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MBA for an entrepreneur?

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MBA for an entrepreneur? [#permalink] New post 21 Jul 2006, 15:41
Hi Scott,

First of all, thank you for taking your time to review this post.

I have been working at a start-up company for the past 5 years and I have just started my own startup this year. We've been in operation for about 4 months now, and both myself and my partners (2) agree that it would be helpful for the company if I get an MBA. Our basic line of reasoning, among others, is that an MBA will expedite the development of necessary business acumen along with credibility for the necessary mergers and aquisitions that'll need to happen for us.

To give an idea of our company structure, the three partners are comprised of a Programmer, a Creative Director, and a Business Developer (me).

My Profile
- 5 yrs work experience at a small start up as director of operations.
- Currently running my own start-up.
- Graduated w/ 3.5 from a relatively unknown undergrad.
- GMAT = 700/6.0
- 28 yr old asian american male.

With this in mind, I have several questions:

1 - Would the adcom @ B schools look down at someone with my profile given that I have no experience from the typical fortune 500 companies, and that I've just started a business?

2 - Given a certain situation, I wouldn't be able to get a recommendation from my previous employer. However, my 2 partners have worked with me closely for the past 5 years (at the previous company). What would be my best options? And would this situation hurt me alot?

3 - I have relatively minimal "typical" community service experience. But I have provided pro bono services for several start ups which helped them get through the beginning stages. Would this be considered a valuable community service experience?

4 - I don't have any special certifications, extraordinary skills or experiences.

5- My top choices are: Harvard, Columbia, NYU, MIT, Stanford. My second choices are: UNC, Virginia, UC Berkeley. I'm basically looking for a strong General Management program with an entreprenuerial twist. What are my realistic chances? Perhaps you can recommend some programs that you see fit?

Thanks a bunch!

Sincerely,

Anthony
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 [#permalink] New post 24 Jul 2006, 15:52
B-school is absolutely for applicants such as your self. Entreprenuers in many ways have the best story to tell and definitely have good reasons for wanting to attend b-school. Schools won't look down on you simply because you didn't work for a Fortune-500. They get enough of those apps as it is.

2 -- Getting recommendations from your partners would work. You should also really consider trying to get one from a customer / client of your old company if you can't get one from your old boss or from one of the companies you do pro bono work for.

3 -- Pro bono is asbolutely considered community service and would be a great tool to use in your apps

4 -- You can't go into this process thinking that you have have nothing special to write about. We all have our own story. If you think that way, you've adopted a self-defeatist attitude and have already lost ground to the competition.

5 -- Those are all tough schools to get into without any safety schools. You should really spend some time categorizing who you really feel good about and whittle that long list down. Have you considered UCLA or USC?
_________________

http://www.mbagameplan.com

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