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The speaker shares their experience of getting fired and starting a business, describing it as a pivotal moment in their life. They emphasize that the New Year is an ideal time to start a business and encourage viewers to begin, even if it's on a small scale, such as working on weekends. The speaker plans to provide insights into their own journey, including the mistakes they made. The initial step they recommend is obtaining an EIN (Employer Identification Number) online, which is necessary for tax purposes. They also suggest getting insurance at the same time, highlighting the importance of these foundational steps for new entrepreneurs.