Congratulations to Tadhg Morrisroe and Eva Moroney who will be joining me on this year's student council!
Sunday, September 28, 2014
Thursday, September 25, 2014
Contract Law
Over the past two weeks in business, we have been looking at contract law. We studied two main cases:
Smith was an English racehorse trainer. He ordered oats from Hughes after seeing a sample of them. But when the oats arrived, they were not what Smith was expecting. Smith had required old oats, the only oats that his horses would eat, yet he was delivered green oats. However, the sample that had been shown to Smith was of green oats, which he did not want. Nevertheless, Smith sued Hughes for breaching their contract.
The matter was brought before the courts. It was said that Smith should have been more sensible, as he had been presented with a sample of green oats. As a result, Hughes was found not to be in breach of contract. This goes down in history as being one of the first contract law cases. The simple principles surrounding this case inspired a new business idea; Caveat Emptor (let the buyer beware). This rule is still in use today
Smith Vs. Hughes:
Smith was an English racehorse trainer. He ordered oats from Hughes after seeing a sample of them. But when the oats arrived, they were not what Smith was expecting. Smith had required old oats, the only oats that his horses would eat, yet he was delivered green oats. However, the sample that had been shown to Smith was of green oats, which he did not want. Nevertheless, Smith sued Hughes for breaching their contract.
The matter was brought before the courts. It was said that Smith should have been more sensible, as he had been presented with a sample of green oats. As a result, Hughes was found not to be in breach of contract. This goes down in history as being one of the first contract law cases. The simple principles surrounding this case inspired a new business idea; Caveat Emptor (let the buyer beware). This rule is still in use today
The Carbolic Smokeball Co.:
Student Council
I was elected onto the student council last year. Mark Cullen and Brid O'Donnell were the other councillors elected with myself. The tradition in the school is that one council member stays on while the other two have to vacate their seats (but have the option of going for re-election). None of us were too enthusiastic about stepping-down. So Brid, Mark and I decided to hold a rock-paper-scissors tournament to decide who would be staying on. This skillful spectacle took place amidst a busy hallway and an intrigued crowd of on-lookers (okay, I'm joking about the latter). Ten tedious minutes later, I had beaten Mark and secured my place on the council for the second year running. I wish Mark and Brid every success in the election tomorrow - but you might want to brush up on those rock-paper-scissors skills !
Wednesday, September 24, 2014
Music
Just to keep you entertained while you're reading the blog, I've put my Spotify playlist over to the right. Just accept my eclectic taste in music that ranges from Calvin Harris to Genesis, and from David Gray to Jamiroquai. Quite random indeed!
Be warned, as there may be some swearing in certain songs!
Enjoy! :-)
Be warned, as there may be some swearing in certain songs!
Enjoy! :-)
ECDL
The ECDL is the European Computer Driving License, an extra-curricular course run by the school. Each Monday at 4pm, I spend a little over an hour learning practical skills/information including the parts of the computer, how to use software packages and how to create websites. In my opinion, this is one of the most worthwhile courses to do in TY. Not only do you learn many new skills in the IT sector, it is recognised by employers as a qualification. I know I will get great enjoyment throughout the year from ECDL!
PS. Big thanks to Mr. Craig for taking the class after-school!
IT Team
I'm a part of the IT Team. We're in charge of running the TY website. This site showcases what is happening this year and is home to the latest sport results, all of the student blogs and details of the Gaisce award.
If you have any queries regarding the website or any of the blogs, don't hesitate to contact me or indeed any other member of the IT Team. All feedback is welcome!
:-)
PS. I also design the weekly newsletter, which is e-mailed to parents. If you think I've left out something or spot a spelling mistake (I'm only human too), please get in touch!
Music Festival
In my eyes, Paul Heaton is a musical genius. One-third of 90s hit machine 'The Beautiful South', he has written and featured in hits including 'Good as Gold', 'A Little Time' and 'Perfect 10'. I went to see the Yorkshire-bred singer perform at the Groove Festival in Bray during the summer and it was at that gig that I got to see his true talent. Heaton is a songwriter with evident passion about his songs.
Fresh from appearing as lead singer of 'The Housemartins', Paul Heaton founded 'The Beautiful South' with David Hemingway. It was in 1987 that they released 'Song for Whoever', their debut single. It went straight to the top of the charts at the time and is now one of their best known works.
