Finance

“Nobody Has All the Answers,” McDan Urges Entrepreneurs to Embrace Failure But Keep Building

In the fast-paced world of business and professional life, many young professionals and entrepreneurs assume that the people at the top, CEOs, executives, and celebrated business icons, always have all the answers and solutions. But, in a twist, renowned Ghanaian business magnate, Dr. Daniel McKo...

The High Street Journal

published: Sep 23, 2025

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In the fast-paced world of business and professional life, many young professionals and entrepreneurs assume that the people at the top, CEOs, executives, and celebrated business icons, always have all the answers and solutions.

But, in a twist, renowned Ghanaian business magnate, Dr. Daniel McKorley, is challenging that perception with a candid revelation that “everyone is winging it.”

The founder and executive chairman of the McDan Group says not even those with “fancy degrees, big offices, huge paychecks, or shiny titles” have it all figured out.

He says that the corporate world is far too unpredictable and dynamic for anyone to be completely competent in everything their role demands.

“Nobody Has All the Answers,” McDan Urges Entrepreneurs to Embrace Failure and Keep Building

“Some people may have more training or experience than others, but the world shifts too quickly,” he notes, pointing out that success in today’s landscape is less about knowing everything and more about being resilient, adaptable, and focused on the dream despite setbacks.

Drawing from his own journey, McKorley admitted that his success did not come from certainty, but from trial and error, which involved a great deal of failures, rejections, ideas that did not work, and long nights no one saw.

“Here’s the twist,” he explained. “We’re not all winging it. Some people have figured it out. They know exactly what they’re building, why it matters, and how to keep going when the odds are stacked against them.”

The celebrated entrepreneur argues that the difference between those who merely survive and those who thrive lies in the willingness to keep moving forward, to learn quickly, and to transform failures into stepping stones.

He calls on Africa’s upcoming professionals, many of whom are venturing into entrepreneurship amid limited resources and high unemployment, to cut through the myth of perfection that often paralyzes aspiring leaders into waiting until they “know enough” before starting.

Instead, he advises that people should “stop waiting until you know enough. Start trying. Start failing. Start again. That’s the only way you’ll ever get to the part where you actually know what you’re doing.”

His admonition underscores an important lesson that success is not about having all the answers upfront but about building clarity through persistence. For him, every misstep provides insight, and every setback offers direction.

This, he says, is the real education that no textbook or degree can fully provide.

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