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Chutney Hustler
University of Caille Gallente Federation
0
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Posted - 2012.05.30 06:19:00 -
[1] - Quote
I recently did an audit of all my assets and placed my net worth, at a conservative estimate, at around 46bn.
However, in my 6 years of eve I have had to work for every 0.01 ISK, and have never been involved in industry or research, so this wealth has been amassed the hard way.
But I don't want to ever grind again. Essentially, I want to know what you, the denizens of Science and Industry, would do with 46bn to turn it into 100bn.
Chutney. |
Riyal
Chode Extravaganza
36
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Posted - 2012.05.30 08:22:00 -
[2] - Quote
I'd use it to build stuff, making sure there was a profit between the market sell value of the materials vs the finished article. |
clixor
Celluloid Gurus
26
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Posted - 2012.05.30 10:08:00 -
[3] - Quote
Chutney Hustler wrote:I recently did an audit of all my assets and placed my net worth, at a conservative estimate, at around 46bn.
However, in my 6 years of eve I have had to work for every 0.01 ISK, and have never been involved in industry or research, so this wealth has been amassed the hard way.
But I don't want to ever grind again. Essentially, I want to know what you, the denizens of Science and Industry, would do with 46bn to turn it into 100bn.
Chutney.
In the end S&I is just as much about grinding as everything else. The only difference it's on your terms. Setting up jobs is tedious and with the UI it's just a clickfest. Until i can set multiple jobs at the same time i consider myself retired from S&I.
That said. There are advantages in having a large base capital. You can buy in bulk, invent/produce high-end T2 items that only need to be setup once per 2 days or so. This all saves time and as a bonus you get a nice profit margin.
So yes, you can turn that 46b into 100b fairly quickly, how quickly depends on your effort. For T2 you would need mulitple chars though.
(or you could get into cap production, which, aside from hoarding stuff, requires little amount of mousemagic, but has disadvantages obviously). |
shar'ra matcevsovski
Hedion University Amarr Empire
43
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Posted - 2012.05.30 12:07:00 -
[4] - Quote
like clixor said, S&I is about as much "clicking-work" as PVE grinding is, with the diffrence that you dont have to wait for a cple hours after you killed 11 rats but can bind in more chars.
Quote:So yes, you can turn that 46b into 100b fairly quickly
well, if it would be that easy to be that successfull nobody would kill rats anymore. im afraid if your just starting doing Inventions/Industry, it`ll take quite a while till you reach that goal unless you want to go full unemployment mode with 15 acc. farm or more. |
Pinstar Colton
Sweet Asteroid Acres
100
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Posted - 2012.05.30 12:17:00 -
[5] - Quote
The benefit to S&I is that it is a thinking person's game. To be exact, the more thinking you do, the more you get out of it.
Market research is key, both for whatever end product you have in mind, but also the raw materials that go into that. Organizing logistics to manufacture things with a minimal amount of hauling. Knowing when to produce what, and when to hoard to cash in on a potential market swing.
While yes, the act of installing S&I jobs is a bit of a click fest, the decisions behind which BPO to install and how many to produce when is a lot more involved than deciding which rat to shoot first. I don't make minerals. I just make ore 20% cooler. |
Rengerel en Distel
Amarr Science and Industry
105
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Posted - 2012.05.30 15:06:00 -
[6] - Quote
liquidate all your assests, buy 92 plex and take the next 8 years building it back up. repeat.
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Vientes Fenerre
Rokh Industries
1
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Posted - 2012.05.30 15:47:00 -
[7] - Quote
Either what's been said before, or liquidate assets and go for market manipulation.
And if everything else fails there is this cool guy in Jita local, doubling your ISK |
Alberik
Eusebius Corporation
7
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Posted - 2012.05.30 17:13:00 -
[8] - Quote
take a look here http://www.eve-market-guide.com/
you will notice soon, that much of the science&invention gain isnt really from the invention itself but from trade margins wich transfer to the finished product.
one of the easiest products is ammunition as most will sell pretty fast with about 50% profit and is easy to produce. drawback is the long buildtime so its hard to get over 300m/month with a 10slot-char. even with 3 chars/account you wont do more than 1b isk.
modules and ships have a wider range in profit, some small, some giantic .. but dont sell as easy as ammo.
finally nobody will tell you their "best" product, cause other seller going into their markets will reduce profit, so its all about finding you own way. |
Skorpynekomimi
205
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Posted - 2012.05.31 07:44:00 -
[9] - Quote
- Buy BPOs, a PoS, and fuel blocks. - Research BPOs. - Buy minerals. - Make things that sell at above the amount you bought the minerals for.
How do you decide? SPREADSHEET IT THE **** OUT. Plug numbers from researched BPOs into the sheet. Plug in your mineral supplies. Do some basic functions, add some more advanced ones to save time. Compare. |
clixor
Celluloid Gurus
26
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Posted - 2012.05.31 10:20:00 -
[10] - Quote
shar'ra matcevsovski wrote:like clixor said, S&I is about as much "clicking-work" as PVE grinding is, with the diffrence that you dont have to wait for a cple hours after you killed 11 rats but can bind in more chars. Quote:So yes, you can turn that 46b into 100b fairly quickly well, if it would be that easy to be that successfull nobody would kill rats anymore. im afraid if your just starting doing Inventions/Industry, it`ll take quite a while till you reach that goal unless you want to go full unemployment mode with 15 acc. farm or more.
