Scrap It Podcast

    Send us Fan MailWelcome back to Start It or Scrap It! In Episode 38, Mike and Gummi tackle one of the biggest lies in entrepreneurship: “overnight success.”From flashy social media claims to misleading business coaches, we break down what it really takes to build a sustainable business. Along the way, we dive into:- Why “overnight success” is a dangerous myth- The rare exceptions (and why they’re almost impossible to replicate)- Why a good assistant or CRM system can save you thousands in lost revenue- How to know when to say “no” to a client (and why it’ll save your sanity)- The truth about side hustles, failures, and what real success looks like- How social media hype skews entrepreneurs’ expectationsThis episode is packed with real talk for founders who are tired of get-rich-quick hype and want the unvarnished truth about what it takes to grow.📢 Follow us for more startup insights:🔹 Instagram: https://instagram.com/startitorscrapit🔹 TikTok: https://tiktok.com/@start.it.or.scrap.it🔹 X: https://x.com/StartItScrapIt🔹 LinkedIn: https://www.linkedin.com/in/startitorscrapit/#startitorscrapit #Entrepreneurship #StartupAdvice #OvernightSuccess #SmallBusiness #BusinessGrowth

  32. 39

    Shiny Object Syndrome: The #1 Startup Killer | Ep. 37 | Start It or Scrap It Podcast

    Send us Fan MailIn Episode 37 of Start It or Scrap It, Mike and Gummi tackle the hidden trap that sinks more startups than bad ideas or lack of funding: shiny object syndrome.We break down:- Why chasing “the next thing” resets your business clock every time- Real-world examples of entrepreneurs spreading themselves too thin- How to pick one service or product and master it before expanding- The difference between being a jack-of-all-trades vs. building focused expertise- Why focus is the most underrated growth strategy in businessWhether you’re launching a side hustle or scaling your company, this episode will help you avoid the distractions that kill momentum.📲 Follow us for weekly startup insights:IG → https://instagram.com/startitorscrapitTikTok → https://tiktok.com/@start.it.or.scrap.itX → https://x.com/StartItScrapItLinkedIn → https://www.linkedin.com/in/startitorscrapit/#startitorscrapit #ShinyObjectSyndrome #StartupAdvice #Entrepreneurship #BusinessFocus #SmallBusinessGrowth

  33. 38

    Wild Startup Pitches, Pricing Traps & Brand Building | Ep. 36 | Start It or Scrap It Podcast

    Send us Fan MailIn Episode 36 of Start It or Scrap It, Mike and Gummi dive into the realities of starting and scaling — from side hustles and early hires to brand-new startup pitches straight from Reddit.Here’s what you’ll learn in this episode:-The real cost of your first hire (and what to do before you make it)- Why chasing “easy money” can derail your focus- Side hustles: which ones actually work vs. which ones drain your time- Startup pitch breakdowns: subscription car washes, snack box ventures & more-Why “follow your passion” isn’t enough — you need a business model-Lessons from Reddit founders on testing, scaling, and scrapping🎧 Listen on Spotify, Apple & all podcast platforms📲 Follow us for weekly content:IG → https://instagram.com/startitorscrapitTikTok → https://tiktok.com/@start.it.or.scrap.itX → https://x.com/StartItScrapItLinkedIn → https://www.linkedin.com/in/startitorscrapit/#startitorscrapit #entrepreneurship #startupadvice #sidehustles #founderjourney #smallbusinesstips #businessgrowth #hiring #businesstips

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    How to Grow Your Business: Real Startup Lessons 🚨| Ep. 35 | Start It or Scrap It Podcast

    Send us Fan MailOn this episode of Start It or Scrap It, we tackle one of the most common (and toughest) questions in entrepreneurship: How do you grow a business the right way?Too often, founders focus on the wrong levers—more money, more people, more products—without a plan to sustain growth. We break down:- The difference between smart scaling vs. reckless expansion- Why growth without systems can destroy your company- How to balance short-term wins with long-term stability- Real-world stories of businesses that grew too fast (and what went wrong)Whether you’re a solopreneur or running a small team, this episode will give you a framework to approach growth strategically, not emotionally.🎧 Listen on Spotify, Apple & all podcast platforms📲 Follow us for weekly content:IG → https://instagram.com/startitorscrapitTikTok → https://tiktok.com/@start.it.or.scrap.itX → https://x.com/StartItScrapItLinkedIn → https://www.linkedin.com/in/startitorscrapit/#BusinessGrowth #SmartScaling #StartupAdvice #Entrepreneurship #SmallBusinessTips #ScaleSmart #startitorscrapit

