There is no exact number of startups around the world. Startups can be new ventures, or existing businesses that have recently changed their focus. The definition of a startup is determined by whether the business has external funding. Many startups will require outside funding once they are ready to go public. It takes an average startup between 10 and 20 years to reach the status of Enterprise. People who are interested in starting a business should consider whether their business has the potential to be established.

The post-Covid-19 world is increasingly dependent on technology, and it’s an ideal moment to think about fresh tech startup ideas that will benefit from the digital era. Software development, mobile applications and big data analysis are just some of the potential domains for tech startup ideas.

If you’re an artist with an eye for design and have a knack for making audio content, think about making your own podcast. This is an easy and flexible business idea that doesn’t require any expensive equipment.

Another popular business idea is ridesharing. It offers the freedom and autonomy of entrepreneurship, without a large amount of initial capital. This is a great income possibility if you own a vehicle and enjoy working with people.