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The speaker initially disliked writing business plans, associating it with schoolwork that felt tedious and ineffective. They believed they didn’t know how to create a functional plan and were skeptical about its effectiveness. However, once they learned to craft a business plan that suited their needs, they became eager to prepare them annually. The tutorial will cover two types of business plans: a comprehensive version that requires extensive detail and takes several hours to complete, reviewed monthly, and a simplified, one-page business plan that captures the essential information clearly and concisely.