  35. 36

    Time Management Isn’t Your Problem – This Is | Ep. 34 | Start It or Scrap It Podcast

    Send us Fan MailYou don’t have a time problem—you have a priorities problem.In Episode 34 of Start It or Scrap It, we break down why so many founders and professionals feel overwhelmed, unproductive, and stuck… and how to fix it.🔥 Learn how to:- Stop wasting time on “fake work”- Set boundaries that protect your calendar- Recognize when you're just avoiding real decisions- Build a routine that actually supports your businessWe also review a real Reddit post from someone struggling to manage their side hustle and day job and share strategies that go beyond the usual fluff.🎙 Full episode: https://youtu.be/rrbn9BmoQZ0✅ Follow for weekly startup and productivity insights:IG → startitorscrapitTikTok → @start.it.or.scrap.itX → @StartItScrapItLinkedIn → startitorscrapit#TimeManagement #StartupLife #ProductivityTips #Entrepreneurship #startitorscrapit

  36. 35

    Should You Hire Friends? Hard Truths Every Founder Must Hear | Ep. 33 | Start It or Scrap It Podcast

    Send us Fan MailHiring a friend can feel like the perfect solution—built-in trust, easier communication, shared vision. But what happens when things go sideways?In Episode 33 of Start It or Scrap It, Mike and Gummi dig into one of the hardest business decisions: should you hire friends or family? From mismatched effort and pay issues to the potential for destroyed relationships, we break down real-life stories and tactical advice you can use to avoid costly mistakes.We also dive into questions about handling employees at top pay, dealing with unpredictable clients, and how to keep your business afloat during economic uncertainty.🎯 You’ll Learn:Why hiring friends or family can be riskier than you thinkHow to protect personal relationships while growing your teamWhen to use contractors vs. full-time employeesHow to plan for pay ceilings without destroying morale⏱️ Timestamps:00:00 – Should you hire your friend?10:00 – Stories of business partnerships gone wrong20:00 – Family businesses and how to set clear boundaries30:00 – Employees hitting top pay ceilings40:00 – Navigating client drop-offs during uncertain times1:00:00 – Tactical ways to market your small business when times are tough1:15:00 – Free marketing at Shopping Centers1:19:45 – New shop stealing old customers1:32:56 – The guys call it a show!👉 Watch the full episode now: https://youtu.be/3Z0DkXb7VDI📲 Follow us:IG → https://instagram.com/startitorscrapitTikTok → https://tiktok.com/@start.it.or.scrap.itX → https://x.com/StartItScrapItLinkedIn → https://www.linkedin.com/in/startitorscrapit/🎧 Full episodes on Spotify, Apple, and all major podcast platforms#HiringTips #SmallBusiness #Entrepreneurship #StartItOrScrapIt

  37. 34

    How to Land a Job in 2025 (And What’s Holding You Back) | Ep. 32 | Start It or Scrap It Podcast

    Send us Fan MailThe job market in 2025 is tough—but most people are making it even harder on themselves.In Episode 32 of Start It or Scrap It, we break down the biggest mistakes job seekers are making this year—from outdated resumes to invisible LinkedIn profiles. Whether you’re fresh out of school or trying to pivot careers, this episode delivers blunt, actionable advice to get hired faster.We also critique real Reddit posts from people struggling to find work and offer solutions no career coach will give you.🎙️ Start It or Scrap It is available on YouTube, Spotify, Apple Podcasts, and all major platforms.📱Follow us for weekly clips and updates:IG → https://instagram.com/startitorscrapitTikTok → https://tiktok.com/@start.it.or.scrap.itX → https://x.com/StartItScrapItLinkedIn → https://www.linkedin.com/in/startitorscrapit/#JobSearch #CareerAdvice #LinkedInTips #GetHired2025 #StartItOrScrapIt

