This document outlines the syllabus for a Business 101.1 class at NYU ITP. The syllabus covers topics like forming business models, customer development, interviewing customers, defining value propositions, analyzing key resources and activities, planning minimum viable products, testing assumptions, and establishing customer relationships and channels. It provides an overview of the concepts and frameworks that will be taught over the course of the class, including the business model canvas, customer funnels, lifetime value vs. cost of customer acquisition, net promoter score, and traction channels.