Kevin O'Leary runs several companies that bear his name: wine business O'Leary Fine Wines, private equity firm O'Leary Ventures and financial company O'Shares Investments. He's also famous as a judge on ABC's "Shark Tank," through which he's invested in businesses like Plated — a meal delivery company that sold to Albertson's for $300 million.
But it took years for O'Leary to succeed in business. And that struggle taught him something important.
"Entrepreneurship is not about the pursuit of wealth or money, nothing to do with it," he tells CNBC Make It. "It's the pursuit of personal freedom."
It's a lesson he hopes to pass on to his children Trevor and Savannah, both now in their 20s.
"I can afford to take my kids to any city anywhere on Earth every weekend, and I do. I work all week long, I'm usually gone, but I always say to my family, 'Pick a city; we'll all meet together,'" O'Leary says.