Larry Bailey

November 5, 2023

Change is hard!

Change is always hard as I’m sure you’ve heard that many times before. So why keep trying to change? That is a personal question for everyone as well as a professional question for every business. Typically the one unifying reason is because of pain.

A person will make a change, because it hurts to stay exactly where they are. The change may be the diet, or location, relationship, or employment. But all of these share the common thread that a person will typically change one of these given enough pain. The real question of course is why wait until it hurts so bad that you’re forced into making a decision exactly when you’re least capable of having the most amount of options? I cannot think of a single circumstance, where somebody was forced to make a last second decision who didn’t wish they had more time or had the ability to go back in time to make a change before that situation was at their  feet.

Businesses are the same as people in terms of typically not wanting to make a change until it’s too painful to continue. And the common thread continues where the team members forced to make the change for the business are left wondering the same questions which are typically related to why didn’t we make this decision sooner when we had more time and more options? 

The unified perspective with both of these cohorts is awareness of the necessity for change before it is too late to have as many options as possible. The reason why most people are not aware of when they need to change it because they don’t actively look at what they are doing, and if it is the best possible situation for them to  improve. 

Some days I feel like I am the only one who is consciously looking for better ways to do something even though what we are doing seems perfectly fine. Doing this repeatedly, each day can appear to be over the top and unnecessary to some, but of course, when my choices avert potential danger that nobody else saw  coming, I must be a genius. The reality is, I’m just always reevaluating situations that seem to have opportunity for risk.

The most recent example is the email platform that I use for my personal as well as for my business email. The reason why I decided to change the entire platform is because I saw the opportunity to take away potential risk of my own personal email and identity, as well as the potential risk of my team wasting too much time in their email as my company grows. 

The most recent example of change that was forced upon a business centered around a mission-critical platform, where the business was forced to pull an over-the-weekend maneuver which will either solve the existing problems or result in complete failure. The good news is that the choices made were a positive outcome, however stressful and risky the situation was. Could this experience have been different if we were to go back in time and review the opportunity for change before this past weekend; most likely. So hopefully, as a business, they will now take a moment to do a more comprehensive reviews for other opportunities to make a change before anything becomes last minute again.

Larry Bailey
Founder & CEO | Mortgage Workflow Partners Inc.
(O) 888-522-7181 (M) 609-760-7222
                              
 

About Larry Bailey

As the Founder and CEO of Mortgage Workflow Partners Inc., I consistently work with clients who are generally underserved. We provide services to help our clients understand and document their workflow so that they may exploit every aspect of the technology they are already using. If additional technology is needed, we assist our clients in using the most appropriate and cost-effective solutions. We train our clients on all the technology they are using to ensure complete success throughout their company. My newest online community for the mortgage industry can be found at https://mortgage.community. It is a forum of various topics from various providers, and it is free and open for anyone to join, regardless of where they work. Education and sharing information to help others is the bedrock of growth in our industry.

Figuring out solutions to complex problems is a passion of mine.  I started my career in mortgage banking in 1993 as a loan processor for a mortgage broker. There was a clear future in helping people with home financing as well as other mortgage banking professionals. After 30 years and counting, my resolve to help everyone, from borrowers to peers, remains unchanged. I have helped company after company develop and grow to be something much bigger and better for themselves and their customers, which is always my intention. Because of my experience in the complete life-of-loan workflow and my extensive technology background, I can help others see how to determine a path to success and then help everyone through the journey to completion. Pivots happen too, but that is what makes life interesting.

I enjoy spending time with family, hiking, Brazilian Jiu Jitsu, and snowboarding whenever possible.