Thursday, 29 March 2012

Poem: You Need To Walk Away

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 You Need To Walk Away


I'm trying so hard to find the power your love gave to me
But if you were here you would see
That I'm lost and turning into someone I shouldn't be
I want to come out strong
But right now I'm not sure where I belong
With you I always knew where I stood
You were the one who always understood

I want you to come back to me
But I know for you that we aren't meant to be
You need to do what is right for you
And do the things you need to do
I need to respect the decisions you make
Even if my heart will break

You need to walk away
But just so you know,
Forever in my heart you will stay



- Esjae x


Friday, 23 March 2012

Business Notes: The problems of takeovers and mergers including difficulties integrating businesses successfully

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No previous experience
Target management attitude and cultural differences
No post-acquisition integration planning
Lack of knowledge of industry or target
Poor management of target


Esjae x

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Business Notes: The motives for takeovers and mergers and how these link with corporate strategy

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To gain market share (market penetration (ansoff matrix))
- This will raise brand awareness and reputation
- Attract/ gain customers (acquiring customers from the other business)
- Economies of scale (Purchasing, technical, financial, managerial)

Eg. Morrisons' takeover of Safeway (Morrisons gained a greater market share)

To protect themselves from external circumstances
- Competition
- Recession

Spread the risk (market development (ansoff matrix))

Eg. Walmart's takeover of Asda

To remove competition
- Higher prices
- Less alternatives for customers

Eg. IAG's takeover of BMI

Acquire their assets
- Customers
- Property/ Land (tangible assets such as buildings)
- Intangible assets (intellectual property such as patents, knowledge, expertise and skills)

Acquire supplies

Gain synergies
- The sum of the whole is greater than the individual parts

Eg. Kraft's takeover of Cadbury

In reality there are quite often a number of reasons as to why companies takeover and merge with another company.

The most common reason as to why businesses takeover and merge are:
-To access new markets
- To maximise shareholder vale



Esjae x

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Business Notes: Mergers & Takeovers

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Definitions:

What is a merger? It is where two or more firms agree to come together under one board of directors. This is mutually agreed/ voluntary - both companies identities remain.

What is a takeover (or acquisition)? This is where one firm buys a majority shareholding in another firm and therefore assumes full management control. - The majority shareholder "swallows up" the other company. These takeovers can either be friendly, usually through an agreement or hostile.


Esjae x

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Wednesday, 14 March 2012

Poem: Your Love

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Some would say that you are my dreams come true
I would say you are more, especially with all that you do
Ever since the day that we met, you have supported me
And helped me to be everything that I have set out to be

I'll always cherish your love
I'll put you first and above
Everyone and everything else in my life
In the hope that one day I can become your wife



Esjae x

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Thursday, 8 March 2012

Something a little different!

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I don't normally put things like this on here but here we go:

I am going to ask anyone who see this to follow this link:
and vote for Gemma - A very talented young sportswoman.

Esjae x

Follow me on Twitter: http://twitter.com/esjaeofficial
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Wednesday, 7 March 2012

Business Notes: Sole Traders and Partnerships

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A sole trader is the simplest form of business organisation, being owned and run by a single person, although he/she may employ other people. This form of organisation has several advantages:

Total control of the business by the owner.

Easy to start up - few forms to fill in and to start trading the sole trader does not need to employ any specialist services, other than setting up a bank account and informing the tax offices.

Keep all the profit - as the owner, all the profit belongs to the sole trader.

A partnership is a business where there are two or more owners of the enterprise. The advantages of a sole trader becoming a partnership are:

Spreads the risk across more people, so if the business gets into difficulty then there are more people to share the burden of debt.

Partner may bring money and resources to the business (eg. capital).

Partner may bring new skills and ideas to the business.

The main disadvantages of turning a sole trader into a partnership are:

Have to share the profit.

Less control of the business for the original owner, who has to allow his/her new partners a say in how the business operates.

Disputes over workload.

Problems if partners argue over the direction of the business.