  38. 33

    Protecting Your Business Idea: What Most Founders Get Wrong | Ep. 31 | Start It or Scrap It Podcast

    Send us Fan MailWelcome back to Start It or Scrap It, the podcast where real startup ideas meet real critique.In Episode 31, we cover what so many early-stage founders get wrong: trying to protect a business idea before they’ve validated it. From NDAs and trademarks to the scalability of service businesses, this episode is packed with tactical insight.🎯 You’ll learn:- When (and when not) to use NDAs- Whether you should trademark your business idea- What makes a service business scalable- Why some business ideas don’t need funding—they need better execution🔍 We also break down 5 Reddit business posts and explain what worked and what didn’t.🎥 Watch now and level up your startup game.📲 Follow us:IG → https://instagram.com/startitorscrapitTikTok → https://tiktok.com/@start.it.or.scrap.itX → https://x.com/StartItScrapItLinkedIn → https://www.linkedin.com/in/startitorscrapit/✅ Full episodes on Spotify, Apple, and all major podcast platforms.#Startups #BusinessTips #NDA #Entrepreneurship #ServiceBusiness #Trademark

  39. 32

    How to Actually Succeed in Business (Most Don’t) | Ep. 30 | Start It or Scrap It Podcast

    Send us Fan MailThinking about starting a business or growing one? This episode of Start It or Scrap It is all about how to actually succeed. From hiring your first employee to protecting your online presence, we cover real stories and strategies to help you avoid costly mistakes.⏱️ Timestamps:  00:00 – Welcome to Ep 30  02:00 – How to really succeed in your first business  10:15 – Why your Google profile could destroy your revenue overnight  16:16 – Gummi gives Mike a gift  20:17 – Interesting App Idea27:40 – Managing screen time & digital addiction (dopamine scores?)  34:55 – The guys provide idea feedback42:02 – Hardest First Steps in Starting a Business45:10 – Common legal & compliance mistakes to avoid  52:00 – Real audience questions and lessons learned56:12 – Legal formalities to know about when starting your small business01:10:11 – How to structure a business presentation01:19:30 – What business should you start in 2025?01:33:30 – The guys wrap up the show!🙌 Join the community:  IG → https://instagram.com/startitorscrapitTikTok → https://tiktok.com/@start.it.or.scrap.itX → https://x.com/StartItScrapItLinkedIn → https://www.linkedin.com/in/startitorscrapit/✅ Full episodes on Spotify, Apple, and all major podcast platforms.📣 Have an idea you want us to review? Drop it in the comments!

  40. 31

    Starting a Business? Watch This Before You Sign Anything! | Ep. 29 | Start It or Scrap It Podcast

    Send us Fan Mail🚀 Ready to launch your business? In Episode 29 of Start It or Scrap It, we break down real stories from entrepreneurs, including scams to avoid, what to watch for in contracts, bouncing back after failure, and how to build your network the RIGHT way.⏰ Timestamps:00:00 - Intro & Big Ideas02:00 - Why relationships matter in business10:00 - How a ‘business opportunity’ can ruin your life16:00 - Accepting failure and learning from it25:00 - From idea to execution: who to ask for help45:00 - What we’re struggling with right now (honest chat)55:00 - Real advice for early entrepreneurs💡 What you’ll learn:✔️ Spotting red flags in ‘too good to be true’ offers  ✔️ Why so many startups fail and how to bounce back  ✔️ How to test ideas before you waste time and money  ✔️ Building a business that doesn’t depend on you doing all the work  🎙️ Listen to the full episode and share your thoughts in the comments!👉 Subscribe for real business talk every week.🔗 Connect with us:IG → https://instagram.com/startitorscrapitTikTok → https://tiktok.com/@start.it.or.scrap.itX → https://x.com/StartItScrapItLinkedIn → https://www.linkedin.com/in/startitorscrapit/#Startup #Entrepreneurship #BusinessAdvice #SmallBusiness #Podcast #RedditStories

