Start It or Scrap It

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Start It or Scrap It

Michael Terkanian and Mr. Gummi

51 episodes

3 days ago

Most small business owners waste thousands of dollars a year on tools they don’t need. In Episode 51 of Start It or Scrap It, Mike and Gummi break down how to build the right tech stack for your business — one that actually supports your workflow instead of complicating it. In this episode we cover: 📌 Why most businesses overspend on software 📌 The 4 core tools every business truly needs 📌 How to pick tech that matches your process, not your wish list 📌 When to upgrade, downgrade, or stack ...

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Entrepreneurship

All content for Start It or Scrap It is the property of Michael Terkanian and Mr. Gummi and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.

Most small business owners waste thousands of dollars a year on tools they don’t need. In Episode 51 of Start It or Scrap It, Mike and Gummi break down how to build the right tech stack for your business — one that actually supports your workflow instead of complicating it. In this episode we cover: 📌 Why most businesses overspend on software 📌 The 4 core tools every business truly needs 📌 How to pick tech that matches your process, not your wish list 📌 When to upgrade, downgrade, or stack ...

Show more...

Entrepreneurship

Episodes (20/51)

Start It or Scrap It

The Tech You Actually Need to Run a Business | Ep. 51 | Start It or Scrap It Podcast

Most small business owners waste thousands of dollars a year on tools they don’t need. In Episode 51 of Start It or Scrap It, Mike and Gummi break down how to build the right tech stack for your business — one that actually supports your workflow instead of complicating it. In this episode we cover: 📌 Why most businesses overspend on software 📌 The 4 core tools every business truly needs 📌 How to pick tech that matches your process, not your wish list 📌 When to upgrade, downgrade, or stack ...

3 days ago

1 hour 3 minutes

Start It or Scrap It

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

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 fron...

1 week ago

1 hour 3 minutes

Start It or Scrap It

Before You Start a Business… Watch This First | Ep. 49 | Start It or Scrap It Podcast

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...

2 weeks ago

1 hour 6 minutes

Start It or Scrap It

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

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 ...

3 weeks ago

1 hour 2 minutes

Start It or Scrap It

Boring Businesses Make the Most Money | Ep. 47 | Start It or Scrap It Podcast

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...

1 month ago

1 hour 3 minutes

Start It or Scrap It

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

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 Reddi...

1 month ago

1 hour 7 minutes

Start It or Scrap It

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

⏰ 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 b...

1 month ago

1 hour 5 minutes

Start It or Scrap It

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

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...

1 month ago

1 hour 4 minutes

Start It or Scrap It

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

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...

1 month ago

1 hour 29 minutes

Start It or Scrap It

How to Manage Time (Without Losing Your Mind) ⏰ | Start It or Scrap It Ep. 42

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...

2 months ago

1 hour 30 minutes

Start It or Scrap It

Is This a Good Idea? | Ep. 41 | Start It or Scrap It Podcast

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, t...

2 months ago

1 hour 24 minutes

Start It or Scrap It

How to Start a Business: The Real Step-by-Step Guide 🚀 | Ep. 40 | Start It or Scrap It Podcast

Starting a business is exciting — but most people get it wrong. In this episode of Start It or Scrap It, we break down the real step-by-step process every entrepreneur should follow. From legal formation to branding to early marketing moves, we cover the crucial details that can save you time, money, and frustration. 🔥 What we cover in Episode 40: - The first legal step every founder MUST take - How to choose the right business structure (LLC, Corp, etc.) - Why branding early makes a bigger...

2 months ago

1 hour 38 minutes

Start It or Scrap It

How to Build Real Confidence as an Entrepreneur 💪 | Ep. 39 | Start It or Scrap It Podcast

Confidence isn’t something you’re born with — it’s built through action, feedback, and persistence. In Episode 39 of Start It or Scrap It, Mike and Gummi break down: - Why confidence comes from small wins, not big leaps - The link between preparation and performance - How failure can actually build resilience (if you let it) - Real-world lessons from business, public speaking, and leadership Whether you’re pitching investors, leading a team, or just starting out, this episode will help you...

