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The speaker initially had a negative perception of writing business plans, likening it to school homework, expressing doubt about their effectiveness and his own ability to create one. However, he later learned to write a business plan that suited his needs, which changed his outlook, making him eager to develop his plan for the next year. He will discuss two types of business plans: one that involves detailed preparation over several hours and is reviewed monthly, and another that simplifies the essential information into a one-page business plan.
