While some might see Tuesday's list of profit leaks as daunting, it actually represents a list of opportunities. For each leak plugged, sustainable profits rise. Again, each leak does not require you to be a trading wizard, have superpowers, or need a managed account provider to execute your trades. You need an organized approach, a spirit of communication and the desire to persistently improve.
The key driver that will determine whether a given profit leak is a slow drip or a fire hose is volatility. Volatility is the one constant in mortgage banking. "Peeling the onion" to understand the risks and harness the power of the "VIX "is at the heart of maximizing returns.
Volatility touches every part of our daily lives. For a secondary marketing executive, managing this volatility isn't optional - it's a core responsibility. Ignoring it is like ignoring a running faucet in an upstairs bathroom-risk builds up until it becomes a flood. But by acknowledging, monitoring, and positioning yourself to respond strategically, you can harness this powerful force, much like channeling water, fire, or wind. Done right, it becomes a wave that consistently lifts your team's results above the competition.
> > As featured in Les Parker's TMSpotlight "Follow" daily newsletter: Channeling water, fire, or wind vs. Earth, Wind and Fire
