Does experience in entrepreneurship counts as work experience ?

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I have been working on a startup for the past one year. I passed out of college last year with a BTech degree. Started working at a BPO and also with my startup. Everything with my startup didn't work well and I closed it do do MBA. I wanted to do...
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I have been working on a startup for the past one year. I passed out of college last year with a BTech degree. Started working at a BPO and also with my startup. Everything with my startup didn't work well and I closed it do do MBA. I wanted to do an MBA because I want ot gain some some knowledge in business. Allthough I had appeared CAT this year but got a meagre 67 percentile. I'm appearing it next year also.


So my question is does experience of working for a startup counts as work experience while appllying for B-Shoools ??
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