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I've made millions in network marketing, I've made millions through investments, and I've also lost a lot of money too. Profit from my mistakes and learn how to best invest the money you make in your MLM business.

Network Marketing professionals often ask me how to manage the

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

profits earned from their MLM income.

Can you make more money by diversifying into investments such as stocks, bonds, real estate, etc., and have your money working for you in other areas besides an MLM business? Or would you make more money by really focusing and investing

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

Examples of combination products may in

your money back into your MLM business?

There are three items to think about when answering this question for yourself.

A. What else would you do with your time?

B. What else would you do with your money?

C. What else would you do with your attention (definition: the abili

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

ty or power to concentrate mentally)?

Every investment (stocks, bonds, real estate, your sister's business) requires that you learn about it. And just the learning costs time and attention. And it is the using up of your attention that rarely gets factored into the "diversi

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

fy your money" advice.

Probably what's most important here is, the greatest amount of money you will ever lose, is that amount you will never make because of misuse of A, B, and C from above.

I was listening to a radio talk show about 10 years ago and the advice given was to

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

Combination pro

"Select the top three stock market sectors based on trends. Put one-third of your investment capital in each. Wait 10 years and you should be wealthy off your passive investments." I was making about 50 thousand dollars a month above my expenses - so I thought, "Why not?"

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

I chose the following sectors: Health Care, Technology, and Telecommunications. After losing about half of my money I changed to three different sectors. I looked at my portfolio today and I have lost another $11,848.78.

Don't get me wrong; there have been times I've made

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

ver $50,000 dollars in the stock market in a day. Fun! And there have been times I've lost $150,000 dollars in a day. Not fun.

In addition to that, I've spent an enormous amount of time on my "passive" investments. Many hours (per week) have gone into "pondering" (wasting

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

item C from above) what the stock market is going to do next. Reading newsletters, magazines, newspapers, watching the stock market news and commentaries on TV. And still my return has been negative.

The only thing that has remained very stable and predictable is my networ

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

k marketing income. Had I taken the same amount of money, roughly $500,000 and invested it into promoting my MLM home-based business would I have had a greater return? Yes.

So what about the "Rich Dad Poor Dad" philosophy of "Buy assets that produce more income?" Or the mor

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

e common way it's stated, "Create multiple streams of income?"

As you may know, I created a prospecting tool based on that philosophy where I explain to prospects how wealth is created by investing in assets. (www.mlmbrilliance.com) So I'm very close to this subject.

Howeve

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

Following aspects would a

r, if you listen closely to the way I stated it in the online movie, I say, "So what are assets? Well the most obvious ones are: stocks, bonds, real estate..." Then I say, "...education and businesses." And to that I'm referring to educating yourself about businesses. Whet

dd to the challenges in developing combination products:

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

her that be your MLM home-based business or your pinball machine business.

Two common mistakes in making decisions on A, B,and C from above are:

1. Making decisions based on now vs. decisions based on future. Of course you need to pay your bills now. They're screaming at y

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

ou! But keep in mind what I talk about in Brilliant Compensation - it's not faster (in the long run) to tie your young son's shoes than teaching him how to do it himself. If you tie his shoes for him you silence the screaming urgency, but you're still stuck with the job UNT

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

L you teach him to tie his own shoes. When you make financial decisions make sure you're looking at the long-term. Residual income that can be generated from an MLM business is sweet.

2. Making decisions based on "could you" instead of what you "will you" do with your time,

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

money or attention. Example: A guy determines that it's a poor use of his time and attention to mow his own yard, so he hires the boy down the street to cut his grass. Now, what does he do with that extra time (A), and the extra attention (B)? He watches TV. Bad choice.

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

Professional from academic institutions, pharmaceutical industries, health care indust

When he was making the decision to hire the lawn boy he thought, "It's a waste of my time to mow the grass when I could be doing more important things like building my MLM business." Make sure when you free up any of the three resources you use them wisely.

Summary: My pers

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

onal opinion is invest your time, money and attention into KNOWING your MLM home-based business and getting really good and profitable at it. Find and study MLM training that is proven and effective, and master it.

Continually reinvest your profits back into your network mark

.

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

eting business by promoting it more, that's where the high return is. When you have a surplus of income, buy a secure investment like Treasury Bills http://www.publicdebt.treas.gov/of/ofbasics.htm until you're ready to learn another business FULLY. By business I'm including

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

Companies that provide selfless information through particip

all investment activities as well. Then focus your time, money and attention (from the surplus only) on knowing THAT business.

From my experience, diversifying my money has done nothing more than dissipated my focus, which has in turn lost a lot of money, time, and attention

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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Although there are a vast amount of Internet marketing tools available, unless you use these tools properly, you efforts will not yield optimum results.

How can images enhance your website and build the bridge that creates a personal connection between you and your visitor? There are 5 types of images or photos that need to be included on almost every website.

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