Update

1. Update

At the moment I am still strugling to recover from my loses from that suicide gank, I am around 500 million ISK in loss this month so far, and I have upcoming obligation to buy another PLEX, I hope that I will at least have positive balance at the end of this month.

Couple of items that I made, are falling down in prices, so my profits are getting really low, I am looking of new items to make in order to make some better profit margins.

Sorry I didn't have any updates last few days, it is because nothing important happened, I didn't want to post just numbers.

2. Revisiting Future Plans

As the things are going I doubt that I will make 7-10 billion ISK for this month, mostly because I didn't trade at all last few days, and my manufacturing items are falling in price, also 5 billion ISK profit from manufacturing also won't happan I guess. Medium POS will be up next month if my estimates are right.

I got a third account, buddy program, and I am training him for PvP, I will see how much I can get in 51 days of the account duration, but I itend to pay for that account on regular basis, not with ISK, but with real life money.

3. Investment Opertunity

I am thinking of releasing the shares to the market so I can finance my operations to the full potencial, but I need to find a way of doing this that will satisfy both, me, and investors. I will keep you posted on this topic.

Month 2 Day 2

1. Day Analasys

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Today I made a total profit of 68 million ISK, with a profit margin 3.58%, but also I have invested around 54 million on T2 rig invention.

2. Manufacturing so Far

In the second month I am currentlly at loss in manufacturing department of around 720 million ISK, totaling my loss at 347 million ISK including previous month in which I made around 370 million ISK. Keep in mind that the items are being produced at the moment, and I am waiting to finish all of the production so I can haul my goods to Jita, most likely using an hauling services. When I am done selling all the items I will hopefully recover my losses from that suicide gank, and will land me some nice profits, alowing me to reinvest into this again. Invention is going according to plan, nothing to say about that part for now.

Month 2 Day 1

1. Day Analasys

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Today I decided to invest into manufacturing and make those T2 BPCs that I have, there are mod BPCs, T2 rig BPCs, and some T2 ship BPCs, so i went out there and bought all the materials needed and the end cost ended up to be around 1.6 billion ISK, it would have been 1 billion ISK if there weren't that suicide gank. I had to buy some of the materials again, and I guess I won't be reaching my goal for this month, I need to recover fast from this, so as my slots are runing their jobs I will push trading more.

2. First Suicide Gank

I have been suicide ganked for the first time now, and I lost around 600 million ISK, I wasn't flying AFK to my manufacturing location or anything, it was just bad luck for me, and great luck for the ganker, he targeted me as I was warping from one gate to another, from now on on such large operations I will use courier services, better to give 25 million as a reward to hauler, than to lose 600 million ISK, at least untill I get my own freighter.

First Month Report

1. Day Analasys

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Today I earned 108 million ISK, which is a bit low, considering my predictions were around 150 million, but to be honest I didn't play that much today, so better that than nothing.

2. Month Analasys

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As you can see in my first month I made 2.7 billion ISK, this is somewhat low, as I have seen the potential profit, I started manufacturing maybe 7 days ago, and made around 370 million ISK very fast and I am looking at around 50% profit margin from manufacturing, so in next month I will be focusing more to manufacturing, as the profits are really high. In invention i invested a total around 539 million ISK, but you may say now that it is a bit high considering how much I made with manufacturing, please keep in mind that at the moment I have 90 T2 BPCs that are waiting to be manufactured, so the costs of that will be easily covered.

3. Plans for Second Month

I am planning on expanding manufacturing buisiness, I hope that my manufacturing slots are running 24/7, hopefuly I can reach 5 billion ISK JUST from manufacturing. Invention is going good so far, I don't think that any changes will be made in that area, I just might get a copy alt or maybe 2 copy alts, because I have the skills on two characters for invention, also the corporation "Dorcol Trading" doesn't exist anymore, I movede Nikola Dorcolac to "Dorcol Research ltd" so I can also invent with this character. I will also continue doing trading as much as I can, at the moment I have a lot of liquid ISK, so investing into manufacturing and invention will not affect my trading buisiness. Depending on how much time i play, and how much luck I have I hope to make something between 7 and 10 billion ISK next month.

Goals for Secong Month

- Get manufacturing slots running 24/7

- Make a copy alt

- Run invention 24/7

- Get a medium or large POS (if needed)

- Make just from manufacturing 5 billion ISK

- Start training for a freighter 

- Make a total of 7-10 billion ISK (trading + manufacturing)

We will see at the end of the second month how much success I had. I would also like to hear your thoughts on that as well so feel free to comment, let me know do you think it is possible to make 10 billion a month or is it just fiction.

Day Analasys 2

1. Day Analasys 2

Today I didn't play that much, I just sold the stuff I manufactured for around 800 million ISK, but didn't trade anything else besides that, just some buy orders god filled, nothing big, tomorrow I will be selling all those things, I am expecting around 150 million ISK profit.

2. End of Month

Tomorrow will be the end of my first month of doing buisiness and using spreadsheet, so expect a monthly report, I am quite happy with how things went for me, a lot of ISK was made, and a lot of skills have been trained, i expect a good growth in the upcoming second month, we will see how it goes.

3. Looking for 

At the moment I am looking for large quantities of speciffic ammo types, so if you, or your corporation is interested in building some for me, at decent prices, don't hesitate to contact me via Evemail, if I am not answering your convo invite, that means I am just afk, I am not ignoring, so don't get upset.

Day Analasys

1. Day Analasys

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Today I suffered a loss of 212 million ISK, mainly due to some investments into manufacturing and invention. Into invention I invested around 38 million ISK, I am just testing some waters with that, in the upcoming days I hope to have more investments into that area. And in manufacturing went major part of my funds today, around 350 million ISK and I am expecting around 50-80 million ISK profit from that.

2. Upcoming Investments

I have finished some invention and I got 58 T2 BPCs with 10 runs ME and PE -4, so I will invest into manufacturing those items, we will yet see how much ISK will be needed for that investment. As far as invention goes, I am as I said earlier testing some items and the market, so in the upcoming few days there won't be any big investments in that area.

3. BPC Aquisition

So far I had no big issues with the T1 BPCs for invention, but as my buisiness grows it turns out that I will need one character just to copy the BPOs, so I will be looking into training one as soon as possible. I will have two characters for invention and manufacturing and one for copying. It just needs time.

Profit so far

1. Profit Numbers So Far

This is my total profit since I started using spreadsheet, it really helped me keep track of profitable items and to wich ones to reinvest my ISK

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On the day 13 and 18 i bought PLEXs so that is why I am in such a big loss those days, on the day 19 I invested into some manufacturing, and on the day 25 I invested into some invention.

2. Invention

Tomorrow invention I started on the day 25, that  I invested a lot of ISK into it will be finished, and immidietly the production of those items will start, I had some really good success rates so it will be very profitable for me.