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  • Main Subject - Is Visiting Online Forums a Productive Use of Your Time?

    If you run, or want to run, an online business, then you know that there is a plethora of things that compete for your time and attention. Every day, more and more opportunities to learn and to network crop up online.

    A sentiment I often hear or see expressed is that entrepreneurs need to avoid spending time in online forums. The logic, most-often used, is that, when we're in a f
    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
    orum, we aren't creating or selling a product. Ironically, I often see this sentiment expressed in forums. If it's such a waste of time, what are those people doing there?

    OK, I'll admit that there is some truth in their logic. Like watching television, too much lurking about in online forums can definitely leave you with nothing accomplished for your
    ; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.

    Examples of combination products may in
    ffort; anything not done well or in moderation, typically, is not productive.

    There are, however, strategies you can use to maximize your gains from participating in online forums. Used well, they may even be the catalyst for generating income; not wasting time. Here are the strategies I advise for the most-productive forum use.

    1. Be Choosey. As I already m
    lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.

    entioned, there are a bunch of online membership forums, and more spring up every day. It’s difficult to be productive if you spend time in all of them. You have to pick and choose the ones in which you can make the most productive use of your time.

    2. Have a Purpose. I suggest that you start by visiting them with a purpose in mind. Ask yourself, "How can spending time in
    here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
    this forum help me increase my profits?” Or "...start my business?" if that's where you are. Also, have a purpose for revisiting. It's easy to get sucked into visiting a forum where you stand little to gain just because you are familiar with it and the people who are there. Unless you are going in to socialize, don’t go in unless you have a business purpose in mind.

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

    Combination pro
    te. When you visit a forum for the first time, open up a page in your favorite journaling tool. My favorite is Microsoft OneNote, closely followed by a notepad and pen. During your visit, take notes about what, within the site, has potential for helping you be more profitable. Use these notes when you return and take additional notes to be sure that you fully benefit from thos
    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
    e areas. For example, depending on the site, this could be a training video on how to do market research, a series of articles on targeting your niche, or detailed forum discussions in an online area teeming with search-engine optimization experts.

    4. Be Helpful. Participate in discussion areas that cater to topics in which you have expertise. Focus on helping those who ar
    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
    asking the questions; not on feeding your ego. Helping people in this manner demonstrates your knowledge, while simultaneously allowing you to build your reputation as an expert on the subject. Don’t overdo it, however. Hanging around answering questions all day and night can prevent you from successfully completing other items on your list and, possibly, make your fellow forum vis
    nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
    tors suspicious about your motives.

    5. Schedule Your Time. Your time, like mine, is limited. To use it productively, you’ll need a game plan. Most people who visit online forums don't do this, but just about everyone should. An unplanned forum visit can easily turn into hours of aimless web surfing. Instead, schedule a time to visit one or more online resources and leave
    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
    when the time is up -- whether or not you’ve been able to read and post all that you wanted.

    6. Network. I have met many extremely valuable contacts and subsequent business partners in online forums. Don't push or try to sell yourself into these relationships. Be yourself, post when you are knowledgeable about a topic; refrain from posting when you aren't. You'll naturall
    ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
    attract attention from those with whom you “connect” and those who may be able to use your services. Don't force it; let it happen.

    So, since I'm a believer in productive use of online forums and membership sites, I must have a few that I like, right? Absolutely. They are listed below (along with a description of why they are valuable to me).

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

    Following aspects would a
    get="_new"href="http://www.warriorforum.com/forum">http://www.warriorforum.com/forum

    This is the first Internet Marketing forum I ever joined. Registration is free, yet it certainly has proven to be a priceless community to me. In fact, I may not have ever built an Internet Marketing business if it weren't for the encouragement I’ve received and a few of the contacts I've made
    dd to the challenges in developing combination products:

    Which markets to tap where the combination products can do fairly well?
    Which combination prod
    through this site.

    Wealthy Affiliate
    http://www.wealthy-affiliate-membership.com

    This membership site charges a monthly fee that's less than dinner for two at any place nicer than a fast food joint. The owners of the site, as well as several members, go out of their way to practically ensure that
    cts are meaningful and rational?
    Which therapeutic categories to select?
    Which Combinations can address unmet needs of the patients?
    Do combin
    ou will make much more than the fee each month. The wealth of resources in this site, which you can use to help yourself get started and then go well beyond, makes the monthly fee a joke. Honestly, just go check it out.

    WebsiteMonthly
    http://www.buildmywebempire.com

    This membership site actually is a conglomer
    tions increase the patient compliance?
    What would be the developing cost?
    How to tackle the risks encountered during combination product developmen
    tion of 10 paid-membership sites, each of which is geared toward helping you learn about and use specific strategies and tactics in your online business. You may not need or want to visit all 10 of these sites regularly, but you’ll almost certainly find at least a few that offer techniques, tips, and advice that you can use productively and profitably.

    WebsiteMonthly charges a fee,
    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
    but there's a twist. They have, at least as I write this, waived the monthly fee and are charging a one-time fee for lifetime membership to all sites. The fee seems to be subject to change, so I won't quote it here. I highly recommend that you check it out though -- it's a ridiculously low price considering both the number of individual sites to which you gain access and the fact
    ping new procedures for reviewing their safety, efficacy and quality.

    Professional from academic institutions, pharmaceutical industries, health care indust
    hat you pay only once for a perpetual membership to all of them.

    The Other 98 Percent
    http://www.other-98-percent.com

    This is a relatively new membership site that holds a lot of promise. The site publishers' goal is to provide a place to learn about (and discuss) the process of selling to buyers of products un
    y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
    elated to Internet Marketing. That is, "the other 98%" of people who buy “real things” online. That description probably doesn't do the site justice, so you should go check it out -- registration is free.

    As noted above, some of these are free resources and some charge a fee. As is the case with many products and services, you don't always get what you pay for. In other words, d
    .

    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
    on't judge a site by its membership fee. However, I also would advise against ruling out a site because a fee is charged for membership. Like everything else in business, you should look at the return on investment (ROI). If a membership site charges $50 per month, but you are able to earn more than $50 a month in profit by being there, including the “opportunity cost” of your tim
    elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.

    Companies that provide selfless information through particip
    (what could you be doing instead?), then you'd actually lose money by not joining.

    Obviously, the choice to visit or join these or any other membership sites is yours. My best advice, however, is to base your decision to join on what these sites can or cannot do to help you in your business rather than what they may or may not be doing for someone else - including me


    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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