Quinton Wiebe

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on January 07, 2020

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Venture Concept No. 1 - Gravity Storage Solutions

Opportunity In an age where solar power has become more affordable and efficient than ever before, the move to solar has become a popular choice for homeowners and commercial businesses. However, solar has one fatal flaw. The panels operate at peak power for only around five hours per day. Thus, the panels must be paired with a means of storing energy during those five critical hours for use in the remaining nineteen. Some customers have decided to bypass this by connecting their solar systems directly to the grid using a method called net-metering . However, in the case of a power outage, such net-metering systems are rendered useless when the power company cuts off all power in order to prevent unanticipated surges or shorts. Those who decide to avoid this issue and install a battery backup face an expense which increases their initial solar investment by 50-100%, potentially doubling the time it takes for them to regain the principal on their i...

Daily Thought 34 - Just Whelmed

Typically, making a decision doesn’t require much effort on my part. However, most decisions hold only minor consequence, or have a short time-horizon; their impact only extends a few hours, days, weeks, or, on a rare occasion, months. The limited consequences brings a peace of mind knowing even a “wrong” decision won’t detrimentally impede my life or that of those around me. But, when it comes to the bigger decisions, the ones with high financial, time, or effort costs and consequences or results measured in months, years, and decades, making one becomes exponentially harder to the nth degree. It might have been Charlie Munger who explained why the C student more often becomes the Chief of a venture than the A student: the latter has a historically driven need to be right, to pick the right answers, say the right things, please the right people, and make the right decisions. Meanwhile, the former has no such pressure and are more free to experiment without...

Daily Thought 36 - IDK

I don’t know what to write about today. Life is interesting, but not all of it is meant to be shared online. The greatest experiences, most fulfillment, highest rewards come from places without screens, digital technology, and rampant distraction. A special meal. Time with a friend. Connection inexplicable save categorization as a “feeling”.

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