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In this video, the tutorial focuses on different types of cell references in spreadsheets, specifically relative, absolute, and mixed references. The instructor demonstrates how to calculate net income by subtracting total expenses from total income using a simple formula. For example, using "=B3-C3" and pressing Enter, the formula can be dragged down to apply to other cells, showcasing relative reference as the formula adjusts automatically (e.g., B4-C4, B5-C5). This illustrates how relative references operate, automatically updating cell references based on their position when the formula is copied either horizontally or vertically. The video sets the stage for exploring additional types of references.