Rayson Choo – Learn About the Product First, That’s Your Insurance

<p><a href="https://www.linkedin.com/in/raysonchoo/" target= "_blank" rel="noopener"><strong>Rayson Choo</strong></a> is a Transformation Catalyst. What he does for a living is pick the brains of the best entrepreneurs in this world such as Gary Vaynerchuk, Grant Cardone, and others to find out simple and effective steps that millennials can take to experience success in the swiftest and most effective way possible.</p> <p>He does this through <a href="https://anchor.fm/theraygacyshow" target="_blank" rel="noopener">podcasting</a><u>,</u> where he helps millennials to experience personal transformation from the tips that they need to move forward.</p> <p> </p> <blockquote> <p style="text-align: center;"><strong>“Just being friends with multi-millionaires won’t make you successful. What makes you successful is applying the knowledge that they have imparted to you.”</strong></p> <p style="text-align: center;">Rayson Choo</p> </blockquote> <p> </p> <h2>Worst investment ever</h2> <h3>Starting his entrepreneurship journey</h3> <p>Rayson met a gentleman about three years ago, and they quickly became friends. Rayson found the friendship quite beneficial as they got along pretty well. They would attend all these seminars and conferences together. Often, they would discuss business and future projects and help each other out with the brainstorming.</p> <h3>A caring friend lends a hand</h3> <p>The gentleman happened to be a financial service provider, and so one day he sat Rayson down and they discussed his financial plans. They also talked about the kind of insurance coverage that he had. It so happened that Rayson didn’t have any insurance.</p> <p>His friend told him that it was best he considered investing in insurance. He recommended an Investment-linked Insurance Policy (ILP). He explained to him that if he invests X amount, he will get a certain amount of money back. He promised that the monthly payment would increase in a couple of years, and the investment returns would come in as well.</p> <h3>Trusting his good fr