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In this video, Arturo invites Joel Kaplan, CEO of Agency Lab, to discuss creating a customizable contract for agency owners. The tutorial emphasizes the importance of understanding contract elements and necessary adjustments. Joel shares his background, highlighting his experience in building a successful social media marketing agency (SMMA) that reached 300K per month. He believes the insights provided will help viewers grasp the key components of a contract essential for scaling their own agencies. The video is structured to guide viewers through the contract details effectively, ensuring they understand what to modify and why it's crucial for their business.