Apply to Entrepreneurship program w/ NO start up experience?

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odannyboi: Master | Next Rank: 500 Posts; Posts: 112; Joined: Wed Aug 18, 2010 9:25 pm; Location: City by the lake; Thanked: 3 times; GMAT Score:630

by odannyboi » Thu Dec 23, 2010 4:00 pm

I am having a hell of time putting together my statement of purpose. Basically I want to enter an entrepreneurship progam but I don't think I am getting my point across.. I worked with 3 Fortune 500 companies in varying industries (food, clinical research, and consumer goods). I began to realize that I no longer feel like making companies rich and want to do my own thing.. I've been exposed to process improvement, project management, people management, logistics, production and little bits of marketing... plus I am a published scientist by undergrad so my background is all over the place.

Basically, I want to go to business school to work with a network of like minded people and form a small team to perhaps work out businiess plans as well as learn how to identify potential opportunities. Also, I would like to be able to pitch ideas to VCs and then put the ideas into action. I know nothing about these things (I took 1 business class in undergrad)

1 program said that hey tend to decline applicants who don't show a coherent motivation for getting an MBA...will my background hold me back and are my aspirations coherent?

Source: Beat The GMAT — The Application Process | Thu Dec 23, 2010 4:00 pm

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by beatthegmat » Thu Dec 23, 2010 4:44 pm

Moving this post to The Application Process forum, thanks!

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humblebee: Master | Next Rank: 500 Posts; Posts: 129; Joined: Mon Jan 11, 2010 5:48 pmFollowed by: 1 member; Location: Oceania; Thanked: 23 times; GMAT Score:740

by humblebee » Fri Dec 24, 2010 6:36 am

Isn't the fact that you've moved around 3 companies sufficient for you to demonstrate that you really aren't made for a big business?

So in your goals essay, you start with your long term goal then support it with what you learnt about yourself as you moved from company to company, and while bschool is the missing next step.

"My long term goal is to start a company that makes widgets. Having worked for 3 companies in 5 years, I've realised that while I am passioate about solving problems, I like doing it best on my own terms. I've only just come to realise that having been around the traps.... etc...While I've been in areas x, y and z, nothing has really tied it together and a genermal management degree would allow me to a b and c"

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odannyboi: Master | Next Rank: 500 Posts; Posts: 112; Joined: Wed Aug 18, 2010 9:25 pm; Location: City by the lake; Thanked: 3 times; GMAT Score:630

by odannyboi » Fri Dec 24, 2010 12:15 pm

humblebee wrote:Isn't the fact that you've moved around 3 companies sufficient for you to demonstrate that you really aren't made for a big business?

So in your goals essay, you start with your long term goal then support it with what you learnt about yourself as you moved from company to company, and while bschool is the missing next step.

"My long term goal is to start a company that makes widgets. Having worked for 3 companies in 5 years, I've realised that while I am passioate about solving problems, I like doing it best on my own terms. I've only just come to realise that having been around the traps.... etc...While I've been in areas x, y and z, nothing has really tied it together and a genermal management degree would allow me to a b and c"

Awesome! Thanks for the content. You pretty much hit the nail on the head.

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