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 relati...
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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 relati...
Is This a Good Idea? | Ep. 41 | Start It or Scrap It Podcast
Start It or Scrap It
1 hour 24 minutes
2 months ago
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...
Start It or Scrap It
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 relati...