Model answer
Written by 8020 teachers. Do not memorise it — take the structure and the way ideas are developed, then speak about your own life.
During my final year at university, I was part of a five-person team put together for a semester-long project where we had to design and pitch a small business idea to a panel of actual local investors, not just lecturers, which made it feel a lot higher-stakes than the usual coursework. My role ended up being mostly the numbers side of things — the budget, projected costs, that sort of unglamorous but genuinely essential work — partly because I was reasonably comfortable with spreadsheets and partly because nobody else particularly wanted to do it, if I'm honest. The way the team worked together wasn't smooth the whole way through; we had a fairly serious disagreement about a month in over the direction of the idea itself, two people wanting something more ambitious than the rest of us thought was realistic given our deadline. What actually got us through it was one member insisting we each write down, separately, what we thought the worst-case outcome of each direction would be, and comparing notes — it turned a fairly emotional argument into something closer to a practical decision, which I found genuinely useful and have actually used since in other group situations. We ended up presenting a scaled-down version of the ambitious idea, and while we didn't win, one of the investors followed up afterwards about a summer internship, which felt like a better outcome than winning would have been, honestly.