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    How Real Networking Builds Million-Dollar Deals (Not Clickbait!) | Ep. 28 | Start It or Scrap It

    Send us Fan MailIn Episode 28, we share blunt advice on why traditional networking beats fancy ads — and how real relationships fuel million-dollar deals. From golf outings to sporting events, get raw insights into how smart founders build trust before investing a single dollar.🔔 Subscribe for more no-BS business advice!⏰ Timestamps:00:00 – Introduction02:00 – Million-dollar deals on the golf course05:15 – The ROI of trust and likeability09:45 – Spotting red flags in partners & clients14:20 – Creative ways to build connections18:00 – When NOT to work with someone23:15 – How bad partnerships destroy wealth30:00 – Should you go into business with friends or family?38:00 – Stories of partnerships gone wrong45:00 – Real talk: when to get a lawyer involved50:00 – Tips for young entrepreneurs & parents55:00 – Teaching kids smart money habits01:07:15 – Outro 📢 Subscribe for raw startup advice!IG → https://instagram.com/startitorscrapitTikTok → https://tiktok.com/@start.it.or.scrap.itX → https://x.com/StartItScrapItLinkedIn → https://www.linkedin.com/in/startitorscrapit/#BusinessGrowth #business #money #podcast #Investing #StartupAdvice #Relationships #EntrepreneurLife #startitorscrapit

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    The Harsh Truth About Startups No One Tells You | Ep. 27 | Start It or Scrap It Podcast

    Send us Fan MailWelcome to Start It or Scrap It Ep. 27! Mike & Gummi dive into Reddit’s boldest business ideas—from exclusive chef events to kid ventures like sneaker trading. Should you start or scrap them? Plus, we unpack imposter syndrome, founder syndrome, and why 7 years of “failure” might be your biggest asset. ⏱ Timestamps00:00 – Intro: Windy yards & banter01:14 – Imposter syndrome: Why you doubt your success07:05 – Founder syndrome: Micromanaging your startup to death12:15 – Reddit pitch: Solve problems worth solving21:06 – Kid entrepreneurship: $80K sneaker empire at 15!39:43 – Exclusive event app: Michelin chef dinners?56:00 – Finding a mentor: Free vs. paid advice1:09:24 – Quick landing pages: Wix or bust?1:21:32 – Burned-out founder: 7 years, no wins—now what?1:36:20 – Outro📢 Subscribe for raw startup advice!IG → https://instagram.com/startitorscrapitTikTok → https://tiktok.com/@start.it.or.scrap.itX → https://x.com/StartItScrapItLinkedIn → https://www.linkedin.com/in/startitorscrapit/#startitorscrapit #startupideas #redditbusiness #impostersyndrome #foundersyndrome #kidentrepreneur #mentorship #landingpage #entrepreneurship

  43. 28

    How This One Networking Insight Changed Everything for Us | Ep. 26 | Start It or Scrap It Podcast

    Send us Fan MailWelcome back to Start It or Scrap It, the podcast where business ideas meet expert critique.In this episode, we break from the usual format—because one of the ideas we found wasn’t just interesting... it was good. Good enough for us to say: let’s consider buying it.Here’s what you’ll learn in Episode 26:* The decision-making process behind investing in a small business* Common traits of business ideas worth funding* The reality behind "first-mover advantage" in AI* Why company culture is more important than technical talent* The hidden cost of bad hires and bad clients* Tactical sales psychology that closes more deals⏱ Timestamps:00:00 – Intro07:00 – What makes a business actually investable  11:20 – AI startup bubble: will it pop?  15:45 – Building vs. buying: what we look for  18:40 – Bad hires and toxic culture  24:00 – Sales mindset: ask better questions  30:30 – Our business buying philosophy  36:00 – Deep dive: What we loved/what gave us pause  42:15 – Culture fit: aligning values with performance  48:40 – How we stress-test a pitch before buying  55:05 – Negotiation tactics: structuring a deal  01:02:20 – Lessons from failure01:10:55 – Why we passed on a seemingly great AI idea  01:18:30 – Your toughest purchases 01:34:43 – Final takeaways📲 Want more no-fluff startup insights?Follow us everywhere:IG → [https://instagram.com/startitorscrapit](https://instagram.com/startitorscrapit)TikTok → [https://tiktok.com/@start.it.or.scrap.it](https://tiktok.com/@start.it.or.scrap.it)X → [https://x.com/StartItScrapIt]LinkedIn → [https://www.linkedin.com/in/startitorscrapit/](https://www.linkedin.com/in/startitorscrapit/)#BusinessPodcast #Startups #StartupPitch #SalesTips #AIStartups #SmallBusiness #TeamBuilding #EntrepreneurLife #StartItOrScrapIt

