Step 1: Buying your domain name
I recommend buying your domain name from Just1host $12.99 a year for dot com domains or LFMTE-Host

Step 2: Now you need hosting.
I recommend you get hosting from Just1host Hosting or LFMTE-Host
Their servers are configured to run all lfm scripts so you wont have an issue with things not working.
Plus they will install the script for you, If you ask them.

Step 3: Before you start building your site.
Create a folder on your computer and name it the name of the site.
You will need this folder to put everything pertaining to your site in it so you know where it is.
Example: If your domain name is mytrafficexchange.com name the folder mytrafficexchange

Step 4: Creating a Database

If you need a zip program, i recommend 7-zip
Download the one on the top left side of the page for your system either 32 bit or 64 bit.
If you have a windows 10 computer it is most likely a 64 bit system.

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Step 5: Installing the script.
This video applies to the LFMTE, LFMVM, and LFM scripts.

Step 6: Design/Theme for your site.
The next thing you will need is a design so your site stands out.
Below are 2 well known designers.
Linda's Graphics
Linda has done outstanding theme design for the LFM scripts for many years.

Designs By Marilyn
Marilyn has done some excellent designs for many owners of the LFM scripts.