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In this video tutorial, the host invites Joel Kaplan, CEO of Agency Lab, to discuss a contract template for agency owners, which is provided for free. They emphasize the importance of watching the entire video, as it covers crucial elements of the contract that need modification along with key inclusions. Joel shares his background, explaining how he previously ran a successful social media marketing agency that reached seven figures, achieving $300K a month in revenue. He introduces Agency Lab, a coaching program aimed at helping social media marketing agency owners acquire clients and scale their businesses.