Show Me The Incentives And I Will Show You The Outcome
How @CharlieMungerQuotes gained 50,000 followers in nine months
Dear CMQ Investors,
Many of you discovered CMQ Investing through our Instagram page @CharlieMungerQuotes. Yesterday, our account hit the 50,000 follower milestone.
The very first quote I published was, “show me the incentives and I will show you the outcome.” I wrote it in the Notes app on my iPhone and took a screenshot.
👇 I want you to see what incentives led to this outcome.
The outcome: 50,000 followers in nine months.
The incentives: This is what I wrote in a Pages document in April 2020:
🔑 Doing things for the right reasons produces better outcomes
Dedicating time to @CharlieMungerQuotes in 2020 created a feedback loop that led me to launch CMQ Investing. And the feedback loop from CMQ Investing has motivated me to dedicate even more time to creating value here through our podcast and newsletter content.
Here are some of the most popular posts, if you missed them:
Podcast: Incentives Are Superpowers
Podcast: Compounding Your Way To Wealth
Quote Explanation: The Mathematical Advantages of Doing Nothing
Book Notes: The Warren Buffett Portfolio by Robert G. Hagstrom
💎 More value is coming in 2021
CMQ Investing will continue growing in 2021. I will eventually share the incentives that are motivating that, too. But in the meantime, I need to get back to writing and recording podcasts for you.
And of course, you can expect daily Charlie Munger quotes on @CharlieMungerQuotes.
Wishing you and your family the best in 2021.
Sincerely,
Chris (@ChrisFranco)