Why is my PS4 not Turning on properly?

Hey There guys. I’m having a very frustrating problem with my ps4. When I attempt to turn the console on I get a blue light that flashes indefinitely. I’m also getting no video or audio output from the ps4 to my TV,

I’ve tried multiple HDMI’S and TV’S.

I’ve also tried entering safe mode to rebuild the database, but When Holding the power button it only beeps once and then after about 16 seconds it beeps once more and turns off.

If anyone can give me some advice on what to do it would be much appreciated.

P.S. Hopefully I can get this sorted before Red Dead 2 releases XD. fingers crossed ey!?