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Just Answers - Start A Cashflow Club
The cashflow board games, Cashflow 101, Cashflow 202, and Cashflow For Kids, were designed by Robert Kiyosaki, best-selling author of the Rich Dad, Poor D
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
ad book series.
Robert is a fourth-generation Japanese-American who grew up in Hawaii in the 1950s. His father, the poor dad of the title, was head of th
Robert is a fourth-generation Japanese-American who grew up in Hawaii in the 1950s. His father, the poor dad of the title, was head of th
; 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
e Education Department of Hawaii during Robert's childhood. His rich dad, the father of his best friend Mike, was a wealthy businessman who began teaching
lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.
Robert and Mike about creating wealth when the boys were nine years old.
The Cashflow game teaches accounting, finance and investing, and encapsulates t
The Cashflow game teaches accounting, finance and investing, and encapsulates t
here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
he wealth-creating principles Robert learned from his rich dad. Its purpose is to teach players how to recognize opportunities for wealth in everyday life
d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.
Combination pro
Combination pro
It’s also a lot of fun. Many players have replicated the strategies of the game in their lives and achieved financial freedom.
The best way to play the
The best way to play the
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
Cashflow game is to find a group of like-minded players who are committed to pursing their own wealth creation dreams. Playing Cashflow with friends and f
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
amily can be less satisfying if they don't share your financial ambitions.
If there isn't a Cashflow 101 club in your area, it's a fairly simple process
If there isn't a Cashflow 101 club in your area, it's a fairly simple process
nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
to start one.
1. Place an ad in your local paper. Community announcements are usually free.
2. You can offer your house as a first-time venue, or book a
1. Place an ad in your local paper. Community announcements are usually free.
2. You can offer your house as a first-time venue, or book a
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
meeting room at your local library. You can also meet at a local coffee shop, providing they have a less trafficked area where you can play the game with
ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
ut disturbing other patrons.
3. You need 3-6 players per game, so you can start with a very small group. If no one in the group owns a game, you can agre
3. You need 3-6 players per game, so you can start with a very small group. If no one in the group owns a game, you can agre
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
e to purchase your first Cashflow 101 game jointly. Or you may choose to buy your own game.
4. As the club grows, you may need to find a larger venue. Yo
4. As the club grows, you may need to find a larger venue. Yo
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
ur local council should have a list of meeting rooms on your area. Find out where local community groups meet. These venues will vary in cost and you shou
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
ld pay no more than $30 for room hire. Players can contribute a small sum to cover the costs of the venue, photocopying and refreshments.
5. Continue pla
5. Continue pla
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
cing your free monthly ads in the paper. You can also collect players’ e-mail addresses and send out a monthly reminder regarding the date and venue of th
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
next game.
6. Usually several members will have their own Cashflow games so there'll be enough per meeting to accommodate the attending players.
7. You
6. Usually several members will have their own Cashflow games so there'll be enough per meeting to accommodate the attending players.
7. You
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
can choose to keep the club informal or set up a more formal structure with a committee and paid membership.
8. Once you've mastered Cashflow 101, you m
8. Once you've mastered Cashflow 101, you m
y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
ay wish to move on to the challenge of Cashflow 202. Less experienced members and beginners can continue playing the 101 game.
9. When your club is up an
9. When your club is up an
.
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
d running you can add it to the list of worldwide clubs on the Rich Dad web site. You’ll be amazed at how many local people will find you through this lis
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
t.
Playing Cashflow is a great way to network with people who have similar goals and a range of expertise that will often dovetail with your own projects
Playing Cashflow is a great way to network with people who have similar goals and a range of expertise that will often dovetail with your own projects
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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