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The speaker shares their initial reluctance to write business plans, likening it to being assigned homework by a school teacher. They express doubts about their ability to write a business plan and its effectiveness. However, after discovering a method that worked for them, their perspective changed, and they became eager to write future business plans. The discussion focuses on two types of business plans: one that involves extensive detail and can take several hours to prepare, used for in-depth review, and another that distills essential information into a concise one-page format for clarity and ease of use.