Esjae x

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Business Notes: The Relationship Between Businesses and the Technological Environment

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Technological Change

New businesses which exist due to technological change:
  • Photobox
  • Moonpig
  • Glasses Direct
  • Kindle, electronic readers
  • Business card printers
  • Smart phones
  • Online Gambling
Impact of Technological Change

Marketing Opportunities:

-Buy information from databases
- Easiers access to products for consumers
- Product development
- Online
   -Pay to have link in search
   -Adverts on YouTube
   -Banners across websites
   -Advertisements (pop ups)
-Larger markets
-Market development
   -Access to new markets
-Viral Marketing

Processes/Systems used by Businesses:

-Electronic stock control
-Electronic point of sale
-Customer ordering and buying
-Online tracking systems
-Electronic answering systems
-CAM
-CAD
-Computerised applications
-Robotics

The impact of technological change can also effect the culture of some businesses


Esjae x

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Interviews: Rapper & Producer Hitesh Patel

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This interview is with up and coming rapper and producer Hitesh Patel.

1. To those who don't already know you or your music how would you describe it and yourself?
I would describe my music as passionate and motivational. I'm not your average rapper that claims to be a gangster who 'pops caps', which itself is getting repetitive amongst rappers these days, yet they are nowhere to be seen?!? Lol moving onto something positive, as I was saying I try and keep it real so you won't be inflicted with bullshit. Also when I talk about murdering rappers I don't mean literally, but on a track you know on the beat, after all why not let the music talk? You can check out my music at my YouTube channel, the link will be at the bottom of the interview. You will be able to tell that when I started off It was for a contest, which was hosted by a guy called Drama B who I was subscribed to. I think I came across his music via a beat I found on YouTube which he had produced. Turned out he was a rapper too which was pretty cool. So yeah the contest he made, had a cool beat which I liked so I decided why not get on it? That's how I pretty much got involved with rapping. Then after that I released some songs with an actual message/topic such as drug abuse. So I really found my feet when I started rapping as I realised I could express my beliefs and show others what rapping is all about and should be. So yeah it's all about positivity, I try and be the all round rapper you know with the punch lines, flow etc got to have everything!

2. What initially encouraged to you start writing/ producing music?
Production wise goes back a long time, probably when I was 11 or 12 I came across the program acoustica beatcraft which had some samples you could mess around with and put together to make a piece. Then I moved onto Fruity Loops Studio, which was sick and I still use it to this day, obviously a different version. When it comes to rapping, like I said in the previous question I decided to enter a YouTube contest, and I went on from there really.

3. Who is your biggest influence musically?
Me. I am legend. Nah umm well obviously I'm an influence but there is no 'biggest influence' for me, I just say what has to be said in my songs. But some artists I listen to are; Mic righteous, Lowkey, Hyperaptive, J Cole, Kendrick Lamar and Eminem. Like I said they are only 'some' so don't be mad if I've missed people out ok. Lol

4. What has been your biggest achievement to date?

Achievements? I didn't know there was such a thing since everyone wants you to fail. Ok that was a bit harsh. Umm an achievement I'm aware of is 500,000 views on YouTube but I'm not one to brag That's all I can say for now, stay tuned.

5. What goals have you set yourself for the future?
Big house, beautiful wife, fast car, that's my shit. Just kidding, I couldn't care less about materialism. Money ain't shit but a hoe and bitch. If you think otherwise then get out of here now. Moving on, I would love to have a music video with over a million views now that would be something. Another goal would be collaboration(s) with artists that I'm fond of. Producing a track for a well recognised and talented rapper. A lil motivation for anyone, chase your dreams down before they escape. Stay positive it's the way forward, think you WILL succeed, make it happen. Dreams are for real of you put your mind to it

6. What can your fans expect from you in the future?
BIG THINGS. You get me? Umm to be more specific I should probably start work on a mixtape but I gotta get school out the way first so nothing is promised yet but will be soon. After that it depends how it goes really if I can build a decent fan base then I can start focusing on something more serious like an album to expand even further. You can except music videos too for songs or just freestyles and some general videos of announcements etc to keep in touch with the fans.

7. What do you focus most on producing or rapping? Why?


Rapping for sure because it's something I can do if I'm feeling a beat. On the other hand producing is similar as you need to be in the right mood but I guess I've just been slacking with making beats haha. But don't worry I've been working on a few which I will drop soon and maybe even rap on them myself

8. Who would you like to collaborate with in the future?

Nicki Minaj for sure mmm Daym she is fine Joke, what a fake and 'stupid hoe' I prefer real women. Ouch. Anyway Collab wise whoever makes good music really, that could be an established person like Low key to other rappers who might not be on the radar yet or are or just starting but still show skill and potential. Oh and Katy Perry can lay naked on my bed anytime.


You can find out more about Hitesh Patel and get in contact with him via the links below:


Esjae x

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Friday, 2 March 2012

Interviews: Footballer David Yep (Plays for CS Maritimo in Portugal)

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Here is the my latest interview, this time with footballer David Yep who plays for CS Maritimo in Portugal.

