Forget for a moment that Tory Burch–creator of ubiquitous ballet flats, colorful boho tunics, and ultra-luxe boutiques–is 29th on Forbes's list of A merica's Richest Self-Made Women , because she doesn't want to talk about success. What she wants to talk about are setbacks. Each year the Tory Burch Foundation selects 50 female entrepreneurs from a thousand impressive candidates to be personally mentored by Ms. Burch.

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