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The speaker previously disliked writing business plans, equating it to tedious homework assigned in junior high. They felt unqualified and skeptical about the effectiveness of business plans. However, after learning to create a business plan that suited their needs, they eagerly looked forward to it each year. The tutorial will cover two types of business plans: one that involves detailed preparation taking several hours, reviewed monthly, and another that simplifies the essential elements into a concise one-page business plan.