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Gamifying SaaS, Smart Tax Moves & Working w/ Family | Ep. 23 | Start It or Scrap It Podcast

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Manage episode 489706378 series 3657587
Content provided by Michael Terkanian and Mr. Gummi, Michael Terkanian, and Mr. Gummi. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Michael Terkanian and Mr. Gummi, Michael Terkanian, and Mr. Gummi or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

Welcome back to Start It or Scrap It! In this episode, we dig into the real stories behind LLC missteps, underused tax strategies, gamifying SaaS products, and why working with your kids could be your smartest business move. Whether you're launching a startup or scaling a company, you need to hear this.
⏱ Timestamps
00:00 – Intro
01:00 – Real client horror stories: LLCs done wrong
05:00 – What happens when you pocket cash as a contractor
10:00 – Legal vs. practical consequences of breaking the corporate veil
13:00 – The $60K tax bill that didn’t need to happen
16:00 – Who every profitable business owner needs on their team
20:00 – Why intergenerational entrepreneurship works
30:00 – How to teach your kids entrepreneurship early
35:00 – The tree company that started on the way to the bar
41:00 – More SaaS ideas & startup Q&A
58:00 – MVPs, Google Forms, and looking professional
1:05:00 – Course-building AI tools and the future of EdTech
1:19:00 – Best advice for 18-year-old developers: where to start
📢 Follow us for more startup 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 #smallbusiness #llc #businesstips #saas #gamification #edtech #taxstrategy #startupadvice #intergenerationalbusiness #mvp #businessstructure

  continue reading

23 episodes

Artwork
iconShare
 
Manage episode 489706378 series 3657587
Content provided by Michael Terkanian and Mr. Gummi, Michael Terkanian, and Mr. Gummi. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Michael Terkanian and Mr. Gummi, Michael Terkanian, and Mr. Gummi or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

Welcome back to Start It or Scrap It! In this episode, we dig into the real stories behind LLC missteps, underused tax strategies, gamifying SaaS products, and why working with your kids could be your smartest business move. Whether you're launching a startup or scaling a company, you need to hear this.
⏱ Timestamps
00:00 – Intro
01:00 – Real client horror stories: LLCs done wrong
05:00 – What happens when you pocket cash as a contractor
10:00 – Legal vs. practical consequences of breaking the corporate veil
13:00 – The $60K tax bill that didn’t need to happen
16:00 – Who every profitable business owner needs on their team
20:00 – Why intergenerational entrepreneurship works
30:00 – How to teach your kids entrepreneurship early
35:00 – The tree company that started on the way to the bar
41:00 – More SaaS ideas & startup Q&A
58:00 – MVPs, Google Forms, and looking professional
1:05:00 – Course-building AI tools and the future of EdTech
1:19:00 – Best advice for 18-year-old developers: where to start
📢 Follow us for more startup 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 #smallbusiness #llc #businesstips #saas #gamification #edtech #taxstrategy #startupadvice #intergenerationalbusiness #mvp #businessstructure

  continue reading

23 episodes

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