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In this tutorial, the presenter discusses how new business owners can forecast sales and evaluate their business ideas. The video outlines three steps to predict sales. The first step is to research the industry average conversion rate, which indicates how many prospects typically become customers. For instance, a 2% conversion rate means that for every 100 viewers of a sales video, 2 will make a purchase. The channel aims to provide weekly content to help viewers increase their income and achieve success in business and life, encouraging viewers to subscribe and turn on notifications for new videos.