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    The 3 Reasons Why Book of Money & Business: 3 Reasons Why
    The 3 Reasons Why Book of Money & Business: 3 Reasons Why
    The 3 Reasons Why Book of Money & Business: 3 Reasons Why
    Ebook130 pages1 hour

    The 3 Reasons Why Book of Money & Business: 3 Reasons Why

    By 3ReasonsWhy and Ryan Stabile

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    About this ebook

    The Must-have Book for Entrepreneurs & Leaders

    The 3 Reasons Why Book of Money & Business brings a new kind of reference tool to the world – one that provides clear, concise and fact-based summaries of the world’s most discussed topics, past and present, for any reader to easily consume. 

    Today’s world is awash in an endless array of information with no shortage of subjects on which you may choose to be informed. We have Google, Bing, Wikipedia, Reddit, Quora, YouTube and the list goes on and on. Do we even need a single reason for yet another source of information to add to all of the noise? Well, here are three reasons why.

    1.    Concise. It’s easy to get overwhelmed by the wealth of information on the internet when all you need is the fundamentals. Stop yourself from becoming overstuffed on information, lest you become sick to your stomach. 
    2.    Factual. The internet is notorious for people presenting false information as facts. If you need to spend time researching the answers someone gave you to the question you just asked, you may find yourself in an endless spiral of internet research. 
    3.    Interesting. For every good “why” there is a reason, but is it the reason you were looking for, and is it interesting? 

    Enter 3 Reasons Why, the only information platform where you ask the questions and we provide 3 concise, factual and interesting reasons. We believe that less is more and we strive to get past all of the noise in order to provide readers with 3 simple reasons.

    The Problem
    Ask yourself this: Why would anyone need 10, 15, 30 or more reasons to do anything? Do you really have the time to read a 50-step WikiHow article on a seemingly simple subject? 

    Our Soluton
    3RW is a platform to distill knowledge, avoid over complication and go straight to the point of providing readers with 3 Reasons for a variety of topics, including money, business, entrepreneurship, growth, and just about anything that made you stop and wonder why. 

    This is how most actions play out in the real world:
    •    1st time something happens, it’s an occurrence and you can usually ignore.
    •    2nd time it’s a coincidence and you can start paying attention.
    •    3rd time it’s a pattern, and you probably need to take action.

    So, 3 is the magic number that turns an everyday occurrence into pattern, and “3 Reasons Why” is all you need. That’s why we made The 3 Reasons Why Book of Money & Business.

    The Mission
    To do this, we assembled a team of exceptional writers and content creators, asked some very interesting and thought provoking questions, then we sifted through the internet’s oversaturation of information in order to bring you the most concise, factual and interesting 3 Reasons Why.

    Our Team
    Founder Fru Nde teamed up with technology guru Stephen Ngang and award-winning author Ryan Stabile to bring the idea to fruition. After several iterations on the project, 3ReasonsWhy was officially born. 

    Find out more of the 3 reasons behind life’s biggest and littlest mysteries at the world’s largest source for knowledge, www.3ReasonsWhy.com.

    LanguageEnglish
    Publisher3ReasonsWhy
    Release dateFeb 4, 2016
    ISBN9781524226916
    The 3 Reasons Why Book of Money & Business: 3 Reasons Why

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      Book preview

      The 3 Reasons Why Book of Money & Business - 3ReasonsWhy

      Introduction

      The human race and our insatiable pursuit of knowledge is a tale that begins at the dawn of time. For better or for worse, seeking out knowledge is hardwired into the human brain.

      In fact, our quest for knowledge has historically often gotten the human race into trouble from the very beginning. Whether it be partaking in the forbidden fruit or the inquisitive cavemen of the prehistoric period who had to know which dinosaurs were herbivores and which were carnivores through a fatal series of trial and errors, knowing and not know can sometimes mean the difference between life and death.

      Yet, still, the human race persists in knowing things.

      Once our ancestors had their food, shelter and basic survival necessities fulfilled, they had the luxury of kicking back to relax as they ponder the mysteries of the universe.

      The human race’s biggest nemesis on their quest for knowledge has always been that daunting three letter word: why?

      Everywhere you look, there is a potential why?. While it would be difficult to go through life and ponder why? at every turn, sometimes you need to just kick back, relax and ask yourself all of those little questions. Only by asking the questions will you find the reasons for why?. Those reasons are the only way that the human race can grow, learn and evolve beyond a prehistoric caveman. Because the more you know, the more you grow.