1. When did you first start developing an interest in football?

Erm .... it was when I was 7 I used to go and watch my dad play every weekend without fail but in the week my granddad used to always show me clips/pictures of when he used to play for CS Maritimo so I always had that passion and hope to play football and follow the footsteps off my dad and granddad.

2. How did the opportunity to play for CS Maritimo come about?

(smiles) Ha basically I grew up in Portugal and my granddad was the club ambassador of Maritimo when I was around 11/12 but he always found time to come to my games and one day he brought another person with him who happened to be the coach of the under 13's and spent the whole 60 minutes just talking to my granddad and pointing then after the match I remember him walking over to my mom and dad and then it just went from there.

3. How long have you played for them? What position do you play in?

I have officially been playing for them since I was 17 I turned pro and signed a 4 year contract but have been sent out on loan in England to gain experience but recently came back to Portugal as the loan finished in January and since then I have been training with the first team. As for position I would prefer to play as a forward that's the position I've been playing since I was a kid but I do play central midfield for the reserves but to be honest I'm just happy to be at this club with such a beautiful history and I'm honoured to be a part of that history.

4. What do you enjoy most about the lifestyle in Portugal?

(laughs) I get asked this every time I come back to England ha erm there's a lot of good things such as the food, drink, girls (smiles) and weather but I would have to say the atmosphere it's always a great friendly vibe where ever you go to be honest you're always going to have a laugh and people always greet you with a smile so that's the main reason behind why I love Portugal.

5. What do you think makes a great footballer?

Passion , self confidence , Commitment and belief.

6. Is there a footballer that you look up to/ inspires you?

Erm only have 2 strangely, but my first one is Cristiano Ronaldo mainly because his Portuguese and his from the same place as where I was born. However my favourite player outside Portugal has to be Matt Phillips from Blackpool he has so much ability and confidence and he's technique is next to none.

7. What have you learnt from your time at CS Maritimo so far?

That with COMMITMENT you get SELF CONFIDENCE which leads to people having BELIEF in your ability to flourish with PASSION for the sport.

8. Where do you hope to take your career in football?

I don't want to say to high up as I'm just happy to be playing for the club my granddad played for and loved, anymore will be a bonus.



Esjae x

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Business Notes: Conclusion of ethical behaviour

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Ethical behaviour is a much more common part of day to day business now a days.

A lot of businesses are now committed to morally and ethically correct behaviour.

Long term benefits help both the business and the wider society.


Esjae x

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Business Notes: Ethical behaviour or public relations?

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Some companies have been accused of behaving in an ethical way just because it's seen as the right thing to do, ie. its just a public relations exercise.


Esjae x

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Business Notes: Examples of ethical behaviour

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  • Paying staff above the minimum wage
  • Fair prices for raw materials (fair trade)
  • Environmental audits - independent organisations determine whether you are meeting certain targets such as level CO2 emissions, carbon footprint, % of recycling, publish environmental/ social report
  • Ethical training
  • Ethical codes of practice
  • Corporate integrity
  • Ethical investments

Esjae x

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Business Notes: Conclusion of behaving ethically

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In the short term the costs tend to be higher (financial costs). However in the long term the benefits out weigh the disadvantages when operating in an ethical manner.


Esjae x

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Business Notes: The Disadvantages of Ethical/ Unethical Behaviour

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  • Loss of custom/ sales (unethical behaviour)
  • Difficult to ensure ethical behaviour exists in large companies
  • It's difficult to define what is unethical
  • Damage reputation (unethical behaviour)
  • Illegal activities (unethical behaviour)
  • Decrease competiteness
  • Increase costs
  • You could be the only one behaving ethically

Esjae x

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Business Notes: Advantages of ethical behaviour

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  • Fair, the right way of doing things
  • Morally correct
  • Could enhance or lead to a better reputation
  • Should make it easier to raise capital
  • Pressure groupds should see them in a better light
  • Higher levels of repeat business and customer loyalty
  • Word of mouth promotion
  • Easier to recruit/ retain employees
  • Reduces the chance of breaking the law
  • Higher product safety and quality
  • Gives the company a competitive edge or unique selling point
  • Suppliers more willing to supply
  • Recognition and awards
  • Media recognition
  • Lowers operating costs (lower emissions, government grants, recycling) - cost advantages

