Q19 - What do you feel are the biggest mistakes made by owners new to IDP leagues?
Failing to get a good overview to help orient yourself early on, and to get a sense of what knowledge is most important, best to prioritize, etc.THE MORE YOU LEARN... THE EASIER IT IS TO LEARN MORE!
One of the most important discoveries in the 19th century was the Periodic Table of Elements. It helped to order a bewildering array of facts that were previously disjointed and haphazardly, incoherently organized. It even helped predict the discovery of elements that wouldn't be found until many years later... as well as what structural properties and regularities they would fall into! (insert dork smiley

)...
I couldn't think of a better direction to steer IDP newcomers towards than Norton's classic work on IDP positions (what I like to think of as the IDP equivalent of the Periodic Table). It is a solid foundation you can build on. What may seem initially like being in the wilderness without a compass can become greatly simplified with the proper guide. Like any other skill, IDP is acquired... you need reps. The updated article in the 2006 FBG Strategy Guide magazine can be read in a matter of minutes. Reading it twice is better than once... I think you know where I am going with this... reading it three times is better than twice.
Other mistakes aren't inherent to IDP... some of the usual suspects in dynasty leagues... constructing a team that is too old or too young... double problem of lack of patience causing one to give up on future star too early, or conversely, sentimental attachment to players long after they have lost their value.
Timing can be everything in dynasty IDP leagues.
Complacency is a major problem. Leave some roster spots open so you can work the waiver wire hard, and keep churning prospects before they break out, increasing the chance you discover some diamonds in the rough. Some of these guys can become difference makers on your team and emerge as core players for many years... or you can enjoy the luxury of parlaying a prospect that may have cost nothing or close to at one time into a nice draft pick that can in turn be used on a skill position player that enhances your overall team balance. sweet.
Also, once you learn the rules well enough, you can feel confident in knowing when it is an opportune time to break the rules... ie - knowing exceptions... this imo a real key in the IDP domain, and can confer an invaluable edge.
Failure to dig deep enough. When preparing for free agency acquisition windows and looking at league positional scoring leader standings to identify targets, don't stop at too thin a sample. Broaden the search from 50 or 100 to 200 deep.
Not looking for patterns in the data and signals in the white noise that is the informational maelstrom. Information is not the same thing as knowledge... the latter is higher level and makes sense of the former. FBGs integrated set of tools, articles, team reports/player pages and the message board are a potent combo and give you knowledge. Being jacked in to the FBG matrix, from all over the US including homer insights and regional insider conduits porting to and from every NFL city is like being an organism with over 60,000 eyes (subscribers X 2)... only you get to remain a lot better looking. I'm not positive, but I'm pretty sure being plugged into and part of an aggregated, augmented intelligence amplification network makes you smarter.
But I digressed... break down whole season stats into partial season stats and look for meaningful splits. This offseason, i didn't cherry pick Marquand Manuel's stats (like taking his top four games), but instead looked at his top four games that were consecutive. This fell within time Hamlin was nearly killed and went on IR. When i summed them and multiplied by 4 = close to #1 DB in some of my leagues scoring systems.
Not thinking systematically. Bring different strands of knowledge together. It starts with something like noticing Ronde Barber seems to be in top 10 of DBs a lot, despite playing usually tackle slumming CB position. You also may remember that the scheme he is in, TB Cover Two leads to boosted CB tackles as it is a zone based defense. Sitting down in the zone simply keeps them closer to the RB than the safeties. MIN and BUF are switching to Cover Two. Antoine Winfield and Nate Clement were already among the most talented CBs in the NFL and now could become absolute monsters. Once you reach a critical mass of knowledge, these thoughts begin to spark off of each other and have an almost kind of inevitability. Where before different types of knowledge may have been in isolation and not obviously related, underneath the surface of your thinking and behind the scenes, extracted principles and other thought bridges begin to span across these gaps and connect up almost automatically.
LOOK at rookie prospects. Get a highlight video. Defense isn't always as well covered in the media, so it may be your best chance to see them. I find seeing prospects with your own eyes is essential to get a sense of how to weight multiple, sometimes conflicting scouting reports on players.