失败的申请商科类essay解读（2）

失败的申请商科类essay案例解读，这是第二篇，后续会陆续给大家收集一些案例！

MBA Failure Essay Example 2

The application essay question / topic:

Question: Describe a failure or setback that you have experienced. 

What role did you play and what did you learn about yourself? (500 

words)

In 2001, a child forgotten in a car in our city died. 

This bothered me so much that I decided to invent something that would prevent 

it from ever happening again.

I came up with the idea of creating a 

child-secure environment. I felt the idea was simple, inexpensive and essential. 

However, instead of pushing it immediately, I hesitated and moved slowly. Five 

years later another company introduced it to the market. I still view my 

hesitation to move quickly as a failure. 

Even though I invented several 

products for commercial use in the past, such as a mechanism to keep the 

freshness of food at restaurants, I felt this idea had the greatest 

potential. 

When I first started to develop the idea, I initiated 

research and collaborated with specialists from different areas, such as car 

safety and childcare. After 6 months, I realized I had neither money nor 

business connections in the area, so I decided to wait for an opportunity to 

attract investors.

Two years later, in 2003, I revived my idea after 

attending a lecture from a successful local entrepreneur. I initiated a meeting 

with the manager of our largest patent company and persuaded him to work with 

me. Next, I began developing the prototype.

I created a business plan and 

presented it to 5 potential investors. I convinced them the idea had great 

potential, yet they preferred to start working only after the patent was 

guaranteed. However, this was a long and expensive process, so as before I 

hesitated from taking the next step until I had the funds.

In 2006, I 

read an article in a news website that a product very similar to mine was 

successfully released by a UK company. The headline was “How didn’t we think 

about it earlier”. I knew I missed my chance and was very 

disappointed.

Although I failed, I learned a lot about myself. 

I 

learned that sometimes the fear of failing could stop me from moving forward. 

Instead of being afraid to fail, I should have considered this experience an 

important lesson heading up to my next venture. I learned that even a good idea 

has to be pushed as much as possible and that I cannot succeed if I'm too afraid 

to risk resources such as money or time. 

I also realized that I cannot 

do everything on my own, and that teamwork is a crucial element in success. Once 

you picked excellent people, you need to trust them with your ideas and with 

their work. For example, by cooperating with professionals and even starting a 

partnership, I could have boosted my idea. 

This experience affects me to 

this day. For example, it reflects in my aspiration for a business career, 

including my MBA candidacy. I am not afraid to invest as much time or money as 

needed. I also believe I could leverage my MBA experience to meet partners I can 

cooperate with in the future. Most importantly, I now look for the opportunity 

instead of being afraid of it.