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In this video, the presenter demonstrates how to set up a new worksheet in a real estate financial model. They show how to build the date and period header, as well as the general formatting used to make the worksheet efficient and easy to follow. The focus is on creating a monthly cash flow tab for a real estate financial model, providing tips for creating the date and period header, formatting, and speeding up the modeling process. The presenter starts by shrinking the first column to 2 pixels wide for easier navigation without using a mouse.