Starting a small business can be a life-changing decision, but it requires careful planning and financial management. Small businesses created 1.9 million net new jobs in 2015, and a culture of entrepreneurship is becoming more permanent in the economic landscape. To make your business a reality, create a business plan, map out your finances, choose the right legal entity, register your business with the IRS, and build your team. Register your business with the IRS, fill out the business purpose, and seek legal and tax advice. Build your team based on ongoing needs and offer incentives beyond base salary. Grow and scale your business based on your goals and the growth potential of your business. Be thoughtful in your decision-making process, creating a business plan, networking, finding mentors, and asking questions. Most successful businesses continue to evolve over time, making it an opportunity to create something meaningful for you.