You point out several good points and the good news is, you have the core profile for a top tier school. B-school is way more than 80 hours a week, so they will not look favorably on that kind of work schedule as a reason for not being involved. One thing you might consider is initiating some community involvement efforts through your firm, with them granting time "off" to lead a group in an area of your community. Goldman Sachs does this (Community Teamworks Program) and leading the charge would make a good impression. Also, you should think about ways you have been involved in the past and resurrect that passion, which will look like continuity (example, "I have been working with the elderly since high school" etc. ) even if there are gaps in doing something, you will look more committed if you have some threads in your involvement. You should also look to get on a board or two--community theatre, public service or politics (run for city commisioner where you live), church groups, etc. can all be good sources for getting engaged. Also make sure you seek challenges at work and try to get some international experience if you can. Even if this is just recreational travel, the top schools want to see that you have built a perspective beyond the local bubble that most Americans are in. Hope this helps!
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