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NewsHow McDan fell from grace to grass and bounced back

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How McDan fell from grace to grass and bounced back

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Business mogul, Daniel McKorley, popularly known as McDan, has recounted his grace-to-grass-to-grace story.

During an interview, he disclosed that at the age of 28, he made his first $1 million, however, he lost it all at the age of 32.

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“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,” he revealed.

He noted that his lack of proper business principles and understanding accounted for this great loss.

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“To make money you need to apply certain principles, understanding and having the right attitude to make money,” he advised.

He however noted that this did not break him down as he bounced back and recovered his loss.

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Daniel McKorley, popularly known as McDan, is arguably one of the big names when it comes to entrepreneurs in the country. 

He was born on June 17, 1971, in the Ghanaian capital Accra, McKorley fought his way out of poverty to build the McDan Group of Companies, a transportation and logistics company with operations in freight and contract logistics.

His businesses include McDan Shipping, McDan Aviation, and McDan Logistics. It is reported that his companies are widely recognized in Sierra Leone, Equatorial Guinea, Liberia, and his own home country, Ghana.

His McDan Shipping Company, headquartered in Accra, also has branches in Tema and Takoradi. What is more, it has a presence in over 2000 major air and sea ports worldwide due to its partnership with Cross Trades and World Cargo Alliance (WCA).

The company is also the first and only Freight Forwarding Company to obtain an Air Carrier License in handling chartered cargo flights in Ghana and currently is the GSA for multiple airlines, according to the company’s website.

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