Main Subject - Business

In the Knowledge Age in which we live, it is easy to be consumed by work and forget our personal life. After all, there’s always more to do, right? But as the old saying goes, “No one ever lay on their death bed and wished they’d spent more time at the office!”

Following are some tips fo

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

r striking the right balance between your work (especially for knowledge workers and infopreneurs) and personal life:

1. Decide what is most important to you – long term – in your life. One exercise that can help bring this into focus is to write your eulogy – really! What would you want

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

Examples of combination products may in

people to say about you when you are dead? Whatever that is, notice how much you’re pursuing that quality or goal or cause in your life. If you aren’t doing it now – or not as much as you want to - how could you begin pursuing it more?

2. Create a vision for your ideal lifestyle. They

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

say “if you don’t know where you’re going, any path will get you there.” Unless you create a vision statement for your work and your personal life – just the way you want it to be – you won’t know when you have arrived! You’ll find yourself “striving but never arriving.” So write out a d

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

scriptive statement of how you want your schedule to be, your work space, your home, your clients, your relationships, your body, everything in your life – just as though you were writing it for a movie producer. Then, get about the business of producing your life!

3. When you’re working,

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

Combination pro

work; when you’re playing, play. If every time you leave your office (even if it’s in the spare bedroom!) you continue to think about work, leave your work cell phone on, or check email later in the evening, you are failing to mark boundaries between work and play. That means you don’t g

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

et the full benefit of your “down” time…and you don’t recharge the internal batteries that allow you to do what you do well. Dedicate work time to work and play fully when you’re off work…you will have more energy and more joy this way.

4. Avoid multitasking. I know, it’s hard! But stud

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

ies show that people are only 40 percent as productive when they do more than one thing at once than if they focus on one thing at a time. Give whatever you’re doing – or whoever you’re talking to (!) – your full attention, then move to the next task. Live intentionally, one task and segm

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

nt at a time. The quality of your life will improve, you’ll get more quality work done and you’ll build quality relationships that flourish under the light of your undistracted focus.

5. Plan your time off in advance. How many days a week would you like to work? How much vacation will y

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

ou take this year? If you don’t set it aside in advance, chances are that work commitments will eat up the time you would have taken off. Most infopreneurs should plan on a minimum – even the first year – of two to four weeks off during the year. Build it into your fees and block it out

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

in advance. You’ll be glad you did!

6. Implement at least two or three “power hours” each work day. The typical coach and infopreneur is distracted much of the day. “Power hours” are when you write a list of at least 5 priority tasks, set a timer, and focus on nothing but those tasks fo

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

Following aspects would a

r that hour. No email, no phone calls, no distractions. And you get them done! Start with a goal of at least two of these each day.

7. Set goals for both your work and your personal life. Take a moment to review your day planner (Palm, Outlook calendar, wall calendar etc.) for the past

dd to the challenges in developing combination products:

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

month or year, notice how many of the entries relate to your work. If you’re like most people, 75 to 90 percent of the content will be business or work related! Start a practice of setting at least one goal for your personal life and one for one of your relationships each day – along with

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

the work goals. That in itself will increase the balance in your life right away!

8. Delegate everything you can. If you have used our fee setting formula in my book, Launch Your Practice to set your fees, then you know what your time is valued at – it’s your Hourly Labor Rate. To the

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

extent you are doing anything that could not be billed at that rate, you should be looking for a way to delegate it as quickly as you can! That includes running to the post office, office supply store and Fedex; updating your web site; answering routine inquiries; clearing spam out of your

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

email account; answering the phone; and numerous other tasks. Your goal is to have as much revenue-producing time as possible during your dedicated work hours.

9. Exercise regularly. When I interviewed people who had mastered transition for my Simon & Schuster book on the subject, one t

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

Professional from academic institutions, pharmaceutical industries, health care indust

eme stood out: each of these people exercised regularly during normal times in their lives, and even more during times of stress and transition. Virtually every successful infopreneur shares this trait – and that is why the major hotel chains have improved their workout facilities so sign

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

ificantly for traveling infopreneurs.

10. Meditate and activate a connection with the God of your understanding. Feeling connected to something bigger than yourself can help put the challenges of everyday work and life into perspective in a way nothing else can. By implementing a daily p

.

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

ractice of meditation to achieve a calm, centered state and connection with your Higher Power, you will find you are able to maintain this state even when life becomes difficult. It is proven to improve health too!

For more about life/work balance and the other 8 components of Career Info

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

Companies that provide selfless information through particip

preneur Success, look for Marcia’s new book in June and plan to attend her Career Coaching Boot Camp June 22. See www.careercoachingbootcamp.com for details about the event and the next two complimentary preview calls. To learn more about career coaching, visit www.careercoachinstitute.co

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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Everyone in the service industry should have something tangible to sell to go with it. That something tangible could be a process or formula that they claim as their own.

You will not always get feedback after an interview that explains why you did not get the job. Often, companies will simply tell you they hired someone else without explaining where you fell short. Even when you think you did well during an interview, there may have been things you did wrong that you might not even be aware of. Are you doing everything you can to win the interview?

The importance of customer service to satisfaction levels and corporate profit cannot be understated. Customers must become 'apostles'.

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