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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 values diversity and a strong global presence as crucial elements in building a resilient business that can withstand challenges in any part of the world. With a workforce of over 5,000 employees under her leadership, Burch stresses the importance of showing up in a positive manner and practicing what she preaches. She believes in being agile in business, maintaining a vision while also being open to change when necessary.

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 instilled a sense of resilience in her company by emphasizing the importance of being adaptable to changing circumstances while staying true to one’s convictions. Burch 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.

Overall, Tory Burch’s reflections on her career highlight the importance of resilience, diversity, adaptability, and perseverance in achieving success as a leader.

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