4 Ways to Start a Business with No Money

Stuart Frost
2 min readDec 8, 2020


Starting a business is a goal for many people, but many fail to follow through for the same reason — lack of money. What many people don’t know is that starting a business is more about resources beyond funding. If money is the only barrier to becoming a successful entrepreneur, here are four ways to start a business with no money.

The Most Valuable Resource

While money may seem like the most valuable resource when starting a business, great ideas actually contribute more to the bottom line. If you don’t have a clear idea on how to build a successful business, look at what other companies are doing and find ways to do it better. This may include higher quality customer service, offering similar products at lower prices, or tapping into markets that are overlooked.

Make a Plan

When you are ready to transform your idea into reality, start simple, and stay within the confines of your current resources. Make a clear plan on the steps that you will take, including benchmarks and milestones. The plan should be in writing so you can refer back to it as needed. Include details, such as a description of your brand, basic budget, action steps, and expected results. If the results don’t come to fruition, rather than putting more money into the approach, be creative, and find new ways to adapt.

Look for New Funding

Your pocketbook does not have to be the only financial resource for your new business. Start researching other avenues, such as crowdfunding, grants, angel investors, and small business loans. Many of these rely only on a great idea, knowledge of the market, and solid business plan. A little thought and research now make your business concept more attractive to those who are able to help you launch your new company.

Sound Financial Management

Look into the future and see yourself making incredible profits from your business. Set yourself up for success by introducing practices and sound financial management now. Keep fixed costs to a minimum, avoid unnecessary expenses, and minimize necessary expenses. The tools and techniques that you learn now will ensure that you are ready for the time when you transition from starting a business with no money to running a profitable company in the future.



Stuart Frost

Stuart Frost Laguna Niguel, has 30 years’ experience in founding and leading successful data management and analytics startups.