Daniel McKorley, better known as McDan, is a well-known Ghanaian businessman and the Executive Chairman of the McDan Group. He has cautioned young people against getting married before having enough money, stating that it might be exhausting.
Speaking at the 2025 PCH Hangouts at the ICGC The New Wine Temple in East Legon, McDan discussed his thoughts on personal discipline and financial readiness, emphasizing the value of developing oneself before assuming significant obligations like marriage.
“Avoid marriage if you lack funds. “If you’re poor, don’t get married because it will ruin your life,” he said firmly.
Why McDan postponed getting married
McDan spoke out about his personal hardships, saying that one of the main reasons he put off getting married was his financial obligations.
“I couldn’t marry early because I was afraid of chop money,” he said. “I grew up in a setting where it was common to witness a guy physically assault a woman over chop money, as well as a woman verbally abuse a man over chop money. Therefore, I was afraid of the institution of marriage.
His comments highlighted the financial strains that many couples experience as well as the effects that financial difficulties may have on partnerships.
Focus and discipline are essential for success.
Beyond marriage, McDan emphasized the need of attention and discipline for young Ghanaians. He bemoaned the fact that although many Ghanaian youths are bright and full of promise, they lack the self-control and bravery to follow their aspirations.
“The young people of Ghana require discipline, along with a little bravery. “This country has intelligent young people, but they need a little courage and discipline,” he said.
When he started the McDan Entrepreneur Challenge, he got 15,000 submissions for new firms, but many of them lacked what he called “the finishing power.” McDan used his personal experiences as an example.
“It’s not cash. The last touch. Focus on yourself if you urge me to put everything else aside and concentrate on just one thing,” he said.
In order to succeed, he urged young people to sacrifice themselves and cultivate a strong work ethic.
“Start sleeping four hours a day if you now sleep eight. There are many advantages to serving others, even if you dedicate an additional two hours to it. Thus, begin with yourself,” he said.
“Other People’s Money”: the secret to launching a business
In addition, McDan exposed the young people to “OPM”—other people’s money—by stating that by leveraging other resources and practicing sound financial management, people may launch firms without using their own funds.
“Even if you have nothing to do, you can still practice OPM and be a really intelligent man. I’ve been there before. “You can use OPM, where discipline is your number one hallmark, even if you don’t have any money to start your business,” he said.
McDan encouraged young people to believe in themselves, build self-confidence, and take action to achieve their objectives.
“You are in charge of your future. You must be able to tell yourself, “I will make it,” when you stand in front of the mirror. A thousand miles of travel must begin with you. He said, “Stop everything, take a moment, and examine yourself.”
Many participants found resonance in McDan’s message, which emphasized the value of financial preparation, dedication, and bravery in attaining both professional and personal success.
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