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SOURCE EFactor Corporation
Added Functionality on www.efactor.com Provides Members a Roadmap Through Entrepreneurial Steps and Tasks
SAN FRANCISCO, Sept. 20, 2013 /PRNewswire/ -- EFactor Corporation (OTCBB:STDR) ("EFactor" or the "Company'), a niche social network for entrepreneurs, today announced it launched a new user interface and business measuring tool, the first of its kind, designed for entrepreneurs to gauge their business progress. The newly-designed interface will retain its domain name, www.efactor.com, with the added EScore™ functionality and value for EFactor.com members.
The idea behind EScore™ is that there are a set number of specific steps and tasks that lead a business from ideation to formation. EScore™ provides a way for members to measure their progress, wherever they are along their entrepreneurial journey. The interface went live on Thursday, September 19, 2013 at 7:00 am PST, at which time members were able to log into their profiles and fill out a short, initial interactive quiz and survey. Information from this process will be calculated to gauge a baseline of Entrepreneurial success based on an Entrepreneurial Process tested and studied by EFactor mentors and advisors. Members can continue to raise their EScore™ by completing tasks that help them get closer to achieving business success as they steadily increase their score. Business milestones, such as fully-registering your business, making a first sale, or finding a partner for example, contribute to raising a rising EScore™ which ranges from 1 to 1000 points.
EFactor is gamifying the business of running a business, by creating a fun and interactive way to support entrepreneurs and encourage them to take difficult but imperative steps toward business advancement. EFactor understands how daunting it can feel to start a business, and now gives their members a game-like roadmap, which socializes and celebrates business accomplishments in EFactor.com's social networking environment.
Marion Freijsen, EFactor Corp. COO stated, "This is a very unique feature we are launching. Other than measuring by wealth, entrepreneurs have never before been able to benchmark where they are at on their path to success. Measure yourself now, and you will forever have something to compare with going forward. We expect this to be an exciting and successful launch. Its intent is to be beneficial to the entrepreneur as well as others who are looking to work with or fund that entrepreneur in the future."
In a continued effort to contribute useful tools, knowledge and resources to its members, EFactor hopes EScore™ will function as a visual way for entrepreneurs to keep track of their business strengths and weaknesses. Offering them guidance and suggestions for what to focus on next, members can see how they compare to the other entrepreneurs on the site and even engage in a little healthy competition.
About EFactor Corporation
EFactor Corp., a niche social network for entrepreneurs, provides its members with the people, tools, marketing and expertise to succeed and make real, trustworthy and lasting connections. At the core of EFactor is a strong algorithm that allows members to not only connect with a lot of people, but with the right people. In addition, EFactor provides knowledge, facilitates preparing for funding and resources to reduce business costs, delivered through a unique mix of online social networking and offline domestic and international events.
EFactor has over one million members in 222 countries across 240 industries. It is incorporated in the US and headquartered in San Francisco.
EFactor Corp. is also the parent company to a number of subsidiary service organizations including, a UK communications and public relations agency and a company that delivers matching software for mentors to find the best mentees. For more information, visit http://www.efactor.com.
The EFactor Value
EFactor is a social network designed to support you as your business grows, along every step of your journey. We'll be there to congratulate you every time you win and will coach and inspire you whenever you feel frustrated by setbacks. You can count on us to connect you with the right people for you and your company and offer you the resources and talent that will help you succeed. We are highly motivated everyday people who genuinely care about our team and customers. We cheer each other on and have each other's back. We get to see our ideas come to life every single day. We're entrepreneurs, contributing our expertise to the community.
Investor Relations Contact:
John Mattio, Sr. Vice-President
MZ North America
Direct: (212) 301-7131
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