An HBS Entrepreneur Promoting Career Flexibility

Click here to listen to our conversation with Allison O'KellyPeople looking for traditional 9 to 5 desk jobs almost seem to be the exception in 2015. HBS grad and entrepreneur Allison O’Kelly is all for the change.

Want to know more? Listen to the full recording of our talk with Allison, Founder/CEO of Mom Corps and champion of the Flexibility Movement.

00:01:31 – Introducing Allison O’Kelly and Mom Corps.

00:04:13 – The value of the “traditional route” of spending a few years in the workforce before launching a startup.

00:05:41 – How an I-don’t-know-what-I-want-to-do-with-my-life moment shaped Allison’s future.

00:07:27 – Pros and cons of “staffing up” your small business.

00:10:37 – How helpful is b-school for an entrepreneur?

00:16:10 – What people simply get wrong about Harvard Business School.

00:17:46 –The “flexibility movement” – beneficial for employers and employees.

00:20:52 – Want to join the flex movement? Here’s what you need to do.

00:24:23 – Thoughts on enhancing your profile for HBS admissions.

00:26:56 – Advice for future entrepreneurs. (And a word to those who “don’t have it in their blood.”)

00:29:14 – What the future holds for Mom Corps.

Listen to the full conversation to learn more!*Theme music is courtesy of podcastthemes.com.

Related Links:

Mom Corps

Related Shows:

• Entrepreneurship at Stanford GSB: Carlypso Drives Down the Startup Street
• Making International Student Loans a Prime Investment
• Entrepreneurship at UCLA Anderson
Valentine’s Day, Economics, and Stanford GSB
• MBAs Across America: Entrepreneurs with a Heart
• Life as an HBS MBA Student
MBA Search: Matchmaking for MBAs and Businesses

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Entrepreneurship at UCLA Anderson

Listen to our complete interview with Elaine Hagan and Angela Klein!Well before “entrepreneurship” was a household word, UCLA Anderson was one of the first b-schools to teach it. Decades later, they are still going strong.

Listen to the full recording of our podcast interview with Elaine Hagan, Executive Director of the Price Center at UCLA Anderson, and Angela Klein, ‎Program Manager at Anderson, for the scoop on entrepreneurship at UCLA.

00:01:41 – Featured Applicant Question: Should I take seriously an email from an admissions committee encouraging me to apply and even offering help?

00:05:48 – Introducing Elaine Hagan and Angela Klein.

00:07:04 – What the Price Center does for ULCA Anderson students.

00:10:10 – Changes to teaching entrepreneurship over the past 10 years.

00:11:46 – Can the “the mindset of an entrepreneur” be taught?

00:15:30 – Anderson’s approach to teaching entrepreneurship.

00:20:35 – The Knapp Venture Competition.

00:25:40 – Benefits of working for an established company first

00:28:35 – Ingredients of a successful entrepreneur.

00:30:38 – The difference between guy and gal entrepreneurs (and a word about international differences, too).

00:33:58 – What future entrepreneurs should do before arriving on campus.

00:36:46 – Will writing, “I want to study entrepreneurship” on your application convince the adcom? (And what Anderson hates more than anything else.)

Listen to the full conversation to learn more!*Theme music is courtesy of podcastthemes.com.

Related Links:

UCLA Anderson Price Center 
UCLA Anderson 2015 MBA Essay Tips
• “Start-up Costs for MBA Graduates Pay Off” from the Financial Times

Related Shows:

• MBAs Across America: The Coolest HBS Internship
• Life as an HBS MBA
• SoFi: Alumni Funded Student Loans
• CommonBond’s Story: A Revolution in Student Loans
• Entrepreneurship at Stanford GSB: Carlypso Drives Down the Startup St.
• Making International Student Loans a Prime Investment

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Making International Student Loans a Prime Investment

Listen to the full recording of our conversation with Cameron Stevens.B-school students need funding, MBA alumni are looking to invest. Prodigy Finance brings the two together.

Listen to the full recording of our conversation with Cameron Stevens, founder and CEO of the company that provides loans to international students and a secure and meaningful investment opportunity for business school graduates.

00:01:30 – Cameron Stevens and the wonderful story of Prodigy Finance.

00:06:05 – An overview of how Prodigy Finance works for investors and student borrowers.

00:11:02 – The difference between Prodigy Finance and the bank.

00:17:52 – Who is eligible for these student loans?

00:21:03 – How the loan application process works. (And the story of Linda’s embarrassing first version of Accepted.com.)

00:26:46 – Where the funding comes from.

00:30:26 – Cameron’s INSEAD experience and the value of an MBA in launching and running a business.

00:42:34 – On the roadmap: job search help.

00:44:16 – Fit and goals: two tips for b-school applicants.

Listen to the full conversation to learn more!*Theme music is courtesy of podcastthemes.com.

Related Links:

Prodigy Finance
INSEAD 2014-2015 MBA Essay Tips
• INSEAD B-School Zone

Related Shows:

• An Inside Look at INSEAD
• SoFi: Alumni Funded Student Loans
• CommonBond’s Story: A Revolution in Student Loans
• Financial Aid & Health Insurance for International Students

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Learn How to Choose the Best MBA Program for You!

5 Million to Share: The 43North Competition

Want to know more? Listen to the full episode!Do you have a great business idea but need 1 million dollars to get yourself started? Meet Peter Burakowski, Senior Marketing Manager at 43North.

Listen to the recording of our fascinating conversation with Peter to find out why 43North is going to give away $5 million dollars to eleven promising entrepreneurs and what you need to do if you want to be one of the winners.

