Does Owning a Business Help w/ Admissions?

<p>It is certainly a great ec but it won’t help much unless you can demonstrate what you’ve learned from it. Revenue isn’t the only thing making a business valuable, it might be possible that someone just tok on a whole lot of risk for a one time profit). Be sure to elaborate on your business experience and how you managed to be successful. By itself, owning a profitable company won’t get you in. </p>

<p>@starbright: I agree but its far more likely that the 2400 student would do well. After all, if the 1900 student can grind on his academics why not prepare a bit for SATs since he should know that adcoms care about them?</p>

<p>screw Wharton, just get your MBA at Harvard. You technically don’t need a college degree ;)</p>

<p>Wait, I don’t get it. If you would have school until 1-2pm and work from 1-2 to 10pm, then how would you be able to study for exams, or even do homework? I’d say you could manage at the most Bs in all your classes if you only do a total of 2 hours of homework for example. This is unless you forsake all the AP classes, which is a bad decision. All in all, those numbers aren’t possible.</p>

<p>Not going to do number crunching, but I worked anywhere from 50-60 hours a week in high school {a few weeks, over 100} and got 5s on most of my APs. Where there’s a will, there’s a way. The OP could have something set-up with her HS, or the business could be HS-related. </p>

<p>I didn’t go to classes, and my school let me study things independently. Different things work for different people, and high schools are lot more lenient for bright students than one might think.</p>

<p>well, granted that explanation of why Wharton, I’m not sure this is the right place anymore. If you know you’re going to pursue your business idea, you might want a cheaper degree from a lesser school because the info is going to be about the same. With Wharton, most of the money goes to paying for the logo on your transcript.</p>

<p>2 pages, OP has 5 posts and yet there’s still no one who thinks that he’s a ■■■■■?</p>

<p>Whats a ■■■■■?</p>

<p>All i want to know is if this will give me an advantage in getting into Wharton.</p>

<p>If I should even be going to school is an irrelevant topic because I have already decided that I want to go to business school. The logo is a big deal. The greatest problem I have with my business is that people don’t believe a 17 year old is capable of doing the job they are looking for.</p>

<p>Tests are easy, if your a smart person, you don’t need to study in highschool to get A’s… Highschool is hardly thought provoking.</p>

<p>So does it give an advantage? The first couple people said no, then it sort of switched to yes…</p>

<p>If tests are so easy, why do your SAT scores suck?</p>

<p>Can’t pay attention to 1 thing for more than 20 mins… Probably ADD but thats what gives me so much creativity when it comes to creating new and innovative advertising campaigns. Always have to multitask…</p>

<p>Okay, running a six figure business, as unlikely as that seems for a high school senior, is more or less an automatic in to Wharton… those who say otherwise have no idea what they’re talking about. Wharton cares about real results. If you can run a successful business (especially in this economy), you can clearly handle the Wharton curriculum. Test scores mean nothing, as does GPA. Real world experience means a hell of a lot more… come on now.</p>

<p>As for whether 62 hours a week is feasible, do you have any idea about the real world? I worked 90 hours a week two summers ago, and I still had time to hang out and relax quite a bit. First year law associates and investment bankers can expect to work 100-120 hours a week… so 62 hours a week plus high school is more than possible (especially if you take a light senior courseload… my senior year I was only in school for 23 hours a week, so 30 hours of work outside of school fit in quite nicely with six hours of band and a social life). </p>

<p>The main question you need to ask yourself, provided that you aren’t lying (admittedly I am skeptical), is whether you will be able to run a business while attending college. I was hallmates with the founder and CEO of GIVE Water two years ago, and he really had to struggle to balance everything. If your business is located more than a six hour drive away, it will be extremely difficult to maintain things. Wharton’s curriculum isn’t particularly difficult when compared to many other Penn courses of study, but the competition is immense. That said, you won’t need to worry about competing for As like the majority of Wharton students; you will compete for Cs, which are incredibly easy to get, so that you get the Penn diploma from the Wharton School of Business.</p>

<p>Also, 8 hours a day, seven days a week, is 56 hours, not 62. I’m not sure where you got 62 hours… that isn’t a factor of 8 at all.</p>

<p>Let’s put this in perspective here: running a six figure business is a unique experience but its not an automatic in. College admissions care more about what you can do in the future than what you’ve done in the past. You use your past experience to elaborate on your abilities, interests, etc which is what this activity will help alot with. The only time running a business is close to an automatic in would probably be for executive MBA programs. This is undergrad, you’re developing core business skills and adcoms care that you’d do well in school. Without persuasively demonstrating your capacity to absorb those skills through this experience, running a business would just be yet another activity (albeit a time consuming one). </p>

<p>@OP: do you have someone to verify the hours you’ve worked on this?</p>

<p>@chrisw: remember that a good business is measured by profit and risk, winning the lottery does not make you a good businessman.</p>