There’s no precise number of startups in the world, as startups can mean new ventures or existing businesses that recently changed their focus. The definition of a startup is mostly determined by whether the company has funding from outside. Many startups seek out funding from outside sources when they are ready to go public. It takes an average of between 10 and 20 years before it can achieve Enterprise status. Anyone who is interested in starting a business must decide if their venture is likely to become established.
The post-Covid-19 world is increasingly dependent on technology, and it’s the perfect time to think of new tech startup ideas that could benefit from the digital age. Tech startup ideas can be inspired by applications for mobile devices, software development and big data analysis.
If you’re a fan of design and an aptitude for creating audio content, consider starting your own podcast. This is an easy and flexible business idea that doesn’t require expensive equipment.
Ridesharing is another well-known business concept. It provides the freedom and flexibility that comes with entrepreneurship, without requiring a large amount of capital up front. If you own a car and are a social person it’s a great way to make some extra money in the form of a side income.