Tory Burch built a billion $$ fashion empire without any formal education in fashion, no MBA, and only $1 million of her own capital. Patricia Sellers of Fortune Magazine recently interviewed Tory Burch on stage at Stanford University about resolving her legal battle with her ex-husband & co-founder who also became a fierce competitor and how she brought on two new major investors.

"One thing I see all the time with entrepreneurs is that they give too much of their company away way too soon."

Watch a clip from Fortune's interview with Tory Burch:

Ready the entire article in Fortune right here.