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How do to run an industrial corp?

Author
Volundark Gallente
Immortalis Inc.
Shadow Cartel
#1 - 2013-09-25 06:02:05 UTC
Hey, i am wondering how to run a successful industry corp. my goals are to have large mining ops and T2 manufacturing. but i dont know how to run it. we have the BPOs and ISK, we just need members and good directors to run the corp.

please help me on how to run it not some advice that tells me something else

Intergalactic Space Federation is Recruiting Miners & PvP'ers!

Casta Lyron
Alpha-Helix Biononics
#2 - 2013-09-26 07:06:22 UTC
What you are asking is a very complicated question formulated in a very general way. Nobody will hand you the keys to their success, but I will try to help you on the same level as you ask: general.
Basicly to run a successful industry corp it is all about earning ISK and rewarding corp members for their time. Be of a mindset that nobody will work for you for free and be generous if you want to keep your corp together. Try to put yourself in their position, why should they work with you compared to what they could do on their own.

If you have a mind on running it yourself you should start formulating a goal and a strategy. Wanting to do large mining ops and T2 manufacturing is not a good goal, the goal should not be doing it for the reason of doing it, but doing it with a mind of profit. My advice is that you should measure the goal in ISK. For example "My goal is to earn 10.000.000.000 ISK in October by doing mining ops in lowsec with more than 20 people and producing T2 items with an IPH of more than 500.000 ISK on 4 characters"

If you want to hire a director you should find one with a succesful strategy. What is his goal, how can he achieve it, how will he be rewarded? And when it all comes down to it, Trust. Don't hire a director you don't trust, because you will have to put him in a position of power over the corp assets.

Most important is to always measure your options in ISK to get a grasp of what is the best decision for your corp.
P3po
Perkone
Caldari State
#3 - 2013-09-26 08:51:11 UTC  |  Edited by: P3po
There are some posts in this section about running mining corp, you can look for them (btw this question pops out every few weeks over and over again, so it should not be hard). With mining corp, you can easily get to 10-15% profit for corp and it is still worth for the miners to mine for the corp, but you have to pay for rent/logistic/POSes etc. from these money.

About T2 manufacturing ..... you can't. CCP gives you no tools to run it somehow. You would have to manually assign jobs to memebers (like XY dude invent these BPCs, XZ dude manufacture that components) and it will be logistical and management nightmare (one dude won't log in for 2 days and your whole production chain is delayed) not to mention figuring out way how to pay them AND still make profit.

My advice would be to deal with the T2 manufacturing part on your own (you can have 6 manufacturing pilots with just 2 accouts, and now when you can train them all at once, it will be even easier to get them).

Or find 1-2 guys who you trust and go with them to join venture. Like ok guys, we wanna run this, we need 10 bil to start. Everyone pay 5bil and we will go and do this. And profit is split in 1/2. Easy.
Vexed Nova
NovaTech Holdings
#4 - 2013-09-26 15:48:53 UTC
Volundark Gallente wrote:
Hey, i am wondering how to run a successful industry corp. my goals are to have large mining ops and T2 manufacturing. but i dont know how to run it. we have the BPOs and ISK, we just need members and good directors to run the corp.

please help me on how to run it not some advice that tells me something else


Thanks, you just gave me an idea for an article for the October issue of the Industrialist. For this months issue, click the link in my signature.

Please check out my blog! EVE Industrialist Blog - http://bit.ly/1m9Oegu

Cap James Tkirk
Know-Nothings
#5 - 2013-09-26 16:02:39 UTC
join a successful indy corp and learn as stated no one is going to say here is everything you will need to know to make this a success

you need to learn and then learn to apply that knowledge and scale it accordingly

remember being the leader isnt about telling others what they should or need to be doing its about delegating your tasks to key individuals so they can support and solidify the desires of both you and the corpies involved it has to be a give take or you will be flying a corp of alts

cheers
Nominal Value
United Mining and Hauling Inc
The Initiative.
#6 - 2013-09-26 17:31:48 UTC
Join my corp. I will put you to work. Winning EVE is just a click away! Lol
Ginger Barbarella
#7 - 2013-09-26 17:53:38 UTC
Volundark Gallente wrote:
Hey, i am wondering how to run a successful industry corp. my goals are to have large mining ops and T2 manufacturing. but i dont know how to run it. we have the BPOs and ISK, we just need members and good directors to run the corp.

please help me on how to run it not some advice that tells me something else



Step One: Join a large industrial corporation, and volunteer your arse off for management tasks (not mining, obviously). Learn how they do what they do, see what works adn what doesn't, and learn the basics including dealing with the little people. Once you have learned the good, the bad, and the ugly, you're ready to dip your toes in it.

"How do I run a -x- corporation?" cannot be answered in a Forum post.

"Blow it all on Quafe and strippers." --- Sorlac

La Nariz
Aliastra
Gallente Federation
#8 - 2013-10-01 01:49:28 UTC
You can consult with me if you like I've seen both terrible and amazing indy corps.

This post was loving crafted by a member of the Official GoonWaffe recruitment team. Improve the forums, support this idea: https://forums.eveonline.com/default.aspx?g=posts&find=unread&t=345133

Ginger Barbarella
#9 - 2013-10-01 18:06:29 UTC
La Nariz wrote:
You can consult with me if you like I've seen both terrible and amazing indy corps.


