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Intern
Joined: 01 Nov 2005
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Starting a new business [#permalink]
 08 Feb 2006, 06:40
Hi,
I've always been passionate about entrepreneurship and I'm finally starting my own business this year! I initially started with a startup company and was with the company for the past 5 years. Now, I have built a team and we are going to start a business that will be in direct competition with the one that I was prevoiusly employeed in. How would this look in the eyes of the admissions board??? How does the admissions board generally perceive entrepreneurship in regards to career experience in comparison to the more typically MBA career path (e.g. Consulting, I-banking, etc..) ?
Lastly, I graduated from a relatively an unknown Undergrad and didn't do much in school b/c I was working. Graduated with about 3.5 and recently scored a 700 on the GMAT's. I have been with only 1 company post graduation and as you know, will be starting a new company shortly. Do I stand a chance at the Ultra Elite schools? I'm targeting: Harvard, UPenn, Cornell, Columbia, MIT, NYU, Berkeley, Stanford.
Any advice/feedback will be very much appreciated!!! Thank you.
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Veritas Prep Representative
Joined: 22 Apr 2004
Posts: 1084
Location: Southern California
Schools: Kellogg MBA 2004
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Don't worry about the unkonown undergrad. WHat you've done is far more important than where you've worked or gone to school.
Re: enterpreneurship, adcomms look at it very favorably. But, you'll need to eb able to explain why you want to go to b-school right when you're starting a company. They'll wonder how committed you actually are to your new business.
Scott
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Scott
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Intern
Joined: 01 Nov 2005
Posts: 9
Location: CT, USA
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Hi Scott,
Thanks for the feedback!
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Intern
Joined: 01 Nov 2005
Posts: 9
Location: CT, USA
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Scott,
Do you think I have a fighting chance to get into the aforementioned Ultra Elite schools?
Thanks.
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Veritas Prep Representative
Joined: 22 Apr 2004
Posts: 1084
Location: Southern California
Schools: Kellogg MBA 2004
Followers: 29
Kudos [?]:
203
[0], given: 24
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I obviously don't know much about you, but I do think you have a fighting chance!
Scott
_________________
Scott
Veritas Prep | GMAT Prep | MBA Admissions Consulting | Co-author, Your MBA Game Plan
Save 10% on Veritas Prep GMAT Courses And Admissions Consulting
For a limited time, receive access to five Veritas Prep Computer Adaptive practice tests when you purchase a Veritas Prep GMAT book! Buy Now!
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