  44. 27

    Hiring Nightmares & Entrepreneurship Tips | Ep. 25 | Start It or Scrap It Podcast

    Send us Fan MailWelcome back to Start It or Scrap It! Episode 25 tackles the raw challenges of entrepreneurship—hiring chaos, the debate over quitting your business, and rethinking the 9-to-5 path. We share insights on e-commerce realities, practical expense tracking, and why self-worth isn’t tied to owning a business. Perfect for founders facing tough decisions or exploring new ventures.⏱ Timestamps00:00 – Intro & Northeast wind struggles00:02:21 – The hiring process: applications and interviews gone wrong00:09:04 – Work mindset evolution: gig economy impact00:28:08 – IRS-friendly expense tracking strategies00:49:02 – E-commerce challenges for late 30s couples00:57:02 – The truth behind influencer entrepreneurship hype01:24:02 – Should you quit after 3.5 years?  📢 Follow us for more real talk on business:🔹 Instagram: https://instagram.com/startitorscrapit🔹 TikTok: https://tiktok.com/@start.it.or.scrap.it🔹 X: https://x.com/StartItScrapIt🔹 LinkedIn: https://www.linkedin.com/in/startitorscrapit/#startitorscrapit #entrepreneurtruths #hiringstruggles #ecommerceinsights #expensetips #businessresilience #quitdecision #founderjourney #2025business

  45. 26

    How Toxic Employees Kill Culture, Chick-fil-A & Leadership | Ep. 24 | Start It or Scrap It Podcast

    Send us Fan MailWelcome back to Start It or Scrap It! In Episode 24, we get brutally honest about the ugly side of entrepreneurship—how to protect your company culture, avoid early leadership mistakes, and why most startup websites completely miss the mark. Plus, we tackle what a startup CEO should actually be doing every day and how customer service (not product) builds brand loyalty.Whether you’re pre-MVP or managing a 10-person team, this episode is for the business owners in the trenches.⏱ Timestamps00:00 – Intro & Weather banter01:11 – Amazon Fresh, Chick-fil-A & building intentional culture06:15 – Why one bad hire will destroy your business10:16 – $0.26 that built a brand loyalist13:00 – Customers don’t leave companies, they leave cultures19:40 – Firing customers vs. protecting your team23:00 – What should a startup CEO do every single day26:30 – Selling before MVP: non-negotiables for startup founders30:00 – PayPal Mafia, the power of networking, and social capital37:00 – Don’t quit your day job (yet): the real emotional toll of startups44:00 – Why most first businesses fail (and how it made us better)54:00 – Revenue hides your bad habits—until it doesn’t1:00:00 – The AI gold rush & historical cycles of innovation1:07:00 – Messaging mistakes on startup websites1:15:00 – Sales is service: why features don’t sell, but problems do📢 Follow us for more real talk on business:🔹 Instagram: https://instagram.com/startitorscrapit🔹 TikTok: https://tiktok.com/@start.it.or.scrap.it🔹 X: https://x.com/StartItScrapIt🔹 LinkedIn: https://www.linkedin.com/in/startitorscrapit/#startitorscrapit #startupculture #leadership #entrepreneurtruths #chickfila #badhires #ceoadvice #startuptips #marketing #customerservice #founderlife #paypalmob #mvpadvice

  46. 25

    Gamifying SaaS, Smart Tax Moves & Working w/ Family | Ep. 23 | Start It or Scrap It Podcast

