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In the YouTube video tutorial, Christa Hughes, the founder of a nerds WorldCom, talks about the importance of having a statement of work (SOW) for freelance graphic designers and web developers. She emphasizes that a detailed SOW should be combined with a contract when starting a new project to ensure clear expectations and avoid misunderstandings. Hughes learned about the importance of SOW from a lawyer and now uses it in her business to provide a more comprehensive agreement with clients. She explains the significance of a SOW in setting project scope, timelines, deliverables, and responsibilities.