Question About Expanding Your System
What This Covers
A live question from a client sparks an impromptu but powerful discussion about when and how to expand your banking system. Roman and Richard highlight the mindset shift required to grow your policy portfolio, rooted in personal desire, intention, and Nelson Nash’s core principles.
Why Clients Use It
To clarify when it’s time to expand their system
To understand how mindset and intentionality drive growth
To reflect on Parkinson’s Law and how it limits wealth building
To connect new money (raises, bonuses, inheritances) to policy expansion
Key Insights by Timestamp
(00:18 – 00:44)
A participant asks: “What’s your thought process for expanding your system?”
Coaches decide to stay overtime, showing how important this topic is.
(00:55 – 01:12)
Richard recently had a breakthrough on this, realizing the shift is from “How do I start?” to “How do I grow?”
The key driver: desire. Without it, expansion won’t happen.
(01:04 – 01:50)
Revisit Nelson Nash’s warning from Becoming Your Own Banker:
Everyone already spends all financial resources on what they think is best.
Unless you intentionally redirect new money (like bonuses or tax returns), it disappears.
(01:50 – end)
Parkinson’s Law: Expenses rise to match income.
Without a strong desire and plan, system expansion won’t happen.
Honest introspection and a burning passion to escape financial prison are essential.