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As a real estate investor, I meet a lot of people who are down and out. About half are still angry about their circumstances, half are still surprised and almost none of them seem to connect the dots until it’s too late. Some have been searching desperately for even more loans to rob Peter and pay Paul; som

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

e have shelled out hundreds of dollars to firms claiming to repair credit to no avail. Some have had dreams, bought the big home, picked out the new Mercedes, and are now slowly watching it all fade away. Their children are looking on worried. Their spouses are wondering what they are teaching their childr

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

Examples of combination products may in

n. Will their kids be in credit card debt like this in 20 years?

Most people’s answer is, “If I just had more money, then everything would be alright.” Unfortunately, more money without an education would just be a band-aid, a temporary solution that without the proper mindset would be very temporary.

Wha

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

if you used your credit like a millionaire? What if you lived like Donald Trump?

“Well if I had Donald Trump’s money, I wouldn’t need credit right? In fact, I’d never use the credit card again. Cash is king and I’d be the Lord of the Manor.”

Wrong. The difference between your “on the brink of disaster”

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

debt and Donald Trumps’, which by the way is a staggering amount of money, is what you’re doing with it. Are you contributing to an asset or creating another liability?

The Donald and other speculative investors treat credit with the respect that it deserves; the chance to make money using other people’s mo

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

Combination pro

ey. While Average Joe is bickering over a quarter percent on the interest rate with the mortgage broker, a millionaire investor looks at, “what’s the difference if it costs an extra million or two, as long as I don’t have to use my own cash.”

The difference is very simple. Cash is not king, other people’s

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

ash is king and the ability to use it, expand and prosper is the difference between the extremely wealthy and those struggling to make ends meet.

What can you do right now to not only repair your credit, but to flourish like the rich?

Stop and I mean right this second, stop adding to your liabilities. Inst

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

ad invest in the assets you already have and use your liabilities to make you money.

For example, most of the middle class believe that their home is their “biggest asset”. This would almost be true if you followed this scenario: You paid cash for the home, never took out a line of credit, had improved the

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

roperty entirely in cash, lived in an area where property values steadily increased and property taxes were only moderately increasing and you either lived in the home for 10+ years or rented it out for the same period of time. Then, your home is an asset.

Doesn’t apply to you? More likely you fit this sce

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

ario: You bought the home with a mortgage and very little or no money down, you’ve since took out a home equity loan or two or used the equity to consolidate some debt, improved the property on credit, live in an area where property values may have faltered a bit and if you bought recently, your home might ac

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

ually be worth less now than what you paid for it, and best of all you will probably move in about 5 years. Your home is a liability.

If this is the case, then the most profitable strategy for you to follow is to use your liability to make you money. Invest like the Donald. Throw away the mentality of “we

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

Following aspects would a

ll just pay down the mortgage” and use that property like the piggy bank it has become, but instead of cashing out in order to put a swimming pool in the yard or go on another trip to Disneyworld, cash out to invest in an incredible opportunity. Put some of that equity in a business, a venture, a stock that

dd to the challenges in developing combination products:

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

ou’ve researched and you’ll immediately have switched gears.

Now you’re using your liability like a millionaire.

You can do the same with your other debts; all the credit cards, lines of credit or cash advances. Consolidate these, pay the least amount of interest that is available to you and make the minim

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

m payments you can.

Make a promise to yourself right now that you will no longer follow the herd and you are done with consumer debt. Does this mean you live like a monk? Or that we’re paying for everything with cash? Of course not, this means that you will no longer go into debt or add to your liabilitie

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

on things that are not creating money for you. People live in a huge house where every spare corner is filled with trivial, meaningless “stuff”, every closet is full, the basement is lined with shelves of boxes and the garage is now used for storage rather than parking and they wonder why they’re barely mak

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

ng their monthly payments. This is not the mindset of the rich.

In essence, do not use credit cards to go shopping. Use your credit cards to further your investments. Respect your credit. This doesn’t mean abuse your credit, but neither does it mean fear credit.

This middle-class thinking that has hound

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

Professional from academic institutions, pharmaceutical industries, health care indust

d you, “I’ve got to get out of debt,” has gotten you to where you are right now. Resolve one and for all to use debt like a millionaire and say, “I’ve got to use this debt to make money.”

Now that your liabilities are making you money, the final step in investing like a Donald would is to invest in the asse

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

s you already have. The other difference between Average Joe and a speculative investor is this: Everyone who has made it big, at some time has been in the red. A successful person keeps in mind, no matter how broke they are temporarily that they always have their biggest assets and are always investing in

.

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

hem. You always have your most valuable assets as well, no matter how deeply in debt you may be: your time, your ideas, your health and your family or loved ones. Investing in these assets brings you a life of abundance. Ignoring these assets brings you a life of mediocrity.

Resolve to invest in your asse

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

Companies that provide selfless information through particip

s and make your liabilities work for you and you’ll soon be looking at your financial situation in a whole new light. Credit repair and consumer debt is fine for those who are content to be payment slaves. Instead, use your credit like a millionaire and see what amazing financial opportunities come your way

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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