Compile your First C++ Application with Visual C++ 2005 Express Edition

Now click on the 7th control, in the Toolbox. The one that says Label. (Circle #1) Click on the the Window form with the caption Form1, (the blue box in the middle) keep the left mouse button down and click near the middle of this form. ( Indicated by the arrow head #2)

Now you should see the word label1 with a dotted line around it as in the picture above.

On the next page : Change the control text.