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While the video is uploading and processing, enter in a Title for the video and press the Done button.
At this point you can navigate to the video with the URL provided. After uploading a video, YouTube will also email you a link to the video.
When the Processing Done progress bar has completed, your video is ready to view, but higher resolution versions of your video may still be processing despite the progress bar indicating that it is "done". So if your video appears low quality at first on YouTube (but looked fine before uploading it), waiting for the higher resolution versions to finish processing will fix this. How long the video takes to complete processing depends on how long the video is and how high quality is it, but videos under 10 minutes in duration usually finish processing in under 15 minutes.
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