How to create a custom profile in Drupal 7?

In Drupal 7, custom user profiles are like fieldable entities similar to nodes. To create a new custom user profile, follow these steps:

• First, go the Administration
• Then, go to the Configuration tab
• Next, click on People
• Go to Account settings and add a new field
• Configure the corresponding display to each user page on the Account Settings (ie. /user/$uid).