Tags |
|
|
Links |
|
|
E-Articles - Collaborating For Leveraged Income
Who doesn’t love a sale? Grand Opening sales, Clearance sales, and others that I’ve never taken advantage of -- Midnight sales! We all love to get quality for a lesser price. Bargains have become part of the Americ
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
an lifestyle and with it the added bonus of bragging rights… “I bought the exact same car but I paid less than you did”.
Sales are good for the business owner too. It brings in needed cash flow while clearing the sh
Sales are good for the business owner too. It brings in needed cash flow while clearing the sh
; 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
lves for new merchandise, but what about the Going-Out-Of-Business sale? You will find bargains hard to pass up because these sales mean the business has dried up and the owner can no longer keep his door open. Sadl
lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.
, this owner will not be generating any more revenue: his cash flow will stop!
Realizing that the rich get richer by setting up leveraged income, let’s look at this for the moment: in the workforce we consider “being
Realizing that the rich get richer by setting up leveraged income, let’s look at this for the moment: in the workforce we consider “being
here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
promoted” as earning more and working less. With this mindset today, if you want to earn more and work less you’re going to have to start creating income that does not require your direct involvement -- leveraged or
d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.
Combination pro
Combination pro
residual income!
Leveraged income differs from linear income (the money you make by working 40 hours in exchange for a paycheck). Doctors and lawyers earn a higher linear income than say, a salesman or pizza chef.
Leveraged income differs from linear income (the money you make by working 40 hours in exchange for a paycheck). Doctors and lawyers earn a higher linear income than say, a salesman or pizza chef.
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
ut in fact we all have a maximum of 24 hours a day which limits the amount of money even professionals can personally generate. They can up their hourly fee but if suddenly they are unable to work their cash flow sto
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
ps too.
Linear income is trading your time for money. Leveraged income is your money working for you. With the right business you set in motion a chain of events that duplicates your income over and over again. In
Linear income is trading your time for money. Leveraged income is your money working for you. With the right business you set in motion a chain of events that duplicates your income over and over again. In
nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
the perfect scenario this continues without end.
Think of the author of a best-seller… his residual income is generated by the sale of his popular book over and over again – often going into reprint status, or the co
Think of the author of a best-seller… his residual income is generated by the sale of his popular book over and over again – often going into reprint status, or the co
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
poser of a song that won’t leave your head. Every singer wants to record that song and you as the composer will earn mega bucks just for that one creation!
So how do we apply this to the Internet? You can find many
So how do we apply this to the Internet? You can find many
ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
programs online that generate leveraged income. Not all of them have or will endure the test of time. Surely you’ve seen the ones with poor products or unethical practices that disappear into cyberspace; often with
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
our money.
Select a program that uses collaboration and you will have the perfect win-win situation. With so much conflicting information on the Internet, people are getting more confused than educated. A program w
Select a program that uses collaboration and you will have the perfect win-win situation. With so much conflicting information on the Internet, people are getting more confused than educated. A program w
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
ere your sponsor guides you through the initial sales will gain leveraged income for him while earning you the privilege to turn around and do the same.
Let’s examine the 2up system: you are rewarded for selling a v
Let’s examine the 2up system: you are rewarded for selling a v
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
luable product to your new associate and you have earned a sales commission. In return for this commission you agree to train him/her to do the same, teaching them how to advertise and sell more of your company’s val
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
ued product.
In a collaborative effort, they agree to forfeit their first two sales to you, their trainer. Once they complete these two training sales, they are independent and begin their own team of associates. Y
In a collaborative effort, they agree to forfeit their first two sales to you, their trainer. Once they complete these two training sales, they are independent and begin their own team of associates. Y
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
ur leveraged income results from the two training sales your associate has given you, and you begin guiding these two new associates, each of which will in turn bring you two new sales commissions.
Do the math: your
Do the math: your
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
ssociate brought you a sales commission. He in turn gives you two new associates with two new commissions. And they in turn each bring you two more associates to train. That’s seven commission checks, and it doesn’
y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
stop there.
With this system, no one suffers the loss of an affiliate to jumps to greener pastures. Once they have made their first two sales in return for their training, you have no further use for them; they bec
With this system, no one suffers the loss of an affiliate to jumps to greener pastures. Once they have made their first two sales in return for their training, you have no further use for them; they bec
.
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
me independent and earning their own leveraged incomes.
There are also personal rewards for those who guide others to realize their dreams. As a mentor you are a productive citizen, a valued friend who has helped ma
There are also personal rewards for those who guide others to realize their dreams. As a mentor you are a productive citizen, a valued friend who has helped ma
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
y become financially independent, and as each new associate fills his dreams, they in turn are fulfilling yours.
Collaborating with others for overall growth is the real beauty of leveraged earning.
2006 Esther Smit
Collaborating with others for overall growth is the real beauty of leveraged earning.
2006 Esther Smit
tion in industry events and feedback to regulatory authorities would be able to face the challenges and will be successful in developing combination products
HTTP = HTML link (for blogs, profiles,phorums):
<a href="http://www.e-article.org.ua/article/17230/e-article-Collaborating-For-Leveraged-Income.html">Collaborating For Leveraged Income</a>
BB link (for phorums):
[url=http://www.e-article.org.ua/article/17230/e-article-Collaborating-For-Leveraged-Income.html]Collaborating For Leveraged Income[/url]
Related Articles:
The Top Five Business Gifts Companies Give
Bookmark it:
|