Start It or Scrap It

Start It or Scrap It

By Michael Terkanian and Mr. GummiBusinessEntrepreneurshipTechnologyMarketing
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Start It or Scrap It episodes

  • How To Start a Side Hustle With No Money (Real Ideas That Work)

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    What’s the best side hustle you can start with no money?

    In this episode of Start It or Scrap It, we break down real, practical side hustle ideas that don’t require capital — just execution.

    We get into:

    Service-based businesses you can start immediately
    How to use AI to find the right business for YOU
    Why niche markets are more powerful than you think
    Real examples of simple ideas turning into serious income
    The truth about scaling from “side hustle” to real business

    One of the biggest takeaways:
    👉 You don’t need money to start — you need willingness to do the work.

    📲 Follow Us:
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    1 hr 3 min
  • How To Protect Your Business When Employees Leave | Ep. 69 | Start It or Scrap It Podcast

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    What happens when employees leave… and start competing with you?

    In this episode of Start It or Scrap It, we break down a real-world scenario where a company gets split apart—and what it means for founders, employees, and growth.

    We get into:
    - Non-competes vs non-solicitation (and what they actually protect)
    - Why employees leave and take others with them
    - How private equity deals can trigger unexpected business shifts
    - The difference between experienced operators and people guessing
    - A marketing channel with extremely high close rates that most businesses misunderstand

    This is one of those conversations that shows how business actually works; not how people think it works.

    If you're building or managing a team, this one matters.

    #entrepreneurship #business #startups #founders #smallbusiness #businessgrowth #leadership #management #scaling #businessstrategy #noncompete #businesslaw #entrepreneurlife #foundermindset #teambuilding #companyculture #riskmanagement #operator #growthstrategy #startupadvice

    1 hr 8 min
  • The Business Ideas People Are Still Missing

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    Some of the best business opportunities don’t look obvious at first.

    In this episode of Start It or Scrap It, we break down ideas, assumptions, and patterns that most people either overlook or misunderstand.

    We get into:
    - Where people are thinking about business the wrong way
    - Opportunities hiding in plain sight
    - The gap between ideas and execution
    - Real-world insights from actually building

    If you’re a founder (or thinking about becoming one) this will challenge how you see opportunity.

    Follow Start It or Scrap It:
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    #entrepreneurship #businessideas #startups #founders #smallbusiness

    1 hr 3 min
  • The Future of Virtual Reality + Business Ideas You’re Not Seeing Yet

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    What does the future of virtual reality actually look like?

    In this episode of Start It or Scrap It, we break down real business ideas, including a VR concept that might be more viable than you think, and where this technology is actually heading over the next few years.

    We also get into:
    - How VR and AR could reshape everyday life
    - A niche VR business idea and how to monetize it
    - Why most people misunderstand market size
    - The real financial struggles behind starting a business
    - How scams are getting more sophisticated and how to protect yourself

    This episode blends future tech, real business insight, and hard-earned lessons from experience.

    If you’re building something or thinking about it, this is one you don’t want to miss.

    🎧 Listen now and drop your questions in the comments.

    Follow Start It or Scrap It for weekly insights:
    Instagram → https://instagram.com/startitorscrapit
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    Start It or Scrap It is a podcast where we break down startup ideas, business problems, and real-world entrepreneurial challenges. Sometimes the answer is to start it. Sometimes the answer is to scrap it.

    #virtualreality #augmentedreality #vr #ar #business #entrepreneurship #founders #smallbusiness

    1 hr 4 min
  • Why Business Partnerships Fail (And How to Avoid It)

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    Starting a business is one thing…
    but building it the right way is something completely different.

    In this episode of Start It or Scrap It, we break down real questions from founders and entrepreneurs, including:

    • how to get your first customers
    • the difference between working IN your business vs ON your business
    • why business partnerships fail (and how to avoid it)
    • how to structure a business with partners the right way
    • niche tools vs “everything for everyone” platforms

    We also discuss real-world examples of businesses failing due to poor partnerships and why choosing the right people matters more than almost anything else.

    1 hr 7 min
  • What To Do When Someone Copies Your Product

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    What happens when a competitor copies your product?

    For many entrepreneurs, it’s one of the most frustrating moments in business.

    In this episode of Start It or Scrap It, our hosts Mike Terkanian and Gummi Sigurdarson discuss:

    • What to do when someone copies your product
    • When comparisons and demonstrations may fall under fair use
    • Why specialized legal advice matters in business
    • The difference between expanding a business vs starting from scratch in a new market

    If you're building a business, protecting your ideas and understanding your legal options can make a huge difference.

