Gerry Murphy (entrepreneur)

Gerry Murphy
Born 1954
Churchtown, County Cork
Nationality Irish
Known for The Accidental Entrepreneur: How We Turned €3,749 into a €100 million business in Three Years
Website accidentalentrepreneur.me

Gerry Murphy is an Irish entrepreneur, author and activist based in Abu Dhabi.[1] He is best known as a social entrepreneur and for founding Great Gas Petroleum in 2005 and subsequently writing the book The Accidental Entrepreneur: How We Turned €3,749 into a €100 million business in Three Years published by Orpen Press in 2014.

In 2001, Murphy was awarded the Cork Person of the Year for his contribution to the renewal of his local community of Churchtown.

Early life and education

Murphy was born in Churchtown, County Cork in 1954.[2] He attended Churchtown Primary School from 1958 to 1967. His secondary education was completed at St Augustine’s College, Dungarvan, County Waterford from 1967 to 1972. He holds a Bachelor of Financial Service from University College Dublin and a Master in Business Administration from Fordham University, New York, which he studied for at the Irish Management Institute.[3]

Career

Murphy joined Bank of Ireland in October 1972 as a bank assistant and later became manager of the bank’s advertising function at its head office in Dublin. In 1989, after 17 years, he resigned from Bank of Ireland and joined First National Building Society where he became an executive director.[4] In 1998, he became a Fellow of the Institute of Bankers in Ireland. He also held directorships in Guaranteed Irish, Sherry FitzGerald and the state-owned fertiliser company Nitrigin Eireann Teo.

In 1997 Murphy left his job in banking to concentrate on the redevelopment and renewal of his home parish of Churchtown in North County Cork, where he bought a derelict premises, which he restored and opened as a holiday hostel and bar, calling it 'Boss Murphy's'. The restored pub was named after his great grandfather, William 'Boss' Murphy who had founded Churchtown Creamery with other farmers in the parish in 1889. He sold Boss Murphy's in 2004. In 2005 he founded Great Gas Petroleum with seed capital of €3,749[5] to improve petrol wholesale prices as he felt that the Irish forecourts were paying too much to existing wholesalers.[6]The business grew to earning €100 million in revenues by its third year. [7]

With a business partner, Maurice Gilbert, he founded Ballyhoura Apple Farm in 2006.[8] Murphy sold Great Gas in 2009 to DCC Energy.[9][10]

He was the Executive Producer of Bloom - a feature film released in 2004 based on the novel Ulysses by James Joyce.

Books

Murphy wrote the foreword and contributed to the 2005 book The Annals of Churchtown. The book is an encyclopedia of Churchtown.[8] He was the chairman of the publication committee of A Century of Banking: the life and times of the Institute of Bankers in Ireland, 1898-1998 and also wrote the foreword for The Boss Murphy Musical Legacy published in 2003

After selling Great Gas Petroleum, Murphy wrote The Accidental Entrepreneur: How We Turned €3,749 into a €100 million business in Three Years. The book, published in 2014, tells the story of how Murphy moved from a bank job to become an entrepreneur. The first half deals mainly with Murphy’s background and his journey to the establishment of Great Gas Petroleum. The second half of the book is a how–to guide for budding entrepreneurs, featuring case studies and checklists. The profit from the sale of the book were donated to Churchtown Historical and Heritage Society.[11]

Community work

On 4 July 1997 Murphy set up the not-for-profit Churchtown Village Renewal Trust with an objective to support the social, economic, educational and environmental infrastructure of the parish of Churchtown.[12][3]

For his work in the community, he was awarded the Cork Person of the Year award in 2001.[13][14][15]

Bibliography

References

  1. ↑ "A Preview of The Accidental Entrepreneur with Gerry Murphy". The Entrepreneurs Library. Retrieved 8 April 2015.
  2. ↑ "Murphy's Law: entrepreneur reveals extent of business interests". The Sunday Business Post. Retrieved 8 April 2015.
  3. 1 2 "The Accidental Entrepreneur With Gerry Murphy". The El Podcast. Retrieved 8 April 2015.
  4. ↑ Richard Curran (2015-01-03). "The Business". RTÉ Radio 1. Retrieved 2015-03-16.
  5. ↑ "Pump up the volume". Irish Times. Retrieved 8 April 2014.
  6. ↑ "Why I had to sell the most successful business I ever created". The Independent. Retrieved 6 April 2015.
  7. ↑ "The Business Saturday 3 January 2015 - The Business - RTÉ Radio 1". Rte.ie. Retrieved 2015-03-20.
  8. 1 2 "That's Gas Altogether!". The Cork News. Retrieved 8 April 2015.
  9. ↑ "Today in the press". RTE. Retrieved 8 April 2015.
  10. ↑ "Gerry Murphy retires from Greatgas Petroleum". The Independent. Retrieved 8 April 2015.
  11. ↑ Lindsay, Annette (2014-10-17). "Congratulations to Gerry Murphy". Clifden Glen. Retrieved 2015-03-20.
  12. ↑ "Churchtown Historical and Heritage Society". Celebrating Cork Past. Retrieved 2015-03-20.
  13. ↑ "The Accidental Entrepreneur". News Talk. Retrieved 9 April 2015.
  14. ↑ "That's Gas Altogether!". The Cork News. Retrieved 9 April 2015.
  15. ↑ "Tribute to pioneer of the Co-Op movement". The Independent. Retrieved 9 April 2015.
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