Reid Hoffman, LinkedIn founder, offers some reality on entrepreneurship lifestyle

Entrepreneurship plays well in admissions. This is because business schools want to put their effort into and brand on the person who will build great new companies or institutions, rather than someone who will become a salaryman, no matter how big the salary.

Problem is, it’s easy to say “I want to start a company,” but if you haven’t done it, it is hard to sound like you know what’s involved. Anyone can be vague. Specificity grounds your essays and makes you sound more mature and more likely to succeed.

The solution: there are good entrepreneurship success stories around all the time. As an MBA applicant considering playing the “I’m an entrepreneur” card in you application, it’s worth imbibing some of these, particularly learning of the hardships and uncertainties of this career lifestyle as well as the freedom and rewards.

Here’s a short sample, an article on Reid Hoffman, founder of LinkedIn: ‘How I Did It.’

Some great interview advice between the lines in “Harvard is my hump”

There’s a heartwarming story in today’s Philippine Star (philstar.com) by Gina Valerie Chua, who tells the story of her March HBS interview and April admission to Harvard. See the full story at this link.

Other than the feel good factor, for admissions purposes there are two takeaways. First is she beat out many apparently better candidates – as she puts it: “those NASA astronauts and genetic scientists who are dreaming of the exact same thing.” She says: “Only 900 applicants are admitted out of 10,000 from all over the world: investment bankers, UN diplomats, cancer-curing surgeons — and little old me somehow found my way through.”

I’m sure she is being modest about her own competitive profile, but the point remains. You don’t need to be a superstar. You just need to be competitive and apply well.

The second takeaway concerns reflections on the HBS interview.

Says Chua: “I remember my interview. They asked me why I insist on writing despite my career in investment banking, an anomaly in this world of perfectly drawn certainties. What I told them is the very reason you are reading this now: I wish to write about possibility. Whether we are meant to find it at home or some 9,000 miles away, there is a world waiting for us, waiting for our courage and our lack of self-restriction. We cannot help but be creators — of books, skyscrapers, wars or dynasties — and the best of who we are can only be found in the hope they leave behind.”

Idealistic waffle wouldn’t you say? Puke? Well, that’s the point. For better or worse most Adcoms like idealism. Harvard perhaps more than most. They don’t want naivete, but they do like world-changing visions. If you are not something of a dreamer at 25, you’ll never be, and they are not looking to put the HBS brand on (more) money-grabbing cynics.

And, reassuringly, they don’t penalize anomalies, nor seek a world of perfect certainties. Be yourself.

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