“Making collaborative entrepreneuring and innovating,
do-able, affordable and bankable.”

Creating new ventures – no money down

How you can create new ventures with none of your own money – or no money at all!

Got no money?

To start a new business venture you’ve got to have money. Then more money. Then more! Right? Well yes – and no!

Without money, or without your own money, you still have options…



1 Use O.P.M.

First, you can use O.P.M. – or other people’s money.

For example, you can:

  1. Call on the familiar 3 F’s – family, fools and friends – to give, or loan, you the money – plus use your own ‘sweat equity’.
  1. Use any major assets – especially a home or property – you have, as collateral to borrow from a bank or credit union.
  1. Use other people’s assets – e.g. by their agreement your parent’s house – as collateral for loans.
  1. While you’re on salary, get as many credit cards, with as high limits as possible. Then use that unsecured debt to start your venture.  The interest is high, but the minimum monthly payments are low, which is handy in the early start-up phase.
  2. Before launch, and while you are still on salary, apply for a large bank personal loan.
  1. Let others pay for your learning. When you know the sort of business you want moneyto set up, go and work for someone in the industry first, and learn the ropes.  So you avoid the biggest and most costly mistakes.
  1. Bring investors into your venture as equity partners. For example many Angels are early stage investors.  And they’ve funded many companies that are now highly successful including Costco, Yahoo and Google.  See, the on-line Angel investment platform, Gust.  And Australia’s Angel community. See, however, Australia’s greedy, nasty, venture capital.
  1. Try micro-venture funds like Blackbird Ventures, backed by Atlassian co-founder Mike Cannon-Brookes. Square Peg Capital, backed by James Packer and Seek co-founder, Paul Bassat.  Tank Stream VenturesM H Carnegie & Co.   See, also,  Tax free investments.
    1. Research, peer-to-peer crowd-funding, and use one of the 500 or so equity or rewards crowd-funding sites that now exist.


  1. Try on-line lending services like OnDeck and Kabbage [US-based]. Kabbage has now extended into Australia with Kikka Capital.
  1. Talk with Australian capital brokers like Private Equity Australia
  1. Pre-sell enough of your products or services to launch. US Entrepreneur, Priska Diaz, raised $ US 50,000 for her company Bittylab by pre-selling her Bare air-free baby bottles. These presales gave Diaz cash for her inventory, opened a few retail doors, and taught her about her website’s visitors.
  1. Be highly creative in the ways you fund e.g. Rent out your home or rooms through Airbnb.  Get your parents to pre-pay you 50% of what they will leave you in their will.
  1. Sell any saleable assets such as a car, shares, property, or valuable stamp collection.
  1. Research and apply for Australian Federal government grants. Check out your own State’s Small Business loans and grants as well.  Most consultants in this arena work for an agreed percentage of the loan or grant without any upfront fees.
  1. Research businesses that require little capital. For example, look at some of the businesses advertised on eBay.  Or sell digital products through ClickBank.com
  1. Build on the five options listed here.


2 Use money alternatives


As entrepreneurs,barter our main role is to create resources where none existed before – or at least not in that form – and apply them to the Purpose of our business.

We might buy and own those resources.  Or we might create, design, borrow, beg, barter, lease, hire, annex them.  Preferable!

Money is merely one medium of exchange.  There are many others you might use in place of money, including:  Bartering of:  Time, skills.  Unused assets.  Equity swaps.  Alternative currencies.  

See, as one example, the sharing economy.

Each resource you acquire in these ways, reduces your need for capital.


3 Bootstrap your venture

Thirdly, you may decide to act as a solo entrepreneur and bootstrap your ventures.


That is, you start an internet-based, or other venture, wbootstraphere you:

  • use only resources like computers, the internet, content, your time, your network of contacts that you already own and have already paid for
  • get contracts ahead of launching your venture, and use your operating revenues to pay all costs – while working from home
  • call on credits cards or other external finance as we mentioned earlier
  • add another venture to an existing business – owned by you or someone else – and where that first business covers all the costs  of your venture.  So your net sales equal net profit.


4 Join a ‘no money down’ venture team

No money down venture teams [NMDVTs]  are an increasingly vital part of the changing face of economic and social capital… You may well want to take part!

  • NMDVTs combine different elements of all 3 options above
  • NMDVTs mean you don’t put any of your money down up front – but maybe others do. Instead you share your innovations, invest your time, your brains and your sweat to grow both your innovations, and those of the rest of the team – while sharing both risks and returns in a portfolio of opportunities.
  • NMDVTs mean no cash down – but you may use money equivalents
  • NMDVT’s usually mean no costs, fees, salaries are paid – other than from the sales and cash flows of the successful business


Payment by results

For example, payment by results might mean

  • you have no upfront product or service costs.
  • your chief resource is your time and skills, and that of others in the team.
  • you use platforms like LinkedIn, and your networks, to promote your ventures, plural.
  • others promote your business with no upfront costs. You pay commissions from sales actually made, when the sale is made and the cash is in the bank e.g. affiliate marketing programs.
  • you pay no wages or salaries. All team members share equity and work part-time so they can feed themselves. This is how we launch the ventures of venture bank, New Enterprise Services.
  • your full-time key team’s remuneration is tightly linked to gaining equity-based on actual performance – see the new organizational forms developed by ‘gazelles’.
  • your directors and advisors gain no time-based fees or retainers. Instead they gain fees or equity from achievements they deliver.


Examples of NMDV

Great examples, of no money down ventures include when you, with others:

  • become part of the sharing economy.
  • partner to merge two existing businesses –  when you don’t own them – and use the assets, resources, and cash flow, to launch or buy a third.
  • reach an equity-sharing agreement where you use the total resources of another business to launch your venture.
  • use your own business, with all overheads covered, to create new zero-cost ventures. See, however, The myth of the zero-cost internet business.
  • form your own StartUp using any of seven different ways to create and build it – no money down.
  • get your clients to fund your new product development.
  • share the way you use unused and under-used assets.
  • join a special purpose member network where members promote, and provide resources to each other – no money down.
  • become a collaborative developer of intellectual property.
  • collaboratively create and market a portfolio of intellectual property.
  • learn how to use direct equity sharing.


Access your special teams to assist

Here, from other web sites, and through your own network, you can access or create five different no money down venture teams.  In their own way, each team shares with you how you create, grow and prosper your multiple ventures – no money down.


These five teams are:


  1. the results-focused CEO Mentor team.
  2. the Venture Bank team at New Enterprise Services.
  3. the Venture Bank team at Alchimie Innovators.
  4. a new dedicated no many down ventures membership team which is starting to form now, and which you may be eligible to join
  5. your own portfolio of opportunities team that you bring together.

One or many

Your ventures may be one or many.  They can be business or non-business.  For profit or not-for-profit.  They can be solo shows.  But far preferably your ventures will be many, and collaborative.


 More information

For more information, contact the Founder of C.E.O Mentor, and Co-founder of two venue banks, Neville Christie.   No charge.  No obligation.

Melbourne 0420 978 932