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 Profit from Gaming (The Business Most People Miss) | Ep. 50 | Start It or Scrap It Podcast

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    Everyone wants to “make money in gaming”… but most people chase the wrong business.

    In Episode 50 of Start It or Scrap It, Mike and Gummi break down why the real profit in gaming isn’t streaming, esports, or selling gear — it’s offering gaming experiences that parents, neighborhoods, and event planners will actually pay for.

    We dig into:
    • How gaming trucks and mobile lounges really make money
    • The psychology behind why families book them
    • Why AR and mixed-reality gaming are the next frontier
    • What TikTok gets wrong about “easy” gaming businesses
    • How to market experience-based businesses the right way

    If you’ve ever considered launching a gaming business — or just love the industry — this episode gives you the roadmap nobody else is talking about.

    Available on Spotify, Apple Podcasts & all major platforms.

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    👍 Subscribe for weekly breakdowns of real business ideas.

    #Entrepreneurship #GamingBusiness #SmallBusiness #StartItOrScrapIt #BusinessIdeas

    1 hr 4 min
  • Before You Start a Business… Watch This First | Ep. 49 | Start It or Scrap It Podcast

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    Most people think entrepreneurship is: Start a business → get customers → make money → get rich.

    But that’s not the real story.

    In Episode 49, Mike & Gummi break down the actual realities of starting and running a business — the uncertainty, the financial pressure, the endless problem-solving, and why most people never see the months (or years) of work before a business even opens.

    They dig into:
    • Why most people shouldn’t start a business
    • The hidden work nobody sees
    • How to reduce your responsibilities to create space for entrepreneurship
    • What appearance, professionalism, and first impressions really signal
    • Why social events outside the office build real business relationships
    • Why franchises can be a smarter path than building from scratch
    • The danger of thinking entrepreneurship equals instant wealth

    Plus — the guys answer Reddit questions live, including:
    ⭐ “Should I buy 20 franchises if I want to make $10M?”
    ⭐ “Can I start a true-crime themed food truck?”
    ⭐ “What do I do if my business degree taught me nothing?”

    If you’re considering entrepreneurship or growing a business of your own — this episode is required listening.

    #Entrepreneurship #SmallBusiness #StartItOrScrapIt #StartupLife #BusinessAdvice #Franchising #Marketing #Leadership

    1 hr 7 min
  • How to Deal with Rude Customers (Without Losing Your Mind) | Ep. 48 | Start It or Scrap It Podcast

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    Every business owner has dealt with that customer — the one who emails angrily on a Friday, demands instant responses, or expects Amazon-level service from a small team.

    In this episode, Mike & Gummi dive into how to set boundaries, train your customers, and protect your sanity while keeping your business running smoothly.

    They also take questions from TikTok and Reddit, including:

    - How to market local physical businesses on a budget
    - Whether “Every Door Direct Mail” (EDDM) is worth it
    - And a Reddit idea about renting metal detectors at the beach that might actually be genius.

    🎧 Watch or listen for practical business advice, sharp humor, and a few surprisingly great side hustles.

    Available on Spotify, Apple Podcasts & all major platforms.

    Follow Start It or Scrap It for weekly insights:
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    #Entrepreneurship #CustomerService #BusinessTips #StartItOrScrapIt #SmallBusiness

    1 hr 3 min
  • Boring Businesses Make the Most Money | Ep. 47 | Start It or Scrap It Podcast

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    Why do the most boring businesses quietly make the most money? In this episode, Mike Terkanian and Gummi Sigurdarson break down why laundromats, pest control, and even septic tank companies can outperform flashier startups — and how real entrepreneurs find profit in the “unsexy” corners of business.

    They also dive into the rise of AI in small business — from a 60-year-old carpenter catching hate online to the blurred lines between creativity, automation, and copyright.

    Topics include:
    - How “boring” businesses win big by solving real problems
    - Why sales is the most valuable entrepreneurial skill
    - The danger of ignoring marketing when building an app
    - When equity beats cash in small business deals
    - The truth about AI creativity and copyright law

    💡 If you love real business talk (no fluff, no hype), hit Subscribe.

    📺 Full playlist: https://www.youtube.com/@StartItorScrapIt

    #Entrepreneurship #SmallBusiness #StartupTips #Marketing #AI #StartItOrScrapIt

    1 hr 4 min
  • How Good Is This Idea? 💡You Don’t Need to Reinvent the Wheel | Ep. 46 | Start It or Scrap It Podcast

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    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 after getting excited.
    - How to handle client weirdness and still close successfully.
    - A Reddit breakdown: personalized chocolate hampers, drive-through flower farms, and AI in bookkeeping.

    🎧 Available on Spotify, Apple Podcasts & all major platforms.

    📲 Follow Start It or Scrap It for weekly insights:
    Instagram → https://instagram.com/startitorscrapit
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    X → https://x.com/StartItScrapIt
    LinkedIn → https://www.linkedin.com/in/startitorscrapit/

    #Entrepreneurship #StartupIdeas #AI #BusinessGrowth #StartItOrScrapIt #SalesTips #SmallBusiness #Marketing

    1 hr 8 min
  • Why You’re Always Busy (But Not Productive)⏰ | Ep. 45 | Start It or Scrap It Podcast

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    ⏰ 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 fatigue (and how to avoid it)
    👥 Why most meetings are productivity killers
    🔁 The difference between working in your business vs. on it
    🧩 How to delegate, automate, and set clear boundaries
    ⚙️ Real examples from their own businesses — what they scrapped, streamlined, and saved time on

    👉 If your to-do list feels endless but your progress doesn’t — this one’s for you.

    🎧 Available on Spotify, Apple Podcasts & all major platforms.

    📲 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/

    #StartItOrScrapIt #Entrepreneurship #Leadership #Productivity #TimeManagement #Delegation #SmallBusiness #StartupAdvice

    1 hr 6 min
  • What Golf Teaches You About Leadership, Patience & Winning ⛳ | Ep. 44 | Start It or Scrap It Podcast

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    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 and long-term strategy
    💼 Why knowing when not to swing is as valuable as taking the shot
    🧠 The difference between confidence and ego in both golf and business
    🎯 How great entrepreneurs “course-correct” when plans go off track

    Whether you’re a business owner, team leader, or startup founder, you’ll walk away with lessons that go far beyond the fairway.

    🎧 Available on Spotify, Apple Podcasts & all major platforms.

    📲 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/

    #StartItOrScrapIt #Entrepreneurship #BusinessMindset #GolfLife #Networking #Leadership #StartupAdvice

    1 hr 5 min
  • AI Is Here to Stay 🤖 | Buying, Selling & Growing Businesses in 2025 | Ep. 43 | Start It or Scrap It

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    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 for pennies on the dollar
    ✅ What makes a client list actually valuable
    ✅ Why local SEO can outperform decades of word-of-mouth
    ✅ The truth about building realistic income expectations
    ✅ How to find (and fix) the marketing problems that sink most startups

    🎯 Whether you’re buying, selling, or scaling your business — this episode gives you the strategy and mindset to do it smarter.

    📺 Catch all episodes: https://www.youtube.com/@StartItorScrapIt

    #StartItOrScrapIt #Entrepreneurship #AI #SmallBusiness #MergersAndAcquisitions #StartupTips #Leadership #DigitalMarketing #WorkCulture #Podcast

    1 hr 30 min
  • How to Manage Time (Without Losing Your Mind) ⏰ | Start It or Scrap It Ep. 42

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    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 keep your team accountable without burnout

    🎙 Plus — a bonus discussion on dopamine, digital penguins, and whether or not Clippy deserves a comeback.

    📅 New episodes every Thursday!

    #StartItOrScrapIt #Entrepreneurship #Productivity #TimeManagement #SmallBusiness #StartupTips #BusinessMindset

    1 hr 31 min
  • Is This a Good Idea? | Ep. 41 | Start It or Scrap It Podcast

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    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 ask before saying yes

    Whether you’re chasing your first venture or refining your tenth, this episode will sharpen your decision-making skills.

    🎧 Listen on Spotify, Apple & all podcast platforms

    📲 Follow us for weekly startup insights:
    IG → 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/

    #BusinessIdeas #StartupTips #Entrepreneurship #SmallBusiness #StartItOrScrapIt #BusinessGrowth

    1 hr 25 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.…