Esjae x

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Business Notes: The ethical environment and corporate social responsibility

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Definition: Morally correct behaviour towards all stakeholder groups

Below are examples of stakeholders and the businesses social responsibility towards them:

Shareholder:
  • Provide with upto date trading information
  • Tell them if the business isn't doing well
  • Pay fair appropriate dividend
  • Be able to express views/ opinions/ concerns about how the business is run
Employees:
  • Fair wages
  • Safe working conditions
  • Fair breaks
  • Fair and transparent promotion
Government:
  • Publish full accounts (fair and open publication)
  • Avoid practices that will allow tax evasion
Consumers:
  • Fair pricing (transparent and open) - not misleading
  • Value for money
  • Safe
Suppliers:
  • Keep trade credit as short, appropriate as possible
  • Pay within the appropriate trade credit period

Esjae x

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Business Notes: Demographic Change

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'Grey Pound' - Final salary pension schemes (1/2 or 1/3 of their final salary as their pension) -> now being closed down meaning future pensions won't be as good as they are now

'Pink Pound' - Gay Market

Single Households - Due to an increase in divorce and marrying later in life

Falling birth rates (as a result of single households)

Falling death rates (due to ageing population)

Increasing number of service sector jobs

More part time employment

More female workers

Companies effected in a positive way
  • Companies who target their products at older people (eg. over 60s holidays)
  • More demand for housing (builders, mortgages, estate agents)
Companies effected in a negative way
  • Companies targeting young people
  • Baby products

Esjae x

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Business Notes: Changes In The Social Environment

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Demographic Change
  • Religion
  • Cultural
  • Increasing number in the workforce
  • High youth unemployment (NEET - Not in Education, Employment or Training)
  • 'Grey Pound' Old people are better off
  • Immigration
  • Race
  • Ageing population (more over 65s than under 16s)
Ethical Issues
  • Discrimination
  • Ethical behaviour
  • Sweatshops
  • Child labour
  • Drugs
  • Animal testing
  • Smoking
  • Beliefs
  • Alcohol/ drinking
  • Morals
  • Working hours (working weekends, bank holidays, Sundays)
Green Issues
  • Recycling
  • Carbon footprint
  • Pollution
  • Sustainability
  • Waste
  • Reduce food miles
  • Renewable energy
  • Fossil fuels
  • Carbon off setting
  • Reduction in CO2 emissions
Corporate Social Responsibilty
  • Unemployment/ employment
  • Ethical Behaviour
  • Morals
  • Moral and ethical behaviour by comapanies

Esjae x

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Thursday, 1 March 2012

Business Notes: Unit 4 Topic 3 - Relationship Between Business and the Political and Legal Environment

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Government Intervention:
  • Funds/money
  • Education
  • Social services
  • Health care
  • Emergency services
  • Defence
Local:
  • Waste disposal
  • Road maintenance
  • Street Lighting
Public good are not provided by the private sector but suffer from the 'free rider problem' as everyone has the opportunity to consume them.

Merit goods are where the consumer doesn't fully appreciate the benefit of consuming them.

Government Legislation and Regulation:

Consumer:
Food Safety Act (1990)
Sales of Good Act (1994)
Trade Descriptions Act (1968)
Consumer Credit Act (1974)
Weights and Measures Act (1963)

Health & Safety
Health & Safety at Work Act (1974)

EU
European Works Council Directive (1994)

Environmental
Clean Air Act (1993)
Environmental Protection Act (1990)

Competition
Competition Act (1998)
Companies Act (1985)

Employment
Disability Discrimination Act (1995)
Minimum Wage Act (1998)
Sex Discrimination Act (1975)
Equal Pay Act (1970)
Age Discrimination Act (2006)
Race Relations Act (1976)
Employment Relations Act (2000)

Purpose of Laws

Consumer Law
  • To ensure fair treatment of individual consumers
  • Clear and transparent prices
Employment Laws
  • To ensure fair and non discriminatory of workers race, gender, age
Competition Law
  • To ensure fair trading conditions apply to all companies
  • Restricts monopoly power, price fixing
Health and Safety Law
  • To ensure employees, customers and all visitors can operate in a safe environment
Environmental Law
  • To ensure the sustainability of resources and reduce the pollution into the environment
EU Laws
  • To ensure common legal framework throughout the EU
Government Economic Policy

Fiscal Policy is the use of taxation and government expenditure to influence the economy.

