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How to make 500mil/month

Author
Renis Vaille
Center for Advanced Studies
Gallente Federation
#1 - 2013-08-22 15:47:37 UTC
I've recently posted a some topics in this forum related to money making so thank you all for your input. I've been able to get set up successfully with station trading and PI. My high-sec PI nets me about 35mil per week with 5 planets and after taxes so that's about 140mil per month. I also have been making about 20 mil per week station trading (keep in mind that I barely check my orders and put very little effort into this and I want to keep it this way since its awfully boring). This ups my monthly income to about 220mil per month.

I want to shoot for 500 mil/month on average so I need another way to make about 280 mil/month. Im only online about 1 hour per day on average (full time job and working on my masters so its tough). I usually spend about 15 mins per day of that 1 hour checking and updating orders and lumping in some PI hauling to Jita in there. That means that with the other 45 minutes per hour per day or 45mins x 30 days = 22.5 hours per month I need to make 280mil or 280 mil / 22.5 hours = 12.5 mil/hour or some kind ofpassive income to kmake me this extra money.

So my question (finally) is: is there a way to make another 280 mil/month with only 45 minutes play per day every day while avoiding things that I dislike (listed below)? Are there passive income ways besides PI and datacore farming to make irk in high sec for now? Things that I dislike and don't want to do are: scanning/probing (hate the interface and couldn't get used to tracking things down), PvP (not ready yet with skills so I'm saving up now while I train for low sec and null sec), more station trading (awfully boring), more mining (again, awfully boring though I fully fit a retriever), missioning (awfully boring to me as well), and salvaging (hate probing as mentioned above).

I know I limit myself but I don't want to spend time doing something I hate even if it makes a lot of isk. Everything not listed above Ieither like or hhaven't tried yet.

Thank you so much everyone for your help. The EVE community has been wonderful in answering all of my noon questions
Elena Thiesant
The Scope
Gallente Federation
#2 - 2013-08-22 15:56:22 UTC
Buy a PLEX, sell on the market. Instant 500+ million.

If you're trying for 500/month to play free, don't. It just turns EVE into an incredibly low-paying second job (paying cents per hour if you work it out)

p.s. Data cores are minimal income now. Not worth it unless you have the skills for T2 manufacturing already.
Sin Pew
Ministry of War
Amarr Empire
#3 - 2013-08-22 16:04:02 UTC
Elena Thiesant wrote:
Buy a PLEX, sell on the market. Instant 500+ million.

If you're trying for 500/month to play free, don't. It just turns EVE into an incredibly low-paying second job (paying cents per hour if you work it out)

p.s. Data cores are minimal income now. Not worth it unless you have the skills for T2 manufacturing already.

Quicker than me on that.

OP: you basically seem to dislike most of the game, why do you keep playing then?

[i]"haiku are easy, But sometimes they don't make sense, Refrigerator."[/i]

Mr Epeen
It's All About Me
#4 - 2013-08-22 16:06:06 UTC
The best way to make money with minimal time investment is in developing characters for sale.

While it will take six months for your initial investment to pay off, once you are up and running you are looking at 5-7 billion per character.

The last time I worked it out, it went something like this. Five PLEX total investment with a 12 PLEX return for a profit of 7 PLEX. I should mention that this is based on taking advantage of the frequent Power of Two promotions. The only trick is knowing how to build a focused character that you know will be in demand, but not one that's so popular that everyone is making them. Browse through the Character Bazaar to get an idea whats types of characters are getting the highest return per SP.

All in all though, not bad for a time investment of a couple of hours logged in over six months.

Mr Epeen Cool
Solai
Doughfleet
Triglavian Outlaws and Sobornost Troika
#5 - 2013-08-22 16:48:48 UTC
More trading.
High volumes, and high price items. Buy from places that supply a good item but have low local demand.
There's a large initial investment of time, in order to find the items and the circumstance, but after that it's just monitoring the orders, and making collection runs every week.
Lord Battlestar
CALIMA COLLABORATIVE
Atrox Urbanis Respublique Abundatia
#6 - 2013-08-22 17:56:52 UTC
Though it is skill intensive, t2 invention can net you a lot of isk, but you will need multiple characters to really do it well. You would also need at least a small POS for copy jobs. It can usually net a few hundred mil isk in profit every few weeks.

I once podded myself by blowing a huge fart.

Hadij Drake
Sebiestor Tribe
Minmatar Republic
#7 - 2013-08-23 02:40:50 UTC
Exploring. Even coming from a nub. If I throw 2 hours at it per day, even while playing distracted and talking to other corp members, I make about 20-30 mil average per hour in lowsec. Null has a chance for a bigger payout but is strangely empty.
Tau Cabalander
Retirement Retreat
Working Stiffs
#8 - 2013-08-23 02:52:00 UTC  |  Edited by: Tau Cabalander
I was earning 3 billion ISK per month doing PI in w-space with 3 characters. Required a freighter to haul it out.

Of course we also earned 750m to about 1.2 billion ISK per 4 hour evening doing C5 and C6 Sleeper sites (one or four capital escalations) with four people multi-boxing. Amount earned was largely dependent on salvaged melted nano ribbons, and intact relics found, especially intact hulls. Also depended on how lazy we were, and our luck finding a decent system (we'd only roll our static wormhole about 4 times before we'd call it an evening).

Fullerene gas harvesting and mining in w-space was only to fill in slow times, but also quite lucrative.
Kyra Quinn
Garoun Investment Bank
Gallente Federation
#9 - 2013-08-23 08:15:39 UTC
I do exploration in high sec and limit myself to about 500 mil per week, this generally takes 2-3 days, simply because there's no reason to make more. I enjoy doing exploration so the money is just an extra, it's all about picking something you like doing and then doing it right.
Penn Koskanaiken
Deep Core Mining Inc.
Caldari State
#10 - 2013-08-23 15:28:08 UTC
Kyra Quinn wrote:
I do exploration in high sec and limit myself to about 500 mil per week, this generally takes 2-3 days, simply because there's no reason to make more. I enjoy doing exploration so the money is just an extra, it's all about picking something you like doing and then doing it right.


