A new Industry blog "Manufacturing for Wealth: An EVE Online Industrialist's Log"

We have a new Industrial Blog on the scene, started in June 2025: Manufacturing for Wealth: An EVE Online Industrialist's Log 

The author has been playing eve online for over 5 years as a solo industrialist, took a break for a few months and came back recently.

Started with one account with the 3 characters trained for industry, invention and reactions (30 slots total) + a net wealth of 66 billion isk with 23 billion isk as cash + hangers full of hauling ships + an established PI business in WH generating around 110 millions isk daily (doing P1 only) + a good library of BPOs and reaction formulas.

That PI operation would generate isk of 3.3 billion and therefore would be sufficient to omega the account.

Given the blog has only recently started we can read from the start and quickly catch up with what is being produced and why.

Manufacturing update - June 2025

In the month of June in Manufacturing i made sales of 12 billion isk and profits of 6.3 billion isk.

Which sounds great until i realise that much of the profits have come from a build up stock that has been put on the market to sell.

Hence, the isk on hand in my wallet is 3 billion isk.

I now have 26 billion of Sell Orders spread over Jita, Dodixie and Hek, about 1 billion isk or raw materials waiting to be put into manufacture and 5 billion of raw materials in courier contract.

So, yes, 6.3 billion of profits but it more reflects a scaling up of the business.  Lets see what selling in July from those 26 billion of Sell Orders.

Putting that altogether (numbers in brackets = last month):

Total Manufacturing Wealth = 30.0 billion (23.7)

made up of:

ISK in Wallet = 2.9 billion (17.9)

Raw Materials = 1.2 billion (0.4

Courier Contracts = 5.2 billion (5.3

Sell Orders = 25.9 billion (0)

Provision on Sell Orders = -5.2 billion (0)

Total Profits in June = movement in assets = 6.3 billion (2.7)

The Business Model

In an old account that is now omega'd i have a manufacturing character in Jita and Sales characters in Dodixie and Hek.  My Jita Character also is a Sales character.

In another account in my normal Trading business i have a manufacturing character sitting outside of High Sec in Ardar which is near Hek.

I buy all my raw materials required.

I sell my output either in Jita or courier it to be sold in Dodixie or Hek.

My Manufacturing Strategy

I go for high value items that have little competition and therefore sell slowly but at good margins.  So very similar to my Regional Trading business.

That means i don't produce the same items continuously.

My main headwind to growth is therefore speed of sale which means i am waiting for sales to happen so that i can build up my wallet to start the next high value item to go in a manufacturing slot.

Manufacturing business - May update

May was the first month of my latest venture into manufacturing.

I made sales of 26.2 billion isk, generating item profits of 7.6 billion isk (item profit = sales price less material costs of manufacture) and 2.7 billion isk of operating profits.

My accounts were not in Omega status and therefore Transaction Taxes were 2.0 billion isk, Broker Fees 0.4 billion isk and Manufacturing Fees 2.4 billion is.

The interesting point about the first month is that i made 26bn of sales.  I had expected to make very few sales and end up with a lot of items being put up as Sell Orders and waiting 40-50 days to see the sales start coming in.

Strategy

Already changing but the aim is to stick to high value, low competition, slow moving items.  So very similar to my Trading strategy.

So that's some T2 items and also higher value items that sell slowly.

How will this be additive to my wealth?

There is a good chance that i would be trying to sell the items i manufacture by buying from Sell Orders in Jita anyway.

Hence, there is a good chance that my wealth is merely rising by the difference between the manufacture price and the Jita Sell Order.

In other words, i am capturing more of the margin.

The Numbers for the Accountants

The very simple Balance Sheet and Profit & Loss Account is below.

So i started with 20 billion in cash and just short of 1 billion in spare raw materials.  I ended May with 17.9 billion in cash, about 400 million in raw materials and was couriering 5.3bn of raw materials to a manufacturing site.

