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Digg It - How to Use Your Career Training as a High Income Consultant
How your Career Training and experience could create a high-income consultancy business.
Business owners get bogged down in a myriad of every day problems and things to do. They find there just aren't enough hours in the day to handle e
Business owners get bogged down in a myriad of every day problems and things to do. They find there just aren't enough hours in the day to handle e
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
verything that should be taken care of to take the business forward. This is where your career experience may help.
Proper management and planning are basic ingredients to success in business; and most small businesses just don't have t
Proper management and planning are basic ingredients to success in business; and most small businesses just don't have 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
Examples of combination products may in
ese ingredients in the proportions needed to attain their greatest profit potential. This may be an area of opportunity based on your career training and experience.
Why should this be so? Remember we are talking about small businesses.
Why should this be so? Remember we are talking about small businesses.
lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.
Very often a person with a particular skill and contacts will 'start a business' using their career experience! But what really happens is they have become 'self employed'.
Which means they are still employed using their career training
Which means they are still employed using their career training
here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
and experience doing the work, for themselves rather than working as an employee. They may employ others but they are not running a business.
Check this.
If in this scenario the 'business' owner stopped work, would the business continu
Check this.
If in this scenario the 'business' owner stopped work, would the business continu
d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.
Combination pro
Combination pro
? The answer must be no.
So the real definition of a business is 'if the owner stops working in the business, can the business of the business continue'. If the answer is no then it is not a business.
Understand that fundamental and yo
So the real definition of a business is 'if the owner stops working in the business, can the business of the business continue'. If the answer is no then it is not a business.
Understand that fundamental and yo
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
will come to realise that if you have some skill from your career training, past experience, work, hobby or whatever you have the attributes to set up in business as a consultant matching your particular skills to the market.
But you w
But you 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
ll say that is not a business if you apply the above criteria. Yes that's correct. But where you will be different is that as a consultant you have an opportunity to develop your business.
Initially you will work in the business, self-e
Initially you will work in the business, self-e
nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
ployed. You will be busy completing assignments, gaining yet more career training and experience and building case studies.
One of the traps we can easily fall into is assuming that just because we know how to do something, everyone els
One of the traps we can easily fall into is assuming that just because we know how to do something, everyone els
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
knows how to do that same thing, too. In many cases, the opposite will be true. So there is a market.
This can start with the most simple of skills.
Can everybody swim?
Can everybody ride a bike?
Can everybody ride a horse?
Can eve
This can start with the most simple of skills.
Can everybody swim?
Can everybody ride a bike?
Can everybody ride a horse?
Can eve
ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
ybody operate a computer?
Etc., right through to the highest of skills.
The skills, training, tools and experience you use in everyday activities give you the ability to do things that others simply can't fathom.
While you might assum
Etc., right through to the highest of skills.
The skills, training, tools and experience you use in everyday activities give you the ability to do things that others simply can't fathom.
While you might assum
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
e that everyone knows how to use a computer, you'd be wrong.
In fact, even now a small minority of the population is computer literate. Which means that even fewer people understand the various creative programs now available.
And that
In fact, even now a small minority of the population is computer literate. Which means that even fewer people understand the various creative programs now available.
And that
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
s why there will always be a market for consulting, how-to reports, books, videos, DVD's and training workshops. Everyone has not had the same career training and experience and therefore cannot know what we know. Some people recognise t
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
ey need and want help and are willing to pay to learn.
Look at the skills you use every day. Many of those are the basis for training products you can create. Do a swift inventory, you will be surprised.
Look at your career training,
Look at the skills you use every day. Many of those are the basis for training products you can create. Do a swift inventory, you will be surprised.
Look at your career training,
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
ork and business experience. That is a basis for consulting, training and product creation.
Teach people to swim.
Teach people ride - bike or horse.
Etc., right through the spectrum of your expertise.
Go on to; Write Manuals, Books.
Teach people to swim.
Teach people ride - bike or horse.
Etc., right through the spectrum of your expertise.
Go on to; Write Manuals, Books.
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
reate Videos, DVD's.
As a consultant with your completed assignments and case studies you will create 'How to' products which you can sell. You will develop training courses, which you will present. At these courses you will sell your '
As a consultant with your completed assignments and case studies you will create 'How to' products which you can sell. You will develop training courses, which you will present. At these courses you will sell 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
ow to' products and soon you will employ other consultants to do the presentation on your behalf.
They will be only too pleased to do this for you because they are looking for self employed work while you continue to create more time to
They will be only too pleased to do this for you because they are looking for self employed work while you continue to create more time to
y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
create more 'How to' products, develop more training courses and do more assignments which fit with your business strategy.
So it's like this; the overworked small business owner does not really have a business, s/he needs your help. Yo
So it's like this; the overworked small business owner does not really have a business, s/he needs your help. Yo
.
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
start as a consultant selling your time. But you're going to create your own business and you start to implement your strategy to construct your business so that you work 'on it' not 'in it'.
Eventually, properly set up the business wi
Eventually, properly set up the business wi
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
l carry on without you. Maybe you think all of this is over simplified, but if you follow this strategy with discipline you will develop a sound growing high income consulting business based on your career training, skills and experience
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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