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Looking to start an actual in game business

Author
Charley en Cedoulain
Center for Advanced Studies
Gallente Federation
#1 - 2013-05-25 08:26:40 UTC
Hey everybody,

I have been toying with the idea of starting an actual business in EVE. I have the educational and work experience IRL to start a business in the financial sector. Before we get started, yes there is always the risk of scamming but thankfully all of my investments so far haven't been scams and I am not looking to scam anybody (easier said than trusted, I know). Being a relatively new player, I am mainly looking for feedback from the community at this point, kind of a market test if you will, to see what cool ideas I might be able to possibly turn into a business venture. To sweeten the deal, any ideas that end up being turned into a business venture, will have a profit sharing component. If you want to chat in game, add me as a contact and ping me when I'm available or respond here in this thread. I really want to find a way to make some ISK in game while embracing the unique "corporate" atmosphere of Eve. Thanks all!
OfBalance
Caldari State
#2 - 2013-05-25 08:38:08 UTC
Charley en Cedoulain wrote:
I have the educational and work experience IRL to start a business in the financial sector.


Please elaborate on this for my amusement.

If you are successful in the above task, I will provide you with (1) Good Idea.
Charley en Cedoulain
Center for Advanced Studies
Gallente Federation
#3 - 2013-05-25 08:46:09 UTC
I have an Associates Degree in Business with a concentration in Accounting, a Bachelor's in Accounting with a concentration in Internal Auditing. I am a Treasury Management professional with a major bank in the US and am close to getting my Certified Treasury Professional certification. I'm currently studying to start my Masters of Accountancy so if that doesn't qualify for real life work and educational experience for starting a business in the financial sector, than I'm not sure what does.
Caleb Ayrania
TarNec
Invisible Exchequer
#4 - 2013-05-25 09:01:59 UTC
Charley en Cedoulain wrote:
I have an Associates Degree in Business with a concentration in Accounting, a Bachelor's in Accounting with a concentration in Internal Auditing. I am a Treasury Management professional with a major bank in the US and am close to getting my Certified Treasury Professional certification. I'm currently studying to start my Masters of Accountancy so if that doesn't qualify for real life work and educational experience for starting a business in the financial sector, than I'm not sure what does.


Well if all that is true your best way to use your skills would be integrating into the MD community.

Also an actual share based pro run EVE corp is still something we are waiting for.

These Links might also help you with ideas..


http://scc-lounge.net/wordpress/scc-insider/secure-commerce-services/

http://scc-lounge.net/wordpress/eve-bplans/

Also the ingame channel scc-lounge might be a useful place to drop by..

Charley en Cedoulain
Center for Advanced Studies
Gallente Federation
#5 - 2013-05-25 09:08:05 UTC  |  Edited by: Charley en Cedoulain
Quick question, what is the MD Community? I actually just found SCC tonight looking at other articles. I got inspired by the Frog Freight Companies and some other in game corps that caught my eye. I will take a look at the idea of a share driven, profit sharing corporation based off ownership %'s and seeing if that would be realistically feasible given some good excel-fu skills. I'll check out those links and see if I can post something later, thank god for memorial day weekend.
voetius
Grundrisse
#6 - 2013-05-25 09:21:56 UTC

the MD community is a loose term that refers to people that post in this subforum but can also be taken to include people that are in the various trade channels like scc-lounge and others.
clamslayer
Doomheim
#7 - 2013-05-25 10:29:19 UTC
Just do what this guy did. It turned out to be a scam, but his story what well thought out enough to fool a lot of players, including the CEO and members of Red Frog Freight.

https://forums.eveonline.com/default.aspx?g=posts&t=182964&find=unread
Mu-Shi Ai
Hosono House
#8 - 2013-05-25 10:36:36 UTC
You're inspired by Red Frog Freight, a company which doesn't generate a profit. Sounds like a good model to me.
Vaerah Vahrokha
Vahrokh Consulting
#9 - 2013-05-25 13:29:35 UTC
Charley en Cedoulain wrote:
I have an Associates Degree in Business with a concentration in Accounting, a Bachelor's in Accounting with a concentration in Internal Auditing. I am a Treasury Management professional with a major bank in the US and am close to getting my Certified Treasury Professional certification. I'm currently studying to start my Masters of Accountancy so if that doesn't qualify for real life work and educational experience for starting a business in the financial sector, than I'm not sure what does.


All of the above has a nice value of zero in EvE.

In EvE I would trust and have trusted 100 times more a guy that in RL is a cook (F.) and one that is a philosophy teacher (R.) than 50 "bachelor professionals".

In RL I'd probably do the same choices.
Rual Storge
Caldari Provisions
Caldari State
#10 - 2013-05-25 14:09:29 UTC
Charley en Cedoulain wrote:
I have an Associates Degree in Business with a concentration in Accounting, a Bachelor's in Accounting with a concentration in Internal Auditing. I am a Treasury Management professional with a major bank in the US and am close to getting my Certified Treasury Professional certification. I'm currently studying to start my Masters of Accountancy so if that doesn't qualify for real life work and educational experience for starting a business in the financial sector, than I'm not sure what does.


