Start It or Scrap It

In 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 afte...

⏰ 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 fatig...

Golf 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 ...

AI 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 ...

Running 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 ke...

Welcome 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 ...

Starting 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...

Confidence 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 leadership

W...

Welcome 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 repli...

In 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 bein...

In 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 dra...

On 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

You 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 ...

Hiring 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...

The 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 f...

Welcome 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 shou...

Thinking 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 you...

🚀 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...