BRRRR, cold one this morning...since my Tauntaun decided to crap out on me, I guess it's time to write an entry and throw this notion of the law of accelerating returns out there. In the world of AI (artificial intelligence) this is pretty hot topic right now, and if you're a bigger dork than I am, you'll def wanna spend the next 8 hours reading how one day your Garmin will race your bike for you, all you'll have to do is holler and drink beer. For the sake of time, try to get on point. We keep pushing our sponsors to help us bring you a race that's worthy of your time and commitment to the sport. And, in doing so, we've double-checked our calculations when considering bumping your payouts and distributing awesome swag. Proof is in the ipa... or something like that. Looking back at the inaugural 2005 Cedar Hill Crit, it was a sheer miracle we promoted a bicycle race. For all our efforts, the lack of any significant social media (Facebook was <1yr old and there was no such thing as tweeting)....for all intents and purposes, we were better off getting folks to our race if we went to your race and dropped some flyers (which we still do btw lol). In 2005, there were 163 racers, of which 18% (n=9) were ladies who raced (albeit those ladies were and still are, BADASS).....cool...initially we din't intend for this to be a women's specific entry, but hell, let's go that way, 'cause we do love our ladies that race, and want you ladies to bring your best game when you come here and pin a number on. Let's take a little deeper run down the history and data rabbit hole:
The Payouts? 2005 - We'll get to that in a moment. 2013 - P123, $400 5-deep. Solid. In 2013, we actually ran a higher payout for the Women's 123 race than for the Men's 123 (totally true - click thru for the proof!) and was only in the last hours that this one dude said, "okay okay, let's pay the dudes too"...he of House of Tree-Racing, that dude ;) Otherwise, '13 p/o's would have been heavily lopsided in favor of the ladies. 2014 - P123, $1,000 10-deep, +(4) $100 primes. That's more than a healthy bump. Right. Back to 2005. TBH, I have no earthly clue what we provided in 2005...probably something really cool and expensive like tubes, that weren't blown, more likely though, beer, which like gold, never loses its significance in the world of precious commodities. Agreed, our N is a still a little small right now, but we're off to a good start. 3 years. 3 races ('05,'13, '14), and here's what we have. For the ladies payouts, we've progressed from, tubes, to $400, to $1,000. That's about as Law of Accelerating Returns as I can make this. Increasing and exponential growth over time; at this rate, the 2020 race will be $1 meeeeelion dollars. Factor 2015 in and to be much more scientific, what MLP commonly refers to as the Law of Stacking dat Cheddah. For the sake of time and for the woman who likes to bend pedals, chick dudes, and could care less about such things Asimov, but does want a badass competitive race weekend in 2015 that's hard as nails with wide open & safe roads - here's what you need to know:
$1600-10 deep + (4)$100 Primes 1st- $500 + HearingPlanet ear buds ($239 ret. value) + Cedar Hill Growler Trophy 2nd - $250 + OS Nutrition Pack 3rd - $125 4th - $100 + Sufferfest training video 5th - $85 6th - $80 7th - $75 8th - $55 9th - $45 10th -$35 Elite Cat 2 1st finisher - $150 bonus + Growler + OS Nutrition Pack Elite Cat 3 1st finisher $100 bonus +Growler + OS Nutrition Pack Additionally, all winners will receive flowers and this fine trophy as they step on the top step for our formal podium announcements. Trophies are filled with special love from our awesome beer sponsors at Nashville's own, Little Harpeth Brewing. Please share this with your friends that race, or are interested in racing, we also have a free Intro. to Bike Racing clinic and free 2-lap beginner's race. If you made it this far, we commend you. You obviously have too much free time on your hands, so, get to training, you got a race to win!
3 Comments
SS
2/23/2015 10:49:42 pm
Keep on trucking. If n=9 in 2005, then 6% (not 18%), right?
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MLP
3/16/2015 12:04:45 am
it's appears that we may have had our rose colored beer goggles on when crunching those numbers...it's also possible that we just suck at math. A quick review, you are correct, ~5.5%. ipe! We have corrected this gross error and promise never to imbibe on Monday mornings again! Thanks for reading. See you at the races!
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5/29/2016 06:24:54 am
Nice blog and absolutely outstanding. You can do something much better but i still say this perfect.Keep trying for the best.
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Hattie B's RacingWe take pride in promoting a good times bike race within our communities, it's good for the hood and, oh, after we drop the hammer on you, we'll drink all your beer. Archives
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