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  • Answers - Mortgage Training: How to Triple Production While Cutting Your Office Hours in Half

    Do you ever wonder where your time goes during the day? Well here is an eye opening mortgage training exercise you should try:

    For one full day, write down what you are
    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
    doing every 15 minutes. At the end of the day you will be amazed by how much time you spend doing “non-dollar-productive” activities.

    Non-dollar-productive activities
    ; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.

    Examples of combination products may in
    are activities you do day in and day out that make you zero money… Like walking to the fax machine or using the copier.

    In this mortgage training article you’ll discover
    lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.

    how to walk into your office, do only what you enjoy doing for 2 to 4 hours and then go home. Would that improve your quality of life? Of course it would.

    So how do y
    here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
    ou do that?

    1) Make a list of the mortgage activities you want to do.
    2) Make a list of everything you do not want to do.
    3) Build a team of assistants t
    d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.

    Combination pro
    o do all the things on your “do not want to do” list so you can spend all your time on the “want to do” items.


    By the way, don’t limit your lists to just business r
    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
    esponsibilities. You can and should extend your “do not want to do” list to your personal life. You can hire a Personal Concierge to pick up your dry cleaning, wash you
    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
    r car, run errands, whatever.

    Imagine how wonderful your life would be if you could spend every day only doing the things you enjoy most. That’s what life is all about.
    nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically


    To summarize, the basic idea here is to delegate all of your duties so you can only spend your time doing what you like best.

    Here’s an example of how powerful this de
    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
    legation process can be:

    What if you were an excellent sales person - You loved selling loans. You arrange your schedule so you’re in the office from 10:00am to 12:00pm
    ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
    take lunch, and return to the office for your afternoon shift from 1:00pm to 3:00pm (this is called time blocking).

    Your team does everything except make closing calls.
    ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.

    Following aspects would a
    So your job during the four hours you’re in the office is to make closing calls. You make 10 closing calls, sell 8 - 9 loans, and go home for the day. You just made a
    dd to the challenges in developing combination products:

    Which markets to tap where the combination products can do fairly well?
    Which combination prod
    t least $24,000 in four hours and you’re done for the day!

    Mortgage training team building tips

    Below you will find a few pointers for hiring your assistants.

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

    * Do a phone interview before meeting in person

    Describe the position and your expectations.
    Are they currently employed?
    If so, why
    tions increase the patient compliance?
    What would be the developing cost?
    How to tackle the risks encountered during combination product developmen
    are they leaving their current employer?
    Schedule a face to face meeting.


    * Conduct 3 separate interviews on 3 different days.

    * Conduct your interviews at
    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
    3 different times of the day (early morning, noon, late afternoon). You want to see how these people function at different times of the day.

    * Check 3 – 5 business re
    ping new procedures for reviewing their safety, efficacy and quality.

    Professional from academic institutions, pharmaceutical industries, health care indust
    ferences after the first interview. Personal references are easier to falsify. So be sure to call past employers.

    * Give them a DISC test after the second interview.
    y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
    A DISC test is a personality profile that will give you valuable insight into whether or not this candidate would be a good fit for the position and for your team. To 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
    ind one of these tests search goggle.com for “disc test”.

    Well that’s it. In order to maximize the effectiveness of this system, be sure to automate as many of your te
    elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.

    Companies that provide selfless information through particip
    am’s duties as possible. Use technology and team building to your advantage and watch your production sky-rocket while cutting your time in the office to 10 hours a week


    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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