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  • Just Other Articles - Make Money In Japan - Build Your Own School

    Live in Japan and ever dreamed of having your own company? Rather than working for the big chain schools and making them rich, why not work on your own financial future and star
    According to USFDA, a combination product is one composed of any combination of a drug and device; biological product and device; drug and biological product
    t your own private English school. It's easier than you think.

    But there are so many schools out there, it's too crowded and it's too difficult to get new students, you may say
    ; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.

    Examples of combination products may in


    Whilst Japan might not have the immediate growth potential of China, Korea or even language teaching in US, and there is so much more competition, it is still a hugely positiv
    lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.

    e and as yet still untapped market. For example:

    * Kids Lessons: With the recent comments from the Education Minister, compulsory English in Elementary School has been delayed
    here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
    or a least a year, probably two and maybe longer if the current Prime Minister stays in power. This has taken away a huge, free, competitor.

    * Adults Classes: Every time I sit
    d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.

    Combination pro
    n a coffee shop I can almost guarantee that the conversation of at least one group around me will turn to "I'd like to speak English", and invariably ends with "But it's so scar
    ucts have become life saving products for the pharmaceutical companies who doesn’t have many innovative molecules in their product pipeline and have been inc
    y approaching a school". These are usually women in their 20s or 30s who don't have to, but would like to learn English in a casual, relaxed way. Where are the easy-to-walk-in-t
    easingly used in the product life cycle management. Even the companies having product patents are trying to extend their product life cycle through the combi
    -for-just-a-chat-about-joining schools?

    * Silver Eikaiwa: There's a huge market of "silver" (the Japanese word of the moment!) retirees with cash to spend and a thirst for trav
    nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
    l. How many silver courses are there out there?

    For the actual mechanics of setting up a business there are hundreds of books and websites, just do a quick google search.. What
    and physically. They need to rightly judge the benefits of the combination products and they have to even look at the risks involved when combining the produ
    you then need is the best product (i.e. really good lessons), fantastic service and great pricing. That's not to say building your own school is super easy, but it's almost alw
    ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
    ys worthwhile. Finding other teachers is very tough, but if you're happy to be the main teacher yourself, you'll have a very viable business set up in no time. Advertising is ea
    ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.

    Following aspects would a
    y; it will all be word of mouth from super satisfied students.

    Pricing is a big part of it, and that's where the art and magic is. You'll always have customers who say "That's
    dd to the challenges in developing combination products:

    Which markets to tap where the combination products can do fairly well?
    Which combination prod
    too expensive" or "Why don't you do everything for free?". In most cases those customers wouldn't buy the product even if it was free. But look at those women in the coffee shop
    cts are meaningful and rational?
    Which therapeutic categories to select?
    Which Combinations can address unmet needs of the patients?
    Do combin
    talking about wanting to learn English. If you ask them they may say they can't afford lessons maybe, but they are sat there sipping 400 yen cappuccinos that only cost 50 yen to
    tions increase the patient compliance?
    What would be the developing cost?
    How to tackle the risks encountered during combination product developmen
    make! The key is the extras that you give. At Starbucks you don't pay for the coffee, you pay for the ambience, the artwork, the music, the sofas and the Wi-fi. AND they also ha
    t?

    As combination products don't fit into the traditional categories of drugs, medical devices, or biological products, the USFDA is in the process of devel
    ve the best coffee in town. You need both.

    I've seen some pictures of schools on the net and as an adult learner some of them would make me run a mile (bright white lighting, s
    ping new procedures for reviewing their safety, efficacy and quality.

    Professional from academic institutions, pharmaceutical industries, health care indust
    raight boring desks) and some of them just look so inviting that I'd sign up for lessons just to enjoy the atmosphere! You just have to make sure that if you charge XXXX for a
    y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
    lesson, the student walks away with XXXX + alpha worth of value. It's the extras, the smiles, the lollipops for adult learners (not for kids anymore sadly!), the interesting art
    .

    As there is an increasing trend of the combination products companies manufacturing such products should be able to tackle the problems involved in the de
    work on the walls, the personal attention, the music in the lobby, the jokes, the atmosphere that make this extra bonus.

    Japan's a great place to be, teaching can be a great wa
    elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.

    Companies that provide selfless information through particip
    to make a good income and unlike selling arms to Africa or anything like that, you're always making a difference in the World, you just have to decide how big you want it to be


    tion in industry events and feedback to regulatory authorities would be able to face the challenges and will be successful in developing combination products

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