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ArticlePedia - Mark Anastasi Interview
Mark Anastasi is a walking, talking, self improvement dynamo and his entrepreneurial journey has been a fascinating one.
He is the kind of guy that is only too willing to share his knowledge and experience for the benefit of tho
He is the kind of guy that is only too willing to share his knowledge and experience for the benefit of tho
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
se around him.
He shares much of this experience through his financial freedom seminars. He also has a separate company that promotes other personal development speakers called Inspired Events...
The Interview
DS: What inspire
He shares much of this experience through his financial freedom seminars. He also has a separate company that promotes other personal development speakers called Inspired Events...
The Interview
DS: What inspire
; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.
Examples of combination products may in
Examples of combination products may in
you to set up the Life Quest Partnership?
MA: All the good I have in my life I owe to the considerable investment I have made in my 'personal development', through books, CDs, DVDs, and seminars I have attended. The LifeQuest
MA: All the good I have in my life I owe to the considerable investment I have made in my 'personal development', through books, CDs, DVDs, and seminars I have attended. The LifeQuest
lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.
artnership, Inspired Events, or The Online Marketing Group are ways for me to share these tools, strategies, and insights that have made such a difference in my life.
DS: Did you have any help setting up the company or were you
DS: Did you have any help setting up the company or were you
here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
oing it alone?
MA: I have always set up my companies on my own, though I have been blessed in having attracted extraordinary and invaluable mentors, as well as staff of the highest calibre. At the end of the day, your success a
MA: I have always set up my companies on my own, though I have been blessed in having attracted extraordinary and invaluable mentors, as well as staff of the highest calibre. At the end of the day, your success a
d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.
Combination pro
Combination pro
an entrepreneur will depend on your TEAM.
DS: What was the biggest challenge you faced in bringing your idea to fruition? How was it overcome?
MA: Lack of adequate funding in the initial stages was frustrating, though we pulle
DS: What was the biggest challenge you faced in bringing your idea to fruition? How was it overcome?
MA: Lack of adequate funding in the initial stages was frustrating, though we pulle
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
through in the end without the need of external investors.
DS: What makes you most proud about your achievements with the Life Quest Partnership?
MA: Hearing the testimonials of our Success Partners or of attendees of our even
DS: What makes you most proud about your achievements with the Life Quest Partnership?
MA: Hearing the testimonials of our Success Partners or of attendees of our even
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
s fills me with joy every time, and also, I am proud and grateful for the amazing people that selflessly devote their time to this business.
DS: How did you actually fund your business to get it off the ground?
MA: I funded all
DS: How did you actually fund your business to get it off the ground?
MA: I funded all
nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
my businesses - at least initially - from the sale of my ebooks on the Internet. I am currently looking for ?250,000 in capital, from investors, to take The LifeQuest Partnership to the next level, in view of a stockmarket floata
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
ion in 2008.
DS: What attributes make a successful entrepreneur?
MA: Passion, Drive, Vision, Total Self-Belief, Courage, a desire to help people & solve problems, great people skills, and a solid grounding in Marketing.
DS: Wh
DS: What attributes make a successful entrepreneur?
MA: Passion, Drive, Vision, Total Self-Belief, Courage, a desire to help people & solve problems, great people skills, and a solid grounding in Marketing.
DS: Wh
ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
t do you believe are the necessary elements for a business venture to succeed?
MA: Marketing, marketing, and then more marketing. Spend 90% of your time on the marketing. Other than that, making sure there truly IS a market for
MA: Marketing, marketing, and then more marketing. Spend 90% of your time on the marketing. Other than that, making sure there truly IS a market for
ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.
Following aspects would a
Following aspects would a
your product or service in the first place.
DS: How essential do you see a University education in achieving success as an entrepreneur?
MA: Not at all. Zilch. Nada. Niet. Nuh-huh. If you are at Uni at the moment... leave.
DS:
DS: How essential do you see a University education in achieving success as an entrepreneur?
MA: Not at all. Zilch. Nada. Niet. Nuh-huh. If you are at Uni at the moment... leave.
DS:
dd to the challenges in developing combination products:
Which markets to tap where the combination products can do fairly well?
Which combination prod
Which markets to tap where the combination products can do fairly well?
Which combination prod
What are the three most important lessons you have learned about business and entrepreneurship?
MA:
(1) The Entrepreneur's Golden Question: "How Can I Serve/Help More People?" Business and entrepreneurship is about adding val
MA:
(1) The Entrepreneur's Golden Question: "How Can I Serve/Help More People?" Business and entrepreneurship is about adding val
cts are meaningful and rational?
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin
e to people's lives.
(2) Absolute integrity is a MUST.
(3) Having a grand vision is great, but you still must take care of the details!
DS: What advice would you give to an aspiring entrepreneur?
MA: Start.
DS: What's the nu
(2) Absolute integrity is a MUST.
(3) Having a grand vision is great, but you still must take care of the details!
DS: What advice would you give to an aspiring entrepreneur?
MA: Start.
DS: What's the nu
tions increase the patient compliance?
What would be the developing cost?
How to tackle the risks encountered during combination product developmen
What would be the developing cost?
How to tackle the risks encountered during combination product developmen
ber one book you would recommend to aspiring entrepreneurs?
MA: Study Robert Kiyosaki's "Choose To Be Rich" (CD), Michael Gerber's "The e-Myth Revisited", and Richard Parkes Cordock's "The Millionaire MBA" (CD)
DS: What memorab
MA: Study Robert Kiyosaki's "Choose To Be Rich" (CD), Michael Gerber's "The e-Myth Revisited", and Richard Parkes Cordock's "The Millionaire MBA" (CD)
DS: What memorab
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
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
e mistakes, if any, have you made in business? What did you learn from them and how can they be avoided?
MA: Not keeping an eye on cash flow was definitely a mistake I learned the hard way! Good book-keeping & accountants... vi
MA: Not keeping an eye on cash flow was definitely a mistake I learned the hard way! Good book-keeping & accountants... vi
ping new procedures for reviewing their safety, efficacy and quality.
Professional from academic institutions, pharmaceutical industries, health care indust
Professional from academic institutions, pharmaceutical industries, health care indust
al.
"In order to Think Big... you've got to 'Think Small'" - Robert Kiyosaki
DS: What are the best and worst things about being an entrepreneur?
MA:
The Best: Freedom. Creativity. Self-Expression. Unlimited Wealth Potential.
"In order to Think Big... you've got to 'Think Small'" - Robert Kiyosaki
DS: What are the best and worst things about being an entrepreneur?
MA:
The Best: Freedom. Creativity. Self-Expression. Unlimited Wealth Potential.
y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
The Worst: You carry the awesome responsibility of being accountable for the livelihood of other people. The buck stops with YOU.
DS: Are there any other thoughts, insights, or advice for aspiring entrepreneurs that you'd like t
DS: Are there any other thoughts, insights, or advice for aspiring entrepreneurs that you'd like t
.
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
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
add?
MA: We live in the age of the entrepreneur. It is much safer than being at the mercy of an employer! There is nothing to fear. You can never fail - only LEARN. Being an entrepreneur is synonymous to being ALIVE! Just Do It
MA: We live in the age of the entrepreneur. It is much safer than being at the mercy of an employer! There is nothing to fear. You can never fail - only LEARN. Being an entrepreneur is synonymous to being ALIVE! Just Do It
elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.
Companies that provide selfless information through particip
Companies that provide selfless information through particip
Money Is Nothing But The Measure Of The Value You Create For Other People, and you go about adding value to people's lives BY BEING AN ENTREPRENEUR!"At the end of your life, you won't wish you'd spent more time at the office...
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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