Is starting a business good but what if it unsuccessful it it bad on my application

Answered

So a business is a standout on an application however you should it is likely very time intensive and it shouldn't just be the stereotypical lemonade stand. Generally the more unique it is the better but again that's generally. Even if its unsuccessful you will A learn a life lesson and B it shows you can overcome failure and you pt your best footforward. However it should be permanent and not an activity that you did for a school year then ditched then it would a negative.

Hope this helps