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In this video, Matthew guides viewers on creating a joint venture agreement template. To start, click the link provided in the description, which leads to a section where you can follow along. Once redirected, navigate to the 'Business Forms' section and select 'View All Business Forms.' Instead of scrolling, use the search bar to type "joint" to find relevant forms. Next, choose the state where the joint venture will occur. You'll need to input details such as the names and addresses of the first and second parties involved, along with the name of the joint venture and its venue address. The tutorial provides a step-by-step approach to creating this document.