Top Adding - Home Based Business

Introduction

Ever since I wrote a review mentioning that some people were making up to one million dollars a year on the Herbalife program, I have been bombarded with requests f

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

or further information. The interesting point is that not all of these requests came from those interested in the business opportunity but some simply wanted to know if the quality of t

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

Examples of combination products may in

e products was so good as to make a distributor a million dollars a year.

The review I wrote was based on my own personal experiences and although my association with Herbalife did not

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

last very long, I will nonetheless try to give my two cents on these questions in this article.

Looking a Million Dollars

The Herbalife weight loss program is in all honesty ve

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

y good but only for those who may have inadvertently acquired some weight for example during a pregnancy or on a holiday. If you are like me and have packed a few pounds because you re

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

Combination pro

ally love your food then this program is not for you. And to be fair, there is no reputable program out there with which you can lose weight without compromising on the quality and quan

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

ity of your food intake.

For us food lovers there is only one way to lose weight and that is to improve the quality of our food intake and do some light exercise. For example I used to

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

be a regular patron of a leading fast food chain. After an intense internal battle, I am pleased to say that my will power scraped through with a narrow victory and I have not been to

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

his particular fast food joint for almost a year. I add to this a twenty minute brisk walk in the evening and am pleased to say that I feel much healthier now and without having to giv

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 up most of my favourite foods. With this you may not look million dollars anytime soon but at least it is a start.

Making a Million Dollars

Now onto the more serious business

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

of the business opportunity. Yes, there are people at the top of the ladder who make a million dollars with Herbalife. That is true and there is no denying it. This group of people is,

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

Following aspects would a

owever, very small. The earnings of most distributors will be significantly lower and unfortunately many distributors will also no doubt fail in their business.

The main problem I face

dd to the challenges in developing combination products:

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

was that potential customers perceived the Herbalife products to be expensive when compared to other off the shelf products. This was further compounded by the fact that due to brand a

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

dvertising these off the shelf products were more well known to people than Herbalife. In this situation the only way you can make a sale is through some serious selling skills which un

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

ortunately many distributors will lack. Recruiters will often say that selling skills are not a pre-requisite but I do not believe this to be true. For me good selling skills are impera

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

ive for success in this line of business. Start up costs are very high compared to other home based businesses and failure can be very heartbreaking and costly. So the answer is....YES.

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

Professional from academic institutions, pharmaceutical industries, health care indust

.you can look and make a million dollars with Herbalife but just make sure that you are not in love with food and that you have some really good selling skills.

Conclusion

I no

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

rmally do not recommend Direct Selling/Network Marketing businesses. For me the risk of failure is far too high compared to the probability of success. This opportunity is for those who

.

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

are confident enough to bet a few thousand dollars on their selling skills. For me the ideal home based business is affiliate marketing. You will probably lose no more than a 100 dollar

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

Companies that provide selfless information through particip

in this field, should you feel that this business is not for you. A minute amount compared to the thousands of dollars you will lose if you fail with the Herbalife business opportunity

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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