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You’ve bought a few properties, and tied up most of your available cash and credit. If you want to continue acquiring properties, what do you do? You simply must find an alternate source of funds,

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

and the best one I know of is private money for real estate investing. The first step is to create your ‘elevator speech’ for private money prospects.

An elevator speech is nothing more than a pit

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

Examples of combination products may in

h, or short synopsis, of what you do and why you do it. In the case of a playwright, an elevator speech would be a pitch aimed at producers, explaining the play and why it should be produced. For a

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

entrepreneur, the elevator speech would be a sixty second briefing on his or her business idea, designed to obtain funding or some other support from the listener.

In the same way, for you – the

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

eal estate investor – the elevator speech is a brief talk explaining that you are looking for private money for real estate investing, who you are looking for, and how you will use the money.

To b

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

Combination pro

successful, your elevator speech will accomplish three things in the time it takes to brush your teeth… and you’ll do it in a manner that sounds more like a conversation than a speech about privat

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 money for real estate investing.

First, you’ll gain your listener’s attention. The best way to do this is usually with a question that touches an emotion, such as, “Are you seei

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

g a safe, reliable ten to twelve percent return on your retirement funds or savings?” Watch their ears perk up, and the blood start pumping into their cheeks! You’re one small step closer to anothe

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

source of private money for real estate investing.

Next, you need to stimulate their interest. You do that with information. “If you’re not seeing those kinds of consistent retur

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

s, we’ve created a real estate investing partnership that buys houses for cash, using a group of private lenders. We pay ten to twelve percent on notes secured by the real estate. If that interests

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

you, I’d be happy to share the details with you?” Pause… wait for it… wait for it! There it is, your listener’s eyes are bright and keen, and they’re leaning forward in rapt interest. You can sense

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

Following aspects would a

that more private money for real estate investing has inched it's way closer to your bank account.

Finally, it’s time to fulfill their desire. You do that by closing the sale, in

dd to the challenges in developing combination products:

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

this case with an appointment to give them more information. You can do that either one-on-one, or at one of your “Private Money For Real Estate Investing” seminars. Either way, don’t let them get

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

way without securing a definite appointment, or at least permission for you to phone them to set one up.

Here’s how the close might sound: “If you’d like all the details, we’re hosting a small lun

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

heon for interested investors on Saturday at noon at Pat’s Villa on Sundance Trail. It will be informational only, and there’s no obligation to invest. Here’s a ticket, can I expect to see you ther

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

?”

Make eye contact, and hold the ticket out to them (yes, you should always have tickets with you!). Don’t release the ticket until they answer your question. You want some definite answer, even

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

Professional from academic institutions, pharmaceutical industries, health care indust

if it’s a no. Better that you know they are not interested than moving forward hoping they are. This way, the space at your seminar will remain free for someone who IS interested.

You’ve gained th

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

ir attention, stimulated their interest, and fulfilled their desire for more. Do this consistently and private money for real estate investing will begin flowing in your direction… first as a tiny

.

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

ivulet, then a gushing stream, and finally a mighty river. So, write your elevator speech down now and start practicing it.

Ahh, the sound of money trickling in your direction. You can do this… I

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

Companies that provide selfless information through particip

now you can! For more information, read my article Private Money For Real Estate Investing.

Now, go make more offers

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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You know you need to get some home business training but you're not quite sure about all the different courses that you're going to need to take. Hopefully, after reading this, you will have a pretty good idea of what you're going to need to learn and what you can probably do without.

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