There’s no definitive amount of startups in the world, since startups can mean new ventures as well as existing businesses that have recently shifted their focus. But the definition of a “startup” generally depends on whether a company has outside capital, which a lot of startups seek out when they’re ready for launch. The typical startup takes between 10 – 20 years to achieve the status of Enterprise and those looking to establish their own business should take the time to assess whether they’re able to grow into a well-established company.
After the Covid-19, the globe is more dependent on technology. It’s time to consider new tech startup ideas. Tech startup ideas can be founded on applications for mobile devices, software development and big data analysis.
Consider creating a podcast if are a fan of audio and design. It’s an easy and flexible business idea that doesn’t require expensive equipment.
Another popular business idea is ridesharing, which provides the freedom and autonomy of entrepreneurship, without a large amount of capital upfront. This is a fantastic side income opportunity if you own your own car and you enjoy working with people.