This new startup is going to change the world

You’ve probably never heard of it… yet.

Photo by Alex Knight on Unsplash

This is an amazing feat of technology, using AI to make the world a better place. Or it can be a super powerful tool that makes saving lives easier. It can even be a messaging app that everyone sends all their private conversations through.

Whatever it is, no one’s thought of it yet. They all think they have.

It’s an incredible career path. You get a brilliant idea, you make an app, and then BOOM you can sell it for millions. Then you buy yourself an impressive but cold, unwelcoming apartment with amazing views out of floor to ceiling windows and walk in closet full of all the Patagonia your heart desires.

Do people who own start-ups really think they have a chance at all that?

• The United States is the leading country by the number of startups (63,703)
• 7.1% of the startups in the world operate in the Fintech (Financial technology) industry
• The highest-valued private startup in the world is Bytedance from China ($75 billion)
• Over 69% of startup companies started as home businesses
• Only 40% of startups are able to become profitable
• Competition (19%) is the greatest challenge when starting a business