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Mba Essay Sample Failure Notice



Our MBA Application Essay Review Service requires the client to write about their failure even if the essay does not ask them to do so. You know why we torture our energetic applicants to relive the dark phases of “FAILURE”? We noticed that a greater measure of the emotional maturity or EQ of a person is the manner in which she explains her failure. If “We”, a word used sparsely during questions about success is frequently used when the topic is about Failures, the blame game has already started. 



Failures – Cultural Implications

For the Japanese, failure carries a much deeper psychological wound than what Americans lightly term as “setbacks.” For Indians, a Govt. Job or the predestined Engineering or Medicine degree hold a higher prestige than the failure-filled Entrepreneurial route while for the Chinese, a Business failure is tolerable with a recent Chinese OECD survey showing that 90% of the participants would give a second chance to the failed Entrepreneur.

For MBA applications, failure is not limited to the narrow scope of Entrepreneurship but includes Life Experiences. Failures from your personal experience might be setbacks for an American reviewer, a catastrophe for an Indian reviewer, and a tolerable blip in your otherwise glowing career for a Chinese reviewer. Understanding a universally acceptable life experience independent of the reviewer’s cultural and personal upbringing is crucial to connect with the admission team.

Survivor Bias

Search for Book titles with “How I survived a --------------“.

Now fill the blank with Divorce, Cancer, Failure, Financial Meltdown, Bankruptcy, you name it.

Have you ever seen a best-selling book – “How I lost it all” without any redeeming phrase in the end?

We all love the redemption story, not because we are the soapy sentimental type, but our hope machine depends on stories of survival. With an evolutionary bias towards stories about survival, failures never become part of the news.

Steven Levitt, the Freakonomics author, did tackle this question directly. While reviewing Good to Great by Jim Collins – the early start-up bible for many, Steve noticed that Jim had shortlisted 11 companies from 1435 listed companies. The companies were those that picked momentum when Jim was writing the book (2001). He found a common trait that bound them all together – “a sense of discipline”. Unfortunately, for Jim, one of the 11 outperforming companies was Fannie Mae, which went bankrupt in 2008 and delisted in 2010 after several attempts by the Govt. to resurrect it. Moreover, the other 10 companies underperformed heavily compared to the S&P 500 index. When a company is delisted, it is never part of the analysis, and Financial Analyst do historical analysis of companies that have succeeded over a small period of time, and then try to find attributes that seem like a common trait. This is what Books about Entrepreneurship does.

For every Steve Job or Zuckerberg working out of their parent’s Garage, there are thousands of other Entrepreneurs who didn’t even cross the first stage of funding. To attribute success to “Persistence” and “Ramen Noodles” based on who became successful is a flawed approach.

MBA Failure Essay: Over citation of Persistence

Essays have turned into those Entrepreneurship Books. Applicants are trying to credit the usual suspect – “persistence” for their comeback. You can do better than that. Specificity wins over general attribute matching. The Admission team is reading the 100th essay about Persistence. For once, highlight your problem-solving capability. You didn’t persist perhaps. You changed direction by analyzing the reasons for your failure. Very few applicants have that perspective and very few actually get into Harvard.

Don’t Dwell on Failures: Curse of Self-Help Books

If you go to any self-help books from the 7 Habits of Highly Effective People to How to Win Friends and Influence People, to the bulk of the Tony Robbins and Zig Ziglar titles, a unifying theme emerges. Don’t dwell on Failures - a common advice MBA Admission Consultants give partly to meet the 500-word limit where you have to include the ‘corrective action’ but mostly because it is not cool to keep sulking on your failures. The moment have passed. Look forward. Learn from your mistakes. Even superstar Entrepreneurs keep giving the same advice – “If you are afraid to fail, you will never succeed, and then swiftly change subjects to the next big venture they took off the ground.”