The Profit & Loss account is as i discussed at the top of the post.

Manufacturing - taken the plunge

At the start of May, I took the plunge and I started up manufacturing properly.

May Numbers

I made sales of 26 billion isk and profits of 2.7 billion isk.

The Business Model - Revenues

I am going to use manufacturing to generate two types of revenue streams.

Firstly, to use it in the traditional manner of manufacturing an item and then putting it up for sale either in Jita or another of my trade locations directly.

Secondly, I will use it to effectively bring down the in-price of the items that I sell with my traditional trading business. So what I mean by this is it normally I buy from Sell orders in Jita and I courier those items out to all my trade locations and I put up for sale there. In this case of using manufacturing I will be able to get closer to the Buy price in Jita and therefore when I put those items up for sale in my trade locations I will command a greater margin. And therefore the way I will think about this is the difference between my manufacturing price and the Jita Sell order price will be the revenue for manufacturing business and then my trade operations take the usual profit of the difference between the Jita Sell order and what it manages to sell in its trade location.

Business Model - Manufacturing Locations

For now, my manufacturing will be done at a low sec location close to Hek and in Jita.

I have still not really worked out how best to transport high volume raw materials or minerals to my low sec location therefore for now where the item requires high volumes of minerals I will be using Jita until I get my head around all of this.

Business Model - types of item I will manufacture

Therefore the type of item I manufacture will be very similar to the business model are using my trade operations. In other words I will not be manufacturing high volume items. I’ll be manufacturing items that aren’t for sale in my normal trade locations and where the manufacturing price is closer to the buy price at Jita.

In other words high value, low volume, low competition, slow moving items.

Keeping track of profits

Because the vast majority of my profits will be made through my normal trading activities I will need to think of a way of keeping track of my manufacturing profits that doesn’t require me putting in individual items into a spreadsheet.

The way I’ve decided to do this is I will resurrect an old character, in fact my first character called croda as it happens, and I will use that character to purchase all the materials I’ll be using. I’ll leave that character in Alpha at the moment - update, i have now upgraded this to Omega.

This character will then contract all the raw materials free of cost to my Omega characters who are high on manufacturing skills.

Those characters will manufacture the item. it doesn’t matter who manufactures the items, I will capture all the manufacturing costs through the Excel addin.

Once the item is manufactured the finished item will be contracted back to the Alpha account Croda who sell it back to my Omega accounts who can then courier it to the trade location to be sold.

Therefore, using the Excel Aladdin, I can keep a track of all the wrong material costs all the manufacturing costs and all the revenues that the manufacturing generates for me.

. . . . . . now that i have upgraded that account to Omega which also has Trade Characters in Dodixie and Hek, i will be using these characters to sell the items as best i can.

Observations to date

I am just starting up so I have a lot of items I need to manufacture to put up for sale in my normal trade locations.

So you would expect almost all my revenues in manufacturing at this point to be internal sales from my manufacturing operation to my trade operation and therefore effectively you’d expect all my revenues in these initial months to be the difference between the Jita sale price and the Jita purchase price because the manufacturing effectively means I’m bringing these items into my operation at the Jita buy price.

Manufacturing - going for it

Manufacturing experiment so far

I have been trying out manufacturing over the last few months.

The Oz Show interview with Sir SmashAlot really did it for me.

I have put a character in Low-Sec to manufacture.  And i have a character in Jita to manufacture.

I have manufactured items that have sold well and i have manufactured items that have not sold at all.

My main success have come from manufacturing items that are not popular - so i am generally the only seller.

I have not tried reactions.

I have got to understand very quickly that a fair amount of the success in this venture is being able to access cheap materials.

Overall, my profits have been in the billions though my cashflow has been negative so far (i.e. i have increased my wealth but much of it is made up of items still for sale on the market).

Going to make a real effort to make this another revenue stream

Therefore, i have decided to go for it and try and make it work.

