<p>Well, I’ve noticed lately that everyone and their dog seems to have a web business, which is probably bad news for me lol. I’m getting kind of nervous after seeing all of the awesome business ECs people have now. I’m not sure if admissions officers will understand the size of my business. I’m kind of afraid they’ll just dismiss it as another 1 hour per week kiddie web business. </p>
<p>What should I do to avoid this? Is this really a smaller deal than I’m thinking - I talked to a guy @ Wharton and he didn’t think it was that big of a deal :(?</p>
<p>Anyways here’s the description ------------
I have been running a large web business since middle school (not the average kiddie web design business), basically I create large amounts of websites, services, and blogs and I promote them. I started this business with a eight dollars on a domain and I built it up purely with my own money. </p>
<p>Some major points:
-For this business I hire a large number of employees (up to 70 on busy months, although some part time, some are part of freelance groups).
-I own/rent about 50 servers per month.
-In addition, I gross in the 5 digits per month easily (although I only net in the 4 digits :().</p>
<p>I’m just wondering if this will still be a major hook when I’m applying to Wharton, because I used to consider this to be a pretty major deal (sure acceptance when combined with relatively decent stats - ~2250 SAT - will try for 2300, 3.7 GPA, decent school participation, etc.), but now everything seems kind of iffy… </p>
<p>If it’s not a big hook, how can I improve my chances? Should I concentrate on expansion? I’ve recently stopped reinvesting my profits into growth, but I’ve considered throwing all of my savings in on an office, should I try this? Thanks.</p>
<p>I got into Wharton without any business ECs or courses whatsoever while friends of mine who have been taking business courses for 4 years, have their own businesses, do DECA, etc. got rejected, so don't count on your business experience to get you in.</p>
<p>Your average "business" being touted by people on these boards is some <4 figures annual grossing toy. Many aren't even incorporated and basically employs one person. </p>
<p>Don't worry, just send in some tax returns with the income (corporate earnings if its incorporated). If you are netting >4 figs a month, thats very noteworthy.</p>
<p>Manage your business to make profits not for college. If you don't need an office then there should be no reason to get one. I have noticed a sudder increase in the number of "businesses" being touted on CC. Its yet another outgrowth of the college race.</p>
<p>Your stats are rather similar to mine actually. Manage business (finance related), should be 2250 SATs, ~3.7 UW GPA etc.</p>
<p>
[quote]
I got into Wharton without any business ECs or courses whatsoever while friends of mine who have been taking business courses for 4 years, have their own businesses, do DECA, etc. got rejected, so don't count on your business experience to get you in.
[/quote]
I'm certainly not confident about getting into Wharton anymore, and I'm not counting on this to get me in anymore. I'd like to know how I can improve my chances since this doesn't appear to be sufficient.</p>
<p>mahras, unfortunately my business isn't incorporated :(. I'll probably just send them my revenue things and stuff. And yeah, I don't get why so many people are just making businesses for college, if you do make one, do it for the profit.</p>
<p>Well none of us can simply be absolutely sure of getting in due to just one aspect of our application. However, it is most definately something other applicants have or the other "business" managers applying to Wharton.</p>
<p>Your stats are pretty much what mine were, but some of those people I mentioned before had better ones. I think the most important thing you can do is make sure your essays are solid - show them to everyone you know who can read, especially teachers - get their feedback. My English teacher was probably the most helpful source throughought my entire college application process. My essays when I first started vs. after working on them with her made a huge improvement, and I think that's what got me in versus the other kids that didn't get in from my school. I was the only one that stayed with her for days to work on them. Your teachers WANT to help you, so definitely utilize them when the time comes. Your parents are a good source, unless you have parents like mine that have no clue where commas go.</p>
<p>The number was 20-30 I believe. Can't remember exactly what source it was from (I think the dailypennsylvanian). Those are probably legitimate businesses with actual revenue/cash flows.</p>
<p>One of the partners in the biz I manage is heading to Wharton this fall (CC poster haithman). FX money management for clients as well as liquidity providing deal with a FCM. </p>
<p>That should be a nice activity as well. I have been interning at a trading firm here in the city as well (assistant trader intern).</p>
<p>I should note that a friend of mine had interning experience at a major ibank in NYC and still couldn't get into W. So its not a "hook" as its called here on CC.</p>
<p>"Why does it matter what % are Asian? It's about 5% though."</p>
<p>because I am asian and i want to figure out my chances, overall, do you whartonites think that the admissions process is fair for ED, how are the chances for an general applicant compared to harvard's EA or princeton's ED?</p>
<p>How does that help you figure out your chances? MIT has a large asian population and it's hard to get in there as an asian, and Wharton has hardly any but it's still hard to get in. I sure hope you aren't going to a school just because there are more of a certain race there. There's no admissions process that's fair at any school either. The applicant pool with be just as selective as Harvard and Yale's pool.</p>