There isn’t a precise count of startups in the world. Startups can be brand new companies, or those which have recently changed their focus. The definition of a startup is mostly determined by the fact that the company is funded by outside sources. Many startups will require outside funding once they are ready to go public. The average startup takes 10 to 20 years to achieve the status of Enterprise and those looking to start their own business should take the time to assess if they have the potential to grow into a reputable company.
The post-Covid-19 world is increasingly dependent on technology, and it’s an ideal time to think of new tech startup concepts that can benefit from the digital age. Tech startup ideas could be based on the development of mobile apps, software and big data analysis.
You might consider making a podcast if are a fan of design and audio content. This is an easy and flexible business idea that doesn’t require expensive equipment.
Ridesharing is another well-known business concept. It offers the freedom and autonomy associated with entrepreneurship without requiring a large amount of capital investment upfront. This is a fantastic side income opportunity if you own your own car and enjoy working with other people.