Quick Question

The fashion moguls foundation hosted its third Embrace Ambition Summit to empower entrepreneurs.

If theres one thing you should know about Tory Burch, its that shesdeterminedto empower other women.

Did you always want to start a foundation to help other women?

Tory Burch the fashion mogul in a black turtleneck sweater behind multiple microphones

So, thats what I went and talked to investors about and they werent exactly thrilled.

But the concept of business and purpose now…its such a change today.

Its very gratifying to see.

People need to understand that purpose is good for business.

I would suggest always thinking about the positive impact your company can have.

That can manifest in many different ways.

What has been the most rewarding part of the #EmbraceAmbition campaign?

And really, the Embrace Ambition [Summit] summarizes a lot of that.

Its about making women believe in themselves and building their confidence.

And when I say that…it can be as a stay-at-home mom.

It doesnt have to be a CEO, you know?

Its in the way they live their lives and how they look at themselves.

It comes down to confidence.

Really, its women believing in themselves that Im very, very inspired by.

In 2004, it was perceived as a very rude question.

I think times have changed a bit that said, not enough.

I think there are negative associations with ambitious women versus ambitious men.

Youve said before that your mother reminds you that negativity is noise.

How has that advice helped you in your career?

I think everyone has self-doubt.

Its something thats served me quite well, just to tune it out.

What other advice has stuck with you over the years?

A lot of entrepreneurs talk to me about the market being saturated.

I always say, the space is never too crowded if you have a unique vision.

I think thats very important.

If you believe in something thats making you stand apart, youre onto something.

This interview has been edited and condensed for clarity.

This article was originally published onJune 21, 2022