There's no specific number of startups in the world. Startups may be new ventures, or established businesses who have recently changed their focus. However, the definition of "startup" generally is dependent on whether the company has outside funding, which many startups will seek out when they're ready for launch. It takes an average startup between 10 to 20 years to attain Enterprise status. Those who are interested in launching a company must determine if the company is likely to become established.

The post-Covid-19 era is increasingly dependent on technology and it's the perfect time to think best cheap smart home gadgets about new tech startup ideas that can benefit from the digital age. Software development, mobile apps and big data analysis are just some of the possibilities for tech startup ideas.

Consider starting a podcast if you have a flair for design and audio content. This is a flexible and simple business concept that doesn't require costly equipment.

Ridesharing is another well-known business concept. It provides the freedom and flexibility that comes with being an entrepreneur, without the need for a huge amount of capital to start. This is a fantastic side income opportunity if you own your own car and like working with other people.