Bethenny Frankel details how she went from being 'broke' to creating a $100M business empire

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Bethenny Frankel delved into the secrets of her multimillion-dollar fortune in her newInc. Magazine profile, published Monday.The 51-year-old Real Housewives Of New York City veteran recounted how she went from being 'broke' after a string of failed business ventures to becoming a high-profile reality star and eventually a successful entrepreneur.The most important part of creating her empire involved holding out for a RHONY contract that bucked tradition and prevented producers from taking a cut of her future projects, which became known as the Bethenny Clause.

Moving on up: Bethenny Frankel, 51, shared in Monday's Inc. Magazine profile how she went from having only $8,000 in the bank to selling her Skinnygirl alcoholic drinks for a rumored $100 millionThe businesswoman was always on the look for a new opportunity, even going back to high school, when she would rent out hotels rooms, hire a DJ and charge her friends for access to the party.'I was always an entrepreneur,' she said of her early days. 'I just didn't know what it was called.'After graduation from New York University, she headed west to Los Angeles, where she worked odd jobs that put her in proximity to the rich and famous, including working as a nanny for a young Paris Hilton and serving as a personal assistant to Hollywood superproducer Jerry Bruckheimer and his wife Linda.

After a stint in event production, she got the idea to sell stylish cape scarves for $68, and she was initially able to interest stars includingSalma Hayek, Susan Sarandon and Julia Roberts.But after expanding into ponchos and pajamas, the business cratered forcing her to start all over.'It was the bad apple that spoiled a whole bunch,' she said of the poorly timed expansion.