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The speaker initially disliked writing business plans, associating it with school assignments and feeling unsure about their effectiveness. However, they eventually learned to create a business plan that suited their needs, leading to a newfound eagerness to write them annually. In the tutorial, they discuss two types of business plans: one that involves detailed analysis and extensive writing, taking several hours to complete and reviewed monthly, and another that condenses essential information into a simple one-page business plan. This approach allows for clarity and focus while maintaining the necessary insights for business management.
