Bobb Bobbington
The Cult of the Rare Pepes No Training Wheels
195
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Posted - 2016.03.04 21:05:22 -
[1] - Quote
Background So, what I do for isk is I bring items out to lowsec and nullsec, and sell them at markup. Nothing unheard of there. I started about 2-3 months ago probably, in a nullsec station, and made something like 2 billion isk profit in a month and a week with about a 5b investment, I donGÇÖt really remember how much I started with. After that I put the project on the back burner for a month or so, and sometime during that used skill injectors to gain some more capital. I expanded into faction items to the station before I stopped and they were selling well.
Now, about a little more than a week ago, I set my sights on another station, this time one in lowsec which had less overall population but absolutely nothing on market. When they came in I put them at less markup than at null, because otherwise people could just go to highsec. IGÇÖve made about 245m from that station in 7 days, less than my nullsec station when I was stocking it but IGÇÖm hoping profits will increase as people realize thereGÇÖs a market there.
ThereGÇÖs one problem however, being that there are precious few hulls on market, besides from the faction frigates and a couple svipuls I brought in. So, I bought all the important ship hull BPOs up to cruisers, shipped them out with the items, training refining skills right now, and have bought a fair amount of compressed minerals to be shipped out soon. IGÇÖll only build frigate and destroyer hulls until I can get my refining skills up, however, IGÇÖve run into a road block.
IGÇÖve overexpanded. Although the lowsec station is going okay, I donGÇÖt have enough isk currently to make it profitable to send a shipment of items out to the nullsec station, which has run out of the most popular stock and only slowly selling less popular items now. Which leads me toGǪ
What the isk will be used for I will use this loan not to expand the station I am now just stocking, but as a way to maintain momentum with the nullsec station. Since it usually costs about 150m per public courier trip, I like to wait until I have at 2.5-3b before sending items out to decrease the overall cost of shipping items. However, itGÇÖll be a while before I can build up to that amount again, hence the reason for the loan. I will buy items that have proven to be profitable, and probably wonGÇÖt explore any more items for the time being. By the end of the month IGÇÖll have made enough isk not to need the loan to maintain momentum.
Plan 1. After I receive the isk, I will use all of it to purchase a load of items, and then ship them out to the nullsec station. 2. Put up the orders, wait. 3. Around the end of week two, basically when I get the isk to make it worth it, I will purchase another load and send it out to the nullsec station. I may also send a load out to the lowsec one if I have the capital. 4. After those shipments I will cease shipping items out, and will begin hoarding isk for when I have to repay this loan 5. Once IGÇÖve gathered up 2.24b isk, IGÇÖll set that aside and then resume normal operations. 6. Repay loan on time.
Risks 1. If the nullsec alliance staging from the system in null IGÇÖm stocking moves away. This problem can be easily solved, the station is NPC, so I can simply contract a JF service to bring the items back to Jita and sell them, albeit at a loss. 2. The lowsec system is taken over (itGÇÖs FW). I can either sell to the enemy, possibly at a larger markup, something which I personally have no objection to, or if I have to, drop corp for a day and have a public courier take it to Jita. 3. I make a market mistake and lose large amounts of isk. If that happens I will sell assets on my pvp character, this character.
There are no risks of losing a hauler, all shipping is done with public courier contracts with 115% collateralization. I use jump clones to go between Jita and where IGÇÖm selling usually.
Evidence for what IGÇÖve written I realize that two billion uncollateralized is a lot to ask for, hence this long ass thing. Anyway, I donGÇÖt want to share where IGÇÖm selling to all of my competitors, so I wonGÇÖt be making a public api, however, if one or two trusted people wanted to, I would give them a complete api on the condition that they verify my statements and post below that what IGÇÖm saying is true.
TL;DR I need the 2b isk to maintain momentum in stocking a nullsec station after expanding too quickly into another station in lowsec. I wonGÇÖt provide a public API so that competitors donGÇÖt swarm the markets, however if one or two trusted people want to I can provide full APIs if they agree to post that my statements above are true. I am actively minimizing risk by using only public courier contracts and making sure I can get the items out. The first month and a week I made about 2 billion isk from about 5b, so IGÇÖm hoping to see probably 3b a month once I get everything set.
This is a signature.
It has a 25m signature.
No it's not a cosmic signature.
Probably.
Btw my corp's recruiting.
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