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In this video tutorial, the host invites Joel Kaplan, a 300K per month agency owner and CEO of Agency Lab, to help viewers with contract creation. Joel provides a free, customizable contract and details essential elements and necessary modifications. He introduces himself and shares his experience scaling his own social media marketing agency (SMMA) to seven figures, achieving 300K per month. The video emphasizes the importance of having a solid contract in place for agency owners, outlining key components required for success. Viewers are encouraged to watch until the end for a thorough breakdown of the contract's structure and critical aspects.