 Now that you're familiar with the course, we'll explore Unit 1, Elements of Entrepreneurship. This unit will explore the history of entrepreneurship and what it takes to become a successful business owner. You will learn about various business theories as well as how to distinguish a business idea from a business opportunity. You can also take a survey to see if you're prepared to become a business owner. Some of the topics covered in this unit include the definition of entrepreneurship, entrepreneurial drive, entrepreneurship and the entrepreneurial process. You will also take a look at characteristics of entrepreneurs, business ethics and which legal form of business is the right one for you. These and other questions about business formation will be addressed in this unit. Also, as you read and view the resources of this unit, remember to take notes. These notes will be valuable to you when you are studying for the unit assessments in the final exam. Remember that each unit provides the foundation for the units to follow. So it is important that you understand the concepts and elements in each unit before moving on to the next one. Good luck with Unit 1 of the course and we'll see you here again at the beginning of Unit 2.