00:01:43 – About 43North (and why you really want to win).

00:10:06 – Who can apply.

00:11:21 – Why retail and hospitality are excluded.

00:12:25 – The 43North application process.

00:14:30 – What are the judges looking for?

00:16:33 – Setting up shop in Buffalo.

00: 21:49 – How many applicants are vying for the gold?

00:23:37 – About the judges. (Will you be one of them?)

00:27:32 – Mentorship and community.

00:31:03 – A lot more than a t-shirt: what happens to the semi-finalists.

Listen to the full conversation to learn more!

Admissions Straight Talk Subscribe to Admissions Straight Talk in iTunes so you don’t miss a single episode! *Theme music is courtesy of podcastthemes.com.

Relevant Links:

•  43North
•  Which Universities Contribute the Most to VC-Backed Entrepreneurship?
•  MBA Admissions Special Reports
•  Grad School Admissions Special Reports
•  Med School Admissions Special Reports
•  Law School Admissions Special Reports

Related Shows:

•  MBAs Across America: The Coolest HBS Internship
•  Which Schools are Good for PE/VC and VC-Backed Entrepreneurship
•  Business, Law and Beyond: An Interview with John Engelman
•  Dr. Douglas Stayman Shares the Scoop on Cornell Tech NYC
•  Jeff Reid on Entrepreneurship
•  CommonBond’s Story: A Revolution in Student Loans

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What Are My Chances? Midwestern Sales Guy with Start Up Ambition

This blog post is one in a series of MBA applicant profile evaluations called “What are My Chances?” authored by Michelle Stockman. Michelle, who started consulting for Accepted in 2007 and worked previously in the Columbia Business School admissions office, will provide selected applicants with school recommendations as well as an evaluation of their qualifications.

If you would like Michelle to evaluate your profile at no charge and as part of this series, please provide the information requested at http://reports.accepted.com/what_are_my_chances

Profile 4: “Matt” the do-gooder Midwestern sales guy, with start up ambition

Check out the rest of the What Are My Chances? series!

Don’t forget your hometown advantage.

-Background: 28-year-old white male from Midwest. Business major with 3.7 GPA from state university in Indiana. Scholarship cross-country runner and team captain.

Matt, you’re like a lot of biz grads in the U.S., perhaps a bit bored after a few years in the workforce. You see a long, slow road ahead if you settle for climbing the corporate ladder. You seem to want to test yourself and follow your dreams. What you’ll need to prove to the admissions committee is your unique worth—what you have to offer to the rest of the student body in terms of skill, knowledge, and drive.

What does set apart your undergrad experience is your strong extra-curricular as a scholarship cross-country runner while managing a very decent GPA. I’m sure your tenure as a team captain gives you several stories of leadership and teamwork. But college was a long time ago. Keep your application as much in the present as possible.

-Work Experience: Four years as account manager at rapidly-expanding B2B technology firm
 in Chicago. Managed a sales team of 20 people.

CFA level II candidate.

You’ve got solid work experience on an upward trajectory at a, likely, regional firm that’s respected within the industry, but not a Blue Chip brand on the national or international stage. It’s fantastic that you’ve managed a sales team of so many people—shows you’ve got to know how to motivate and delegate. Can you quantify the impact of your leadership?

On the other hand, I do wonder why you are pursuing your CFA. It doesn’t seem to mesh with your career path in sales, and I’m not sure a sales background would qualify you to become a charterholder. Perhaps it’s a side interest?

-Short-term goal: Found a tech startup in the software industry.

As an ad comm. member, I would have lots of questions about this goal. What is your idea, exactly? What kind of research have you done to show demand? As a sales guy, do you have the technical expertise needed, or do you already have partners in mind? Do you have any prior experience in start ups, or fundraising? You would need to connect the dots in the application.

-Long-term goal: Eventually move into private equity investing.

Ah, this is where the interest in the CFA likely comes in. If I were you, I would not reach so far with your long-term goal. If you’ve got a reasonable story to support entrepreneurship, stick with the long-term goal of growing your start up into a larger firm. Delving beyond that into private equity investing could be confusing to the ad comm.

-GMAT: 700 45 Q/40 V.

This is a pretty good GMAT, but the quant is a little low for the top echelon of schools. You may want to consider retaking if that’s your first try. A higher score would increase your competitiveness.

-Extracurriculars: 5x volunteer for Christian summer service group building schools and water projects in Ghana. Run twice-weekly youth program at church.

Wow, you’re a busy, faithful guy. These activities show long-term dedication and international reach. The ad comm. will want to see that you’ve moved up into leadership positions, and perhaps introduced some innovations to the projects.

 It’s important to show you have values, but don’t get too preachy. The ad comm. may hold a different belief system from you. Focus on how you may have helped communities, and even better, individuals to improve not so much by the transformative force of a higher power, but by smart, innovative leadership on your part.

-Schools:

Stretch matches: Kellogg, Booth

On-par matches: Michigan, CMU Tepper, Emory Goizueta, UT McCombs

Safety matches: Notre Dame Mendoza, Indiana Kelley

Final Note: Don’t forget your hometown advantage. You’ve done well in the Midwest, likely building up lots of respect and connections locally. You’d do well to tap into those by staying in the Midwest for b-school, and then through the connections you make, build out.

Learn how to evaluate your profile to determine the best business school for you!

Michelle Stockman is a professional journalist, former Columbia Business School admissions insider, and experienced MBA admissions consultant.