These forums have been archived and are now read-only.

The new forums are live and can be found at https://forums.eveonline.com/

EVE New Citizens Q&A

 
  • Topic is locked indefinitely.
12Next page
 

New corp and profits

Author
Quant Predictorian
Center for Advanced Studies
Gallente Federation
#1 - 2014-06-11 08:24:22 UTC
I've created my first corp and rented an office. How can I make profits from mining for the company?

Investor, ancap, correspondence chess player, Fischer random fan (http://www.chess959.com)

Paul Otichoda
Perkone
Caldari State
#2 - 2014-06-11 08:41:54 UTC
mine minerals and sell them?

But really for a corp to succeed you need active members. That is the hard thing.
Quant Predictorian
Center for Advanced Studies
Gallente Federation
#3 - 2014-06-11 09:03:52 UTC
yes it is a hard thing and require clear and long-term vision for the corp and it should be well mentioned to new members.

Investor, ancap, correspondence chess player, Fischer random fan (http://www.chess959.com)

Daniel Plain
Doomheim
#4 - 2014-06-11 10:52:39 UTC
the first thing you should ask yourself is if you actually want to lead people. corp management can be a pain in the ass and if you end up hating your CEO duties, you will quickly lose interest and your corp will fail.

I should buy an Ishtar.

Bara Thiesant
Wraits at work
#5 - 2014-06-11 11:01:11 UTC
Paul Otichoda wrote:
mine minerals and sell them?



Mine your own business, Mr. Otichoda. OP do not get any profit from selling minerals with the own company. He needs good standing with the company, that owns the station (Amarr Navy in his case). Renting an office is one of the steps, made by manufacture ppl. You need this to be able to work with blue prints in research oriented POS. If OP plans to start manufacture, renting office is a good idea, but now it is too early to get any benefit from it, IMHO.



Bara Thiesant
Wraits at work
#6 - 2014-06-11 11:01:35 UTC  |  Edited by: Bara Thiesant
double post, sorry.
Rankan
State War Academy
Caldari State
#7 - 2014-06-11 11:01:39 UTC
why bother with an office?
Bara Thiesant
Wraits at work
#8 - 2014-06-11 11:01:48 UTC  |  Edited by: Bara Thiesant
doble post, sorry.
Mara Rinn
Cosmic Goo Convertor
#9 - 2014-06-11 11:51:53 UTC
Quant Predictorian wrote:
I've created my first corp and rented an office. How can I make profits from mining for the company?


Run mining ops, divide the proceeds N+1 ways with the 1 share going to the corp hangar. Some people will complain that they are flying perfect hulks and are 'subsidising' the newbies in ventures with T1 mining lasers. They're selfish, will only white-ant the corp, and can be kicked from corp ASAP.

Heck, you don't even need to invite them to corp, since that will simply encourage Awoxers. Advertise through your noob corp alts that you're running space-socialist mining fleets on these terms. It helps if you can be the orca boosting pilot and at least one miner and hauler. People are more likely to agree to your terms if you're doing the drudge work.

The important thing is to keep running ops, keep looking for good belts, and stay faithful to the 1/(N+1) dividend. Call it a successful fleet when you even get one other person around to chat to.

You don't really need the office or the corp, BTW.
Tau Cabalander
Retirement Retreat
Working Stiffs
#10 - 2014-06-11 18:19:47 UTC  |  Edited by: Tau Cabalander
Quant Predictorian wrote:
I've created my first corp and rented an office. How can I make profits from mining for the company?

I'm guessing "for the company" means the NPC corp that owns the station?

If that is the case, then you can run mining missions IF there is a mining division agent in the station. Otherwise NPC corps are not interested in your mining abilities.

You can still profit from mining by selling ore / ice / minerals / ice products to players, ignoring the NPC corp.

Of course you'll want to earn standing (6.67 or higher) by doing missions for the NPC corp that owns the station you reprocess at, to reduce the reprocessing tax. Jump clones require 8.0 standing or higher, and medical facilities.
ShahFluffers
Ice Fire Warriors
#11 - 2014-06-11 18:29:33 UTC
Jeremiah Dragonkiller
Doomheim
#12 - 2014-06-11 18:45:06 UTC
Quant Predictorian wrote:
I've created my first corp and rented an office. How can I make profits from mining for the company?


