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In this video, agency owner Joel Kaplan, CEO of Agency Lab, collaborates with host Arturo to discuss creating a comprehensive contract for agency owners. Joel shares insights on essential contract elements and invites viewers to follow along as they refine a template. Kaplan has extensive experience in the agency space, having grown his own social media marketing agency to $300K per month. He emphasizes the importance of a solid contract to help agency owners secure clients and scale their businesses effectively. Viewers are encouraged to watch through the video for detailed guidance on contract modifications and best practices.