    🎧 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
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    Start It or Scrap It is a podcast where we break down startup ideas, business problems, and real-world entrepreneurial challenges. Sometimes the answer is to start it. Sometimes the answer is to scrap it.

    #entrepreneurship
    #businesspodcast
    #startupadvice
    #businessstrategy
    #entrepreneurmindset
    #startupfounder
    #businessideas

    1 hr 4 min
  • Why Entrepreneurs Think Differently Than Everyone Else

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    What makes entrepreneurs think differently from everyone else?

    In this episode of Start It or Scrap It, hosts Mike Terkanian and Gummi Sigurdarson explore the mindset that separates entrepreneurs from the average professional.

    From risk tolerance and opportunity recognition to how founders evaluate decisions, the conversation breaks down why entrepreneurs often approach problems, careers, and life in ways that seem unusual to outsiders.

    If you’ve ever wondered why some people instinctively build businesses while others prefer stability, this episode dives into the psychology behind entrepreneurial thinking.

    Whether you're a founder, aspiring entrepreneur, or just curious about how business builders think, this discussion offers insight into the mindset that drives innovation.

    #entrepreneurship
    #entrepreneurmindset
    #founders
    #startups
    #businessmindset
    #businesspodcast
    #entrepreneurlife
    #startupfounder
    #leadership
    #businessstrategy

    1 hr 12 min
  • The Exact Hire That Changes Everything

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    Most founders hire based on urgency.
    Smart founders hire based on stage.

    In Episode 63 of Start It or Scrap It, we break down:

    • When to hire generalists
    • When specialists become necessary
    • Why hiring timing determines your growth ceiling
    • How to validate startup ideas before building them

    If your business feels stuck, your hiring strategy might be the reason.

    Alt Titles
    When to Stop Hiring Generalists
    The Hiring Shift That Unlocks Growth
    Most Founders Get This Wrong

    #entrepreneurship
    #leadership
    #founders
    #startup
    #businessgrowth
    #hiring
    #management
    #teambuilding
    #smallbusiness
    #scaling
    #businessstrategy
    #productmarketfit

    1 hr 4 min
  • Founder Syndrome: The #1 Reason Businesses Stop Growing

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    Most founders think their biggest problem is competition.
    It’s not. It’s control.

    In this episode, we break down Founder Syndrome — what it is, why it happens, and how it silently prevents businesses from scaling. We also talk about hiring, delegation, leadership psychology, and the hard truth every entrepreneur eventually learns:

    “If you can’t let go of control, you’ll never grow.” 

    We also answer live business questions from entrepreneurs about:
    - trusting employees
    - building teams
    - scaling operations
    - validating business ideas and when to borrow money to start

    If you're building a business, this episode will challenge how you think about leadership.

    ⏱️Timestamps
    0:00 – Intro & live Q&A format
    2:04 – The cleaning business growth problem
    3:38 – What Founder Syndrome really is
    6:46 – Why micromanaging kills growth
    7:07 – “No one cares as much as I do” problem
    8:07 – The 80% employee rule
    9:21 – Employees vs owners mindset
    13:38 – Starting a business after losing a job
    18:45 – Evaluating business ideas (Reddit question)
    21:22 – Gas stations, EVs, and future business models
    43:17 – Marketing with only $200 budget
    50:53 – Should you take a loan to start a business?

    Alternate Titles
    Why Founders Kill Their Own Growth (And Don’t Realize It)
    If You Can’t Let Go of Control, You’ll Never Grow
    The Truth About Founder Syndrome Nobody Talks About
    Are YOU the Bottleneck in Your Business?

    #entrepreneurship #founders #startups #businessgrowth #leadership #scalingbusiness #delegation #businessmindset #smallbusiness #startupadvice #founderlife

    1 hr
  • You Can Do Everything Right... And Still Fail

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    Starting a business isn’t about certainty. It’s about judgment.

    In Episode 61 we break down:
    - Why market research isn’t a guarantee
    - How founders actually make decisions
    - Why marketing matters more than product early on
    - The difference between borrowing money vs giving equity
    - Why even well-tested ideas can fail

    If you’re building something and waiting for certainty… 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 Market Research Doesn’t Guarantee Success
    The Reality Most Founders Learn Too Late
    Even Good Ideas Fail (Here’s Why)
    Data, Gut Instinct, and Business Risk

    🎙 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.

    #entrepreneurship #founders #startupadvice #businessstrategy #marketing #startups #smallbusiness #operatorlife #businesspodcast

    1 hr 4 min

About Start It or Scrap It

From the publisher's feed

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.…