<p>I recently started a business that is now making roughly 2000 dollars a month... I am very interested in business school... I am currently going to be a junior... My gpa is a 3.9 unweighted and my ACT was a 32 when i took it as a sophomore... Does this business experience help my chances at a top undergrad business school like PENN or MIT? How much does it help? In general, how much does starting a successful business help getting into a top business school?</p>
<p>bump …</p>
<p>It helps, certainly, but that alone is not going to get you accepted. Make sure you do a wide variety of things to supplement your app.</p>
<p>Your business would be a good thing to talk about for your essay. You can discuss your difficulties, successes, and how you learned from it.</p>
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<p>Revenue or Profit? Either way it could make a great essay, however the latter is much more impressive than the former (and will likely help you in admissions).</p>
<p>“Make sure you do a wide variety of things to supplement your app.”</p>
<p>This isn’t good advice. The result is often a laundry list of random activities as if some memo went out saying that you have to have a) a sport b) x hours of community service c) at least one club presidency and d) a musical activity. None of this is necessary.</p>
<p>Find the 2-3 things you care about - sounds like your business is one of them - and take them to a level that enables you to differentiate yourself from the hoards who are rampaging around creating clubs and forming non-profits so they can make themselves president. </p>
<p>Of course, if you don’t have the grades and test scores, no EC is going to cancel that out.</p>
<p>Thanks for the advice guys… I have alot of ECs too i am club president of a couple of clubs. I am also involved in speech, debate, DECA, and mock trial… Thats what i was thinking though, whether the business would make for a great essay… And I am only a month in and generating 2000 of profit… Do you think If i can break 3 to 4 thousand dollars of revenue a month it will impress colleges and single me out from other ivy applicants</p>