In this case i could have a well paying out of game job for you? It is not legit.
Charley en Cedoulain
Center for Advanced Studies
Gallente Federation
#11 - 2013-05-25 14:55:12 UTC
I didn't know that the frog freight companies didn't generate a profit, I meant overall about creating an in game company that provides a service. As to the content of this thread, this isn't really what I was looking for but thanks for the replies I guess.
Vera Algaert
Republic University
Minmatar Republic
#12 - 2013-05-25 14:57:54 UTC  |  Edited by: Vera Algaert
Why don't you use your rl experience to start a bank?

we didn't have any serious attempt at it in quite some time and a background in accounting and auditing would certainly help (EBANK never got around to implementing proper accounting practices and monitoring afaik - only when they did an inventory to prepare liquidation it was discovered that one of their employees had fudged the books for his own gain).

A new bank would be just the sort of content creation MD desperately needs.

(seriously, **** the non-believers; just because there is no mechanism forcing you not to scam doesn't mean it is impossible to stay honest, MD tends to play up all the failure and ignore the silent champions (e.g. BMBE); go and do whatever thing you decide on doing! even if you go bust or scam after a good run you will have been a net positive to MD.)

.

Charley en Cedoulain
Center for Advanced Studies
Gallente Federation
#13 - 2013-05-25 15:16:13 UTC
Thanks for the idea! i would be interested as to seeing how to automate isk withdrawals since I'm not on during the day time or overnight hours. I wonder how to do that without violating the EULA as I don't want to make people wait to withdraw isk as that would negatively affect their play. I'll take a look at the MD community via the Scc-lounge which I joined and try to get a direction on that. If I do get it implemented, I'll make sure to include the profit share Vera. Thanks again!
Caleb Ayrania
TarNec
Invisible Exchequer
#14 - 2013-05-25 15:35:31 UTC
Charley en Cedoulain wrote:
Thanks for the idea! i would be interested as to seeing how to automate isk withdrawals since I'm not on during the day time or overnight hours. I wonder how to do that without violating the EULA as I don't want to make people wait to withdraw isk as that would negatively affect their play. I'll take a look at the MD community via the Scc-lounge which I joined and try to get a direction on that. If I do get it implemented, I'll make sure to include the profit share Vera. Thanks again!


Well a solution is ofc staff. That would get you around the EULA, but require trust and handling access levels in corp ofc.

Adunh Slavy
#15 - 2013-05-25 16:11:28 UTC
Bottle trust and sell it.

Best of luck

Necessity is the plea for every infringement of human freedom. It is the argument of tyrants; it is the creed of slaves.  - William Pitt

Devin Stark
Trader Joess
#16 - 2013-05-26 09:34:33 UTC
You could try and start a "groupon" like service..
Though executing it might be hard/slow.. You would need to find a lot of bulk suppliers (of services or products that are willing to receive below market prices but in bulk) and have your site/tool popular enough to draw enough clients for these said services/products


Zor Isu
Cajun Fast Mart
#17 - 2013-05-26 14:02:32 UTC
Caleb Ayrania wrote:
Charley en Cedoulain wrote:
Thanks for the idea! i would be interested as to seeing how to automate isk withdrawals since I'm not on during the day time or overnight hours. I wonder how to do that without violating the EULA as I don't want to make people wait to withdraw isk as that would negatively affect their play. I'll take a look at the MD community via the Scc-lounge which I joined and try to get a direction on that. If I do get it implemented, I'll make sure to include the profit share Vera. Thanks again!


Well a solution is ofc staff. That would get you around the EULA, but require trust and handling access levels in corp ofc.


www.eveblackjack.com

how to get started tutorial  http://youtu.be/6OLJmTuvqlM

Zor Isu
Cajun Fast Mart
#18 - 2013-05-26 14:03:10 UTC
Caleb Ayrania wrote:
Charley en Cedoulain wrote:
Thanks for the idea! i would be interested as to seeing how to automate isk withdrawals since I'm not on during the day time or overnight hours. I wonder how to do that without violating the EULA as I don't want to make people wait to withdraw isk as that would negatively affect their play. I'll take a look at the MD community via the Scc-lounge which I joined and try to get a direction on that. If I do get it implemented, I'll make sure to include the profit share Vera. Thanks again!


Well a solution is ofc staff. That would get you around the EULA, but require trust and handling access levels in corp ofc.



For eve black jack we were trying to automate payouts, but Caleb is right, only solution is to have staff,and Ofc that's easier
Said than done because they need access to a wallet.

Good luck with everything

www.eveblackjack.com

how to get started tutorial  http://youtu.be/6OLJmTuvqlM

Magnu Stormhawk
#19 - 2013-05-29 10:12:40 UTC
Caleb Ayrania wrote:
Charley en Cedoulain wrote:
Thanks for the idea! i would be interested as to seeing how to automate isk withdrawals since I'm not on during the day time or overnight hours. I wonder how to do that without violating the EULA as I don't want to make people wait to withdraw isk as that would negatively affect their play. I'll take a look at the MD community via the Scc-lounge which I joined and try to get a direction on that. If I do get it implemented, I'll make sure to include the profit share Vera. Thanks again!


Well a solution is ofc staff. That would get you around the EULA, but require trust and handling access levels in corp ofc.



If you're really interested in this, you are going to have to do a hell of a lot more research than just how to deal with withdrawals. On this point in particular though, Hexxx was working on a distributed withdrawals system as part of his work on banking and insurance systems that could prove to be a solution. In fact I would encourage you to review everything he did on banking in EVE (the good and the bad) if you are going to look at banking, as well as the histories of all past EVE banks and the reasons for their failure.
MotherSammy
Clan Sammy Trade Empire
#20 - 2013-05-29 10:35:48 UTC
TL;DR I want to make ISK but have no ideas. Give me yours.
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