Published Oct 17, 2019

LIVE! Patience or speed? Both. w/Tory Burch

Tory Burch discusses her journey of building a billion-dollar brand by skillfully balancing strategic patience and speed, emphasizing the importance of strong company culture and values. She also delves into her direct-to-consumer strategies, brand integrity, and her commitment to empowering women entrepreneurs through her foundation.
Episode Highlights
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Episode Highlights

  • Empowerment

    Tory Burch's foundation is a beacon for empowering women entrepreneurs, offering investment and mentorship to foster growth and success. She highlights the story of Coco Andre, a mother-daughter chocolate company that has transformed their community and expanded into major markets like Whole Foods and American Airlines 1. Tory emphasizes the importance of ambition, challenging the negative connotations often associated with women in business.

    Women are an important part of a business equation, of a successful business, and they think differently.

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    Her foundation has distributed over $50 million, with plans to increase to $100 million, supporting entrepreneurs across the United States 2.

       

    Confidence

    Confidence remains a significant hurdle for women in business, as societal stereotypes often undermine their self-assurance. acknowledges her own struggles with confidence and stresses the need for women to advocate for themselves 3. She believes that building confidence is crucial for women to succeed in entrepreneurship, where challenges are constant and resilience is key.

    Women need to be better advocates for themselves. They need to.

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    adds a technological perspective, emphasizing the importance of emotional intelligence in AI to better understand human communication, which is predominantly nonverbal 4.

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