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Advice Pool - A Few Simple Things You Must Do If You Want To Be Wealthy
Making money is easy when you move to cause rather than living
out effects.
Let me draw a simple analogy to clarify my point.
Imagine standing before a huge waterfall. You’re thirsty
Let me draw a simple analogy to clarify my point.
Imagine standing before a huge waterfall. You’re thirsty
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
and
the water is fresh, clean, and pure. You can take as much as you
like.
How much can you take home with you?
It all depends on the size of your container.
You can take a thimbl
How much can you take home with you?
It all depends on the size of your container.
You can take a thimbl
; 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
e, a small cup, a gallon bucket, a
barrel, or even a tank truck.
Similarly, the amount of money in the world is like this fountain of abundance. Trillions of dollars circulate aroun
Similarly, the amount of money in the world is like this fountain of abundance. Trillions of dollars circulate aroun
lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.
d the world. The fountain is abundant.
Some people can hold billions, others millions, others hundreds of thousands, others tens of thousands, others thousands, others hundreds, and
Some people can hold billions, others millions, others hundreds of thousands, others tens of thousands, others thousands, others hundreds, and
here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
yet others only a pocketful.
These things are actually only the effects.
Effect is what you see in the visible world. They are the results of a wealth building strategy that worked.
These things are actually only the effects.
Effect is what you see in the visible world. They are the results of a wealth building strategy that worked.
d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.
Combination pro
Combination pro
What, however, are the causes? How are people able to build
wealth in the first place?
Cause is what happens in the invisible world before the effect becomes apparent in the world of
Cause is what happens in the invisible world before the effect becomes apparent in the world of
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
the senses.
The cause of money is thought, and the amount of money in your life is based on only one thing: the size of your thinking. This is the most fundamental wealth knowledge
The cause of money is thought, and the amount of money in your life is based on only one thing: the size of your thinking. This is the most fundamental wealth knowledge
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
ou need to change your destiny.
If you’re a small thinker, you go to the fountain of abundance with a small container. It may be a tin can to hold enough change to keep you alive. I
If you’re a small thinker, you go to the fountain of abundance with a small container. It may be a tin can to hold enough change to keep you alive. I
nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
t may be a bucket that gives
you enough to survive in some comfort…but not enough to be
happy.
If, on the other hand, you’re a big thinker, you go to the fountain of abundance drivin
If, on the other hand, you’re a big thinker, you go to the fountain of abundance drivin
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
g your tank truck and you live
really well, with all the necessities of life easily taken care
of for your generation and maybe one or two generations after
you. You’re even in a pla
ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
ce to share wealth. You’re a master
at some wealth building system.
Then, of course, there are the really big thinkers. They don’t just have a tank truck--they have a whole fleet of
Then, of course, there are the really big thinkers. They don’t just have a tank truck--they have a whole fleet of
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
tank
trucks lining up before the fountain of abundance. They can, if
they choose, buy small islands.
Your thinking decides the size of the container you use to earn money.
How do
Your thinking decides the size of the container you use to earn money.
How do
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
you expand your thinking to be bigger?
The first thing you do is use your imagination. If you simply practice learning how to think in bigger and bigger amounts, you’ll find a better
The first thing you do is use your imagination. If you simply practice learning how to think in bigger and bigger amounts, you’ll find a better
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
size to hold the abundance that
you want to have in your life.
The next thing you’ll want to expand is the size of your heart. The more you can give of value and the larger the amou
The next thing you’ll want to expand is the size of your heart. The more you can give of value and the larger the amou
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
t of
people that you can serve, the more money that you’ll make.
This is why the higher up you are in an organization, the more people you serve, and, consequently, the higher your sa
This is why the higher up you are in an organization, the more people you serve, and, consequently, the higher your sa
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
lary.
But, of course, an even better way to make money is to work for yourself. When you work for yourself, then your pool of people is almost unlimited. The greater the benefit tha
But, of course, an even better way to make money is to work for yourself. When you work for yourself, then your pool of people is almost unlimited. The greater the benefit tha
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
t you offer
others, the more people you will find to accept that offer.
Finally, when your imagination and your heart have been stretched enough, you’ll begin to seek ways to acquire
Finally, when your imagination and your heart have been stretched enough, you’ll begin to seek ways to acquire
y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
knowledge
of your field and before you know it you'll be a highly-paid expert.
The amount of money in the world is like this fountain. Trillions of dollars float around the planet.
The amount of money in the world is like this fountain. Trillions of dollars float around the planet.
.
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
Creating wealth
is a skill that many people and nations have learned.
It is my sincere hope that I have given you some valuable ideas to mull over. When you consider how much better
It is my sincere hope that I have given you some valuable ideas to mull over. When you consider how much better
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
your life will
be when you are in charge, you may want to look even deeper into
how you can expand your imagination, your generosity, and your
knowledge of your industry or profession
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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