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Inserting a text box in Microsoft Excel differs from inserting a comment. Comments are confined within the cell, while text boxes can be resized and moved freely. To insert a text box, navigate to the Insert tab and select Text Box on the right. This changes the cursor's appearance. By left-clicking and dragging, a text box can be created. For example, one could type "This is the sales report for the awesome company" inside the box. After clicking away, the box becomes non-editable, but can be re-entered for edits. The text box can be moved by clicking it again and dragging from the top when the cursor changes to a cross, allowing for repositioning as needed.