The first thing I turned was a set of traction wheels for a pickup winder project, using a suitable scrap piece of 50-year-old birch. Then I turned a pair of 5B drumsticks out of maple.
Every time I make a maple guitar neck I get two scrap pieces just long and thick enough to make drumsticks. I have quite a few of these pieces, and sometimes the wood intended for a neck has a knot in a bad place and I have to make something else of the blank. I have previously made some toast pliers out of scrap maple. Now that I have a lathe I can turn drumsticks.
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You can buy a pair of drumsticks for 10 bucks and it takes a while to turn them on a manual lathe, so this is no good business idea- but that's not the point. The point is using every piece of scrap wood I have for musical instruments or accessories. Here come my first sticks: