If i want to trade in Jita, is it more important to have high caldari navy standings or high caldari faction? On one toon i have both but he has high amarr standings but no emperor family for amarr hub- do i need to grind emperor family or is it unnecessary?between my two toons i have over 5 standings for all 4 factions if i want to do interhub trading

There's no profit in manufacturing or invention... well there is a little bit, but it's just not worth the time/effort (+blueprint investment) imo. Too much competition. I tried it for a year or so, but I make more money in a month by just ratting casually.

it's just not worth the time/effort (+blueprint investment) imo. Too much competition. I tried it for a year or so, but I make more money in a month by just ratting casually.

i make a billion per week.

Thanks for the replies so far

I have IPH and there still seems to be some decent profits around in T2 manufacturing and I have had some recent success with a few invention runs that I have tried for the first time so I will give it a try. I actually enjoy this side of the game so as long as it makes some money then it is fine by me. I got quite lucky on the last invention run and if the numbers from IPH stack up, it should be a 200m profit from selling the manufactured t2 components over the cost of the raw materials of 1b. that seems ok to me. i have a full set of t2 component bpos for all 4 races all fully researched already.

I need to read Sabriz' previous posts again about using decryptors to see how best i can use them too to boost my profits.

for me it is all about taking small steps to improve the efficiency of what i am doing and being able to correctly track what i have been doing to try and keep on top of it all.

How do manufacturers keep track of what they are doing? trading profit is easy - price sold - price paid - taxes = profit but manufacturing seems to have more to keep on top of- invention costs/ success raw material costs, transport costs, build costs, taxes etc

How much of that is production profit (the difference between sell order price of goods and sell order price of components you buy for them), how much is harvesting profit (the sell order price of goods you harvest yourself and use as components in production), and how much is trade profit (the difference between sell order price of your product and other materials you consume, and what you actually pay for them)?

i make a billion per week.

it's really hard to put a number on that.

sending a freighter on its way takes 20 seconds, but the freighter needs an hour to reach its destination. does that count as an hour spend? or as 20 seconds?

i update my orders during class or at work and whenever i have 10 minutes to fire up my laptop, or even during a fleetop when we are waiting for things to happen.

i rarely have the time to spend a few hours on an eve session and vastly prefer some pewpew in that time, so i make my money via industry and trading

5-6 hours of actual "work" spread over a week doesn't sound far from the truth though, with work being looking through various tools to find profitable things, setting up market orders, sending freighters on their way and updating market orders.

but keep in mind that ratting and industry are two very different things that can not be compared in the way ratting and missions can be compared

it's really hard to put a number on that.

sending a freighter on its way takes 20 seconds, but the freighter needs an hour to reach its destination. does that count as an hour spend? or as 20 seconds?

i personally can't really compare them. ratting is not an option. it constantly needs at least some sort of attention. i can't do that during class and i can't do it at work.

You shouldn't spend hour long freighter trips afk either though... so I'm not sure what your point is :) How are you not dying to suicide ganks all the time? :p

i make a billion per week.

I'm a python developer in my day-job and make my own tools - basically I read the eve api and plug it into google charts so I can look at pie charts and line graphs.

i took classes in SQL and SAS myself, good for EVE as well as being a job skill.

if you can use SQL, you can grab raw data and process it. the dumps on eve-central are CSV format, and several GB in size, so you need to adjust settings to handle large files. then you need to translate the codes for items and places, and add labels so you can use it. you need to use MIN and MAX functions as well, because it will show a large number of orders with varying prices for both buy and sell. i used this data to look at ore and mineral prices, which shows more if its profitable to buy ore and refine, or just get minerals.

SAS tends to be more user friendly, but i only have student access from the classes i took. its very useful, and can also use SQL code if needed.

the big thing for making a profit is understanding your margins and ROI. those BPO have a cost, and you need to consider the time it takes to manufacture enough units to pay for the BPOs investment cost.

i find i make a fair amount of isk just buying and refining ore, and selling minerals. while some ores lose isk, the spreadsheets let me avoid those and focus on good profit margin ores. i never need to mine (mining is for when your bored and want to undock), but i do need to haul ore between stations on occasion if i use a buy order with a range of several systems, as some stations will not have refining, or may have a lower 30% refine base.

just keep in mind how much you need, and plan ahead to stockpile in advance of production needs. even with refining, you will need to buy some minerals to cover supply shortages, the ratios of minerals will never line up exactly.

There's no profit in manufacturing or invention... well there is a little bit, but it's just not worth the time/effort (+blueprint investment) imo. Too much competition. I tried it for a year or so, but I make more money in a month by just ratting casually.

I'm at 2B per month on about 20 minutes per day building only T1.