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In this video, Mitchell Losey discusses the importance of having contracts in photography and video businesses. He highlights the common scenario where a professional starts working with a client without clearly discussing payment or expectations. This can lead to awkwardness when it comes time to address compensation after completing a project. Losey emphasizes the necessity of establishing clear terms, including payment and service details, before starting work to avoid uncomfortable situations later on. He encourages viewers to ensure that both parties are on the same page to foster a better working relationship and to protect their own interests.
