Here is a list of instructions on how to schedule a live event in Teams:

1. Go to the Schedule a meeting option in your Teams application.
2. Enter the Record option from the meeting details page.
3. Be sure to customize the schedule and timing of the event to your needs.
4. Invite your co-hosts and other participants to the meeting.
5. Send out a calendar invite to all attendees.
6. Test your video and audio by inviting yourself and your co-hosts to the meeting.
7. Begin the meeting and enjoy your event.