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In this video, the speaker discusses the necessity of contracts for agency work, highlighting that they can often be ineffective and do not guarantee payment from clients. Many beginners mistakenly believe contracts are binding and ensure compliance, but the speaker emphasizes that this is not always true. They plan to share tangible examples illustrating when contracts can fail. While the speaker acknowledges the value of having contracts, they caution viewers about the misconceptions surrounding them, particularly for those new to the business world who may overemphasize their importance.
