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Network Marketers are a different breed. We look at business in a manner that confuses most. The status quo in America has been go to school, get a good job, buy a house,

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

retire, and then sell your home and move somewhere warm. This is the 50 year plan. Most of us in network marketing (NM) are on the 5 yr plan. Work your business for 5 year

; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.

Examples of combination products may in

s and be financially free. It’s a different mindset. We make telemarketing calls, we go to meeting, and we attend seminars and teleconferences. We work for ourselves by wo

lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.

rking as a group.

We share ideas, tips and marketing strategies. How can we make this system work for us? I have nothing against the traditional system. Many people have

here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe

done extremely well with it. Look at the multitude of million dollar earners in corporate America. My problem is with the “Glass Ceiling” that truly exists. Without the r

d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.

Combination pro

ight connections, the right education, right race, right sex, or even the right look you are out of the loop. Many good people need another system that will work for them.

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

I could go on for days with ten’s of thousands of testimonies of lives dramatically changed by NM. It’s an open system to everyone.

A question that comes up all the time

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

is how do I pick the right NM business? This is the million dollar question. Well I have a simple test I use. Now your question might be what makes you such an expert at

nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically

this? Well let’s say this. I can only share my experience. For the last 20 years I have made and lost money in NM. Mostly lost im sad to say but after learning a few simpl

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

e truths in the last 2 years I have seen my fortunes turn around.

THE SIMPLE FORMULA

- Question 1

Does the program have a good product? Without a good pr

ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi

oduct you don’t have a business, period! Is it something people want? If it’s not marketable then walk away.

- Question 2

Is the product at a good and reasonable

ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.

Following aspects would a

price? If only a small % of the market can afford it then you might have problems selling it.

- Question 3

What is the commission structure? Some programs don’t have

dd to the challenges in developing combination products:

Which markets to tap where the combination products can do fairly well?
Which combination prod

enough of a price margin to make good money for its members. Remember your time is your most valuable commodity so never sell your time short.

- Question 4

Is th

cts are meaningful and rational?
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin

e system duplicable? Can anyone regardless of education + experience run this business? If you must have a special set of skills that most people don’t possess to run this

tions increase the patient compliance?
What would be the developing cost?
How to tackle the risks encountered during combination product developmen

business then it’s not duplicable.

If you can’t answer yes in an affirmative manner to all four of these key questions then don’t look at this business as were you shoul

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

d put your major focus in. If your focus was to be financially free and it doesn’t answer all four questions then look elsewhere. Now many of the businesses I have tried d

ping new procedures for reviewing their safety, efficacy and quality.

Professional from academic institutions, pharmaceutical industries, health care indust

idn’t answer all four questions and guess what, I didn’t have the success I envisioned. It’s a very simple truth. But lo and behold if it does answer all four then do wha

y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products

t you have to do to get involved as you have a winner.

Now many of you are in programs that aren’t giving you the success you want. What should you do? Id say find one th

.

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

at does. It’s that simple. If you would like to pick my brain on programs im using then be sure to contact me for a free 15 minute consultation. I look forward to sharing

elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.

Companies that provide selfless information through particip

my experiences with you.

Business Entrepreneur + Motivation Coach and Speakerhttp: www.ateamenterprises.biz

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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