Hi,
Here is my profile
About: Indian, Male, 28 years old
Education: Bachelors in Electronics from IIT Madras, 86.5% cumulative score
GMAT: 730
Work Experience: Total 5.5 years till date (with 10 months gap in between as explained below)
3 years in a well known Tech MNC as a system software engineer. Worked in the core driver development department. Gained a complete working knowledge of SDLC. No international exposure but have experience working with international teams.
Quit company to start my own IT services firm. 10-month gap after quitting and before incorporation of my company. Time was spent mainly on product development and getting the first customer
The startup has recently been rendered dormant (after operating for 1.5 years) due to market acceptance challenges. We were working on location related software solutions for clients. At our high point, we had 9 customers and an estimated revenue of INR 15,00,000 (USD 20,000). My biggest mistake was lack of planning at the start owing to nil business expertise and being from non-business background. I did not anticipate competition and did not have a clear understanding of customer requirements. I lacked market research.
Although the startup stint has failed, I have gained immense experience. I led a development team of 4 developers and 2 interns, created a sales pipeline and employed 2 sales executives for regular lead generation and client conversion, did a lot of networking by attending many local events and club meetings, was (and still am) part of a number of startup related
WhatsApp groups etc...
Extra-curriculars: I have done Assistantships during college, organized events. In 2017, I conducted a month-long Android workshop in a local reputed college. I have also participated as a mentor in the Smart India Hackathon 2017 & 2018 where I guided a team of undergrads.
Post-MBA goals: I have developed a strong taste for entrepreneurship and as a long-term goal, I want to build large businesses. However, at the moment repairing my career is a top priority. I would like to learn corporate strategy & sales & marketing from an academic perspective and would like to engage in similar roles after MBA. I am more inclined towards planning and strategy (owing to my failures in startup and the interest I have generated in this area), but I am also keenly interested in sales & marketing.
Anything else ? I want to qualify for a top MBA program and I am hoping the startup stint will get me there. I am from India where startup culture has not taken off as much as in USA. However, when considering international MBA programs, I believe there would be too many people having failed startups, applying for MBA. I am concerned about the uniqueness of my profile. I am also not sure how the failed startup would play out in my favor.
Would love to hear some feedback on my profile & my chances of making into Yale.
Thank You