Quote:
Goonswarm / Goonwaffe


This should be good... Lol

"Blow it all on Quafe and strippers." --- Sorlac

Oska Rus
Free Ice Cream People
#10 - 2013-10-02 12:28:59 UTC
I wil be your director i am awesome with bpos!
Cameron Freerunner
Republic Military School
Minmatar Republic
#11 - 2013-10-04 17:25:11 UTC
Volundark Gallente wrote:
Hey, i am wondering how to run a successful industry corp.

solo. if you feel compelled to have other people take your stuff, just give it away. there's a lot less work involved.
Soldarius
Dreddit
Test Alliance Please Ignore
#12 - 2013-10-04 18:40:23 UTC
Trust no one. Lock down all BPOs. Keep corp shares in your personal wallet. Be a total scrooge when it comes to POS roles.

http://youtu.be/YVkUvmDQ3HY

Akira Menoko
School of Applied Knowledge
Caldari State
#13 - 2013-10-07 21:49:23 UTC
Volundark Gallente wrote:
Hey, i am wondering how to run a successful industry corp. my goals are to have large mining ops and T2 manufacturing. but i dont know how to run it. we have the BPOs and ISK, we just need members and good directors to run the corp.

please help me on how to run it not some advice that tells me something else


I've spent the last couple years trying to answer this question for myself and so far I haven't found the solution. A major part of the problem is corp role mechanics are not the greatest. For example, to entrust someone to build ammo on behalf of the corp at the POS you have to give them access rights to cancel every job your corp is working on. Not a big deal if all you make as a corp is ammo, big deal if you build capitals and one mouse click just trashed billions of isk in materials.

The biggest thing is to be paranoid and don't just blindly trust people. Keep BPOs locked, hold all corporate shares yourself, give only people just enough roles to do their jobs, use alt corps to keep excess cash and assets secure, things like that. But you will have to take leaps of faith and trust people with assets. By keeping things separated, you can mitigate damages from a theft.

The other thing is to have a plan and goals. Answering the question "what are you going to achieve and how are you going to achieve it."

A big tip for when you start assigning roles and titles in the corp is to test everything on an alt and make sure you understand what every role does. That way if someone starts asking for random roles, you know what they do and whether or not the person is BSing you into giving away too much so they can steal your stuff.

Feel free to hit me up in game with specific questions.
Tau Cabalander
Retirement Retreat
Working Stiffs
#14 - 2013-10-07 22:12:42 UTC  |  Edited by: Tau Cabalander
Soldarius wrote:
Trust no one. Lock down all BPOs. Keep corp shares in your personal wallet. Be a total scrooge when it comes to POS roles.

Use titles to assign roles.

It is much easier and less error prone to change one title than it is to edit every character in the corp. You will make mistakes or miss characters if you don't use titles.

There should be a title that untrusted rookies have. A title that every basic member (non-rookie) has. A title that researchers have. A title that POS gunners have. etc.

Assign a default wallet to every member (using the basic member title), even if it is empty, and / or they don't have take access to it. Never assign the master wallet. Name the wallet so it is obvious, example "Default" or "Free for all" or just "FFA".
Elena Thiesant
The Scope
Gallente Federation
#15 - 2013-10-07 22:41:07 UTC
Akira Menoko wrote:
For example, to entrust someone to build ammo on behalf of the corp at the POS you have to give them access rights to cancel every job your corp is working on.


That changed in Odyssey. Now only the job creator and directors can cancel jobs. Anyone can still deliver any competed job (and possibly steal the output), but they can't cancel it any longer.

Doesn't protect against a CEO or director mis-clicking, but one would hope they would be careful.
Akira Menoko
School of Applied Knowledge
Caldari State
#16 - 2013-10-07 22:48:53 UTC
Elena Thiesant wrote:
Akira Menoko wrote:
For example, to entrust someone to build ammo on behalf of the corp at the POS you have to give them access rights to cancel every job your corp is working on.


That changed in Odyssey. Now only the job creator and directors can cancel jobs. Anyone can still deliver any competed job (and possibly steal the output), but they can't cancel it any longer.

Doesn't protect against a CEO or director mis-clicking, but one would hope they would be careful.


Oh wow, I can't believe I missed that when I looked over the patch notes. I'll have to give those a reread when I have time. But thanks, that's pretty huge. Lol
Cameron Freerunner
Republic Military School
Minmatar Republic
#17 - 2013-10-08 15:46:52 UTC
It makes more sense to simply have everyone in their own corps. If you must, form an alliance so that you can share POS slots without actually sharing the POS. You work together to achieve your goals, but all your assets are separate. It keeps the drama to an absolute minimum and removes all possible avenues for theft of assets, internal griefing, awoxing, and the like. There is no real advantage to everyone being in the same corp. It will only take one awoxer to incorp gank your shiny freighter full of shiny products to ruin several months of work.
Rath Kelbore
Caldari Provisions
Caldari State
#18 - 2013-10-11 19:47:05 UTC
Cameron Freerunner wrote:
It makes more sense to simply have everyone in their own corps. If you must, form an alliance so that you can share POS slots without actually sharing the POS. You work together to achieve your goals, but all your assets are separate. It keeps the drama to an absolute minimum and removes all possible avenues for theft of assets, internal griefing, awoxing, and the like. There is no real advantage to everyone being in the same corp. It will only take one awoxer to incorp gank your shiny freighter full of shiny products to ruin several months of work.


Pretty much this. In my indy corp there are two of us. My corpmate lives about 5 blocks away from me. I can beat him up and take his women. Other then that situation, I wouldn't have anyone else in the corp with access to anything. It's just too much risk. As stated above, all it would take is one guys to decide to ruin months worth of work in ten seconds. Look at the Eve Bank theft or whatever it was called.

I plan on living forever.......so far, so good.