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In this tutorial, Carlos explains how to configure Microsoft 365 for business with your domain name. By connecting it with your domain name, you can utilize Microsoft Exchange power. Adding your domain name may seem intimidating, but Carlos provides a step-by-step guide on how to do it, from purchasing the first license to creating the first user. He demonstrates the process by visiting microsoft.com, selecting the Microsoft 365 option, and exploring the different licenses available for home, business, enterprise, and education.