chrismanderson/gist:2838249

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    To set the root user password. From terminal.
 /usr/local/Cellar/mysql/5.5.20/bin/mysqladmin -u root password 'enter_a_password'

Then do
 mysql --user=root --password=enter_a_password

In the mysql command prompt:
For DB_NAME, ENTER_DB_PASSWORD, ENTER_DB_USER, enter values of your choosing.
 create database DB_NAME;
 grant all on DB_NAME.* to 'ENTER_DB_USER'@'localhost' identified by 'ENTER_DB_PASSWORD';
 flush privileges;