Monetary Policy is controlling the money supply and the rate of interest in order to influence the level of spending and demand in the economy. This uses quatitive easing this means that when there is a rise in interest rates customers feel poorer and spend less on luxuries due to having a lower discretionary income. Also businesses invest less as its more expensive to borrow money to purchase capital goods (long payback period and lower ARR). When there is a fall in interest rates consumers feel richer and therefore spend more on luxuries due to having a higher discretionary income. Also investments by businesses increas as it is less expensive to borrow money (short payback period, higher ARR). Therefore to slow the economy down the government could raise interest rates when using monetry rates but if the government wants to boost the economy (such as during a recession or slump) they could reduce interest rates.

Supply-Side Policies boost the level of output (level of total supply) which makes the economy more efficient. These policies include:
  • Education and training
  • Reduce regulation and red tape
  • Subsidies (a payment to encourage production and or consumption) eg. alternative energy
  • Labour market reforms (make it easier to switch between jobs) eg. reduce the power of trade unions
  • PFIs (Private Finance Initiatives) Private sector provides funds instead of the government.
EU Membership

27 Countries:
  1. Greece
  2. Bulgaria
  3. Romania
  4. Hungary
  5. Slovakia
  6. Slovenia
  7. Italy
  8. Austria
  9. Czech Republic
  10. Poland
  11. Lithuania
  12. Latvia
  13. Estonia
  14. Finland
  15. Sweden
  16. Denmark
  17. Germany
  18. France
  19. Spain
  20. Portugal
  21. Belgium
  22. UK
  23. Ireland
  24. Malta
  25. Cyprus
  26. Luxemburg
  27. Netherlands
Benefits of EU Membership for a UK Business:
  • There is an access to a large market
  • Large market = opportunities for economies of scale (lower costs and increased specialisation)
  • Competition = encourages innovation
  • Opportunities for european marges and joint ventures = synergy and improved efficiency
  • Wider labour market
  • More mobility of capital, able to invest anywhere
  • Freedom of movement
  • No tariff or quota
  • Single currency = no exchange rates = no transaction costs
  • Pan Europe marketing
  • Ansof Matrix: Market Development
  • Emerging markets
Negatives of EU Membership for a UK Business:
  • Increase in legislation
  • Need to meet technical standards
  • Increased competition
  • Labour and capital attracted to other EU countries
  • Labour maybe attracted to other countries
  • Language/cultural barriers
  • Countries outside euro have to pay transaction costs
  • Diseconomies of scale
Strategies UK Firms Should Adopt (to maintain competitiveness)
  • Merge/take over
  • Share technology and knowledge
  • Reduce unit costs and overheads
  • Reach a wider market/ audience
  • Move production to low cost areas
  • Effective working practices (training and motivation)
  • Product development
  • Multi site locations
Free trade -> Trading Bloc -> eg EU -> free trade between the countries within the bloc.

Free trade means that there is no restrictions or trade barriers meaning there are no tariffs and no quotas

If the UK trades with China there are trade restrictions, there are some tariffs and some quotas

Advantages of Free Trade:
  • Comparitive advantage - trading bloc as a whole benefits
  • Competition - encourages/ forces firms to become more efficient and competitive
  • Trade creation
Disadvantages of Free Trade
  • Infant industry - needs protection in the early years
  • Jobs: cheap labour, cheap products

These notes have come from my Business Studies A Level Lesson.

- Esjae x

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Review: Rebecca Ferguson - Too Good To Lose (Music Video)

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A runner up on the 2010 series of the X Factor UK Rebecca Ferguson captured the hearts of much of the nation as well as showing that she has a talent, her incredible voice.

Her latest single 'Too Good To Lose' video was released on 2nd February 2012 and is a great show case of her talent accompanied by a slick video with Rebecca Ferguson wandering the streets of LA in a distinctive red dress suitable for the red carpet.

This track really show cases her incredible voice which she definitely knows how to use! By making Rebecca the focus of this video the audience are really able to appreciate the talent that she has. 

Out on the 4th March 2012 this track is sure to be a hit not only is it catch but the vocals are of good quality and even has a great video, this is a rare combination in todays music industry! In my opinion Rebecca Ferguson is on the road to a top 10!

- Esjae x

Follow me on Twitter: http://twitter.com/esjaeofficial
Check out my poetry/ writing blog: http://esjaeofficial.blogspot.com
Subscribe to me of Youtube: http://www.youtube.com/theofficialesjae
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E-mail me: esjae-official@hotmail.co.uk