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GMAT Admission- Entrepreneurial Work Experience

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GMAT Admission- Entrepreneurial Work Experience  [#permalink]

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New post 03 Apr 2018, 03:42
Hi,

I am a GMAT aspirant aiming to score above 700. I have good 4 years of work experience with a startup as a Business Development Manager. I recently resigned from my job in January. I am working on my own venture which I started last year. It is called Tails on Trails in which we organize treks for our furry friends with their family to different scenic locations.
I do not want to work as long as I am preparing for GMAT which is approximately 6 months, as my foundation is pretty weak and I would need a whole lot of time to score excellently. My questions here is can I show my entrepreneurial work experience on my CV if it is not a registered company? And if not can a Letter of Recommendation from my client would help me with the same?

Hoping for an early reply.
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Re: GMAT Admission- Entrepreneurial Work Experience  [#permalink]

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New post 05 Apr 2018, 01:44
Hey Anjali_SH

Thanks for posting. There's a lot to think about here and I want to be really honest with you. Firstly, to address your most logistical question, if you were to be successful in applying to b-school, you will go through a background check process. They will verify if your entrepreneurial venture is real and they may even ask for tax records to prove revenue. So yes, if you are serious about this venture, I recommend making sure that it is a going concern. A letter of recommendation from a client may help, but I think you need to be ready for the background check.

Then, regarding not working while you are studying for the GMAT...not my favorite angle. It raises a red flag...if you can't work while you are studying for the GMAT, the AdCom will seriously question if you can handle the rigors of a competitive MBA program. I know it stinks but I recommend that you work full-time and study in the evenings/on weekends like the vast majority of other applicants.

Also, you mention studying for six months and that seems...like a bad strategy. My recommendation is to take the GMAT now and get a real score. Then you know what you are dealing with. Use that real score as your base to determine what you need to study. Study those items for 4 to 6 weeks. Take the exam again and see what happens. Hopefully, your score will go up. You can take the exam five times in a year and b-schools like to see multiple attempts.

Hope that helps a bit!
Krista
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Re: GMAT Admission- Entrepreneurial Work Experience  [#permalink]

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New post 05 Apr 2018, 05:05
You can put it on, but if you get accepted and go through the verification process, it may then come back with a 'could not verify' mark. Why don't you just register it? (FYI, I also have concerns in this area because in my country, filing tax returns is not a legal requirement, so I'm not sure how I can prove my companies revenue)

6 months full time study for GMAT is insane - I did 2 months study while working part time and nearly went crazy! It's not like studying for uni exams where you have varied material. Having a weak base isn't necessarily indicative of how long you need
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Re: GMAT Admission- Entrepreneurial Work Experience  [#permalink]

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New post 20 Apr 2018, 10:57
Anjali_SH wrote:
Hi,

I am a GMAT aspirant aiming to score above 700. I have good 4 years of work experience with a startup as a Business Development Manager. I recently resigned from my job in January. I am working on my own venture which I started last year. It is called Tails on Trails in which we organize treks for our furry friends with their family to different scenic locations.
I do not want to work as long as I am preparing for GMAT which is approximately 6 months, as my foundation is pretty weak and I would need a whole lot of time to score excellently. My questions here is can I show my entrepreneurial work experience on my CV if it is not a registered company? And if not can a Letter of Recommendation from my client would help me with the same?

Hoping for an early reply.


It’s really hard to answer this, as I would need to know more details about the company in order to suggest concrete ways to bring your start up into your CV. What do you have up and running now? How many clients do you have now? How did you get these clients and how are you getting more? Etc.

The ARINGO team does have a lot of experience with helping entrepreneurs get into top business schools though, so I do think we might be able to help you, so I would suggest you contact us off the board (https://aringo.com/mba-process-registration/) with more information about your start up in order to get some ideas regarding this. There are still things you could do to make the start up look better on paper, so to speak, but I would prefer not to suggest things that may not be relevant for you, so it’s really better if we understand the business a bit better first.
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Re: GMAT Admission- Entrepreneurial Work Experience &nbs [#permalink] 20 Apr 2018, 10:57
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