Michael Terkanian and Mr. Gummi
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 inspire...
Author
Michael Terkanian and Mr. Gummi
Category
Podcast website
Latest episode
Jul 9, 2026
Where to listen?
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Episodes
How Real Networking Builds Million-Dollar Deals (Not Clickbait!) | Ep. 28 | Start It or Scrap It 24.07.2025 1:07:32
Send us Fan Mail 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 go...
The Harsh Truth About Startups No One Tells You | Ep. 27 | Start It or Scrap It Podcast 17.07.2025 1:36:45
Send us Fan Mail 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 syndr...
How This One Networking Insight Changed Everything for Us | Ep. 26 | Start It or Scrap It Podcast 11.07.2025 1:36:12
Send us Fan Mail 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...
Hiring Nightmares & Entrepreneurship Tips | Ep. 25 | Start It or Scrap It Podcast 03.07.2025 1:39:00
Send us Fan Mail 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. ⏱ Times...
How Toxic Employees Kill Culture, Chick-fil-A & Leadership | Ep. 24 | Start It or Scrap It Podcast 26.06.2025 1:29:49
Send us Fan Mail 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 yo...
Gamifying SaaS, Smart Tax Moves & Working w/ Family | Ep. 23 | Start It or Scrap It Podcast 19.06.2025 1:38:28
Send us Fan Mail 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...
What Really Makes You an Entrepreneur? | Ep. 22 | Start It or Scrap It Podcast 12.06.2025 1:38:20
Send us Fan Mail 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 launch...
How to Turn an Empty Field into Profit (w/ Joe Cover) | Ep. 21 | Start It or Scrap It Podcast 05.06.2025 1:32:30
Send us Fan Mail 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 Manage...
Starting a Business? Must-Know Legal Tips & Ideas | Ep. 20 | Start It or Scrap It Podcast 29.05.2025 1:36:13
Send us Fan Mail 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 Ren...
Can These Startup Ideas Survive in 2025? 🚀 | Ep. 19 | Start It or Scrap It Podcast 22.05.2025 1:44:18
Send us Fan Mail 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 targe...
Real Estate Investing Secrets Revealed 🏠💡 | Ep. 18 | Start It or Scrap It Podcast 15.05.2025 1:21:37
Send us Fan Mail 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 insight...
🚀 Startup Success Starts with Solving THIS One Thing | Ep. 17 | Start It or Scrap It Podcast 08.05.2025 1:37:55
Send us Fan Mail 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 blueprin...
Don’t Quit Your Job Yet! ✋ Startup Risks & Growth Tips | Ep. 16 | Start It or Scrap It Podcast 01.05.2025 1:17:27
Send us Fan Mail 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 yo...
🚀 Find a Co-Founder & Promote Your App! | Ep. 15 | Start It or Scrap It Podcast 24.04.2025 1:27:57
Send us Fan Mail 🎙 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...
💡 From Fidget Spinners to Cybertrucks: Crazy Ideas That Worked | Ep. 14 | Start It or Scrap It 17.04.2025 1:32:38
Send us Fan Mail 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 wo...
🚀 Small Business Burnout & Shopify Secrets | Ep. 13 | Start It or Scrap It Podcast 10.04.2025 1:31:31
Send us Fan Mail 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 pass...
📈How to Start a Small Business: Client Struggles, Loan Drama & More | Ep. 12 | Start It or Scrap It 03.04.2025 1:24:56
Send us Fan Mail 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?...
💡 Startup Ideas You Should Launch Today | Ep. 11 | Start It or Scrap It 27.03.2025 1:26:46
Send us Fan Mail 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 h...
🚀 Online Business Ideas You Can Start Today | Ep. 10 | Start It or Scrap It Podcast 20.03.2025 1:07:19
Send us Fan Mail 🎙 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 va...
AI, Art & Subscription Startups | Ep. 9 | Start It or Scrap It Podcast 13.03.2025 1:35:05
Send us Fan Mail 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...
The Truth About Competing with Google – Can It Be Done? | Ep. 8 | Start It or Scrap It Podcast 06.03.2025 1:27:04
Send us Fan Mail 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 IoT sta...
The Secrets to Selling SaaS Successfully | Ep. 7 | Start It or Scrap It Podcast 27.02.2025 1:16:21
Send us Fan Mail 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...
Esports for Education, Franchises, and Fitness Influencers | Ep. 6 | Start It or Scrap It Podcast 20.02.2025 1:27:03
Send us Fan Mail 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...
Wildfire Protection: Can This CO2 Solution Save California? | Ep. 5 | Start It or Scrap It Podcast 13.02.2025 1:28:13
Send us Fan Mail 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...
AI Startups, Nonprofits, and Side Hustles | Ep. 4 | Start It or Scrap It 06.02.2025 1:27:26
Send us Fan Mail 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 focuse...
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