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Residual income is the best kind of Income for an Online Home Based Busines

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

s Owner. Imagine making a a sale today and still earning monthly income on

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

Examples of combination products may in

that sale a year from now, 10 Years from now, 20 years from now. That is

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

he power of residual income. I started my first online businesses in Septe

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

mber of 2001 and I am still earning monthly income for sales I made in 2001

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

Combination pro

.

A Hypothetical example:

You find an online business where you ca

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

Earn $50 a month residual income for every sale you make. The Startup cos

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

ts for this business are 0 and your monthly expenses for advertising, web p

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

age hosting,. and other miscellaneous costs are less then $250 a Month.

If

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

you could make just 1 new sale a week at the end of 1 year you would have 5

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

2 streams of residual income (52x$50=$2600 a month). If you were to contin

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

Following aspects would a

ue to make one new sale a week for 5 Years you would have 260 Streams of r

dd to the challenges in developing combination products:

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

sidual income (260*50=$13,000 a Month.) It is possible that some of your s

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

ales will not continue for 5 years. Even if you had a 40% drop out rate ov

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

er the 5 years you would still be earning $7,800 a month. (7,550 Monthly a

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

ter expenses)

Semi-Retirement

After you have worked for 5 years an

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

Professional from academic institutions, pharmaceutical industries, health care indust

d have built up a big enough customer base to earn you 7,000 a month you go

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

into semi-retirement. You do just enough work to sustain your income. Ev

.

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

ry time you lose a customer you add a new customer. So if you lose 1 custo

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

Companies that provide selfless information through particip

mer a month on average you work just hard enough to replace that 1 customer

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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OK, so you have a web site up. Chances are, your site is mute. If you're a solopreneur, using audio will help you establish a personal connection in an effort to create a relationship with your audience (i.e. visitors to your web site). Using these tools you can also create audio-based info-products.

What did inspire me to start a home based business work? I decided to write about it a little bit here.

Just about everybody needs auto insurance. In most states it's the law and we cannot get around that. What we can get around is paying too much for our coverage and to the wrong company. Wouldn't you like to know you are paying discount prices on high-quality coverage with a company that can and will pay quickly and easily when you have a claim. We think so. Read on.

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