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Candidate:

Mr. Future Family Legacy

About Me:

Being a part of a family business that did not believe a lot in education, it was not a priority for me. My objective was to get through college and start working in the business. Less than 1 year into the business, I was not feeling very comfortable with the things going on in the family business being too young to know what was wrong and what was the right way to fix it, I decided to take some outside experience. This is when my life changed. I started working with the chairman of an Indian Fortune 500 company on his not-for-profit, a peer to peer learning platforms for entrepreneurs. After which I was absorbed into another project by him, India’s first water-based physiotherapy center as a Jr. Business Manager. Worked with him for a total of 2 years and these were the most defining moments of my life. I got to see a family business with revenue of over $1 billion run so smoothly and closely observe the systems, processes, and structure in the business. It is here that I realized the importance of knowledge and became a voracious reader, with some recommendations from the chairman. After this, I started working in my family business with a completely new perceptive. Am currently heading 3 projects for the business- 1) Setting up a new plant that should increase our revenue from $100 to $250 million by 2024. 2) Transforming the accounts and finance team – Allowing us to get accurate data and make more informed decisions. 3) Socioeconomic initiative that will increase the earnings of farmers and increase the quality of our raw material. We are one of the first ones to start off with this project and we believe the firm that cracks this will get a huge competitive advantage.

Details:

Undergrad School: University of Exeter

Undergrad Major: Business Adminstration

GPA: 3.0

GMAT: Not Yet Taken (Expected 700-750)

Age: 25,  Ethnicity: Asian or Indian

Other Degree/Certification: CORe(HBS), Six Sigma Green Belt(KPMG)

School Name: HBS, KPMG

Extracurriculars: Was working at ASCENT Foundation, not-for-profit peer to peer learning platform for entrepreneurs. Still help them out with their key events cause I feel very passionate about the cause and hope to be able to contribute more over the years, Working on a socioeconomic initiate in the family business that will help the farmers and provide us with high quality raw material, Voracious reader, made a website with the notes of the books I have read, quickreads.biz (wip, adding notes on 2 books per day from my library)

Work History:

Title: Chief Transformation Office (family business)

Industry: Manufacturing

Company: Top Firm

Length of Employment: 2 yrs, 1 mos

Title: Jr Business Manager

Industry: Healthcare

Company: Start-Up

Length of Employment: 1 yr

Big Life Wins:

Setting up the first 2 centers for the water-based physiotherapy startup was a huge win, gave me a sense of confidence that anything is achievable with the right team in place. Being a two people team, the Business Manager and I were responsible for projects, accounts, finance, marketing, etc. with support from the parent company. The two years that I worked outside have been the most instrumental years of my life with lots of small and big achievements, amazing feedback from colleagues and habits that I am confident will help succeed in both personal and professional life in the future.

Post MBA Goal:

Short-term: I would like to come back and add systems, processes, and structure into the family business as a foundation for it to grow in the future. Medium-term: My aim is to grow the business by 15% every year for the next 40 years of my career with an amazing team to work with. Long-run: My aim is to turn the business into a legacy lasting generations, no longer needing family members in the driving seat.

Schools:

Target School: Harvard

Status: Open

Considering: Stanford GSB, Wharton, Columbia, Kellogg

Odds:

The Experts Rate The Odds At: 5%

  • Stratus Admissions Counseling | Odds Assessment: 5%

    Mr. Future Family Legacy – Thanks for sharing your profile. Susan Cera here from Stratus.

    Kudos to you for recognizing that you didn’t have the skills and knowledge you needed to add value to your family business upon graduating from college and looking elsewhere for professional development. Your profile is very interesting and you will likely have a compelling narrative to tell.

    Given your softer undergraduate GPA and no test score, it is really difficult to guage your competitiveness. For an Indian national, there is a BIG difference between a 700 and a 750.

    While your odds at HBS are low, I like both Wharton and Columbia for you because of their strength in family business. Kellogg 1Y would also be a good fit for you since your …

    2 years ago Read the full review

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The Community Currently Rates The Odds At: 38%

  • 75% | 2 years ago

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