. . . . . . from the start of May (i am on holiday for 2 weeks during April so i don't want to try and start something during this time).

And what i want to do is to be able to keep a full track of what i am doing and how i am doing.

To that end, i have decided to resurrect an old account that was one of my first when i stated playing Eve Online.  I know that one of the characters is well trained in the manufacturing skills (with the other 2 characters being fully traded in Trade).

I will station this character in Jita and use this character to buy all the materials and make all Jita sales.  And i will station the other two characters in this account in two stations that i will also sell the manufactured items from - likely Dodixie and Amarr.

I will likely use existing characters to manufacture in Low Sec (and Jita) but all buying and selling will be done by this old account.

This will allow me to keep a proper set of accounts and so determine the wealth generated or not.

It will cost me an Omega each month - so that is the near term target to recover.

The strategy

I have not decided if i want to start with zero ISK like Stranathor did in this blog I wanna be a Trillionaire, so frickin' bad... when he started Industry or just finance it from my existing isk.

I like the idea of starting from zero isk - that will keep it interesting for me and allow me to move along the learning curve.

But, i know there are items i can manufacture for a few billions from time to time that will sell and make me a nice profit.

So, i think i will go for a mix.

How to fit this into my daily routine

The one thing i have found hard is to fit the manufacturing into my daily routine.

Therefore, i am likely to either do manufacturing every other day or every three days.

Manufacturing Taxes / System Index

It is worth having a post on this for those players who don't do manufacturing.

There are four types of "taxes" directly related to Manufacturing: System Index; Facility Tax; SCC surcharge; Alpha Clone Tax.

To put it in context, manufacturing in Jita at the time of writing this post will add 24% to the cost of your item vs somewhere in Low Sec and it will cost only an additional 5% plus the courier fees if you use third party couriers.

Therefore, I will be manufacturing in Low Sec.

System Index

This makes it more expensive to manufacture in a system where there is much manufacturing occurring.

Technically, the System cost index = (Work hours done in system in past 28 days / Work hours done in universe in past 28 days) ^ (1/2)

at the bottom of the post is the Excel Add In formula to use.

In Jita, for example, the current System Index is 20%.  That means that it effectively costs an additional 20% to manufacture an item in Jita.

(technical point, Eve Online uses what is called the "Effective Item Value" to measure the cost of the item being manufactured.  it is this "Effective Item Value" that the System Index is applied to.  The Effective Item Value is a sort of measure of the sum of the cost of the materials used to manufacture the item.

A useful chart that shows how it has changed over time for a given system can be found at Adam4Eve.  This link shows Jita Cost Indexes.

Not really a tax in the true form but in substance it is.

Facility tax

Fixed at 0.25% of Effective Item Value for NPC stations. Set by the owner for player structures.

SCC surcharge

Fixed at 4% of Effective Item Value.

Alpha clone tax

Only applicable to Alpha clones, set to 0.25% of Effective Item Value.

Eve Excel Add In formulas

The Excel Add In to determine the Effective Item Value is 

=SUMPRODUCT(SORT(EVEONLINE.BLUEPRINT(EVEONLINE.INVENTORYSEARCH(B2,1).id).manufacturing.materials).quantity,IFERROR(SORT(EVEONLINE.BLUEPRINT(EVEONLINE.INVENTORYSEARCH(B2,1).id).manufacturing.materials).type.[Adjusted Price],0))

where B2 is the Item name.

The Excel Add In to determine the System Index is

=EVEONLINE.INDUSTRYINDEX(N3).manufacturing

where N3 is the System id.

or if you only have the system name then it is

=EVEONLINE.INDUSTRYINDEX(EVEONLINE.SEARCHSOLARSYSTEM(M3).id).manufacturing

where M3 is the system name

Starting Manufacturing

I am going to retry Manufacturing.

In Eve, manufacturing is the process whereby raw materials are taken and combined to form new items which either are the final end product or components to combine further to make the end product.


