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In this video tutorial, the creator welcomes viewers and encourages subscriptions, especially for those interested in modeling or acting. They share weekly tips on succeeding in these fields. The main focus of the video is to explain the four primary types of modeling contracts. The first type discussed is the Mother Agency contract, which is the initial agreement a model signs with their first agent. The creator uses an example of a mother agency, Few Models, based in Lagos, Nigeria, to illustrate how these agencies operate. The video aims to inform aspiring models about the contracts they might encounter in their careers.