There’s no definitive number of startup companies in the world, as startups can be new ventures or established businesses that have recently shifted their focus. But the definition of a “startup” generally depends on whether a business has external funding, which is something that many startups will require when they’re ready to launch. The typical startup takes between 10 to 20 years to reach Enterprise status and those interested in starting their own business should examine whether they are able to become an established company.
After the Covid-19, the world is more dependent on technology. It’s the time to think about new tech startup ideas. Tech startup ideas can be based on software development, mobile apps and big data analysis.
If you’ve got an eye for design and have a knack for creating audio content, consider making a podcast. It’s an easy and flexible business idea that doesn’t require any expensive equipment.
Another business concept that is popular is ridesharing. It offers the freedom and flexibility of entrepreneurship without a significant amount of initial capital. If you own a vehicle and enjoy being a social person, this is an excellent opportunity to earn an extra income on the side.