I'm sure you've already realised that I'm a massive fan, so that's why I've chosen to enter it into the Music Festival this October. Evin Kierans will accompany me.
I hope your looking forward to the show as much as I am. Until then, I'll leave you with a little taster of the song:
The History of Rock & Roll
This year in music we are studying the history of rock & roll. Here's what we looked at on the first day:
By the 1950s, ballroom dancing was a thing of the past as
people flocked to hear the catchy sound of rock and roll. Bill Haley and The
Comets brought this cutting-edge genre to the masses with their 1954 hit 'Rock
around the clock', creating a rock revolution which brought us The Beatles, The
Beach Boys and Elvis Presley among others. America was still segregated in the
1950s and the charts were dominated by white musicians.
But it wasn't long
before black people had their very own rock superstar. Chuck Berry was hoping
to be a photographer, and decided to start a band in order to raise enough
money to buy a camera. But his single 'Maybellene' sent him to stardom. The Missouri
guitarist, known for his 'duck walk', wrote numerous songs including 'Johnny B
Goode' and 'Rock and Roll Music', as
well as featuring in a film. His quirky style and effervescent personality meant
that his fans adored him.
A true musical legend, Berry still performs today.
Thursday, September 11, 2014
Entrepreneur Factfile: Renee McGinn
On the 9th of September I met Renee McGinn, director of Tir Na N'og Creche in Naas. I held an interview with her about what it was like being a businessperson. I will present this interview with a powerpoint to my business class in due course. I thoroughly enjoyed undertaking the interview, as I got to learn more about the minds and intentions of entrepreneurs.
Thank you to Renee for doing the interview, The contents of which can be read below:
Thank you to Renee for doing the interview, The contents of which can be read below:
What is your education?
Primary school,
secondary school and then I went straight into the civil service where I worked
as a junior officer. I did a short commercial course at the time and I worked
at the civil service for 18 years. I had a five year career break when my kids
were young. I went back to college and studied childcare before setting-up the crèche.
Did college benefit you?
I couldn't have done
it without going to college, I did work experience (40-60 hrs). In fact, it
probably wouldn't have been legal for me to open a crèche without the proper
qualifications.
Where did you get the idea for the crèche?
Having had five children
myself, I always knew in Naas there wasn't a comprehensive service. There were
pre-schools and after-schools but no comprehensive service. I saw a gap in the
market. My husband was building that facility and was going to rent it out to
someone else. I was asked to assist the architect in designing the crèche as
she had no children. I thought that you'd nearly need a course to design a crèche,
and I knew that there was a lot at stake. I was just interested so we delayed
the process, I took a basic course and then one step followed another and I
thought I could do it.
Were there any major challenges opening the
crèche?
Yeah it was a huge
challenge as I had never been in business before, nor an employer. I thought
the people I would be employing would be much more knowledgeable than me. As I
had five children, I knew I would need to have a manager. Thankfully I found a
business partner easily.
Do you have the same partner today?
Yes, she's qualified
as a nurse and she has a small amount of training in childcare. I feel a huge
relief having someone like her to back me up.
Did you feel that you were taking a risk when
starting the business?
Yes, I was very
worried. I was having nightmares and panic attacks. I went ahead and it was how
to get it from a to b and getting the business from the concept to opening the
doors. So I got a consultant to help me with that. She was somebody I met
through doing my night courses. She helped me decided how we'd market it, do a
business plan and have a launch day. We had a launch night and we got 40
deposits in. The crèche wasn't even built at the time of the launch
When did it open?
The launch night was
in April 1999. We opened on the first of September. At that stage we opened
with 40 children and 10 staff. It looked really positive to have 40 deposits in
before opening.
How has it expanded?
It has expanded in
both size and the range of services offered twice. We run an after-school with
50 children. That started off with five or ten children. Now this summer our
summer camp was very busy with around forty to fifty children per day. That was
a huge success.
What are the future goals?
I am currently
developing an exit plan out of the business in the next three years as I am
heading towards sixty. It has come to where I wanted it to at this stage.
What would you like to see happening to the
crèche after leaving the business?
I'd like to see it
keeping up the standard at which it's got to. I'd like to see it go for goals
and targets like we have been doing. We've won a couple of awards. We're
currently doing a q mark for quality assurance. I'd like to see them maintain
that standard and go for more awards.