Are you running combat anoms or relic/data sites to get that cash flow?
Sin Pew
Ministry of War
Amarr Empire
#11 - 2013-08-23 15:34:12 UTC
According to his blog, it's a mix of both in high and low-sec.

[i]"haiku are easy, But sometimes they don't make sense, Refrigerator."[/i]

Kyra Quinn
Garoun Investment Bank
Gallente Federation
#12 - 2013-08-23 15:50:01 UTC
Penn Koskanaiken wrote:
Kyra Quinn wrote:
I do exploration in high sec and limit myself to about 500 mil per week, this generally takes 2-3 days, simply because there's no reason to make more. I enjoy doing exploration so the money is just an extra, it's all about picking something you like doing and then doing it right.


Are you running combat anoms or relic/data sites to get that cash flow?


High sec combat signatures only but I will do the last part of an escalation in low sec if it's in a decently quiet system. Data and relic sites just don't pay anything at all anymore in high sec compared to combat sigs, apart from that it has more competition because of an increase in people flying the scanning frigates.

It does require good knowledge on how and what to do and it helps if you know what the good areas are (which you learn over time) and you'll need a proper ship for it ofcourse.


Praxis Ginimic
The Scope
Gallente Federation
#13 - 2013-08-23 16:17:36 UTC
Cowboy up and move that PI operation to low sec.

Warm up those probing skills and run C1 anomalies.

Go on safari.
Paul Otichoda
Perkone
Caldari State
#14 - 2013-08-23 18:10:55 UTC  |  Edited by: Paul Otichoda
I've recently tried a bit of PI in a low sec system producing Chiral Structures. However I'm not sure if I'm being successful or not. I've get it up to produce basic materials

I've only had the site for about a day or 2 and I've already made about 1m ISK. Is this good for this kind of thing?
Darius Onok
Pator Tech School
Minmatar Republic
#15 - 2013-08-23 18:17:20 UTC
Generally as long as you are making more a month than it costs you to run the thing it is a good idea. Whether it's 5 million or 500 million. Obviously one of those is way better but as long as you are passively making money you are in the clear.
Gizznitt Malikite
Agony Unleashed
Agony Empire
#16 - 2013-08-23 18:23:52 UTC

Manufacturing can easily net 10k - 100k isk/hr/ line, and most players have up to 10 lines. Granted, you need to do some research about what products net this, and then ascertain a researched BPO.

T2/T3 Invention can earn lots of isk, but requires some skills, often a POS, and a fair bit of investment.

Moongoo reactions can also make you several 100 million isk a month, but require lots of investment, a POS, and you have to operate in lowsec/nullsec (meaning your stuff is at risk).

If you go to lowsec/nullsec, and find a POCO with low tax rates, you can make a lot more than 150m a month from 5 planets.


Mallak Azaria
Caldari Provisions
Caldari State
#17 - 2013-08-23 19:11:14 UTC
Leave highsec, train up for an Ishtar, AFK rat for 60m an hour.

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Starbuck05
Abiding Ormolus
#18 - 2013-08-24 10:33:35 UTC
Fit some guns and a cloack,join fw and run plexes. 1 hour per day can get u double what ur looking for,easy.

U don.t need high skills,just learn to use d-scan.

Just because i am blond does not make me stoopid !

Drax Concrilla
Viziam
Amarr Empire
#19 - 2013-08-24 15:00:02 UTC
Starbuck05 wrote:
Fit some guns and a cloack,join fw and run plexes. 1 hour per day can get u double what ur looking for,easy.

U don.t need high skills,just learn to use d-scan.


This. FW is mad amounts of money. Join an FW that's at least at Tier 2, orbit buttons for 1 hour (note: this is also extremely boring).

If you don't want to deal with PvP remember to fit a cloak and stab like a master! Then sit 30km off the warp in beacon and if anything comes in just warp off! If you really, really want to avoid PvP just warp off when anything shows up on short scan! True FW participants will absolutely LOVE YOU and you'll make quite a few million isk/hour after you cash out all those LP.
Starbuck05
Abiding Ormolus
#20 - 2013-08-25 13:01:38 UTC  |  Edited by: Starbuck05
Drax Concrilla wrote:
Starbuck05 wrote:
Fit some guns and a cloack,join fw and run plexes. 1 hour per day can get u double what ur looking for,easy.

U don.t need high skills,just learn to use d-scan.


This. FW is mad amounts of money. Join an FW that's at least at Tier 2, orbit buttons for 1 hour (note: this is also extremely boring).

If you don't want to deal with PvP remember to fit a cloak and stab like a master! Then sit 30km off the warp in beacon and if anything comes in just warp off! If you really, really want to avoid PvP just warp off when anything shows up on short scan! True FW participants will absolutely LOVE YOU and you'll make quite a few million isk/hour after you cash out all those LP.


he doesnt need to warp out if he has a cloack and learns to use d.scan properly.

Alternativly if u are so in to pi,just find yourdelf a wh corp and do pi there,u will make alot more money and any respected wh corp will love u for it cause they will have theyr own pocos up effectivly giving them money everytime u cash out or drop materials in. Its a no brainer tbh. Most players who do pi in good wh.s easly make between 500 mil and 1bil per month depending on what planets they have at theyr disposal.


Edit: sorry for bad grammar typing from phone and it is a paaaaiiinnn.

Just because i am blond does not make me stoopid !

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