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‘I made my first $1 million at 28 years, lost it all at 32 years’ – McDan

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Dr. Daniel McKorley, Chairman of the McDan Group of Companies, has shared some of the challenges he faced during his business path.

According to the prominent business entrepreneur, his difficult path to success saw him accomplish a watershed moment when he earned his first million dollars at the age of 28.

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He did, however, reveal that he lost it all when he was 32 years old owing to certain behaviors he had in his childhood.

Dr. McKorley, who spoke at the third Zongo Startup Summit on December 23 in Accra, stated that while he is now worth billions, his business career has not been without setbacks.

As a result, he stated that he wishes to share his expertise and experience with the Zongo community in order to assist nature realize the enormous potential of its children.

“I made my first $1 million at the age of 28 years…you know one funny thing; I lost it all at the age of 32. Life is funny and there’s something called attitude. To make money you need to apply certain principles, understanding and having the right attitude to make money and this what I want to impact into the lives of the youth in the Zongo community.

“When I start counting my billions, I want to have youth who are also millionaires from the Zongo around me and that is what we call success because when you become successful in isolation, it becomes a problem,” McDan stated.

Dr. Daniel McKorley also urged young entrepreneurs and startups to provide useful solutions in order to get the necessary investment to take their firms forward.

He also urged them to apply important ideas and leverage tiny beginnings to leapfrog their enterprises, while maintaining the appropriate mentality to increase their chances of acquiring the necessary finance for success.

 

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