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($) Do you still want to be an entrepreneur?

October 5, 2020 by EssaySnark Leave a Comment

Can you even remember what you were planning to be and do at this time last year? Everything has changed. Undoubtedly you have changed, too!!

Our reactions to stress are so individual.

Some people feel uncertainty and they kind of panic — they get an emotional response that makes them feel very activated by it in a way that is not just uncomfortable, but they need it to stop.

Other people may kind of shut down in the face of anxiety.

Still others become almost energized in a way.

If you’re seeing the problems in the world right now and all of it makes you want to curl up under your blankets and hide — no shame in that!

Or, if you’re someone who’s feeling like, “Dang, the world is messed up, we need to CHANGE STUFF!” then maybe you’re feeling even more empowered to start a company through your MBA experience.


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We also encourage you to think about the power inherent with being a founder. If you’re going to start a company, then you’re going to have employees. The conversations we’ve offered around the culture of a school are at least as applicable to whatever you want to do as a leader of a firm yourself in the future.

What about the ethics of technology? Yes there’s surely lots of good that has come from it. What of the harm that can be done?

Most top MBA programs provide opportunity to examine these questions too — but certainly not all of them are that focused explicitly on such questions. If you want to bring change to the world, then understanding these issues will be important and it may be something you need to drive through the curriculum as a change agent in your own right, rather than only being a passive consumer of what the school offers up.

Staying educated and aware about the powers of the techopolies and not getting desensitized to the ever-encroaching surveillance capitalist state is the responsibility of all of us. Mark Hurst at Creative Good is one to follow in this area — see his recent post calling attention to what may have seemed like an innocuous product announcement from Amazon.

This could be an opportune time to be thinking of what the best avenue for you to bring change to the world might be. If you’ve pitched the business school admissions teams on your interest in starting a company through the MBA experience, then it’s likely you have already identified a sphere or sector within which you will ply your skills and build a product or service that adds value. Or, if you’ve been thinking that you want to go into bschool with the intention of exploring all the options, and with the support of the concentrated resources and opportunities to do that, then consider spending this pre-MBA time to learn more about yourself, identify those values that you know you have, and start to consider what you’d want in a partner. Solopreneurs can build businesses, but if you’re really wanting to go big, then most VCs want at least a partnership of two or three founders. There are many, many opinions out there on what makes for a good partner, and there’s also actual research, such as some of what we shared today.

The first step is understanding yourself, doing some strengths and weaknesses assessments, figuring out what you’re good at and what you enjoy, compared to what you’d prefer to gain from a solid partnership from a co-founder — this can be worthwhile to explore, if you’re, like, sitting around twiddling your thumbs waiting for interview invites to come out.

 

Filed Under: entrepreneurship

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Next: Harvard say yes? Harvard say no? Harvard say maybe? What to do next: A decision tree »

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Sometimes amused and often appalled by what candidates write in their MBA applications to top bschools, EssaySnark created this little blahg to share common mistakes. Learn from them and avoid making admissions directors laugh (or want to hurl) when they read your essays. If you are hoping to have your essay reviewed anonymously on the blahg for free, submit it for consideration.

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UPCOMING MBA APP DEADLINES

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From a BSer January 2020:
"love the guide books!"


CLASS OF 2023 MBA APPLICATION STRATEGY GUIDES

     
    The 2020 Berkeley-Haas MBA Application Guide - updated for the Class of 2023 application!
SnarkStrategies Guide for Berkeley Haas - refreshed and updated, with brainstorming exercises and structured maps to help you focus your stories!
   
    The 2020-2021 NYU Stern MBA Application Guide that covers the main essay, the EQ Endorsement and Pick Six!
SnarkStrategies Guide for NYU - discusses your requirements for the Class of 2023 essays!
   
    The 2020-2021 Columbia MBA Application Guide
SnarkStrategies Guide for Columbia Business School for 2020-2021 applications
   
    The 2020 Harvard MBA Application Guide - completely overhauled and updated for the coronavirus era!
SnarkStrategies Guide for Harvard Business School!
   
    The 2020-2021 Duke Essay Guide - covers the 25 Random Things essay and all the rest too!
SnarkStrategies Guide for Duke Fuqua - up to date for the current season!
   
    The 2020-2021 MIT Essay Guide covers the org chart, the contacts for two references, and additional tips for the cover letter and 'introduce yourself' video -- and everything else you need to know!
SnarkStrategies Guide for MIT Sloan MBA - totally revised for the Class of 2023!
   
    The 2020-2021 Tuck Essay Guide has been refreshed with latest insights and advice for your essays about "investing generously" and "why Tuck"!
SnarkStrategies Guide for the Dartmouth Tuck MBA - completely overhauled for 2020, to help you demonstrate how you are nice, aware, etc stuff!
   
    The Yale SOM MBA Application Guide for Class of 2023 candidates!
SnarkStrategies Guide for Yale SOM - updated for 2020-2021
   
    The 2020-2021 Chicago Booth MBA Application Guide - ready to go to support your Class of 2023 essay strategy!
SnarkStrategies Guide for Chicago Booth for this year's MBA app!
   
    The 2020 Wharton MBA Application Guide - even more advice on how to get to a win with those essays!
SnarkStrategies Guide for The Wharton School - with new tips for 2020!
   
    The 2020 Kellogg Essay Guide - with a full methodology to identify your 'lasting impact' and your 'values' -- plus tips on 2020 world events and applicability to your essays!
SnarkStrategies Guide for Kellogg MBA - updated and revised for the new realities of 2020!    
      The 2020 Stanford MBA Application Guide - for "what matters most" in your MBA application!
SnarkStrategies Guide for Stanford GSB for the Class of 2023
   
    The 2020-2021 UCLA Anderson MBA Application Guide - updated for Class of 2023 on "impact"!
SnarkStrategies Guide for 
UCLA
   
   

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What were we snarking about at this time in past years?

  • 2020: ($) What to consider with your Kellogg (or other school's Rd 3 Flex) app: Recs, timing, optional essay
  • 2020: ($) Coronavirus and the MBA: Kellogg changes the game
  • 2019: Is your GMAT good enough?
  • 2019: Volunteering and MBA applicants from the non-profit world
  • 2018: ($) If you took the GMAT while you were in college and now X years later you're applying for an MBA
  • 2016: Success Story! Deciding between two offers: "I was surprised by how the more I thought about it..."
  • 2015: ($) Continued from yesterday: When will Harvard release their MBA app? And which app should you do first?
  • 2015: Which schools release MBA essay questions when?
  • 2014: Bschool is all about food.
  • 2013: Researching MBA programs
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