2 months ago

1 hour 7 minutes

Start It or Scrap It

The Myth of Overnight Success 🚨 | Ep. 38 | Start It or Scrap It Podcast

Welcome back to Start It or Scrap It! In Episode 38, Mike and Gummi tackle one of the biggest lies in entrepreneurship: “overnight success.” From flashy social media claims to misleading business coaches, we break down what it really takes to build a sustainable business. Along the way, we dive into: - Why “overnight success” is a dangerous myth - The rare exceptions (and why they’re almost impossible to replicate) - Why a good assistant or CRM system can save you thousands in lost revenue ...

3 months ago

1 hour 31 minutes

Start It or Scrap It

Shiny Object Syndrome: The #1 Startup Killer | Ep. 37 | Start It or Scrap It Podcast

In Episode 37 of Start It or Scrap It, Mike and Gummi tackle the hidden trap that sinks more startups than bad ideas or lack of funding: shiny object syndrome. We break down: - Why chasing “the next thing” resets your business clock every time - Real-world examples of entrepreneurs spreading themselves too thin - How to pick one service or product and master it before expanding - The difference between being a jack-of-all-trades vs. building focused expertise - Why focus is the most underrat...

3 months ago

1 hour 35 minutes

Start It or Scrap It

Wild Startup Pitches, Pricing Traps & Brand Building | Ep. 36 | Start It or Scrap It Podcast

In Episode 36 of Start It or Scrap It, Mike and Gummi dive into the realities of starting and scaling — from side hustles and early hires to brand-new startup pitches straight from Reddit. Here’s what you’ll learn in this episode: -The real cost of your first hire (and what to do before you make it) - Why chasing “easy money” can derail your focus - Side hustles: which ones actually work vs. which ones drain your time - Startup pitch breakdowns: subscription car washes, snack box ventures &...

3 months ago

1 hour 33 minutes

Start It or Scrap It

How to Grow Your Business: Real Startup Lessons 🚨| Ep. 35 | Start It or Scrap It Podcast

On this episode of Start It or Scrap It, we tackle one of the most common (and toughest) questions in entrepreneurship: How do you grow a business the right way? Too often, founders focus on the wrong levers—more money, more people, more products—without a plan to sustain growth. We break down: - The difference between smart scaling vs. reckless expansion - Why growth without systems can destroy your company - How to balance short-term wins with long-term stability - Real-world stories of b...

3 months ago

1 hour 34 minutes

Start It or Scrap It

Time Management Isn’t Your Problem – This Is | Ep. 34 | Start It or Scrap It Podcast

You don’t have a time problem—you have a priorities problem. In Episode 34 of Start It or Scrap It, we break down why so many founders and professionals feel overwhelmed, unproductive, and stuck… and how to fix it. 🔥 Learn how to: - Stop wasting time on “fake work” - Set boundaries that protect your calendar - Recognize when you're just avoiding real decisions - Build a routine that actually supports your business We also review a real Reddit post from someone struggling to manage their si...

4 months ago

1 hour 32 minutes

Start It or Scrap It

Should You Hire Friends? Hard Truths Every Founder Must Hear | Ep. 33 | Start It or Scrap It Podcast

Hiring a friend can feel like the perfect solution—built-in trust, easier communication, shared vision. But what happens when things go sideways? In Episode 33 of Start It or Scrap It, Mike and Gummi dig into one of the hardest business decisions: should you hire friends or family? From mismatched effort and pay issues to the potential for destroyed relationships, we break down real-life stories and tactical advice you can use to avoid costly mistakes. We also dive into questions about hand...

4 months ago

1 hour 37 minutes

Start It or Scrap It

How to Land a Job in 2025 (And What’s Holding You Back) | Ep. 32 | Start It or Scrap It Podcast

The job market in 2025 is tough—but most people are making it even harder on themselves. In Episode 32 of Start It or Scrap It, we break down the biggest mistakes job seekers are making this year—from outdated resumes to invisible LinkedIn profiles. Whether you’re fresh out of school or trying to pivot careers, this episode delivers blunt, actionable advice to get hired faster. We also critique real Reddit posts from people struggling to find work and offer solutions no career coach will gi...

4 months ago

1 hour 43 minutes