How does one start a company?

Lately, I’ve felt inspired to start my own company designing everyday devices that work better and improve peoples lives. I want to stop waiting and go for it. I’m 16 and I have a book full of Dieter Rams inspired designs. How do I make them reality?

I live in Virginia. All I have is some money, inspiration, and a sense of design. I want to design products that work better than current renditions. I have designs and a little technical know-how. I feel if I don’t at least start doing something now, nothing will ever happen.