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For a long time, the speaker disliked writing business plans, associating it with unpleasant school homework. They felt unprepared and skeptical about the effectiveness of business plans. However, upon learning how to create a business plan that suited their needs, their perspective changed, and they looked forward to writing future plans. The discussion will cover two types of business plans: the first involves a detailed, lengthy process requiring several hours to complete and is reviewed monthly. The second simplifies this process by condensing essential information into a one-page business plan.