EFactor Corp. Introduces EScore for Its Members
Sep 26, 2013 (Close-Up Media via COMTEX) --
EFactor Corp., a niche social network for entrepreneurs, announced it launched a new user interface and business measuring tool designed for entrepreneurs to gauge their business progress.
According to a release, the newly-designed interface will retain its domain name, 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, at 7 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 noted that it 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.
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