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noexcuses
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fxMBAconsulting
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I'd recommend that you stick it out for another year. If not, it will seem like you're all over the place -- one year at the restaurant, one year teaching, then one year doing something else. Many people use b-school itself as a way to pivot their career. Do you really feel like you need to pivot beforehand?

Also, what type of business position are you seeking? I understand that teaching isn't the right career for you, but are you still planning to stay in the education field? If so, finishing your TFA commitment would be more important.

FYI, I work at the intersection of business and education and will be starting b-school this fall. I didn't do TFA, but I knew that teaching wasn't the right path for me, although its an incredibly admirable pursuit.
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I was imagining in my head how everything would look on your resume. I listed two possible scenarios below. I'm assuming you are 24 right now.

Scenario 1
1 year of entrepreneurship/family business (22-23)
1 year of TFA (23-24)
2 years in business role (when you apply, nearly 3 years by the time you attend) (24-27)
MBA (27-29)

Scenario 2
1 year of entrepreneurship/family business (22-23)
2 years of TFA (23-25)
2 years in business role (when you apply, nearly 3 years by the time you attend) (25-28)
MBA (28-30)

My own hunch is that from an HR or Adcom perspective anytime someone does 1 year or less of something, it is seen as interesting but unsubstantial. 1 year isn't seen as enough time to acquire expert knowledge/experience and there is always a question mark surrounding why that person left. Of course when we are talking about internships or a gap year, there is no negative. I think 1 year working in the family business equates to that post-college exploratory phase and is a positive - it says, I started going down a path but had enough self-awareness to realize, it wasn't for me. I shifted gears into something more challenging/fulfilling (fill in the blank).

Ultimately there is no perfect answer to your question, and it is really your call.
But, when we look at the two profiles I think most people would feel that the second one belongs to someone who is a little more consistent, someone who will be able to write his essays and confidently reference experiences at TFA as well as in the working world because he has enough experience in both to legitimately do so. By the time you start interviewing for internships and later, jobs you would have 2.5-3 years in your first role post-TFA. Hopefully you will have at least one promotion under your belt in that time. I think the combination of 2 TFA years plus 3 years in business is going to really work for you.

Best,
Leah Derus
fxmabaconsulting . com