There were three drivers of this renewed attempt at going into Manufacturing:

1) A blog i follow I wanna be a Trillionaire, so frickin' bad... recently started manufacturing

2) The Eve Excel Add In makes creating spreadsheets so easy

3) The Oz Show interview with Sir Smashalot (podcast version)which i found to be an eye opener on manufacturing.  It is literally the only podcast i have saved to listen to again and again.

Just experimenting at the moment.  Rigs for now.  Manufacturing a bit in Jita and just trying out a low sec location - which makes serious savings in the Manufacturing taxes.

In the first few days, as i experiment and get used to it all, I have spent 9 billion and made 100 million profits.  Low margins so far but i am not fussed.  This is a learning part for me.

Starting in Manufacturing

I have been trialling manufacturing since July.

Strategy

For now, i am sticking to manufacturing in Jita and selling the manufactured items in Jita.

I focus on items where i can make profits of 25% (i.e. profits divided by sales proceeds).  So, similar to my Trading business i focus on items with little competition - though Jita is still competitive.

For now, i have 15 items up for sale which i have manufactured with an average sales price of 911m isk.

I don't have a smooth production line going - i only produce what i want to sell.  I don't store anything nor to i store materials.

I am more of a scavenger in Jita - i look for items that have a nice margin and where there is very little competition.  As soon as competition moves in then i move out and onto another item.

The Next Steps

I need to prove this can work and, if so, i will start to export the items i manufacture into my other Trade Hubs.  In that way i can greatly enhance my margins.

i.e. if an item is for sale for 750m isk in Jita then i would normally buy from the Jita sell order and put it up for sale in a trade hub for 1bn isk and so aim to make 250m isk profit (=25% margins).  But lets say i can manufacture the item for 650m and if i still sell it for 1bn then my profits are 350m = 35%.  And so in effect i am making my trading margin of 25% and an additional manufacturing margin of 10%.

The Numbers

The Table below shows how i am doing (and includes October to date).

September was the first month i made enough from manufacturing to justify itself (i.e. i could use the profits to Omega an account).

I September i made sales of 19bn isk and so profits of 4.4bn and after all taxes that came to 3.4bn isk. 

October is looking slow and i will have to go some to be able to claim i can use my manufacturing profits to Omega an account.

The Next Steps: Planetary Interaction and Reactions

In my 3 Omega accounts, each has an alt at Jita.  Their primary purpose is to Buy from Jita Sell Orders and have the items couriered to their Trading alts in Dodixie / Amarr, Rens/Hek and Sobaseki / Tash-Murkon Prime.

My Trading ventures, including the alpha accounts, is currently generating profits of 1bn ISK per day after all costs including Plex.

I want to continue to expand my Trading venture across more of High Sec and into Low / Null Sec.

But there is much more to Eve which i want to explore.

To that end: The Jita alts' secondary role is to take up another ISK producing venture.

one Jita alt is now trained up in Production, Research and Reactions.

another Jita alt is trained up in Planetary Interaction.

(the other Jita alt is waiting for the Trading alts to be fully trained in Sobaseki and Tash-Murkon which will take another month).

I had started trying my hand in Manufacturing and that is still on the cards.  Same for Research.  For both i need to rethink my strategy.

In an ideal world i want repeatability with low touch.  Both Manufacturing and Research can give me that, i just need to find the niches were others don't play.  Clearly more work for me to do!

Planetary Interaction and Reactions

In all ventures, the aim is to at least make sure it covers the Plex for the Account with minimal work.

So, for now, i plan on investigating Planetary Interaction and Reactions.

Both will require me to venture into Low Sec and so i am skilling up the Planetary Interaction alt in a Epithal.

Lets see how this goes.

