Start It or Scrap It

Michael Terkanian and Mr. Gummi
  • 5.0 (1)
  • ENTREPRENEURSHIP
  • UPDATED WEEKLY

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!

  1. Why Most Podcasts Fail (And What Founders Get Wrong)

    2D AGO

    Why Most Podcasts Fail (And What Founders Get Wrong)

    Most podcasts don’t fail because of bad microphones, bad cameras, or bad editing. They fail because founders misunderstand branding, audience, and consistency. In Episode 59 of Start It or Scrap It, Mike Terkanian and Gummi Sigurdarson break down: - Why most podcasts never make it past a few episodes - What “brand” actually means (and why it’s more than a logo) - The difference between starting content and building an audience - Why exposure, patience, and systems matter more than talent - Common mistakes founders make when launching podcasts, software, and fast-food brands - How to think about franchising, licensing, and company-owned growth - Why good businesses start by solving problems — not chasing trends This episode is for founders, operators, and entrepreneurs who want real answers, not motivational noise. 🎙 Start It or Scrap It is a founder-focused podcast where we break down business ideas, branding decisions, growth strategies, and hard truths from the messy middle of building companies. #podcast #entrepreneurship #branding #founders #startups #businesspodcast #contentcreation #marketingstrategy #smallbusiness #buildinpublic #operatorlife #startitorscrapit

    1h 4m
  2. How to Become the First Call Your Clients Make

    FEB 19

    How to Become the First Call Your Clients Make

    What if the goal wasn’t to close the deal today, but to become the person clients call for everything? In Episode 58 of Start It or Scrap It, we break down why long-term businesses win by prioritizing relationships over commissions, service over shortcuts, and trust over transactions. From travel agencies to professional services, we discuss: - Why helping even when you don’t get paid builds loyalty - How customer service becomes your strongest sales tool - The mindset shift that keeps clients coming back - When “free” work actually makes business sense If you’re building a business and want clients who stick with you, this episode is for you. 🎧 Listen now and drop your questions in the comments. Follow Start It or Scrap It for weekly insights: Instagram → https://instagram.com/startitorscrapit TikTok → https://tiktok.com/@start.it.or.scrap.it X → https://x.com/StartItScrapIt LinkedIn → https://www.linkedin.com/in/startitorscrapit/ Alternate Titles: Why the Best Businesses Don’t Chase Commission The Customer Service Mindset That Actually Scales Why Helping for Free Pays Off Later This Is How You Build Real Client Loyalty #Entrepreneurship #SmallBusiness #BusinessPodcast #StartItOrScrapIt #CustomerService

    1h 8m
  3. I Quit My Job… Now What? The Truth About Starting from Scratch

    FEB 12

    I Quit My Job… Now What? The Truth About Starting from Scratch

    Quitting your job is one thing. Figuring out what comes next is another. In episode 57 of Start It or Scrap It, we talk through the reality that hits after you walk away from a steady paycheck and try to launch your first product. The uncertainty. The fear. The slow starts. And the mindset shifts that actually matter if you want to survive the early stages of building something on your own. We break down: - What the “post-quit” phase really feels like - Why early traction is often slower than expected - How niche products can still be real businesses - What success actually looks like in the first year - Why most people underestimate how hard this stage is If you’re thinking about quitting your job, already did, or are somewhere in that uncomfortable middle ground, this episode will feel very familiar. Follow Start It or Scrap It for weekly insights: Instagram → https://instagram.com/startitorscrapit TikTok → https://tiktok.com/@start.it.or.scrap.it X → https://x.com/StartItScrapIt LinkedIn → https://www.linkedin.com/in/startitorscrapit/ Alternate Titles Thinking About Quitting Your Job? Watch This First What Happens After You Quit Your Job to Build a Product The Scariest Part of Quitting Your Job Isn’t What You Think #entrepreneurship #startuplife #founderjourney #quityourjob #productlaunch #smallbusiness #businesspodcast #startitorscrapit

    1h 2m
  4. Business Truths Students NEED to Hear (LIVE at Neumann Goretti High School!)

    FEB 5

    Business Truths Students NEED to Hear (LIVE at Neumann Goretti High School!)

