Re: Novasure Q4 forecasts
Couple of things....from someone who long ago in his career was in specialty pharma. First, the SSS position from what I understand is relatively transient in that to secure a TM position you may have to move to a totally new geography. Determine this with your recruiter before even bothering. If that is not a problem, not that there is no pressure to perform, even for the TMs, as an SSS, you're basically temporary and if you do not close business and show growth you will be shown the door. OK, that's the bad news...but it's like every other place..it is performance based. The big difference is that you can pretty much put together a 20-25 year career in pharma with spotty or low performance as long as you don't bust balls, get all your admin in (which there is little to none in device) and refrain from screwing the company with bogus expense reports. In device, there is pressure to perform. You show numbers or it's time to return to dropping samples and running lunches. Second, if you want to be in pharma forever you will let opportunities like this pass. Do yourself a favor, take the interview and get the job if you want it. The sooner you get out of pharma the better. The longer you stay in, you become tagged as a pharma rep and will never get out. Let me give you a real life for instance if the money is a concern. My last year in specialty pharm sales I made 90K (back in 2003 with a notoriously low paying large pharma comp). I did a couple of years as a pharma regional acct mgr until 2005. I have been in device ever since with 2 companies. First company was a leap of faith and the company failed, but money was much better than pharma. I have been here for little over a year. In 2008 I will make between 165-185K depending on how this last quarter of the calendar year goes. Hope this helps. Worst case you get it, work your ass off and leave after a year....but at least you leave as a device/surgical rep. And don't be foolish at that point...do not go back to pharma!
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