    Send us Fan MailWelcome back to Start It or Scrap It! In this episode, we dig into the real stories behind LLC missteps, underused tax strategies, gamifying SaaS products, and why working with your kids could be your smartest business move. Whether you're launching a startup or scaling a company, you need to hear this.⏱ Timestamps00:00 – Intro01:00 – Real client horror stories: LLCs done wrong05:00 – What happens when you pocket cash as a contractor10:00 – Legal vs. practical consequences of breaking the corporate veil13:00 – The $60K tax bill that didn’t need to happen16:00 – Who every profitable business owner needs on their team20:00 – Why intergenerational entrepreneurship works30:00 – How to teach your kids entrepreneurship early35:00 – The tree company that started on the way to the bar41:00 – More SaaS ideas & startup Q&A58:00 – MVPs, Google Forms, and looking professional1:05:00 – Course-building AI tools and the future of EdTech1:19:00 – Best advice for 18-year-old developers: where to start📢 Follow us for more startup insights:🔹 Instagram: https://instagram.com/startitorscrapit🔹 TikTok: https://tiktok.com/@start.it.or.scrap.it🔹 X: https://x.com/StartItScrapIt🔹 LinkedIn: https://www.linkedin.com/in/startitorscrapit/#startitorscrapit #entrepreneurship #smallbusiness #llc #businesstips #saas #gamification #edtech #taxstrategy #startupadvice #intergenerationalbusiness #mvp #businessstructure

  47. 24

    What Really Makes You an Entrepreneur? | Ep. 22 | Start It or Scrap It Podcast

    Send us Fan MailWhat makes someone an actual entrepreneur? In this episode, we go deep—from your first lemonade stand to the big global AI race. We also dissect product launches, investment trends, MVP timelines, and the psychology of management.🎧 Topics Covered:00:00 – Intro01:05 – China’s DeepSeek AI vs the West05:47 – Market panic and tech investor overreaction12:47 – Product soft launches & newsletter boosts19:13 – How tiny actions create massive impact27:11 – Gamification of fitness: Turning workouts into RPGs45:07 – MVP in 90 days with $10K: realistic or not?52:30 – Discovering new music through social platforms1:05:08 – Are your employees your friends?1:21:10 – Life lessons from first jobs to building empires🔔 Subscribe & turn on notifications!📢 Follow us for more startup insights:🔹 Instagram: https://instagram.com/startitorscrapit🔹 TikTok: https://tiktok.com/@start.it.or.scrap.it🔹 X: https://x.com/StartItScrapIt🔹 LinkedIn: https://www.linkedin.com/in/startitorscrapit/#entrepreneurmindset #founderlife #startups #ai #gamification #businessadvice #lemonadestandvibes #startitorscrapit

  48. 23

    How to Turn an Empty Field into Profit (w/ Joe Cover) | Ep. 21 | Start It or Scrap It Podcast

    Send us Fan MailWelcome back to another installment of Start It or Scrap It! 📌 Don’t forget to like, comment, and subscribe – it helps more than you know!In this jam-packed episode, we cover everything from wild emergency stories to game-changing ideas like AI-powered store assistants and first responder kits. We also hear from a special surprise-guest, Joe Cover (an Online Reputational Manager from Digital One, LLC).Whether you’re thinking about turning your empty field into a profit machine or reimagining the grocery experience, this episode’s got something for you.⏰ Timestamps00:00 – How to turn an empty field into a business00:49 – Wild fire rescue story: jumping from a second story window03:22 – Witnessing and helping after a car crash06:23 – Real-time iPhone crash detection & speaking to a stranger’s mom10:28 – Why people don’t help during emergencies13:31 – Emergency car kits: What to always keep with you16:23 – Turning a car kit into a business idea20:17 – Huge vending machines replacing locked store shelves23:55 – AI vs impulse buying in retail28:28 – Consumer psychology in grocery stores34:00 – Open-source social media? The challenges ahead44:32 – Dorm cleaning service: legit or long shot?51:02 – The baseball card grading dilemma – and a new solution1:01:20 – Card collecting stories and AI grading ideas1:15:01 – Empty field in California? Here's what you could grow1:24:00 – Organic farming and niche agriculture ideas📢 Follow us for more startup insights:🔹 Instagram: https://instagram.com/startitorscrapit🔹 TikTok: https://tiktok.com/@start.it.or.scrap.it🔹 X: https://x.com/StartItScrapIt🔹 LinkedIn: https://www.linkedin.com/in/startitorscrapit/#StartItOrScrapIt #Entrepreneurship #EmergencyPreparedness #RetailTech #AIinRetail #BaseballCards #GradingCards #BusinessIdeas #SmallBusiness #OrganicFarming #SocialMedia #OpenSourceTech #PodcastClips #StartupTalks