    This is a special one. For the first time ever, Start It or Scrap It was recorded LIVE in front of a full student, alumni, and faculty audience at Saints Neumann Goretti High School in South Philadelphia. We were invited by School President Timothy Cairy to come in and not only record an episode but also teach students how a podcast is actually made: from setup, to lighting, to marketing, to the conversation itself. During this event, we answered tough questions about: - how to start a business at any age - what entrepreneurship is REALLY like - how to build discipline and avoid burnout - why most startups fail - how to pick the right business ideas - leadership, mindset, patience, and risk-taking - what we both wish we knew at 17 A HUGE thank you to the people who made this live episode possible: Timothy Cairy Carter Karpinski Nikki Kane The staff/alumni/student body who attended our event at Saints Neumann Goretti High School Your hospitality, energy, and engagement made this one of the most meaningful episodes we’ve ever recorded. 🎙 About the Show Start It or Scrap It is hosted by Mike Terkanian and Gummi Sig. Every week we break down real business problems, startup challenges, leadership lessons, and what it actually takes to build something from scratch. If you're a student, employee, or aspiring entrepreneur trying to figure out where to start: this episode is for you. Follow Start It or Scrap It for weekly insights: Instagram → https://instagram.com/startitorscrapit TikTok → https://tiktok.com/@start.it.or.scrap.it X → https://x.com/StartItScrapIt LinkedIn → https://www.linkedin.com/in/startitorscrapit/ Alternative Titles Business Truths Students NEED to Hear (Live at Neumann Goretti!) We Recorded a LIVE Episode at a High School — Here’s What Happened Real Entrepreneurship Advice for Students (Live Audience Episode!) The Business Lessons I Wish I Learned at 17 | LIVE Podcast Event Students Ask the TOUGHEST Business Questions (Live Episode!) #entrepreneurship #businessadvice #students #leadership #startupmindset #neumanngoretti #startitorscrapit #businessowners #motivation #podcastlive

    1h 5m
  5. Do NOT Form an LLC Until You Watch This (2026 Update)

    JAN 29

    Do NOT Form an LLC Until You Watch This (2026 Update)

    FORM YOUR LLC in 2026 — the smart way, not the expensive way. In episode 55 of our show, Mike & Gummi break down the real differences between LLCs, S-Corps, DBAs, and C-Corps — and how to avoid the costly filing mistakes that destroy new businesses every year. We cover: - When you should start an LLC - When you absolutely should NOT - How to avoid predatory filing services - What structure protects you legally - What structure saves you money on taxes - The REAL timeline for going from “idea” to “legal business” If you’re about to start a business in 2026, this episode will save you time, money, and headaches. Follow Start It or Scrap It for weekly insights: Instagram → https://instagram.com/startitorscrapit TikTok → https://tiktok.com/@start.it.or.scrap.it X → https://x.com/StartItScrapIt LinkedIn → https://www.linkedin.com/in/startitorscrapit/ Alternate Titles 2️⃣ “LLC vs S-Corp: The TRUTH Entrepreneurs Need in 2026” 3️⃣ “Forming an LLC in 2026? Here’s What They Don’t Tell You” 4️⃣ “Stop Wasting Money on LLC Filings! (Do This Instead)” 5️⃣ “New Entrepreneurs Make This LLC Mistake Every Time” 6️⃣ “LLC Setup 2026: What Actually Matters (and What Doesn’t)” 7️⃣ “LLC in 2026: Should You File Now or Wait?” 8️⃣ “The Biggest LLC Scam New Business Owners Fall For” 9️⃣ “LLC vs DBA vs S-Corp: Which One Should You Pick?” 🔟 “This Will Save You Thousands When Starting a Business” #llc #smallbusiness #businessstartup #entrepreneurship #businesslaw #startitorscrapit #legaladvice #businessideas #taxes #2026

    1h 2m
  6. You’re Trusting the Wrong Thing in Your Business (And It’s Costing You Money)

    JAN 22

    You’re Trusting the Wrong Thing in Your Business (And It’s Costing You Money)

