Tyra Banks: Insecurity paves the way to success

By: Patricia Sellers, FORTUNE

Tyra Banks speaks a simple truth about a lot of powerful women (and many men too): Success, more often than not, is born out of insecurity.

The supermodel-cum-media entrepreneur created the TV hit, America's Next Top Model, has just released her first novel, Modelland, and is doing a variety of web projects. All of which makes her a powerful role model for many young women and girls.

Banks went from introvert to "mean girl" to "freak girl"-tall and gawky and insecure-by her early teens, she told me in last week's interview for the MPW-Yahoo (YHOO) Power Your Future series. "I became a victim of mean girls," she said, adding, "I became the victim of myself."

It was on her first day of high school when a classmate tapped Tyra on the shoulder and asked, "Are you a model?" That was all it took to give her a little self-esteem. Starting to model in 11th grade, she was college-bound (with acceptances from UCLA, USC, and Loyola Marymount) but got a chance to go to Paris to model. She deferred college and gave herself a year to become a supermodel.

And she did-but only because, she says, her mother told her that she had to distinguish herself from the competition. Before leaving for Paris, Tyra spent countless hours in the library, studying the top fashion designers and models over the decades. "I have to get a signature walk," she told herself. Her first year in Paris, Banks broke the record for most fashion shows by a newcomer.

On Monday, October 3, Banks will help kick off the Fortune
Most Powerful Women Summit with a twist on mentoring: she and some 35 other women leaders-including fashion entrepreneur Tory Burch, Lululemon (LULU) CEO Christine Day, Gilt Group Chairman Susan Lyne, singer Rosanne Cash-will be interviewed by high school senior girls (all from military families). The topic: success and how to get there wisely.

As Banks views it, real power is "the power to make change, the power to be effective"-and all about passing it on to the girls. "It's the power to make them feel better," she adds.

[ Donate: You can help inspire girls to be strong, smart, and bold by giving to Girls Inc. ]

In her fantastical novel Modelland--which she wrote in between empire-building and going to
Harvard Business School --Banks is speaking to girls and young women as insecure as she used to be. "I want to expand the definition of beauty so more girls can feel beautiful when they look in the mirror," she says.

Now at 37, Banks also wants to have kids of her own-and marriage to her longtime boyfriend, investment banker John Utendahl, isn't essential to her plan, she says. Children would be a huge commitment for a woman who has few hours to spare as it is. But if Banks had one more hour in the day to do something good, how would she spend it? "I think I would get the phone numbers of certain girls who reached out to me and were having some issues with their self-esteem," she replies. She says she would ask these girls to look in the mirror, find one thing great about themselves-their nose, toes, whatever-and next month, look again. And again.

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