  49. 22

    Starting a Business? Must-Know Legal Tips & Ideas | Ep. 20 | Start It or Scrap It Podcast

    Send us Fan MailWelcome back! Episode 20 of Start It or Scrap It is packed with startup inspiration! We break down a jet ski rental business, a friendship app for adults, and a medical data-sharing platform, plus share crucial legal tips for new entrepreneurs. Don’t miss out—subscribe now! 🚀Timestamps:00:00 - Intro: Business Basics04:21 - LLC vs. DBA: What You Need to Know24:04 - Jet Ski Rentals: How to Stand Out38:22 - Friendship App: Solving Adult Loneliness58:13 - Medical Data Platform: The Future of Healthcare?1:25:33 - Virtual Fitting Room: AI Fashion Innovation1:35:40 - Outro: Let’s Hear from You!📢 Follow us for more startup insights:🔹 Instagram: https://instagram.com/startitorscrapit🔹 TikTok: https://tiktok.com/@start.it.or.scrap.it🔹 X: https://x.com/StartItScrapIt🔹 LinkedIn: https://www.linkedin.com/in/startitorscrapit/#StartupIdeas #Entrepreneurship #BusinessInnovation #LegalTips #SmallBusiness

  50. 21

    Can These Startup Ideas Survive in 2025? 🚀 | Ep. 19 | Start It or Scrap It Podcast

    Send us Fan MailEpisode 19 of Start It or Scrap It is LIVE! 🚀 We’re diving into fresh startup ideas from Reddit: a shoe manufacturing venture in India, a plant care robot named Nora, a proximity-based social app, and an employee tracking web app. Plus, we tackle scope creep in startups and share priceless advice for young entrepreneurs—like the 18-year-old dreaming big! Learn about market targeting, money management tricks, and why social media might be isolating us. Should these ideas start or get scrapped? Watch now and tell us your thoughts! 🏠💡  Timestamps:00:00 - Intro: A Recording Mishap & Reddit Ideas03:51 - Shoe Manufacturing in India: Market Insights27:10 - Plant Care Robot: Practical or Pie-in-the-Sky?36:44 - Proximity Social App: Bringing People Together49:46 - Scope Creep: How to Avoid Startup Pitfalls01:04:18 - Employee Tracking App: A Saturated Market?01:12:03 - Advice for Young Entrepreneurs: Money & Mindset01:43:56 - Outro: Share Your Startup Ideas!  📢 Follow us for more startup insights:🔹 Instagram: https://instagram.com/startitorscrapit🔹 TikTok: https://tiktok.com/@start.it.or.scrap.it🔹 X: https://x.com/StartItScrapIt🔹 LinkedIn: https://www.linkedin.com/in/startitorscrapit/  #StartupIdeas #Entrepreneurship #BusinessTips #ShoeManufacturing #PlantCareTech #startitorscrapit

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ABOUT THIS SHOW

Start It or Scrap It is the ultimate brainstorming session you didn’t know you needed! Join Mike Terkanian, a seasoned business attorney with a knack for spotting potential pitfalls, and Mr. Gummi, a dynamic marketing expert with a flair for turning dreams into reality, as they dive into the wild world of Reddit. Each week, they uncover unique ideas, dissect ambitious plans, and give honest, actionable advice. Whether you're looking to fine-tune your business pitch, pivot a passion project, or find the courage to scrap what’s not working, this duo has you covered.Laugh, learn, and get inspired—because every great idea deserves a moment in the spotlight (or a reality check).Ready to Start It or Scrap It? Tune in now!

HOSTED BY

Michael Terkanian and Mr. Gummi

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