I know Planetary Interaction is going through a tough time . . . . . . . but i just want to give it a good shot.

youtube videos - Eve Online: Building my industrial empire

Eve Online: Building my industrial empire 

I came across this youtube channel "Gaming since the '70s" that has a weekly 10 to 30 minute video by a player who is following his progression from the start titled "Eve Online: Building my industrial empire - EP XX"

Really enjoying it.  Finding it inspiring.  i am listening to each episode from the start in the background and loads of time i find myself stopping what i am doing to listen more carefully.

Easy listening voice he has also.

The background

He is playing Eve for the economy side of it - or at least that is his prime desire.

As i write, he is on episode 51 - so not yet a year in the game but you would not know it.

The player, Thanak, starts with no experience in Eve and decides that Manufacturing is the way forwards.

The weekly video takes us through his mining, processing and missioning at the start to seed his business, and then incursions.  His entanglements with competitors, how he deals with it all and progressing onwards.

. . . . . . and discovers Planetary Interaction, low sec mining along the way.  And a lot more.  Loses ships, gets ganked, fights off pirates, the works.

He discusses what is working and what is not.  and his desire to the the industrial mogul in his part of space.

I am on episode 20

I don't want to spoil it but by episode 20 (week 20) he has set up an industrial corporation, structures and all, in low sec with 35 members and discusses all the politics of operating in low sec and their encounters with pirates who shoot first and ask later.

And is setting up a system to get large scale ship production underway.  Ore buyback programmes are up and running.

It is an all round Eve industry narrative.

And this is all through the eyes of someone who is new to Eve which brings its own excitement that we all had when we started the game and reminded me of the third party tools to use.

Inspiring

Actually, it just reminds me that i am a high sec merchant at best and i really need to branch out to enjoy more of the game.

Update on my Business Activities in Eve

The focus of my business activities in Eve is starting to shift.  Below is a summary of what i am doing.

Worth recalling that the aim of my business activities is to spend no more than 45 minutes a weekday on Eve + each activity must be able to generate at least enough ISK to purchase a Plex a month.



Manufacturing

This is working well.  I make up to 15bn ISK per month for what is half an hours work each evening.

I am slowly expanding the set of items i manufacture to sell.  I make good margins here though they are slow moving (just how i like it).

Currently, i sell in the 4 trade Hubs + 4 other regions, though i may scale back in Jita given it is quite competitive.



Trading

This was where i started but i am now winding it down.  The big constraint i now face is that real life (i.e. work) is taking up more and more of my free time whether it be working at home or business travel.

Part of trading is to constantly review what I am selling and filter out the low margin items and find new high margin items to sell - that needs a degree of focus and travelling on business does detract from that!

Hence, for now i will focus on a few highly valued items (i.e. prices over 500m ISK).



Planetary Interaction

In all i made 1.7bn ISK profit from Planetary Interaction.  Mainly hauling P2 materials to my factory planets and selling the resulting P3 materials produced.  Occasionally I would haul P3 items and sell the resulting P4 items.

I am able to make enough a month to finance a Plex whilst spending very little time on it - which is my aim.

This could be a real ISK maker.  So, once i review the set up i suspect i will keep this going.

The margins are about 20% - so pretty healthy.



Plex Trading

I made about 26m ISK through buying and selling 21 Plex until real life caused me to move on.

At this stage i will leave it on the back burner and see if i can get it to work more efficiently at a later stage.

It is a useful business to park surplus ISK into though the margins are very low (1-3% after all costs).


Mining

It has crossed my mind that i do spend about 3 hours a day working from home in the evening and many hours working at home in the weekend.

Therefore, i have decided to start mining and see if i can get this to operate in the background whilst i work.

I plan to get my two alts in Jita (on different accounts) set up for mining and see what i can make with them both out on the job.

At this stage, i am viewing it as playing Eve in the background and making ISK whilst i do.

Back of the envelope calculations suggest that this should achieve the goal of making a Plex a month.  We will see.

