A simple, experimental motor such as this is not capable of making much power. We can increase the turning force (or torque) that the motor can create in three ways: either we can have a more powerful permanent magnet, or we can increase the electric current flowing through the wire, or we can make the coil so it has many "turns" (loops) of very thin wire instead of one "turn" of thick wire. In practice, a motor also has the permanent magnet curved in a circular shape so it almost touches the coil of wire that rotates inside it. The closer together the magnet and the coil, the greater the force the motor can produce.
The power of simple is manifested in that others were able to build from the foundation Einstein identified and defined. They were able to accomplish things they most likely could not have otherwise. We also have experienced this phenomenon. Consider Ohm law. Georg Ohm did the hard work and broke down the complex to a simple law. We use the principles contained in that law as a starting point to understand the complexities of electricity and circuit dynamics.
Occasionally, a technician or service person will ask me, "why not just increase the output by increasing the voltage (the current flow) to the motor?" While that may seem logical, increasing the voltage (in effect, creating an overvoltage situation) will not necessarily boost the output of the device. To understand why, you need to become familiar with a physical characteristic called "hysteresis loss."
Wiring diagrams happen to be a perfect vehicle for carrying the principles of technicians beyond nuts & bolts. First, the simple act of color-coding helps to bring out the true wealth of your knowledge and is an excellent step in diagram analysis. Beyond that, it is an amazing tool for developing the awareness needed to get on the road to becoming an expert learner.