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In this video tutorial, the speaker emphasizes the importance of written agreements when collaborating with partners in business. Sharing experiences from recent interactions with two owner forum members, the speaker highlights the potential pitfalls of informal partnerships. In one case, two members partnered within the owner forum, while in another, a member teamed up with someone from a separate boot camp. The speaker stresses the need to ask basic yet essential questions, such as whether agreements are documented and the nature of the relationship with partners. This underscores the significance of safeguarding oneself in business dealings to prevent future complications.