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