Tyra Banks expands already broad horizons

We know Tyra Banks is a supermodel, TV host and actress, but she's also attending Harvard Business School, writing a novel and -- launching a fashion website. It's called TypeF.com.

While the website isn't going into uncharted territory for the "America's Next Top Model" host, she tells "Early Show" co-anchor Chris Wragge that, for her, it's best to go with what you know. "That's one thing school has taught me is to stick with your core competent competency. And I know fashion and beauty, she said.

Tyra Banks: America's next top mogul

So what is "Type F," anyway?

"It means whatever you want to mean. For me it means type fierce. It's a place; to me, it's a revolutionary destination where women can come and get personalized information for them based on their specific body types," she explains. "If you look at fashion beauty magazines, they say, 'You have to look like this, you better look like this, if you don't look like this, you're not good enough.' Type F says the exact opposite. You would give us all your information, your eye shape, your face shape, your skin color, every single thing about you, and then we start to deliver information based on you. You're the star and when you come back, we greet you by name and you get information for you."

What separates this website from the thousands of other fashion and beauty websites?