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May 1, 2025 77 mins

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 budget—networking is key!  
- Should you use social media for your startup? TikTok’s algorithm might be your secret weapon  
- How to share equity with co-founders fairly (and avoid legal pitfalls)

⏰ Timestamps:
0:00 - Intro & Thanksgiving Recap 🦃
4:24 - Don’t Quit Your Job Without a Plan!
16:13 - Scaling a SaaS: From $10K to $100K MRR
31:18 - How to Market Your MVP Service
50:54 - Using TikTok & Social Media for Startups
1:02:23 - Sharing Equity in a Startup: Legal Tips
1:16:04 - Wrap-Up & Attorney Advice  

📢 Follow us for more startup insights:
🔹 Instagram: https://instagram.com/startitorscrapit
🔹 TikTok: https://tiktok.com/@start.it.or.scrap.it
🔹 X (Twitter): https://x.com/StartItScrapIt
🔹 LinkedIn: https://www.linkedin.com/in/startitorscrapit/
 
💬 Comment below: Have you ever quit your job to start a business? What’s your story?  

🚀 Like and Give Us a Follow 🔔 for weekly business idea breakdowns!  

#StartupRisks #SaaSScaling #TikTokMarketing #EquityTips #entrepreneur #StartItOrScrapIt #SmallBusiness

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