The advantage to us is
that we are very large and most similar crèches would be in a chain but people
like the fact that it is a local business.
Was there ever a time when the business was
in jeopardy in the recession?
There was a time where
it certainly wasn't making money. Actually there were two years where it was
losing money, albeit very marginally. We had to look at absolutely every aspect
of the business, the suppliers, the salaries. We put a lid on salaries and made
sure that there were no increases. Thankfully now we are on the up again.
Do you find you have to market it a lot?
We have a very good
website. Though most of our promotion comes from word-of mouth. We're virtually
full in all the rooms and we've never had to advertise. It is well known
locally. Mind yo, I was in the bank the other day and there was a teddy bear
and the woman asked me if i would like a photo with it. We took the photo and
the woman told me that it was going in the paper, so I asked her if she would
put down 'Renee Mc Ginn, Tir Na N'og crèche' below it. So I don't miss a trick.
How do you keep a positive
atmosphere?
I've 32 staff now on
the books. Being positive, encouraging them. Doing a lot of the in-house
training. So , if they're not being promoted each time that they feel that
they're moving on in their careers. They get top-up qualifications in terms of
childcare. Also empowering them, making sure that they hear all the excellent
feedback from parents. We have regular staff meetings where we listen to them.
A lot of the staff would report that it is the happiest place they have ever
worked.
Are you in a business network?
It supports you as a
business owner. We do business with each other. You exchange solutions to
problems. I get a chance to showcase at particular events. Mostly the network
for me would be asking people from other professions to give me some informal
advice. But some would say it gives them a platform to promote their business.
I pick up tips here and there. Most recently I found out that putting keywords
on your website helps to put you on the top of the Google rankings. You get to
pool your knowledge and resources.
Do you like helping other entrepreneurs? Did
they help you along the way?
Yes, I thoroughly
enjoy helping others by sharing tips and giving advice. I had a staff member who's
leaving to start a craft business. I came across an enterprise board dealing
with start-ups like hers, so i posted out an information pack to her. There is
a definite sense of helping the next lot as they find their feet in business. I
had little or no experience of this industry before I opened the crèche, so I
was able to get help from established business people.
If you were Taoiseach, what would you do to
change the childcare industry?
I would put the
government in charge of childcare. In childcare, there is very low profit
margins. There is a fine line between providing a duty of care and making a
profit. I would be very focused on the standards of the care that the children
receive, and my partner, for example, would be more interested in the money
element. This makes it a very hard industry to be in. If the government ran crèches,
there would be little or no issue with cost. Therefore, in theory, every child
would be able to avail of the highest quality care possible. Also, recently we
had a child who had severe autism. In order to care for him, we had to employ
an extra staff member which cost €26,000 per year. It's very hard to run a
business if you are faced with burdens like that.
There was an episode of Primetime recently
exposing crèches where children were being neglected and abused, did this
scandal and do other similar scandals regarding childcare affect your business?
I remember that
Primetime program well. The weekend following its broadcast, I had all the
staff in working hard to ensure that the crèche maintained its high standards.
Low and behold, we had a random HSE inspection the following Monday. We
achieved remarkable results. They are a credit to the hard-working staff.
Were there any times you had to make tough
decisions?
Staff have to be
checked meticulously in childcare . They have to go through Garda vetting and
plenty of training. I've found it very hard having to dismiss unsuitable staff.
There was one staff member with personal problems which were affecting the
children. Having to let her go, in a legal manner, proved to be quite
difficult. But she was a huge burden on the crèche.
Having to advise a
parent if the setting is unsuitable for their child. Letting parents know that
their child may need assessments can be
tricky.
What skills and characteristics make a
successful entrepreneur?
Being able to take a
risk, being confident, staying determined. Being able to hold onto the vision
while coasting through tough times. And constantly ploughing back more interest
in your business. Trying out new things and always innovating.
Would you encourage an entrepreneur to start
his/her own business?
Only if there is a
market for the business. There's no point starting something for the sake of
it, just to get the chance to be your own boss, for example. Conduct market
research before it, and if there's every chance that this business will take
off, go for it. But if there's little chance of the business succeeding, it's
not worthwhile taking the risk.
Subscribe to:
Posts (Atom)