Dear bigbubble,
All hope is not lost--there are many MBA programs out there that would welcome your application. The question is for you to determine which ones are the right programs for you based on your career goals and desired school culture. Being an entrepreneur is not a negative in your profile, nor is your GMAT score. If your business has survived for 4 years, then I call that a success. Perhaps it is not as profitable as you would like, but staying in business for that long is a sign you are offering a product/service that people want. I would think you would have some interesting essay topics you could write based on your venture. For tips on identifying potential programs for you, I encourage you to read our sticky on school selection.
Good luck,
Lisa
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