      At 3RW, we believe that there are no stupid questions, only superfluous answers. A thirst for knowledge should not be oversaturated, like the constant barrage of information on the internet, or teased with just a few droplets of wisdom that only serve to intensify your thirst. 3 reasons are all you need to answer any why? and The 3 Reasons Why Book of Money & Business is your secret weapon in the fight against why?.

      Find out more of the 3 reasons behind life’s biggest and littlest mysteries at the world’s largest source for knowledge, www.3ReasonsWhy.com.

      Money

      3 Reasons Why Warren Buffet is so rich

      Warren Buffet, CEO and largest stakeholder in Berkshire Hathaway is a philanthropist and entrepreneur. In 2008 he had the honor of being cited as the world’s richest person. That takes some doing!  You would think that someone who had accrued so much wealth would lavish money upon themselves. However, that doesn’t appear to be Warren Buffet’s style. So, just how do you defy global financial crises?

      Here are three reasons why Warren Buffet is so rich.

      Reason 1: He is frugal

      It is a widely accepted fact that money generates money, and that the people who have the biggest bank balances are notoriously careful and thrifty with their cash. They are shrewd. Whereas conversely with very little funds and zero assets often throw their money away on trivial items, Warren Buffet ensures that every cent works hard for him and is accounted for.  He is living proof that you can do good deeds with your money, while still maintaining full fiscal discipline.

      Reason 2: He made smart investments

      It would seem that Buffet wasted no time after leaving school. He made some incredibly smart investments very early in his career, and by the age of twenty had saved almost ten thousand dollars. Given how that was in the 1950’s, that was an incredibly large sum of money for the time and would equate to somewhere in the region of one-hundred thousand dollars in today’s money. He then continued to make investment after investment. Seemingly having the golden touch.

      Reason 3: He took lessons in public speaking

      Buffet appears to have been miles ahead of the game in terms of recognizing the power of public speaking. Very few people would associate mastering this art with wealth creation. However, the confidence that he gained enabled him to successfully eliminate any barriers that he encountered.

      There can be no doubt that Warren Buffet’s life story is incredibly compelling. Anyone determined to accumulate stratospheric levels of wealth would be wise to study this master. 

      3 Reasons Why capitalism has proven to be the most successful economic system

      There are many different kinds of economic systems used around the world today. One of them is capitalism, and it is by far considered the most successful economic system. Capitalism is an economic system being used by various countries across the globe. Adam Smith is the father of capitalism and was responsible for laying down the basic foundations of it in his book titled The Wealth of Nations. Unlike other economic systems, businesses have the upper hand under capitalism.

      Here are the reasons why capitalism has proven to be the most successful economic system.

      Reason 1: Beneficial for economic growth

      Countries need a progressive economy in order to develop and rise to the ranks of the rest of the world. Capitalism is considered very beneficial for economic growth. To start, firms in a capitalist economy will produce in-demand goods and the pressures will lead them to cut costs and at the same time avoid waste. This is highly efficient. Firms and individuals face incentives, which will motivate them to work harder and be more innovative. This results in higher real GDP and eventually provides better standards of living.

      Reason 2: Decreased government interference

      Capitalism is a successful economic system because the government can only interfere and regulate the businesses minimally. This way, capitalism is a major advantage to businesses because they’re not held hostage by the rules of the government. However, there’s monopoly power which means that businesses that privately own a capital will have monopoly of power over products. In such cases, firms can exploit their privilege and charge higher for their products or services.

      Reason 3: Continual improvement

      Capitalism puts businesses in high competition with one another, with the top dog making the most money. This model forces businesses to continually improve their products and services in order to obtain the most customers. May the best business win!

      Capitalism has proven to be the most successful economic system. It is beneficial for economic growth, decreases government interference and forces businesses to continually improve their products and services in order to survive.

      3 Reasons Why Flat taxes for all is not practically feasible

      When people talk about flat taxes they refer to a kind of tax system where everybody pays uniform taxes regardless of their income level. This is contrary to the United States’ present system which follows a progressive tax where people who earn higher income pay higher taxes and those who earn lower income have lower taxes as well. There are many pushing for a flat tax system in the U.S. but it continues to follow the progressive tax system.

      Here are the reasons why flat taxes for all is not practically feasible.

      Reason 1: Unfair to the poor

      If people pay flat taxes, those who earn more and less will be paying the same taxes. For example, if you have low income and you buy the same item as the one who earns more, you’ll be paying the same taxes but in the end you’ll have less money while the one with the higher salary will still have

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