Ok. granted, unemployed :)
My goal was to reach a 1b profit/day and i reached that goal with 3-5 chars (excluding trade chars setup in all hubs).
2 main inventor chars 2 char making T2 components 1 primary T2 hi-end ship building char (that was my self-imposed limit).
I must say the margins for black ops etc. were a little higher last year though (or a lot actually).
The most time went into reseaching, creating spreadsheets etc, and that was the most fun part for me, but after that it was only setting up the jobs, and adjusting the market orders. Hauling could be done through 3rd party services. After reaching maximum efficiency i guess i spent about an hour a day.
My point, if you got the base capital and all the pre-reqs (chars with skills), it doesnt matter if you make ammo, or JF's. As soon as you have the capital you should move up in the production chain (if isk/effort is important for you). |
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Gibbo3771
AQUILA INC Verge of Collapse
106
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Posted - 2012.05.31 11:10:00 -
[11] - Quote
buy x8 5mil sp tengu characters.
Bot in Russian space like everyone else. Everytime you dont like my comments/posts the terrorists win and your a disgrace to your country. |
Beckie DeLey
Garoun Investment Bank Gallente Federation
61
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Posted - 2012.05.31 13:03:00 -
[12] - Quote
Rengerel en Distel wrote:liquidate all your assests, buy 92 plex and take the next 8 years building it back up. repeat.
/mind blown
That's actually fantastic advice. It's The Legendary Extraordinary Me |
Tialos
ANUBIS military-industrial complex
0
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Posted - 2012.06.28 17:07:00 -
[13] - Quote
Thank you all for SUFFERING your never-ending grinds & spreadsheets to make things that I use to HAVE FUN punching holes through other things that you make! Thanks a lot guys, EVE wouldn't be EVE without you |
Styth spiting
Ion Corp. NightSong Directorate
31
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Posted - 2012.06.29 09:09:00 -
[14] - Quote
Chutney Hustler wrote:I recently did an audit of all my assets and placed my net worth, at a conservative estimate, at around 46bn.
However, in my 6 years of eve I have had to work for every 0.01 ISK, and have never been involved in industry or research, so this wealth has been amassed the hard way.
But I don't want to ever grind again. Essentially, I want to know what you, the denizens of Science and Industry, would do with 46bn to turn it into 100bn.
Chutney. Ironically industry is the hard way (but much safer) to make isk in this game. When you compare all the research, planning, knowledge, time invoked with spreadsheets, market trends, buy/sell orders, managing alts research, etc.
Ask yourself if you would rather spend a few hours a day doing market research and checking 1000+ buy/sell orders and flying around setting up research slots for BPO/BPC's or if you would rather fly around pew pewing things.
Indy is much harder and time consuming then PVP, but its much safer, meaning instead of blowing all your isk on replacement items you're constantly investing that money. and instead of flying around and blowing stuff up your making spread sheets and looking at margins. It's really you need to decide if you want to be a bookkeeper or fly a jet. |
BobFenner
Black Hole Runners
9
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Posted - 2012.06.29 11:47:00 -
[15] - Quote
Tialos wrote:Thank you all for SUFFERING your never-ending grinds & spreadsheets to make things that I use to HAVE FUN punching holes through other things that you make! Thanks a lot guys, EVE wouldn't be EVE without you
This guy has it right on the money for me. I tried getting into Invention but simply don't have the patience or the maffs skillz to actually make a profit.
Thanks from all us pvp'ers for the wonderful work you do keeping us supplied with shinies..... My missus thinks of EvE as 'the other woman'. :) |
Natsett Amuinn
GoonWaffe Goonswarm Federation
168
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Posted - 2012.06.30 23:41:00 -
[16] - Quote
Skorpynekomimi wrote: How do you decide? SPREADSHEET IT THE **** OUT.
I never use a spreadsheet. Probably just becuase I don't know how, and the few times I seriously considered taking the time to teach myself, I fell asleep.
I usually just look at what it takes to make the item, do some simple math in my head, look at how many people are selling said item, how much of said item gets sold, then I close my eyes and watch things move around in the dark. After about 30 seconds a decision has been made.
I went into null space with 10m ISK, a few months later I had a little over 1B in sale orders on the market, another half billion in buy orders, control of every item I produce, and I'm constantly expanding.
If I had 46b, I'd use it to fund whatever it is that I enjoy doing in EVE. |
Gorinia Sanford
Sons of Russ
20
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Posted - 2012.07.02 05:34:00 -
[17] - Quote
Chutney Hustler wrote:I recently did an audit of all my assets and placed my net worth, at a conservative estimate, at around 46bn.
However, in my 6 years of eve I have had to work for every 0.01 ISK, and have never been involved in industry or research, so this wealth has been amassed the hard way.
But I don't want to ever grind again. Essentially, I want to know what you, the denizens of Science and Industry, would do with 46bn to turn it into 100bn.
Chutney.
Good Lord, to have that kind of capital.
Well, there is mining. You can build up your skills to eventually fly a Hulk (assuming this isn't the grind you're talking about). Manufacturing. Or, if you've done a lot of missions and have a place where you can refine with zero tax, buying up the raw ore, refining it and then turning around to sell the refined product is also productive. And then there's trading.
Bear in mind I'm also fairly new to this game, those are things I've learned that can make you money. I'm still pondering a path while I'm mining, looking into various other professions I haven't chosen yet. |
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