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In this video, agency owner Joel Kaplan is invited to provide insights on creating a contract for agency owners. He discusses the importance of having a well-structured contract and guides viewers through modifications and essential elements to include. Joel, the CEO of Agency Lab, shares his experience, having previously scaled his own social media marketing agency (SMMA) to seven figures, reaching $300K monthly. He emphasizes the support his program offers to SMMA owners, helping them secure clients and eventually scale their businesses to $100K per month. Viewers are encouraged to watch the entire video for detailed contract guidance.