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The speaker initially disliked writing business plans, associating it with school homework and feeling unprepared and skeptical about their effectiveness. However, upon discovering a method that worked for him, his perspective changed, and he began to look forward to drafting his business plans. The discussion focuses on two types of business plans: a detailed plan that requires extensive time and effort, and a simplified, one-page business plan that condenses essential information for easy reference. The emphasis is on creating a plan that is practical and effective for the individual's needs.