Need Expert Advice - Entrepreneurship Before Business School

Hi all,

Had a question that I was hoping you could help me with. First, here is a brief overview of my profile: I graduated in 2010 from an Ivy, was a BB analyst for 2 years in a top group, now at a MM PE firm where I have been since.

Business school has always been on my radar and I would like to go at some point. However, I have always dreamed of starting my own company - I have been working on an idea for the past six months and it has gained significant traction to the point that I just got significant commitments from angel investors. If I were to continue with this, I would need to leave my firm at year-end (my contract finishes early next year anyway) and do this full time.

My concern is the following: I am not naive to the fact that startups/entrepreneurship will be 100x harder than anything I've done in the past, and if this flops, I would like to be in a position to apply to business school next fall. I would really love to pursue this idea and try out entrepreneurship while I'm still relatively young, but I'm concerned (and maybe stupidly so) how this will look to an adcom. Questions/Issues I can see arising are:

1) I would have 6 years of experience vs. 5, the average number of work experience for top schools
2) The adcom would be confused about my career goals - although I would obviously explain that my goals are to transition into tech and leave finance
3) The adcom would not like the idea of admitting an entrepreneur, especially one that has not (yet) created a Facebook or Uber

Do you think this is a good idea? How would this look on b-school applications ? I would essentially be doing this for about a year and if things don't go well I will appy in fall 2016.

Appreciate your advice!