Enterprise

We use the word enterprise to refer to any physical coming-together of people to work together putting learning into action collaboratively co-creating surpluses that can be shared with others for their own use in taking the world about them as they find it, and changing it to be more a way they choose to make it.

A for profit enterprise (or business) shares the surpluses it collaboratively co-creates through commercial exchange for a price paid in money or other value in the expectation that the aggregate price realized on all surpluses exchanged with others for a price will exceed the aggregate costs incurred in doing the work of collaboratively co-creating those surpluses, generating a profit.

A not-for-profit enterprise (or nonprofit business) shares the surpluses it collaboratively co-creates either by gift (grant) or exchange, but when sharing is through exchange, the price is not expected to generate a profit.