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Top Adding - The Lone Ranger Approach to Home-Based Business
Are you the Lone Ranger of your home-based business?
Some home businesses run perfectly well under the Lone Ranger approach, especially if they're
Some home businesses run perfectly well under the Lone Ranger approach, especially if they're
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
intended to provide a supplemental income or to provide a few extra dollars while supporting a hobby.
If however, your goal is to build a home busi
If however, your goal is to build a home busi
; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.
Examples of combination products may in
Examples of combination products may in
ess that allows you to enjoy a comfortable lifestyle, bigger toys, travel, extraordinary experiences and thrilling adventures, the Lone Ranger appro
lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.
ach won't make it happen.
I've always been puzzled by why the Lone Ranger chose that handle anyway. After all, he was never alone. He had Tonto as
I've always been puzzled by why the Lone Ranger chose that handle anyway. After all, he was never alone. He had Tonto as
here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
is trusted partner and without him he wouldn't have been the hero he was.
And when you think about it, have you ever come across a true-to-life "se
And when you think about it, have you ever come across a true-to-life "se
d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.
Combination pro
Combination pro
f-made" millionaire?
In order to achieve business success, more than one mind, more than one set of hands and more than one history of experiences
In order to achieve business success, more than one mind, more than one set of hands and more than one history of experiences
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
and perceptions must be brought together.
One plus nothing creates mediocrity.
And one plus one does not equal two.
When two minds come together
One plus nothing creates mediocrity.
And one plus one does not equal two.
When two minds come together
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
hey create a third, more powerful mind.
And when more than two minds are brought together, quantum leaps occur.
By surrounding yourself with a str
And when more than two minds are brought together, quantum leaps occur.
By surrounding yourself with a str
nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
ong support system of other minds, you save time, energy and money by learning shortcuts that help you simplify your business and increase your prof
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
ts.
True entrepreneurs are ambitious by nature and need a lot of support. Big undertakings are emotional journeys with dramatic highs and lows and
True entrepreneurs are ambitious by nature and need a lot of support. Big undertakings are emotional journeys with dramatic highs and lows and
ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
y putting challenges on the table for examination with others, the emotional charge is reduced and more clarity is created.
By surrounding yourself
By surrounding yourself
ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.
Following aspects would a
Following aspects would a
with others with various experiences, insights, skills and characteristics, you benefit from a variety of perspectives that you may never have prod
dd to the challenges in developing combination products:
Which markets to tap where the combination products can do fairly well?
Which combination prod
Which markets to tap where the combination products can do fairly well?
Which combination prod
ced on your own.
Networking is an excellent arena to initiate business relationships, share leads and contacts, and it allows you to explore possib
Networking is an excellent arena to initiate business relationships, share leads and contacts, and it allows you to explore possib
cts are meaningful and rational?
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin
ilities.
However, participating in a mastermind group is the powerhouse that fuels tremendous growth and support.
Napoleon Hill, the author of Thi
However, participating in a mastermind group is the powerhouse that fuels tremendous growth and support.
Napoleon Hill, the author of Thi
tions increase the patient compliance?
What would be the developing cost?
How to tackle the risks encountered during combination product developmen
What would be the developing cost?
How to tackle the risks encountered during combination product developmen
k and Grow Rich, studied more than 500 highly successful individuals over a period of 29 years, and discovered that no successful person achieved gr
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
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
atness alone.
Every high achiever is surrounded by people who help, advise, encourage, challenge and push them to be better than they could ever be
Every high achiever is surrounded by people who help, advise, encourage, challenge and push them to be better than they could ever be
ping new procedures for reviewing their safety, efficacy and quality.
Professional from academic institutions, pharmaceutical industries, health care indust
Professional from academic institutions, pharmaceutical industries, health care indust
on their own.
If you find yourself alone on your business journey and if you're not enjoying the success you know is possible, multiply your perce
If you find yourself alone on your business journey and if you're not enjoying the success you know is possible, multiply your perce
y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
tions, options and results by creating a success team. Partner with a coach or mentor, attend networking events, and most importantly, join or form
.
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
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
a mastermind group.
Bid farewell to the Lone Ranger and invest quality time into either finding an existing group or creating one on your own.
The
Bid farewell to the Lone Ranger and invest quality time into either finding an existing group or creating one on your own.
The
elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.
Companies that provide selfless information through particip
Companies that provide selfless information through particip
sooner you take this powerful step forward, the sooner you will enjoy the rich rewards the mastermind provides.
2007 © Laurie Hayes - The HBB Sourc
2007 © Laurie Hayes - The HBB Sourc
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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