mysql_install_db FATAL ERROR: Could not find ./bin/my_print_defaults

// look for binary path.
# which mysql_install_db
/usr/local/bin/mysql_install_db

// look for binary path.
# which my_print_defaults
/usr/local/bin/my_print_defaults

// set basedir to /usr/local
 /usr/local/bin/mysql_install_db --basedir=/usr/local