Useful Articles - Self Improvement

Do you think you have what it takes to become a professional organizer? Do you love to organize your home and office? Do people always marvel at how well organized you are? Do you love to help other people get organized? Being organized yourself is a great b

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

eginning. But there is much more to consider when starting out on your own as an organizer. Here are some tips to help you decide and resources to make sure you succeed!

FINANCIAL CONSIDERATIONS

First of all, as with starting any business,

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

Examples of combination products may in

it is financially risky. If you have a job, and it is your primary source of income, I highly recommend NOT leaving your job until you have done several projects and are sure this is right for you.

Start up Costs

Make sure you have a reali

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

tic estimate of your startup costs. Your startup costs may include joining professional associations, education, books, getting a website established, marketing, printing business cards, computer, etc. Note that print advertising is very expensive and not re

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

ommended. Your best marketing tools are where you can get face to face with people.

Your start up expenses could well add up to be in the thousands, so the first 6 months will probably not bring a profit. If you are lucky you will just break-even. Therefore

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

Combination pro

if your organizing business will be your primary source of income, have at LEAST 12 months worth of living and business expenses in the bank before you quit your job.

Ongoing Costs

Other ongoing business expenses to factor in your budget

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

nclude a business phone line, credit card merchant account fees, advertising & marketing expenses, website development and hosting fees, annual dues to organizations and more. Be sure you have a business plan and a monthly budget that includes these expenses

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

in addition to your startup and living expenses.

What to Charge

Once you have a budget you need to decide how much money you need to make and what to charge per hour. Industry standard ranges start at $50 - $75 per hour depending on region

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

of the country. Experienced organizers can make much more if they work in the corporate world, or as workshop facilitators.

Be realistic about the amount of billable hours you can have in one week. The truth is that organizers can usually only spend maybe h

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

lf the time (20 - 30 hours per week) actually organizing with clients. The rest of the time is often spent marketing, performing administrative & financial tasks, writing, planning, attending meetings, etc.

ASSESS & DEVELOP YOUR SKILLS

Be

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

onest with yourself about your skills, strengths, weaknesses, and ability to deal with not having a steady income. Running an organizing business means you not only have to be a good organizer, you need to be skilled at marketing, sales, financial / budgetin

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

Following aspects would a

, technology, writing, and the consulting process. Working with different people's styles and educating them about organizing is just as important as your ability to organize things.

If you have all the skills, or are willing to learn them and continuously

dd to the challenges in developing combination products:

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

mprove, and if you are truly passionate about organizing, it can a wonderfully challenging and rewarding career.

RESOURCES

To help you explore the world of professional organizing and prepare to succeed, I recommend the following resources

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

1. Visit NAPO.net and Join the National Association for Professional Organizers. NAPO's purpose is to help you succeed. They provide online training and support to help you decide if the business is right for you. They also have an online referral network

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

s well as many other professional development resources.

2. Join your Local Chapter of NAPO. Organizers are some of the warmest and kindest people you'll ever meet. Don't expect business consulting, but they will help you learn to be your best with clients.

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

I found some great business mentors at the National Conference. The reality is that organizers in other states and countries are far more likely to share actual business tips like how to get new customers.

3. Visit NSGCD.org. If you join, they provide 3 fre

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

Professional from academic institutions, pharmaceutical industries, health care indust

hours of teleclasses per month that are very helpful in learning how to help the more challenging chronically disorganized clients you will encounter. They also have a national conference which is worth it's weight in gold as well as a monthly newsletter.

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

. Maria Gracia, from the Get Organized Now! website has a forum for Professional Organizers to chat and exchange ideas. This is a great way to see what daily challenges organizers face and get tips to help you with your business. She also provides a manual f

.

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

r organizers which is helpful.

5. Cyndi Seidler's Manual for Professional Organizers. This is one of the better books on starting your business, however, the online training provided by NAPO is the best.

6. To educate yourself and ensure you are prepared t

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

Companies that provide selfless information through particip

help people get organized in a way that works for their style (not yours), you should read at least 10 of the best books on organizing and clearing clutter to ensure you have a foundation. See my website for a reading list.

Good Luck!

© 2006 Ariane Benefi

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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