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In this video tutorial, Matu guides viewers on creating an End User License Agreement (EULA). He recommends visiting legaltemplates.net for templates. The process begins by clicking on "Business Forms" and using the search function to find the EULA option. After selecting the correct template, users will need to choose their state and proceed. Matu demonstrates entering details such as the software name (e.g., MK Tips) and the licenser's name (e.g., MKT Limits). He addresses specifics like whether the license is granted to an individual and details regarding installation and usage. The tutorial emphasizes the importance of customizing the agreement to fit the user's needs.