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In this video, Mitchell Losey addresses the importance of contracts for new photography and video business owners. He discusses common scenarios where clients inquire about services without clear pricing discussions. After completing a project, there is often an awkward moment where payment has not been discussed, leading to uncertainty about how much to request for the work done. Losey emphasizes that establishing clear communication about pricing and service expectations upfront is crucial to avoid discomfort and misunderstandings later in the process. He encourages creators to have contracts in place to facilitate these discussions and ensure they get paid for their services.
