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!
Episodes
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 🍫...
🎙 Welcome back to Episode 10 of Start It or Scrap It!
Struggling to find your next great business idea? 💡 In this episode, Mike and Gummi break down real startup ideas from the internet and decide whether they have real potential or if they should be scrapped.
💰 Can you launch a profitable business with just $1,000?
🌍 Is renting out WiFi a legit business model?
📢 How do you validate an idea before inv...
Welcome back for Episode 9 of 𝙎𝙩𝙖𝙧𝙩 𝙄𝙩 𝙤𝙧 𝙎𝙘𝙧𝙖𝙥 𝙄𝙩! 🎙️
💡 In this episode, we analyze fresh startup ideas from the entrepreneurial community. Can these ideas become the next big business, or are they better off scrapped?
🔥 This week’s lineup:
📦 Subscription-based fitness coaching – scalable or a dead end?
🌿 A mobile plant care service – brilliant niche or too limited?
🎨 AI-pow...
Welcome back for Episode 8 of 𝙎𝙩𝙖𝙧𝙩 𝙄𝙩 𝙤𝙧 𝙎𝙘𝙧𝙖𝙥 𝙄𝙩! 🎙️
Can YOU compete with Gmail? 🤔💡
In this episode, we dive into a bold startup idea: launching an email provider to take on the giants like Gmail, Outlook, and Yahoo. Is there space in the market for something new?
Plus, we analyze:
🔥 A database that tracks startup failures so you don’t repeat them.
🏗️ The potential of I...
Welcome back for Episode 7 of 𝙎𝙩𝙖𝙧𝙩 𝙄𝙩 𝙤𝙧 𝙎𝙘𝙧𝙖𝙥 𝙄𝙩! 🎙️
In this episode, Mike and Gummi dive deep into the world of SaaS businesses and the challenges of selling them. 🖥️ Whether you’re a developer with a side project or an entrepreneur looking to exit, they share insights on how to position and price your SaaS for success.
Plus, we discuss:
A parking comparison app: Skyscanner for parkin...
Welcome back for Episode 6 of 𝙎𝙩𝙖𝙧𝙩 𝙄𝙩 𝙤𝙧 𝙎𝙘𝙧𝙖𝙥 𝙄𝙩! 🎙️
Can esports be the key to building stronger school communities? 🎮
In this episode, we explore an idea to create an esports platform for schools. Could this be a game-changer for education and funding extracurricular activities?
Plus, we dig into:
- The myth of needing a unique business idea to succeed.
- Fractional ownership ...
Welcome back for Episode 5 of 𝙎𝙩𝙖𝙧𝙩 𝙄𝙩 𝙤𝙧 𝙎𝙘𝙧𝙖𝙥 𝙄𝙩! 🎙️
California's wildfire crisis is intensifying, and insurance companies are leaving homeowners unprotected...
In this episode, we dive into a bold Reddit proposal: CO2-based fire protection and its potential to reduce risks while lowering insurance costs.
Plus, we tackle other intriguing business ideas:
- A debate website for productive...
Welcome back for Episode 4 of 𝙎𝙩𝙖𝙧𝙩 𝙄𝙩 𝙤𝙧 𝙎𝙘𝙧𝙖𝙥 𝙄𝙩! 🎙️
This week, Mike and Gummi dive into an exciting mix of Reddit business pitches, ranging from high-tech AI services to a practical pressure-washing side hustle. Tune in as they provide legal and marketing insights to determine whether these ideas are worth starting—or scrapping.
In this episode:
- Starting an IT business focused on AI ...
Welcome to Episode 3 of 𝙎𝙩𝙖𝙧𝙩 𝙄𝙩 𝙤𝙧 𝙎𝙘𝙧𝙖𝙥 𝙄𝙩!
This week, Mike Terkanian (business attorney) and Gummi Sigurdarson (marketing expert) take on a fresh batch of Reddit’s boldest business ideas. From creative uses for small business spaces to a “Golden Ticket Club” lottery pool, solar installation ventures, and even a familiar proposal to replace streaming services—we're breaking it all down.
Are ...
We are BACK with episode two of 𝙎𝙩𝙖𝙧𝙩 𝙄𝙩 𝙤𝙧 𝙎𝙘𝙧𝙖𝙥 𝙄𝙩!
Mike Terkanian and Gummi Sigurdarson dive into more Reddit business ideas to decide if they’re viable or not. In this installment the two discuss topics such as a shipping vending machine, the skills needed to start your own business, and how to turn a social media following into cash flow. With honest critiques and expert advice, they’ll tell you what ...
Welcome to the very first episode of 𝙎𝙩𝙖𝙧𝙩 𝙄𝙩 𝙤𝙧 𝙎𝙘𝙧𝙖𝙥 𝙄𝙩!
In this debut, Mike Terkanian (seasoned business attorney) and Gummi Sigurdarson (marketing expert) dive into Reddit’s most interesting business ideas. Can these concepts succeed in the real world, or are they better left online? Tune in for expert insights, sharp critiques, and plenty of laughs as we kick off this exciting new podcast!
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