The E.Factor - The Fastest Growing Social Network With An Old School Business Model

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With over 45,000 members in 3 months, the E.Factor is becoming one of the fastest growing social networks in the space. By combining new technology networking with an old-school business model based on premium membership fees, technology licensing via its' satellites, and fees for a variety of services the E.Factor is setting precedents in the online social media space. In the next few months, the E.Factor will be opening lounges around the world for entrepreneurs to conduct business and network. The first one will launch in Amsterdam in July. The E.Factor currently hosts events in London, Amsterdam, New York, and New Delhi and plans to hold over 100 this year.

whilst other networks have to rely on advertising revenue or struggle introducing a sustainable business model at a later stage, E.Factor combines new technology networking with an old-school business model based on premium membership fees, technology licensing via its' satellites, and fees for a variety of services.

After launching three months ago, E.Factor, http://www.efactor.com, is quickly becoming the fastest growing social network on the web. With over 45,000 members, the niche social market is binding entrepreneurs and investors through a virtual platform, unparalleled by anything else.

In addition, it is currently the only social network which answers the question asked by many, "where is the business model?" As co-founder Marion Freijsen says, "whilst other networks have to rely on advertising revenue or struggle introducing a sustainable business model at a later stage, E.Factor combines new technology networking with an old-school business model based on premium membership fees, technology licensing via its' satellites, and fees for a variety of services."

The E.Factor is a virtual economy and a network comprised on one thing - growing businesses. By giving entrepreneurs social tools both online and offline, members can connect, promote, and find funding. The E.Factor has launched new features such as live chat, video, classified ads, multimedia ads, and finance requests.

With an emphasis on the offline power of networking, the E.Factor is more than an online social network. Co-Founder Adrie Reinders says,"it is a global network for entrepreneurs with a personal touch."

In the next few months, the E.Factor will be opening lounges around the world for entrepreneurs to conduct business and network. The first one will launch in Amsterdam in July. The E.Factor currently hosts events in London, Amsterdam, New York, and New Delhi and plans to hold over 100 this year.

At this rate, the E.Factor is breaking boundaries, setting precedents, and building a community for global business.

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STEPHANIE FRASCO
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