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The speaker shares their initial dislike for writing business plans, comparing it to an unwelcome school assignment. They felt unprepared and skeptical about the effectiveness of business plans. However, upon discovering a method that worked for them, their perspective changed, making them eager to write business plans annually. The discussion focuses on two types of business plans: the first involves detailed planning that requires extensive time and attention to every aspect, while the second emphasizes creating a simplified, one-page business plan that distills essential information for easy reference.
