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In this video, Clint Coons from Anderson Business Advisors discusses common mistakes made when creating LLC operating agreements. He emphasizes that many individuals often use inexperienced attorneys or rely on generic online templates, assuming they are adequately protected. Coons highlights the importance of understanding the contents of operating agreements, noting that people frequently overlook critical elements. This lack of awareness can lead to issues, particularly for those owning real estate or operating a business. Being uninformed about what is included or missing in an agreement poses significant risks that can arise later on.