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In this video, Tom Satori discusses the importance of having a contract for graphic designers who take on clients and jobs. He emphasizes that a contract helps prevent exploitation in the design business by outlining working hours, payment, and potential legal protections. Satori also mentions that he has made updates to his contract for 2021 and will review these changes. Additionally, he introduces Skillshare, an online learning platform offering numerous courses in creative fields, such as logo design, graphic design, web design, and photography, inviting viewers to stay tuned for more information.