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The video features a conversation between Arturo and Joel Kaplan, the CEO of Agency Lab, a coaching program for SMMA owners. Joel shares his expertise on scaling agencies, having successfully grown his own SMMA to seven figures, achieving a peak of 300K per month. In the video, Joel helps viewers understand the key components of a contract for agency owners, offering valuable insights on what to include and modify. Viewers are encouraged to watch until the end to gain a comprehensive understanding of contract essentials.