Tory Burch, the 57-year-old executive and philanthropist, spoke at a panel on leadership at the 2024 TIME 100 Summit about her reflections on her career and success. Despite her many achievements, Burch admits that sometimes she struggles to believe how far she has come in the last two decades. Her eponymous brand now has over 300 locations worldwide, and her designs are worn by top figures in the fashion industry.
Burch attributes her resilience to her success, highlighting the highs and lows that have shaped her into the leader she is today. She emphasizes the importance of showing up in a positive manner and practicing what one preaches as a leader. Burch believes in being agile in business, maintaining a vision while also being open to change when necessary.
She stresses the significance of having a unique perspective and staying true to one’s convictions while being willing to adapt to changing circumstances. Burch has instilled a sense of resilience in her company by valuing diversity and having a strong global presence to withstand challenges in any part of the world.
Burch encourages others to explore opportunities for passive income through CNBC’s online course and to subscribe to CNBC Make It’s newsletter for valuable insights on achieving success in various aspects of life. She believes that being able to persevere and rise to the occasion in the face of adversity is crucial for both business and personal success.