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In this video, Arturo invites Joel Kaplan, a 300K-per-month agency owner, to discuss contract essentials for agency owners. They emphasize the importance of watching the video until the end, where they review a contract designed for viewers to use. Joel, CEO of Agency Lab, shares his background in helping social media marketing agency (SMMA) owners establish and grow their businesses up to 100K per month. He recounts his experience running his own successful SMMA, which peaked at 300K monthly revenue. The video aims to provide practical insights into essential contract modifications and important inclusions for agency owners.