Last visit was: 01 May 2026, 00:31 It is currently 01 May 2026, 00:31
Close
GMAT Club Daily Prep
Thank you for using the timer - this advanced tool can estimate your performance and suggest more practice questions. We have subscribed you to Daily Prep Questions via email.

Customized
for You

we will pick new questions that match your level based on your Timer History

Track
Your Progress

every week, we’ll send you an estimated GMAT score based on your performance

Practice
Pays

we will pick new questions that match your level based on your Timer History
Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.
Close
Request Expert Reply
Confirm Cancel
avatar
loganjam
Joined: 04 Jan 2016
Last visit: 25 Jan 2016
Posts: 3
Posts: 3
Kudos: 0
Kudos
Add Kudos
Bookmarks
Bookmark this Post
User avatar
Admissionado
User avatar
Admissionado
Joined: 30 Nov 2009
Last visit: 26 May 2024
Posts: 9,229
Own Kudos:
Given Kudos: 69
Location: Chicago, IL
Expert
Expert reply
Schools: HBS - Class of 2005
Posts: 9,229
Kudos: 2,075
Kudos
Add Kudos
Bookmarks
Bookmark this Post
avatar
loganjam
Joined: 04 Jan 2016
Last visit: 25 Jan 2016
Posts: 3
Posts: 3
Kudos: 0
Kudos
Add Kudos
Bookmarks
Bookmark this Post
User avatar
Admissionado
User avatar
Admissionado
Joined: 30 Nov 2009
Last visit: 26 May 2024
Posts: 9,229
Own Kudos:
Given Kudos: 69
Location: Chicago, IL
Expert
Expert reply
Schools: HBS - Class of 2005
Posts: 9,229
Kudos: 2,075
Kudos
Add Kudos
Bookmarks
Bookmark this Post
loganjam
Hi Jon,

Thanks for your reply. In fact, I have been involved in the family business in an advisory capacity even after I left it. I do a lot of budgeting and some structuration of the bidding process. Probably like 15hrs a month or so. I think I am gonna try and retake the GMAT given I have time to do so.

ECs
1) I mostly act as advisor helping new start-ups with their business plans and connecting them with people that would be beneficial to their business. Its kinda business development role but I don't draw any salary. Its mostly an consulting agreement or I sometimes invest in these companies get equity. These are early stage tech start-ups mostly pre Series A funding. Trying to find the next big thing basically.

2) I used do pro-bono consulting before I started helping the start-ups. It is sometimes to help non-profits with organizational issues. And also consult for SMEs helping them in their business issues. Like there was this ice-cream shop which was having trouble attracting customers after a very successful couple of months. I was the project leader on that case and with the help of college students we devised a new marketing strategy which increase the customer retention by 25%.

Probably should have mentioned that I do invest in some companies beforehand.

Hey dude,
So personal investing (even successfully) has more or less no effect on your profile. Can you tell me a bit more about your family business? How big? how many people? growth over the last years? And whether you are expected to take it over?

Best,
avatar
loganjam
Joined: 04 Jan 2016
Last visit: 25 Jan 2016
Posts: 3
Posts: 3
Kudos: 0
Kudos
Add Kudos
Bookmarks
Bookmark this Post
The family business is about 20 years old. Construction and real estate development business. 80% of revenue comes from infrastructure related works for the Indian Government and the rest from real estate development locally. We are contracted out to develop the real estate, we don't own/operate/lease/rent any of it.
Employees: 33
Revenue: USD 10m in 2015
Growth: Not really much growth. About 5% CAGR over the last 3 years.
I am not expected to take over in the short term (10yrs). Long term can't really say. Thanks
User avatar
Admissionado
User avatar
Admissionado
Joined: 30 Nov 2009
Last visit: 26 May 2024
Posts: 9,229
Own Kudos:
Given Kudos: 69
Location: Chicago, IL
Expert
Expert reply
Schools: HBS - Class of 2005
Posts: 9,229
Kudos: 2,075
Kudos
Add Kudos
Bookmarks
Bookmark this Post
loganjam
The family business is about 20 years old. Construction and real estate development business. 80% of revenue comes from infrastructure related works for the Indian Government and the rest from real estate development locally. We are contracted out to develop the real estate, we don't own/operate/lease/rent any of it.
Employees: 33
Revenue: USD 10m in 2015
Growth: Not really much growth. About 5% CAGR over the last 3 years.
I am not expected to take over in the short term (10yrs). Long term can't really say. Thanks

Hey there,
Well its not big enough that it will make a HUGE difference, but Its good. And if you wanted to base goals around building and expanding that business it could be one alternative.

Anyhow, the short of it, is that for Kelly, its gonna be a stretch. You are older and have a relatively low GMAT for an Indian candidate applying at Kelly (I dont know for sure, but I would guess from what Ive seen that the Indian GMAT average at Kelly is probably close to 720).

So you can consider a retake,
I hope this helps and if you have any other questions, don't hesitate.
Best,
JF