Though she's an internationally recognized fashion designer and self-made millionaire, Tory Burch used to hate the word many might use to describe her: ambitious.
"When I got into the workforce, it seemed like anytime people described an ambitious woman, it was a bit negative," Burch tells CNBC.
The word has two meanings: having a desire to be successful, powerful or famous, and being difficult. When used to describe female professionals and their career goals, it often takes on the second meaning, Burch says.
"The word 'ambition' when associated with a man is celebrated," she says, "and with a woman it's more derogatory and it seems a bit crass."