To rearrange the formula \( y = mx + b \) to solve for \( x \), the first step is to isolate the term containing \( x \). You can do this by subtracting \( b \) from both sides of the equation. This follows the Property of Equality, which states that you can perform the same operation on both sides of the equation without changing the equality.
So, the first step is:
\[ y - b = mx \]
This rearranges the equation to \( y - b \) equal to the product of \( m \) and \( x \). The next steps would involve isolating \( x \) by dividing both sides by \( m \).