Should I retake? Need your advice.

Agree with Yekrut. You have a good score and you can make a decent application and can apply to a school of your choice. Since you have time at your disposal , you can give one more try at it and increase your score .
Both way you are in a win - win situation Buddy.
+1 kudo for yekrut for a concise and valuable advice.

Thanks a lot Subhash, Yekru, Gladiator for the reply. I get what you're saying. I will try retake the exam and score above 750. BTW, to what extent entrepreneurship helps the profile.

Hi Buddy,
Entrepreneurship helps you to diversify your profile. you will be standing out of majority of candidates who are applying working in one or the other company. Moreover B Schools prefer candidates who are / will start a new venture after passing out.
I hope my advice suffice your question .

It does...to much extent...Thanks Major

Retake the GMAT if it will help you get to 750 and also be in the reckoning for a handsome scholarship package. Go for it.

Hi, I'll add my two cents to this discussion.

Not only should you take it again, but you enroll in Magoosh, and use that before you take it again, because Magoosh has a score-increase guarantee for which you would qualify (see https://gmat.magoosh.com/score-guarantee). Follow the program, then increase to 760 or your money back.

We have over 200+ video lessons, covering all the content and strategy. We have 800+ practice questions, each with its own video solution. We will answer any question from any GMAT test prep source, so Magoosh is a perfect complement to whatever materials you have been using already.

You may be interested in this 3-moth study plan:
https://magoosh.com/gmat/2012/3-month-gm ... -students/
This version of the 3-month plan is designed for students, like you, who are already very strong and want to refine their performances.

Here's a sample math lesson:
https://gmat.magoosh.com/lessons/255-the ... ing-method

Here's a sample RC question:
https://gmat.magoosh.com/questions/281
When you submit your answer to that question, the following page will have the video explanation.

Please let me know if you have any questions.

Mike