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In this video, agency owner Joel Kaplan discusses the importance of contracts for agency owners. He and the host, Arturo, provide a comprehensive overview of a "Plug and Play" contract, highlighting essential elements that should be included. Joel, the CEO of Agency Lab, a coaching program for social media marketing agency (SMMA) owners, shares his experience of scaling his own agency to 300K per month. He emphasizes the significance of understanding contract details and modifications. Viewers are encouraged to watch until the end for an in-depth look at the contract and its critical components.