(i have to admit, when i watch the video clips of miners, it does look incredibly relaxing!  Could be tricky to weave into trying to work at home in the evening though).



The results

More of this in another post, but in summary my monthly profits vary from 16bn ISK to literally nil.  16bn if i am not on business travel, nil if i am away at lot!

The chart below shows the monthly profit i make since i started back in May 2013.

It can be seen from the above chart that i was on business travel in last August (2014), November and February (renewed my gold cards at BA and Emirates, so can't complain!).  Otherwise i tend to make about 10bn ISK a month.

It is fair to say that my real life work has somewhat dented my progression.  Given my planned business travel in April it is unlikely that i will make 100bn in the 12 months to the end of May - as the chart below shows.

The chart below shows how my wealth has progressed since i started back in May 2013.  The red line shows the average profit per day i make (i.e. the monthly profit divided by the days in the month).

My ultimate goal is to make enough ISK to buy a Plex a day whilst constraining myself to the 45 minutes per week night.

I suspect this is achievable.

Of course, an underlying goal is to enjoy my time in Eve - which is being met.  So good news there.

Eve Business Blogs - updated

I have updated my page that lists the Eve Business Blogs that i am aware of.  These are blogs that have at least a reasonable element that covers making ISK in Eve Online.

In total, i added 1 new blog - the eve industrialist

If anyone is aware of other Eve business blogs (any blog that has a reasonable element of making ISK in Eve online) then do let me know.

The list is also below (and on my blog roll >>>>):

1	A noob's tale in eve	General Business Blog
2	A Scientist's Life in Eve	Industrial Blog
3	Deep in EVE	General Business Blog
4	Eve Bumbler	General Business Blog
5	Eve Mogul	General Business Blog
6	EVE Plex in 21 Days	Trading Blog
7	EVE Simplified	General Business Blog
8	EVE-fail	Trading & Industry Blog
9	Evehermit	Trading Blog
10	EvePLEX	Trading Blog
11	Foo's Eve Musings	General Business Blog
12	Fuzzwork Enterprises	Industrial Blog
13	Greedy goblin	General Business Blog
14	K162space	Industrial Blog
15	Low Sec Lifestyle	General Business Blog
16	Mabrick's Mumblings	General Business Blog
17	Manufacturing Confusion	Industrial Blog
18	Markets for ISK	General Business Blog
19	Merchant Monarchy	Trading Blog
20	Prosper: An EVE Online Tool Development Blog	Industrial Blog
21	Spaceships & Spreadsheets	General Business Blog
22	The Chronicles	General Business Blog
23	The Eve Industrialist	Industrial Blog
24	The Indecisive Noob	General Business Blog
25	The Lazy Pilot	Industrial Blog
26	tothebreach	General Business Blog
27	Twenty five Tons of Heavy Steel	General Business Blog
28	Vahrokh Vain	General Business Blog
29	Valkrrs Eve Industrial Journal	Industrial Blog
30	Yinmatook's EVE Wanderings	General Business Blog

(For what it is worth, in its day the business blogs on World of Warcraft numbered many more though i notice there are very much fewer in recent times).

June 2014 Update

As i now becoming quite common - I was away from Eve for over half the month again.  However, my wealth increased by 8.7bn ISK to 121.3bn ISK, which is an average of 279m ISK per day.  I had expected nearer 5bn - so not a bad result.

This month my holding in Plex generated 1.9bn of the 8.7bn growth in my wealth.  My Plex holding is 72 Plex worth 54.4bn.

Real life commitments at work has kept February through to June slow -having hoped July would be free i will now be on overseas business trips four times.

During these months i only sold the T1 items i manufacture and only traded other items where i made at least 15m ISK profits and 20% margins.

Going forwards that is changing to focusing solely on the T1 items i manufacture and only selling items that sell for over 100m ISK with 20% margins.

My strategy is to focus on low volume but high margin items that i either manufacture or buy (off sell orders) in Jita to sell in Dodixie / Hek / Rens / Amarr.

