Thomas Power – Chairman, ecademy
Posted on: May 6, 2008
Posted in: Author, Industry Executive, Software, Tools, Video
(Not only is Thomas Power an innovator of the 1st degree in social media but this Skype interview took place with Thomas in London and Bill in Dallas. The video could be better but the conversation is perfect)
Thomas Power along with Penny Power founded Ecademy 10 years ago. Thomas describes himself as a Matchmaker. Dealmaker. Networker. Chairman of Ecademy. Non-Executive Director of entrepreneurial start-ups. Ecademy was founded in February 1998 and is recognized as the oldest Social (Business) Network with over 350,000 unique users each month and built without venture capital.
He states that he and Penny Power have personally met 10,000 of their members traveling to 50 countries with their 3 children (Hannah, Ross & TJ) since 1998.
To quote Thomas “These meetings are one reason why Ecademy has such a solid foundation and is unaffected by new Social Network start-ups regardless of their size, scale or capital base. I recommend that all our members use Linkedin and Facebook every day also although I remain sceptical if Facebook is anything more than MSN 2.0.”
Ecademy is known as the Rolls-Royce of Business Networking the world over and in some ways still far in advance of Linkedin and Facebook. Thomas says Ecademy is about intimacy, privacy, trust, friendship and support in small groups across the world.
There are 500 Ecademy meetings a month around the world typically of around 5 to 20 people. Over 20,000 Ecademy face to face meetings have take place worldwide since 1998. Some 10,000 new members join each month entirely through word of mouth and 60% of their members are self employed with an average age of 45-54,
Ecademy is aiming for 10 million members by 2050 a huge challenge from the current 400,000 users they have right now. They are building slowly, gently and reliably making continuous small improvements each and every day much like Toyota with Lexus and Scion.

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