There’s no specific amount of startups in the world, since startups can refer to new ventures as well as existing businesses that recently changed their focus. The definition of a startup is determined by the fact that the company has external funding. Many startups will seek out funding from outside sources when they are ready to go public. The average startup takes 10-20 years to attain Enterprise status, so those looking to start their own business should take the time to determine whether they’re able to grow into a reputable company.

The post-Covid-19 age is increasingly dependent on technology and it’s a good time to think of new tech startup ideas that will benefit from the digital era. Tech startup ideas could be built on software development, mobile apps and big data analysis.

Consider making a podcast if have a flair for audio and design. It’s an easy and flexible business idea that doesn’t require any expensive equipment.

Ridesharing is another popular business concept. It provides the freedom and independence that comes with being an entrepreneur, without the need for a significant amount of capital to start. This is a great side-income possibility if you own a car and enjoy working with other people.

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