    Most business owners think their problem is marketing. It’s not. In this episode of Start It or Scrap It, we break down why founders trust the wrong signals — platforms, tools, dashboards, and agencies — instead of focusing on what actually drives results. We talk about: Why ad platforms don’t tell you the full story The difference between tools and strategy Why throwing money at ads doesn’t fix broken businesses How founders misread “data” and miss the real problem What you should be paying attention to instead If your ads “aren’t working,” this episode will probably make you uncomfortable — and that’s the point. Follow Start It or Scrap It for weekly insights: Instagram → https://instagram.com/startitorscrapit TikTok → https://tiktok.com/@start.it.or.scrap.it X → https://x.com/StartItScrapIt LinkedIn → https://www.linkedin.com/in/startitorscrapit/ Alternate Titles Why Most Business Owners Trust the Wrong Metrics The Biggest Mistake Small Businesses Make With Marketing This Is Why Your Ads Aren’t Working #Entrepreneurship #SmallBusiness #Marketing #BusinessStrategy #Startups #FounderAdvice #StartItOrScrapIt

    1h 4m
  7. The Real Way Founders Will Scale in 2026 (Buy Back Your Time!)

    JAN 15

    The Real Way Founders Will Scale in 2026 (Buy Back Your Time!)

    Most founders don’t fail because their idea is bad — they fail because they try to do everything themselves. In episode 53 of Start It or Scrap It, we break down what it really means to buy back your time — and why delegation, hiring, and pricing correctly aren’t expenses… they’re leverage. We talk about: Why being busy ≠ being productive The difference between being self-employed vs. owning a business How founders trap themselves doing low-value work When hiring actually makes you more money, not less Why burnout is often a systems problem, not a motivation problem If your business feels like it owns you instead of the other way around, this episode will change how you think about growth. Follow Start It or Scrap It for weekly insights: Instagram → https://instagram.com/startitorscrapit TikTok → https://tiktok.com/@start.it.or.scrap.it X → https://x.com/StartItScrapIt LinkedIn → https://www.linkedin.com/in/startitorscrapit/ Alternative Titles: Why Doing Everything Yourself Is Killing Your Business The Hidden Cost of Being “Hands-On” as a Founder Stop Being Busy — Start Buying Back Your Time The Difference Between Owning a Job and Owning a Business #Entrepreneurship #SmallBusiness #BusinessOwner #FounderLife #Startups #Delegation #TimeFreedom #BusinessGrowth #ScalingBusiness #StartItOrScrapIt

    1h 12m
  8. You Need a Contract — Here’s Why Most Business Owners Get Burned | Ep. 52 | Start It or Scrap It Podcast

    JAN 8

    You Need a Contract — Here’s Why Most Business Owners Get Burned | Ep. 52 | Start It or Scrap It Podcast

    Most business owners don’t think they need a contract… until something goes wrong. In Episode 52 of Start It or Scrap It, Mike and Gummi break down why contracts aren’t about being “formal” or “corporate” — they’re about clarity, protection, and survival. We cover: - Why verbal agreements fail when things get tense - The real cost of “we’re cool, we don’t need paperwork” - How contracts protect both sides - The difference between trust and documentation - Why contracts actually make relationships cleaner, not colder - Common contract mistakes founders make early on - How lack of structure destroys company culture fast If you’re running a business, freelancing, hiring, partnering, or selling services — this episode is a must-watch. Follow Start It or Scrap It for weekly insights: Instagram → https://instagram.com/startitorscrapit TikTok → https://tiktok.com/@start.it.or.scrap.it X → https://x.com/StartItScrapIt LinkedIn → https://www.linkedin.com/in/startitorscrapit/ #Entrepreneurship #SmallBusiness #Contracts #BusinessLaw #StartupMistakes #FounderAdvice #StartItOrScrapIt #BusinessTips #LegalBasics

    1h 3m
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About

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!

Information

  • Creator
    Michael Terkanian and Mr. Gummi
  • Years Active
    2025 - 2026
  • Episodes
    59
  • Rating
    Clean
  • Copyright
    © 2026 Start It or Scrap It
  • Show Website
    Start It or Scrap It