IMPORTANT: I’d now recommend going to http://wordpress.com and signing up there, as the better option to this video, and all other paid options you’ve been recommended. It’s free, easier, and $5 a month for the full version, with proper domain name and no ads.
If you do want to follow instructions in video, go to http://fcdiscount.com to begin. Signing up for proper web hosting is only recommended if you’re looking to make multiple sites, do complex things with plugins, learn web design, or other unusual things. For most people, I’d recommend free WordPress, above.
Web Designer Daniel Piechnick shows beginners how to create their own website or blog, in this five-minute, step-by-step video.