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In this episode Jordan Tully, an experienced Head of Operations in early childhood, discusses business and profit in education, specifically focusing in on what growth and sustainability looks like, seeking out investment, staff recruitment, retention, working with your local community and marketing your setting. Some highlights include:
Take a look below at all of the thought-provoking points addressed in this episode...
Episode breakdown:
01:45 - Profit is a dirty word in education...
05:14 - How to secure funding
10:10 - Defining what business sustainability looks like
11:40 - Staff retention: A holistic approach
16:00 - Your staff are your biggest asset
18:07 - Enabling your staff to grow
19:30 - A recruitment success story
21:00 - Recruiting staff who are willing to learn
28:14 - Word of mouth is the best advertising
29:50 - A parent is a customer - a consumer of our services
33:10 - Recruiting staff from your local community
36:50 - Settings closing their business
39:25 - The employee has the greater say
40:45 - Part-time vs full-time staff
44:15 - Are other settings competition?
49:21 - Running a business is hard...
Find out more on The Voice of Early Childhood website: www.thevoiceofearlychildhood.com