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  • Main Subject - 7 Ways to Have a Love Affair with Your Business

    As with all relationships, sometimes we have to make a little effort to reignite the flame. Your relationship with your business is no different.

    Loving your business has numerous advantages. First, you enjoy the long hours that are sometimes required to make it grow and prosper. Seco
    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
    nd, you get to do something everyday that feeds your soul and brings you happiness. Third, how you feel about your business is transparent. When you love your business others notice and you are more likely to attract people to work for you, hire you, or buy from you.

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

    Examples of combination products may in
    as to get you started on falling and staying in love with your work:

    1. Be certain your work aligns with your purpose and values.

    When you are doing work that fulfills your purpose and supports your values, you will be happy, energized and inspired. It just feels right! First, you mu
    lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.

    st identify what is your purpose and what do you value in life? What do you enjoy doing so much you lose track of time? Then, ask yourself, does your business match your values? What adjustments can you make? Are there new projects or products that fit your values that can be explored
    here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
    How can you fulfill your sense of purpose through your business?

    If these questions are difficult to answer, ask yourself if this is the best business for you to be in? Is there other work that would better fulfill your sense of purpose and match your values?

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

    Combination pro
    ection with others.

    The quality of your relationships makes a significant impact on your happiness. This includes people in your office, customers and the professionals in your network.

    Are there any unresolved issues or conflicts you need to address? Do you need to establish (or re-e
    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
    stablish) roles and responsibilities? Is one person making most of the effort or making all of the concessions? Are you isolated and lonely because you work from home?

    Suggestions:

    Identify specific things you can do to improve the quality of your connections with others. Send someo
    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
    ne a thank you letter that acknowledges how they have helped you. Have regular coffee/lunch dates with the purpose of developing new relationships and strengthening existing ones. Identify any missing players from your life - then seek out people to fill that void.

    3. Balance your w
    nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
    rk and home life.

    As a business owner the work is never done. There is always something else to do. So, you need to create systems to balance your time. Are you spending enough quality time with family and friends? Are you working long hours and feeling worn out? Are you giving adeq
    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
    uate time to growing yourself and networking your business?

    Suggestions:

    Use systems and planners to allocate time for work, family, play and also YOU! Plan ahead each month and week. Then, plan each day in the morning. Schedule in time for the things in life that bring you joy- an
    ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
    d keep these appointments.

    4. Delegate the tasks that make you cringe.

    Identify the parts of your business that you dread (and possibly procrastinate on) and eliminate or delegate them. Hire someone to make cold calls for you or handle your bookkeeping. Trade services and get someone
    ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.

    Following aspects would a
    else to design your flyers. Enlist a local teenager to complete the mundane tasks that drive you crazy and drain your energy, but must be done. Not ready for a full-time assistant, but need some administrative support? Then, hire a Virtual Assistant for just a few hours a week.

    5. R
    dd to the challenges in developing combination products:

    Which markets to tap where the combination products can do fairly well?
    Which combination prod
    ward yourself - often!

    Rewarding yourself can take many forms. It may be as simple as taking the time to acknowledge yourself for an accomplishment. It could be going to Starbucks for a latte while you work on a less than desirable task. It might be a massage or a fancy dinner or a ne
    cts are meaningful and rational?
    Which therapeutic categories to select?
    Which Combinations can address unmet needs of the patients?
    Do combin
    w briefcase to celebrate a sale.

    Use a reward system to make those unpleasant tasks more tolerable. Also, be sure you are rewarding the people in your circle of influence. A reward doesn't have to be something monetary. It could be a thank you note or a compliment. It feels just as g
    tions increase the patient compliance?
    What would be the developing cost?
    How to tackle the risks encountered during combination product developmen
    ood to give rewards as it does to get them.

    6. Identify what makes your heart sing.

    What parts of your work make you blissful? What would you do for free if there were no such thing as money? Recognize activities, situations, and relationships that bring you joy. Then, figure out wa
    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
    ys to add them to your life as much as possible.

    You control your own happiness. Research is showing that people who are happy are those who look for little ways to add joy to their day. It's not the big things - getting a huge account - which make us happy over the long haul. The lit
    ping new procedures for reviewing their safety, efficacy and quality.

    Professional from academic institutions, pharmaceutical industries, health care indust
    le things add up - and they are easy to get when you are aware of what brings you joy.

    Suggestions:

    Have coffee/lunch with someone who makes you feel good lifts you up. Learn new things and stimulate your mind. Make a list everyday of the things for which you are grateful.

    7. Spice
    y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
    things up on a regular basis!

    The best of us can get in a rut. Ruts are boring and draining. Take some risks, make some changes and add some excitement into your work and life!

    Suggestions:
    -Call someone you recently met and invite them to meet with you.
    -Paint the walls
    .

    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
    in your office a new color or rearrange the furniture.
    -Join a new networking group - or start your own.
    -Take class or a workshop.
    -Develop a new product or service.
    -Update your logo, your website, or your wardrobe.
    -Hire a coach.

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

    Companies that provide selfless information through particip
    desire to love your work, or you wouldn't be reading this. Just by identifying one or two small things - AND TAKING ACTION - you are on your way to creating and maintaining a love affair with your work.

    Here's to lovin' your business!

    Leigh Ann Rodgers, Business Coach, Trainer & Autho


    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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