Advice You - Business

Here, (in my opinion) are the 2 reasons MLM Has a 95%-97% Failure Rate

1. The individual participating in the M

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

LM business opportunity must take responsibility for there own success or failure?

I mean give me a break, how

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

Examples of combination products may in

can you honestly join an opportunity, do nothing, drop out, and then say that it was a scam? Don't get me wron

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

, there is definitely a lot of crap out there but I would argue that the vast majority of us who participate

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

in these programs enter with the best of intentions and then quickly get discouraged and drop out...even when t

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

Combination pro

e company itself is very legitimate

2. While the previous statement is very true, I think that the biggest

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

reason that virtually no-one ever makes any money in MLM's is because the people running the companies have ab

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

solutely ZERO understanding of how to make things easy for people to duplicate.

And we all know that... DUPL

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

CATION (or should I say "replication) IS THE KEY TO SUCCESS IN OUR INDUSTRY

Many of you may have a real problem

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

with my #2 reason...well tough cookies. If you want to debate me on Larry King I will be happy to do so.

The

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

problem is that most people that are interested in MLM Opportunities are interested in:

EARNING A SECOND INCOM

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

Following aspects would a

E Not HAVING A SECOND JOB

When People have to chase down prospects, figure out how to market/advertise on the

dd to the challenges in developing combination products:

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

ir own,

bother friends and family, follow up like car salesmen have to, etc.... then the opportunity becomes a

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

second JOB! And what's worse... It's a second job that is costing people money every month just to take part in

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

.

That's a pretty crappy JOB if you ask me. I can already hear the Old-School “Heavy-Hitters" saying "If you t

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

eat it like a business then it'll pay you like a business"

But who ever said the business had to be complicate

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

Professional from academic institutions, pharmaceutical industries, health care indust

d? (Apparently the higher ups inthe Network Marketing Companies think it has to be complicated to make any m

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

oney)

Having to continually cold-call leads, and 3-waying to our up-line, (not to mention needing to have a Ph

.

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

just to understand a stupid compensation plan) is NOT SIMPLE or EASY

I will talk about the solution later; b

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

Companies that provide selfless information through particip

ut for now lets just understand that the easier the entire endeavor is, the more success we all will experienc

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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