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In this video tutorial, Matt from Collaboration Coach explains how to invite external participants to a Teams meeting. He starts by accessing the calendar app and selecting "New Meeting." After providing a title for the meeting, he adds required attendees by entering their email addresses, which can be from any provider like Gmail, Yahoo, or Hotmail. Once the email is entered, the option to invite that external attendee appears. Matt then continues by scheduling the meeting time and optionally adding a channel, which would create a post to advertise the meeting within that channel and add it to the calendar of the internal team members, without affecting the external invitees.