by Chris Billowsin Mental Mischief0 comments
Ideas are important and so is execution to implement those ideas. They go hand in hand. But how do you decide if an idea is worth pursuing? I did a bit of research of how to vet out business ideas. One system of vetting that I came across was from the Fizzle podcast: Corbett’s Vetting List Demand — is it something people want? Competition — who else is doing it? Are they successful? Care — how much personal interest do you have in this topic? Expertise — how much do you know about this topic? Specificity — how broad or narrow will your lens on this topic be? Differentiation — how will you differentiate yourself from others in this market? Likability of Customers — do you like them now? Will you like them later? Can/Will They Pay — do they have moneys and will they share those moneys with you to solve this problem you’re helping them with? Lifestyle — if this became successful, what would your life look like? Would this be a 200 person company? A single laptop on a beach? Does that fit with your personal goals? That is a great list! But since I […]
by Chris Billowsin Mental Mischief0 comments
I really appreciated this post by Derek Sivers. Being the type of person who has lots of imagination and ideas, I can fall into the trap of thinking that ideas are worth something. To me, ideas are worth nothing unless executed. They are just a multiplier. Execution is worth millions. Explanation: AWFUL IDEA = -1 WEAK IDEA = 1 SO-SO IDEA = 5 GOOD IDEA = 10 GREAT IDEA = 15 BRILLIANT IDEA = 20 ——– ——— NO EXECUTION = $1 WEAK EXECUTION = $1000 SO-SO EXECUTION = $10,000 GOOD EXECUTION = $100,000 GREAT EXECUTION = $1,000,000 BRILLIANT EXECUTION = $10,000,000 To make a business, you need to multiply the two. The most brilliant idea, with no execution, is worth $20. The most brilliant idea takes great execution to be worth $20,000,000. That’s why I don’t want to hear people’s ideas. I’m not interested until I see their execution. This makes sense to me but I would argue that idea must have some kind of power of attraction. Otherwise, you lose your energy to persist and it falls apart. Execution will not happen unless the idea can hold our attention. I highly doubt a weak idea being perfectly […]
by Chris Billowsin Jets Flight Control0 commentstags: Atlanta Thrashers Relocation, Jets Draft, Jets Improvement
We are hours away from the Winnipeg Jets sixth season and its a time of new beginnings. It is also a time to recount what’s been accomplished since the Winnipeg Jets have establishing their own non-Atlanta Thrashers identity in the past five years. One word can summarize these years: Mediocrity. A mediocrity that was inherited from the Atlanta Thrashers, who were a poorly run team that struggled to be competitive. The Jets too have not been competitive but we can fairly blame the Thrashers for this. Below is an explanation how the Winnipeg Jets are still paying a debt of mediocrity because the Thrashers were inept in drafting. To start here is a season-by-season summary of the Atlanta Thrashers last five seasons before moving: Season Conference Division Regular season Postseason Finish GP W L OTL Pts GF GA GP W L GF GA Result 2006–07 Eastern Southeast 1st 82 43 28 11 97 246 245 4 0 4 6 17 Lost in Conference Quarterfinals vs. New York Rangers, 0–4 2007–08 Eastern Southeast 4th 82 34 40 8 76 216 272 — — — — — Did not qualify 2008–09 Eastern Southeast 4th 82 35 41 6 76 257 280 — […]
by Chris Billowsin Jets Flight Control0 commentstags: Jets Farm Team, Jets Improvement
NHL training camps have opened and not all of the players will get an NHL job. Not all of the players will get an AHL job either. This leaves the 3rd tier of professional hockey known as the ECHL. In my previous article on Parent and Farm Team collective performance I noted that the Jets do not play very many players at the ECHL level. Typically NHL teams use the ECHL as a place for depth goalies and defencemen to get ice time if they can’t crack the AHL lineup. The Winnipeg Jets and their AHL Farm Teams (the Ice Caps and the Moose) have used their ECHL level affiliation in that capacity up until recently. In the chart below you see the names and total numbers of players signed to a NHL or AHL contract that were sent to the ECHL affiliate. The Jets barely utilized their Colorado and Ontario affiliates in the first four years. This changes in the 2015-16 with the Tulsa Oilers affiliation. In 2015-16 the Jets sent down 7 different players including 4 forwards, where previously they sent down four players (mostly Goalies and Defencemen) at most. Anecdotal reporting indicates that time spent in the […]
by Chris Billowsin Mental Mischief0 commentstags: Human Condition, Quotations
Fascinating news this week. We have intercepted an alien signal and the speculation is that it is so strong and intentional it is thought to come from a civilization that is more advanced than our own. Not a Drill: SETI Is Investigating a Possible Extraterrestrial Signal From Deep Space “The signal’s strength indicates that if it in fact came from a isotropic beacon, the power source would have to be built by a Kardashev Type II civilization. (The Kardashev scale is used to determine the progress of a civilization’s technological development by measuring how much energy was used to transmit an interstellar message.) An ‘Isotropic’ beacon means a communication source emitting a signal with equal power in all directions while promoting signal strength throughout travel.” The news is remarkable, but just as remarkable is that somebody has created a civilization scale that borders on the absolute fantastic. The Kardashev Scale says that we are possibly receiving the signal from a civilization that has encased its sun with some kind of material so that no energy escapes the solar system! That is so amazing it sounds like magic, but what is just as astounding is that this level of civilization is […]
by Chris Billowsin Jets Flight Control0 commentstags: Atlanta Thrashers Relocation, Jets Improvement, Minor League Stats
The professional hockey world shifted a bit when Atlanta Thrashers relocated to become the Winnipeg Jets in May 2011. Not only did the NHL get affected, but so did the pro minor league affiliations. Atlanta had existing affiliations with the Chicago Wolves of the AHL and the Gwinnett Glaidiators of the ECHL but because Winnipeg was already operating an AHL franchise, a new affiliation hierarchy had to be formed. The Manitoba Moose franchise was moved to St. John’s (made up of prospects from the Chicago Wolves) and a new ECHL team, the Colorado Eagles was chosen as the ECHL affiliate. The purpose of this post is to track how the three levels of professional hockey affiliation have risen and fallen along side each other to see if there is any pattern. It tracks the 2011 to 2016 seasons. Note that the Winnipeg Jets owned the St-John’s IceCaps and then moved it to Winnipeg as the Manitoba Moose in 2015-16. The AHL team essentially has some continuity (Chicago Wolves to IceCaps to Wolves) while the various ECHL teams do not. So what pattern do we see looking at these three levels? At the ECHL level of the affiliation, the […]
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