bakfed
Honestly, starting your own firm is a great thing as that's how this world came about. However, in a b-school sense, that's harder to judge. If it were so great, why sell it? If it were a strong company, it would've been able to withstand the meltdown in Greece. I'm not saying it's a bad company (please don't get me wrong here), but I'm just thinking outloud as an AdCom. Both Tuck and Fuqua are great institutions and are hard to get into. You're a bit young for both Tuck and Fuqua and your GMAT score falls below both of their averages. I believe this could've contributed to the dings you saw at both schools. Your current situation of unemployment doesn't serve you any good either. From what I read, there's a lot of decision makings that could trigger some scrutiny from the AdComs. These may be some concerns, or there could be other underlying reasons, such as your essays. I believe Tuck offers some sort of a 'ding' analysis in the spring and if I were you, I'd take advantage of that. Last, but not least, I'm not sure how much of the flower mill would play into a top b-school. Family-owned businesses get the most questions from AdComs simply because everyone there will love you...because you're family. It's not another corporate (such as Goodgle, Microsoft, Goldman Sachs) who will boot you out the moment you're not producing the right things. So treat the family-owned business with a grain of salt and don't reply on it.
thanks for the feedback I really appreciate it.
In terms of my company, I had a large number of import exclusive products in Greece, a strong network of customers and a strong reputation. To be honest, I started the firm during my military service only as an experience" i wanted to challenge my self a bit as i did not find the military service was pushing me enough. It turned out to be quite successful and that's why I kept operating it for 2 years. Ultimately, I was offered a very good price and I was bought out. I understand how this can come under scrutiny from an Adcom. But alas as you said, this for a b-school is a double edged sword it seems
Other than that, lets hope I get some really good employment and soon. Otherwise, how do you think charity work counts in? If not accepted this year in to an MBA I am thinking of helping with some charitable foundations under the employment market in EU gets better. Any thoughts?
Charitable organizations are always a good source of that "extra oomph" when AdCom reviews your profile. If you can demonstrate leadership at your charitable organization, it'll definitely be a plus, but nothing trumps a good brand corporate company. I hope that you find a job that you enjoy doing soon and that you do get into the schools of your desire. Tuck is such a beautiful place (just a bit out in the middle of nowhere) that I envy anyone who attends that institution.