Outlook for Mac: Repairing Main profile

When opening Outlook for Mac user experiences Repairing Mail Profile message which never completes;

1. Open Finder
2. Navigate to Applications
3. Right click Microsoft Outlook and click Show Package Contents
4. Navigate to Contents > Shared Support and open Outlook Profile Manager
5. Add a new profile and make it default
6. Now open Outlook and re-add the required accounts.