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In this video, Arturo invites Joel Kaplan, a 300K per month agency owner and CEO of Agency Lab, to discuss the essential components of a contract for agency owners. They go through a comprehensive contract template and highlight key aspects that need customization and important clauses to include. Joel shares his background, explaining that he helps social media marketing agency (SMMA) owners launch and grow their businesses, achieving significant monthly income. He emphasizes the importance of having a solid contract in place for agency success, encouraging viewers to watch the entire video for valuable insights.