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In this video, Arturo invites Joel Kaplan, CEO of Agency Lab, to discuss creating a free, customizable contract for agency owners. They emphasize the importance of watching the entire video, as it covers essential elements to include and modify in the contract. Joel shares his background, noting his experience running a successful social media marketing agency (SMMA) that peaked at $300K monthly revenue. He explains how his coaching program helps agency owners start and scale their businesses, achieving milestones from acquiring five clients to reaching $100K per month.