With most (if not all) honemeisters, the blade will come to you pre-stropped and ready to shave, hence the "shave ready" label. If you are new to stropping, you risk damaging the edge before you ever get to use it, and will then never be able to tell if you've got a sharp edge.
Shave with it, and then when beginning to learn to strop be sure to keep the blade fully flat, with the spine and edge both in contact with the strop at all times except when flipping on the spine.
Hope that helps, and enjoy the shave! Merry Christmas!
http://badgerandblade.com/vb/group.php?groupid=81 - Washington State Wetshavers - because we're all wet here anyway.