Bethenny Frankel: 'I Feel Like a Failure'

For the first time since announcing their separation and filing for divorce, Bethenny Frankel is opening up about her split from husband Jason Hoppy in an emotional interview with Ellen DeGeneres.

During the chat with her pal that's scheduled to air on Wednesday, Bethenny speaks out about her current mindstate and how she's handling the tough situation, saying that as much as she wants to keep things private, she knows because of her public persona that her fans want to know what's going on. "I can’t just only be on reality TV and show everything when it’s fairy princess, fairytale and then not take my hits when I have to ... I’ve kind of had the best worst year ever … it’s the highs and the lows," she said during the interview.

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Then, Bethenny got introspective, admitting to Ellen: "I feel like a failure ... I really put it out there. I wanted the fairytale. I thought I had it," she said, choking back tears.

B admits she moved so quickly with the divorce because she "wanted to rip the Band-Aid off so it could start to heal," saying that despite her tough girl exterior, she's currently "scared" and knows she's seen as a role model to some of her fans. With that knowledge, Bethenny takes a sense of responsibility, telling Ellen: "This is an important time, because it’s about what I do next. How I handle myself now with grace, with dignity. This is the time now that matters."