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The speaker initially disliked writing business plans, associating it with homework from school and doubting its effectiveness. However, after learning how to create a business plan tailored to his needs, he grew eager to write them for the upcoming year. In the tutorial, he discusses two types of business plans: a detailed, comprehensive plan requiring six to eight hours of effort that is reviewed monthly, and a simplified one-page business plan that focuses on essential information. This approach allowed him to appreciate the planning process and its value in business development.