During a panel on leadership at the 2024 TIME 100 Summit, Tory Burch, the 57-year-old executive and philanthropist, shared her reflections on her career and success. Despite her achievements, Burch admits that she sometimes 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 credits her resilience for her success, emphasizing the highs and lows that have molded her into the leader she is today. She believes in being agile in business, maintaining a vision while also being open to change when necessary. Burch stresses the significance of having a unique perspective and staying true to one’s convictions while being willing to adapt to changing circumstances.
With a workforce of over 5,000 employees under her leadership, Burch values the importance of showing up in a positive manner and practicing what she preaches. She instills a sense of resilience in her company by emphasizing diversity and having a strong global presence in order to withstand challenges in any part of the world. She believes that being able to persevere and rise to the occasion in the face of adversity is crucial for success in business and in life.
In addition to encouraging resilience within her company, Burch also encourages others to explore opportunities for passive income through CNBC’s online course and subscribe to CNBC Make It’s newsletter for valuable insights on achieving success in various aspects of life.
