# Entrepreneurship
|  | **Entrepreneurship** is the creation or extraction of economic value in ways that generally entail beyond the minimal amount of risk, and potentially involving values besides simply economic ones. |
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| | wikipedia:: [Entrepreneurship](https://en.wikipedia.org/wiki/Entrepreneurship) |
## Related
[[Startup]]
[[Small Business]]
[[Business Entity Classification]]
[[Codex/Academia/Professional & Applied Sciences/Business/Business|Business]]
[[Venture capital]]
[[Innovation]]
## Concepts
- [[All companies are technology companies]]
## Technology
[[Codex/Tech/Tech|Technology]]
## How-To
### Bare Minimum
- Decide on [[Business Entity Classification]]
- Open a business checking account for easier categorization, separation, accounting, liability and taxes.
- Setup method of getting paid
- e.g. stripe
- Business model and strategy
- basic idea of:
- core business proposition
- competitive advantage
- Value stream mapping
- Analysis of minimum operation of the core functionalities of a business (as in Matrix or cross-functionally organized companies)
- Operations
- processes
- Technology
- tools
- general tool app like notion or coda to start from for documentation and when that gets strained for a given use case, then add another tool.
- E.g. do your first few expenses and invoices in the app until it gets too complicated and then try Quickbooks or something.
- manage your first forays into ads and sales in the tool and when it gets too complicated, add a CRM
- website
- documentation
- team communication
- customer communication
- Marketing
- brand
- ads
- crm
- sales
- Finance
- accounting
- expense tracking
- invoice generation
- bill customers method
- taxes
- Legal
- business entity
- Data/Analytics/Business Intelligence
- measurement, KPI
### Next
- Core finance documents