What happens next?

How to start a fraternity
Determine what kind of purpose your fraternity should stand for.
Most fraternities have a code of conduct or beliefs that informs their existence. What do you believe in? Why are you creating this organization? What are your core beliefs? These are important questions to answer if you want to be able to you're your fraternity to fellow students and the administration.
Loyalty, leadership, service, and rigorous academic standards are all ways to appeal to your school's administration. Sports often work as a big draw too.