I don't have any standings of note - for this trading strategy saving a percent here or there is not key.  To reduce my costs of trading i have trained all my alts that post sell orders to Broker 4 and Accounting 4.

For those able to devote much more time to Eve, one way of reading this blog is to see how little time is required to generate sufficient ISK to plex your own account.

I have 2 accounts with 6 alts in total.

• One one account: I have a trader at Dodixie and a trader at Hek which sell items that have been hauled there from Jita; and I have a manufacturer in the Lonetrek region that sells items in Jita and sends items to the traders in Dodixie, Hek, Amarr and Rens to sell.  This manufacturer also doubles up as my buyer in Jita.

• On the other account: I have an alt that is getting into Planetary Interaction; I have an alt that is skilling up in Invention which currently sits in Amarr to sell the items manufactured by my Lonetrek manufacturer; and i now also have an alt that sits in Rens to also sell the items manufactured by my Lonetrek manufacturer.

All my hauling is done by third parties, namely PushX Industries - the time required to haul items from Jita to my traders in Dodixie and Hek would take up too much time.  Better to let these third parties do the hauling (for a fee, of course) whilst i am offline.  All my hauling is "Rush Jobs" and generally takes no more than 5 hours (often in under an hour) to haul from Jita to my four locations in Dodixie / Hek / Amarr / Rens (which are also the other trade hubs).  On average i pay 25m ISK per haul (so 100m ISK if i want to haul to all 4 trade hubs in one time) but it is well worth it given i can get those items bought in Jita onto the market in the other trade hubs very quickly and the hauling costs make up 1 to 3% of my sales price.  Not much given i aim to make 20% margins before all costs (hauling, broker fees, sales taxes).  I wrote a post on Rush Jobs which details why it is more profitable paying up.

I am now buying 1 Plex a month to finance my two accounts.  So, 750m ISK per month costs going forwards.  I do occasionally benefit from some kind soul upgrading their account having used the link to the right >>>>>>>>>


Plex: As of the end of June i held 72 Plex at a cost of 49.2bn ISK which at 756m per Plex was then worth 54.4bn ISK.  In other words, my holding in Plex has made me 5.2bn since i started investing in Plex at the end of February.

My biggest headache was that i was sitting on too much ISK which was not invested in the market.  I had up to 35bn ISK in my wallet which was dead money.  At most i need to hold 10bn ISK to finance my business, the other 25bn or so is surplus to requirements.

I know two things about that ISK.  Firstly, it will be there tomorrow with no chance of making a profit (or a loss).  Secondly, there is inflation in Eve so in effect it is not keeping up with the cost of living in Eve - in other words, its value to me in the future is lower than its value to me today.

So far, Plex is the best item i can find that (in the medium to long term) is the best asset to keep up with inflation in Eve.

However, during June i did not purchase additional Plex given i want to expand my trading business into higher value items and so will perhaps need the surplus ISK this month.

Dodixie trader: Life remains good and consistent

Items for sale fell to 14.3bn from 17.8bn which reflects me selling down my holdings in items valued below 100m ISK without yet replacing them with items valued at over 100m ISK.

I sell T1 manufactured items that my manufacturer makes in Lonetrek, and going forwards any other item that sells for over 100m ISK and makes a 20% profit margin.

This alt pays 0.80% broker fees to post an order and a further 0.90% sales tax on a successful sale.

There are no medium term goals for this alt – for now i will focus on the manufactured items from my alt in Lonetrek and selling expensive items hauled from Jita.

Training - this alt is training for missions.  Currently doing Level 4 missions.


Hek trader: Life remains good and consistent

Items for sale were flat at 15bn ISK.

I sell T1 manufactured items that my manufacturer makes in Lonetrek, and going forwards any other item that sells for over 100m ISK and makes a 20% profit margin.  Other than the manufactured items, there are very few common items i sell in Dodixie and Hek.

