<p>If someone never worked for anyone, but started a business himself after college (actually, before he even graduated), and the business was successful, does that count toward "work experience? Assuming the revenue is 500k with high profit margin.</p>
<p>Thanks</p>
<p>I’ve been wondering the same thing, actually. Ostensibly, the schools claim to love entrepreneurship. In reality, “business school” could probably be more accurately changed to “consulting and banking school.” Remarkably few MBA graduates ever actually start new businesses or ventures.</p>
<p>It seems that when it comes to entrepreneurial work experience, the schools are simply elitist. If your business is a wildly-profitable tech startup, great! If the same tech startup is not profitable, they won’t count it, and all that work is for nothing. Starting a small business such as a store would not count either, even though it takes a lot of intelligence and independence to do so.</p>
<p>You really can’t over-exaggerate just how elitist these MBA types are. They do honestly seem to think that their consulting and investment banking experience makes them every bit as brilliant as the geniuses who actually started groundbreaking businesses like Microsoft and Google, and will accept nothing less.</p>
<p>But honestly, I think if you go for it and start your own business, you’ll never want to go back to the corporate/MBA track anyway, and you’ll need that $100,000 in capital a lot more than the MBA anyway. I would gladly live on a tenth of my current salary if it meant running my own business. Just go for it!</p>
<p>Sure, if you’ve started a credible, sustainable business it would be great work experience. The only problem is that few with a credible, growing business would stop to go to B school! It especially makes no sense in our current economy. Who need B school when they’re doing well?</p>