Using 1 Motor to run 2 Mechanisms

You’ll have to use some form of motor sharing, look at some of these links:

Ratchets:
Our experience with Ratchet Mechanisms in Change Up (62X)
VEX Ratchet Tutorial
315G Ratchets Explained (6 motor drive, 2 motors for everything else)
Smallest vex ratchet

Differentials:
Vex Differentials Explained
Differential transmission - power takeoff from the drivetrain motors
Differentials —“Some help from my fellow SCA member”
Differential Concept
Please share some examples to understand Differential & Bevel Gear Pack use case for vexiq

While most of these are for VRC, many of them should apply for IQ.