Pays 0.80% broker fees to post an order and a further 0.90% sales tax on a successful sale.  No longer training.


Amarr Trader: Back down to normal

Only really fully started up in mid December and focuses solely on items manufactured by my alt in the Lonetrek region.  During June this alt's sales were 6.0bn ISK vs prior months 7.1bn ISK and i suspect the profits were 2.0bn ISK vs prior months 3.0bn ISK.

Items for sale at the month end were flat at 11bn.

Pays 0.75% broker fees to post an order and a further 0.90% sales tax on a successful sale.  During the month i increased Accounting to Level 4 and Broker Relations to Level 5 to reduce those fees / taxes.

The main aim of this alt is to train up for Invention, and here the training goes on.  Needless to say, with being busy in rl this whole invention thing has been on the back burner!


Rens Trader: back also to more normal levels

Started just before xmas and also focuses solely on items manufactured by my alt in the Lonetrek region.  During June this alt made sales of 3.8bn vs prior month of 5.2bn ISK and i suspect profits of 1.7bn ISK vs prior month of 3.0bn.  Items for sale at the month end were flat at 7bn ISK.

Rens is a slower trade up so i did not expect to see great things - but being able to earn enough to buy two Plex per month is no bad thing.

I have no plans to expand into selling other items - i will stick to selling the items my manufacturer produces.

Pays 0.8% broker fees to post an order and a further 0.9% sales tax on a successful sale.

No longer in training.

Manufacturing alt: This alt does all my manufacturing from the Lonetrek region which is within easy access to Jita.  Not much has changed since November.

This alt sells its items in Jita and contracts to Push Industries to haul items to the traders in Dodixie / Hek / Amarr / Rens to sell.

I own 44 blueprints worth over 1bn ISK, most of which have already comfortably paid for themselves.

This alt may have plateaued at 6 to 8bn ISK sales per month for now though June was low.  During the month it made sales of 4.2bn (vs 7.3bn ISK in the prior month) and estimated profits of 2.0bn vs prior month of about 3.0bn ISK.  It currently has 9bn of sell orders, similar to May.

My expansion into manufacturing has been a great success so far.  I am now training this alt up to manufacture T2 items and i am in the process of manufacturing my third T2 item - lets see how it goes but so far T2 items are not as profitable for me as the T1 items.

And all this takes is 15 minutes update time a day.

The current near term goals is to find other T1 items to sell as well as expanding into T2 items.

I have seeded a new market in Lonetrek - lets see how that goes.  It is volatile at present - June sales were 1.0bn with profits of about 0.5bn compared to May of 1.5bn and profits of about 0.7bn ISK.

Planetary Interaction Alt: started training for Planetary Interaction.

This alt used to be my buyer in Jita.  He is now fully skilled for Planetary Interation and i am experimenting with it all for now.

Outlook: July is going to be real busy for me in RL (again!), hence i suspect i will be lucky to make over 5bn.  I have a holiday in the last week of June so it will be interesting to see how much i can make with some more time online.


Current Wealth:

Expected business purchases in the next 30 days

• Plex x1 = 0.75bn ISK

I don't count assets I use in the course of my business such as ships, fittings etc nor do I add back any expenses such as skills purchased etc.  The wealth I disclose is made up of items that are ISK or are in the process of being converted to ISK.

* I take a 20% provision against the items I am selling.  Eve calculates wealth by adding up the value of the sell orders hence it is possible to increase your wealth by buying an item for 100m ISK and putting a sell order for 120m ISK (in this case your wealth would increase by 20m ISK).  For me, I want my wealth to be calculated at cost until i finally hold it as ISK.  I know that the value of my sell orders will likely fall over time as I update my orders downwards as competition reduces their prices before my items are sold.  Hence the 20% provision is my best guess as to what cost is or at least the maximum reduction I would need to make to my sell orders as a whole before they are sold.