Start It or Scrap It

🚀 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 Ideas
02:00 - Why relationships matter in business
10:00 - How a ‘business opportunity’ can ruin your life
16:00 - Accep...

In 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 – Introduction
02:00 – Million-dollar deals on the golf course
05:15 – The R...

Welcome 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. 

⏱ Timestamps
00:00 – Intro: Windy yards & banter
01:14 – Imposter syndrome: Why you doubt your success

Welcome 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 i...

Welcome 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.

⏱ Timestamps
00:00 – Intro & Northeast win...

Welcome 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, ...

Welcome 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.

⏱ Timestamps
00:00 – Intro
01:00 – Real client horror stories: LLCs done wrong
05:00 – What happens when...

What 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 – Intro
01:05 – China’s DeepSeek AI vs the West
05:47 – Market panic and tech investor overreaction
12:47 – Product soft launches & newsletter boosts<...

Welcome 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).

Welcome 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 Basics
04:21 - LLC vs. DBA: What You Need to Know
24:04 - Jet Ski Rentals: How to Stand Out
38:2...

Episode 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 soci...

Episode 18 of Start It or Scrap It is here with fresh business ideas for real estate and beyond!

We break down a handyman app concept, discuss blockchain for real estate deeds, and share property management tips for beginners. Whether you're an entrepreneur or investor, this episode will inspire you to start or scrap your next big idea. 🚀 Subscribe for weekly startup insights!  

Timestamps:  
00:00 - Int...

Got a startup idea but not sure if it’s any good? 💡 In Episode 17 of Start It or Scrap It, we break down 9 real Reddit startup pitches—everything from razor arbitrage to game-sharing services—and show you how to evaluate if an idea is worth your time, energy, and money.

Whether you're an aspiring founder, solo entrepreneur, or just startup-curious, this episode is a blueprint for turning “what if” into “let’s go.”

Ready to quit your job and start a business? 💡 In Episode 16 of Start It or Scrap It, Mike and Gummi tackle real startup challenges with practical advice to help you thrive.  

🔑 What You’ll Learn:  
- Why you shouldn’t quit your job without a backup plan (and how freelancing can save you)  
- How to scale your SaaS from $10K to $100K MRR using TikTok and YouTube  
- Marketing your MVP service without a big bu...

🎙 Find a Co-Founder & Promote Your App! | Ep. 15 | Start It or Scrap It Podcast

Struggling to find a co-founder or promote your app? 💡 In Episode 15 of Start It or Scrap It, Mike and Gummi dive into real startup challenges and share actionable advice to help you succeed.

🔑 What You’ll Learn:
- How to find a technical co-founder without getting burned (and why websites might not work)  
- Proven strategie...

Welcome to Episode 14 of 𝙎𝙩𝙖𝙧𝙩 𝙄𝙩 𝙤𝙧 𝙎𝙘𝙧𝙖𝙥 𝙄𝙩! 🎙️
   
Dreaming of working for yourself? You’re not alone—79% of people want to, but only 3% take the leap. Why?  

In this episode, Mike Terkanian (business attorney) and Gummi Sigurdarson (marketing guru) dive into Reddit’s boldest startup ideas. From a nostalgic word processor UI to AI mentorship tools, we’re breaking down what’s worth starting—or sc...

Welcome back for Episode 13 of 𝙎𝙩𝙖𝙧𝙩 𝙄𝙩 𝙤𝙧 𝙎𝙘𝙧𝙖𝙥 𝙄𝙩! 🎙️
 
Is burnout killing your business dreams? 🔥

In this episode, Mike Terkanian (business attorney) and Gummi Sigurdarson (marketing guru) tackle some of Reddit’s boldest ideas. From towing burnout to Shopify sunglass struggles, we’re breaking it down with legal and marketing smarts.

Plus, we dive into:  
- The truth about passive i...

Welcome back for Episode 12 of 𝙎𝙩𝙖𝙧𝙩 𝙄𝙩 𝙤𝙧 𝙎𝙘𝙧𝙖𝙥 𝙄𝙩!🎙️

Starting a small business is no easy feat—between finding clients, securing a domain name, and navigating legal hurdles, the challenges can feel endless. In this episode, Mike and Gummi tackle real small business struggles and ideas straight from entrepreneurs like you. Which ideas will soar, and which ones should be scrapped?
 
🔍What’s inside...

Welcome back for Episode 11 of Start It or Scrap It! 🎙️

Every great business starts with a simple idea, but which ones are worth launching? In this episode, Mike and Gummi analyze real startup ideas from entrepreneurs looking to make their mark. Will these ideas revolutionize industries or flop before they even start?

🔍 What’s inside this episode?

- A chocolate brand that mixes health with indulgence 🍫...