For the thick-skinned Entrepreneurs and Global Business Leaders, who talk about Failures in such impersonal terms – why is it you might wonder, they never spend even 20% of their words on this crucial aspect of their life journey. Failure is seen as an Idea Virus, and the more you discuss or analyze failures, more the chance that you will approach your next venture with ‘negativity’. The reality is further from this myth.

Worst Possible Results: Was it really ‘The Worst’?

Our minds are naturally working on paths of least resistance, and daydreaming about the best-case results. If you look back at your failures, they were some of the worst results but were they the worst possible results. Perhaps not. It would be a rarity if your failure contributed towards a company going bust or your company losing a major client. Sure there was a loss of revenue. Most contracts have penalties for delays and underperformance. Otherwise, how is it a failure? But the relationship was amended by a colleague or the supervisor with the Gift of Gab.

Even if you took a company down – don’t defend yourselves with all those silly MBA jargons about “Synergy and Team Spirit”. Those applicants never make it to the interview stage.  For those, who came out from the worst to a better position, panicked, and desperately tried solutions to get out of the slump. Even a solution that allowed you to survive is a comeback. The redemption story need not be that dramatic. Most dramatic comeback stories are not believable, and the AdCom will file your essay with the list of fictional books for their private reading.

Analyzing Failures: The Growth Mindset

An applicant with Growth mindset looks at challenges as opportunities for mastery. What most applicants confuse is the difference between mastery and persistence. To persist means to continue in a path despite failures. Mastery is more of a mindset than action, and how do the Admission team know? The tone with which you write about Failure will expose your mindset.

The Fallacy of Talent: Those who think that talent is fixed will make an observation about their God- given talents, and reveal weaknesses as talent deficiency. That is a red flag. No one is an in-born Financial Analyst or a Software Programmer. You acquire the skills by working on your Math and Logical skills. You don’t become a great writer by reading thousands of essays and visualizing sentences. You write – some great, some unpublishable but some worth keeping in your MBA Essays. Talent once developed need effort to sustain. When your failure essay is not about Talent but effort, you have taken the first step in differentiating yourselves.

Criticism:
Applicants who are defensive about Criticism will either not mention it in the essay or put a positive spin on their experience. If you have failed, you will attract criticism from your supervisors, your colleagues, and your clients. It is a natural reaction. How did you take the criticism should be the thread that you use to write about the corrective action, not the self-realization or calm reflection about events that led to the failure. Let us be real. When we fail, we are least likely to act like a monk. The common thread in the criticism from different stakeholders will reveal the real reasons for your failure (lack of focus, effort, or faulty decisions).

Support:  When we fail, someone else will do the rescue act. Most applicants fail to mention the role of the colleague or the supervisor, who was decisive in taking over the project or helping you during the crisis. Use them as inspirations. What did you learn from them? Did you consider the failure as an opportunity to persist or as a lesson to master your skills? How did you approach the next project after the failure?

Don’t worry if writing about Failure with a growth mindset doesn’t come naturally to you. We will guide you through the writing process. Subscribe to our Essay Review Service.

Please Comment On a Situation Where You Failed To Reach An Objective and What You Learned From It. 

My initial few months with ABC Inc.  (As Solution Manager) brought in a series of exciting, yet, sharp learning curves: (a) Primarily a sales-driven organization, ABC focused intensively new customer acquisitions much in contrast with my earlier employer (b) Responsibility for much higher sales volumes and a larger team (30 personnel) which, in itself, was new to Banking.

With zeal to exceed targets within a month itself, I mobilized my team towards the aggressive goal – only to realize that we would not make it! In addition to planning gaps, I noticed the need for positive re-enforcement in my team.

In succeeding weeks, we (further) researched and pinpointed key customers, re-developed our promotional strategy and ensured greater readiness in product know-how. I lead the team, hands-on, during several client visits – mentoring them towards successful selling. In less than 2 months, we surpassed targets by more than 150%.

The initial drawback taught me to lead through active engagement. I realized that people, when empowered, can contribute not just through deliverable but in a variety of ways – be it team spirit, creative problem solving or an unparalleled work ethic.