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Top Adding - MLM - The Dirty Little Secret
What is the MLM dirty little secret? The dirty little secret is something your company does not want you to know about. But they’ve kept their secret long enough and now it’s about to be expos
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
ed!
Let me ask you a question, when you joined your MLM business, did you read your companies Policies and Procedures? 90% of distributors never read them before joining. The distributors bel
Let me ask you a question, when you joined your MLM business, did you read your companies Policies and Procedures? 90% of distributors never read them before joining. The distributors bel
; 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
eve the company has to protect itself and there is nothing in the policies and procedures that would hurt them. Unfortunately they could be very wrong and that’s the dirty little secret to which
lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.
I’m referring.
The Dirty little secret
MLM policy and procedures are legal binding contracts. Which means if you do something that breaks the contract, the company can legally enforce t
The Dirty little secret
MLM policy and procedures are legal binding contracts. Which means if you do something that breaks the contract, the company can legally enforce t
here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
e consequences.
Typically the company will choose to either take your check for a month, maybe two, or worse, terminate you. This happens and it happens more often than people realize!
Why
Typically the company will choose to either take your check for a month, maybe two, or worse, terminate you. This happens and it happens more often than people realize!
Why
d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.
Combination pro
Combination pro
hould I care about the dirty little secret?
Who is building this organization? Do you want to put your blood, sweat and tears into building a large organization only to have it ripped out f
Who is building this organization? Do you want to put your blood, sweat and tears into building a large organization only to have it ripped out f
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
rom under you?
This is something you must ask yourself before you start building. Do your homework and read your policy and procedures.
Unbeknownst to many, MLM has gone big time corporate. W
This is something you must ask yourself before you start building. Do your homework and read your policy and procedures.
Unbeknownst to many, MLM has gone big time corporate. W
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
en you have policy and procedures 10, 20, 30+ pages long, you know lawyers are writing them. These lawyers are hired to protect the company, not you.
Many of these “corporate MLM’s” have no reg
Many of these “corporate MLM’s” have no reg
nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
rd for the guy/gal in the field, we are totally dispensable.
I have personally spoken to distributors who have built large downlines, then had their check taken away for a month because someone
I have personally spoken to distributors who have built large downlines, then had their check taken away for a month because someone
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
n their downline, someone they didn’t even know, violated the policy and procedures.
I also know quite a few who have been terminated and they did nothing wrong! But, in their policy and
I also know quite a few who have been terminated and they did nothing wrong! But, in their policy and
ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
procedure it stated that they could be terminated with 30 days written notice with or without cause, and the company enforced that rule.
Why? Plain and simple, the company needed money.
Why? Plain and simple, the company needed money.
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
In their policy and procedure it is written the distributor is not allowed to disparage the company, it’s products or employees otherwise they can be sued. Meaning, you’ll never hear a thing ab
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
ut it!
In many of these policy and procedures there is so much double and triple talk, you can’t do business without violating something in them.
Protect yourself
If the MLM companies h
In many of these policy and procedures there is so much double and triple talk, you can’t do business without violating something in them.
Protect yourself
If the MLM companies h
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
ve their lawyers writing the policy and procedures, the least you can do is read them.
I know its worse then reading Beowulf. Boring, dry, mind numbing, but that’s done on purpose. They don’t
I know its worse then reading Beowulf. Boring, dry, mind numbing, but that’s done on purpose. They don’t
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
ant you to read them.
My suggestion is to start at the back and read towards the front. The questionable stuff is usually in the back and middle because no one ever gets that far when starting
My suggestion is to start at the back and read towards the front. The questionable stuff is usually in the back and middle because no one ever gets that far when starting
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
rom the front.
Look for words like ongoing, continuous. Do you want to retire or are you planning on working this forever? If your P & P has anything about ongoing training, ongoing support, r
Look for words like ongoing, continuous. Do you want to retire or are you planning on working this forever? If your P & P has anything about ongoing training, ongoing support, r
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
egular, continued performance, etc. you’ll be doing this for the rest of your life if you want to keep you check. And when you pass away your kids will be doing it if they want to keep the money
y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
Another goody is 30 day termination, termination with or without cause, etc. Some even have a clause where if your family member violates anything in the policies and procedures, you can be te
.
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
minated!
Some people will tell me, my company would never do that. My response is this, if they never intend to use it, then why is it in there in the first place? Is it helping you build your
Some people will tell me, my company would never do that. My response is this, if they never intend to use it, then why is it in there in the first place? Is it helping you build your
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
business?
Please, if nothing else do yourself a favor and read your policies and procedures. Educate yourself so you don’t experience the MLM dirty little secret first hand, it can be very ugly
Please, if nothing else do yourself a favor and read your policies and procedures. Educate yourself so you don’t experience the MLM dirty little secret first hand, it can be very ugly
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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