Just out of curiosity, what was your reason for this?
Xuixien
Solar Winds Security Solutions
#13 - 2014-06-11 21:02:45 UTC  |  Edited by: Xuixien
Corporations in EVE don't necessarily exist to create profit. You'll find "Corporation" under the Social tab, not the Business tab, though that is incidental and doesn't obviate corporations as economic entities. Corporations in EVE, however, are first and foremost social arrangements. The corporation may or may not have a common goals (longevity and "success", however, are highly dependant on common goals), and may or may not have strong social ties and "corporate culture" (again, longevity and "success" depend on this). Each corp does something. A mining corp... mines. There is a way to generate profit this way, but it has startup costs (Orca boosting toon + Orca + a small POS). A mission corp runs missions. This can be profitable provided the mission runners accept your tax rate. A PvP corp ... PvPs. A WH corp exists in WH's and does engages in a diverse set of activities in there.

There is no such thing in EVE as a pure "for profit" corporation, except maybe Synergy, but again with most things ISK-making in EVE, you're better off going it alone and salvaging your own missions or working privately with mission runners you know. Sorry, Synery. I forgot to mention also hauling services as well. But they're not very social, I imagine.

Corp profitability gets better if you're doing higher end content, such as having your own POCOs, farming W-Space sites, doing stuff in NullSec, etc etc. Most corps make money off taxing their members in exchange for providing content and access to content that most players can't participate in solo. Can you provide higher end content that other players can't easily access solo in exchange for a tax cut? If not, you probably won't make much money off your corp.

Your best bet as a newbie is to join a corp until you have a moderate grasp on the game.

Epic Space Cat, Horsegirl, Philanthropist

J'Poll
School of Applied Knowledge
Caldari State
#14 - 2014-06-12 00:41:47 UTC
Quant Predictorian wrote:
I've created my first corp and rented an office. How can I make profits from mining for the company?


An office doesn't get you profits and is technically not needed to make profit for your corp.

You make profit from mining (or industry) for the corp, by selling ores/minerals/product on the market on behalf of the corporation.

Personal channel: Crazy Dutch Guy

Help channel: Help chat - Reloaded

Public roams channels: RvB Ganked / Redemption Road / Spectre Fleet / Bombers bar / The Content Club

Akuro Ben Monk
State War Academy
Caldari State
#15 - 2014-06-12 07:19:46 UTC
Can trial account sell stuff in market on behalf of the corporation? I mean - there are certain limitation on trial accounts and I am not aware if this is possible.
Mara Rinn
Cosmic Goo Convertor
#16 - 2014-06-12 07:46:43 UTC


Some people just won't hear advice that varies from their preconceived opinions.
Quant Predictorian
Center for Advanced Studies
Gallente Federation
#17 - 2014-06-12 07:47:15 UTC
Thanks for all inputs. I've been enlightened now.

Investor, ancap, correspondence chess player, Fischer random fan (http://www.chess959.com)

NightCrawler 85
Phoibe Enterprises
#18 - 2014-06-12 07:49:21 UTC
Akuro Ben Monk wrote:
Can trial account sell stuff in market on behalf of the corporation? I mean - there are certain limitation on trial accounts and I am not aware if this is possible.


Not 100% sure on this but I would assume they can.
Plenty of people use trial accounts to steal from corporations, and due to the limitations it can be more difficult to transfer what they take to their main character without compromising their main.
Solai
Doughfleet
Triglavian Outlaws and Sobornost Troika
#19 - 2014-06-12 09:55:07 UTC
In light of the fact that the OP of this thread is also the OP of the thread, "When is too early to create a new corporation," I'd like to ask the OP:
Why did you choose to create a corporation in the first place, given the mountain of data indicating you should not? Particularly since you do not yet have a clear indication of how a corp functions, in practice.

This question presumes that it's not a personal corp, but rather a corp that other players would join.

If my assumptions are flawed, then my apologies. And if this question sounds pointed and aggressive, also my apologies. But I am puzzled by the revelation that you(presumably) read your own thread, and still decided to create a corp, to which you invite other players.

Regarding the topic of the original post itself: A corp's ability to utilize the group to generate greater profits is, unfortunately, very limited, and in most cases does not exist. Rather than being a means to facilitate greater profit potential, the corp's actual role is to provide a social framework. Most incidences of utilizing a corp to exploit, financially, arise out of the group agreeing to organize their efforts, without regard or benefit of the corporation as a game mechanic.
Quant Predictorian
Center for Advanced Studies
Gallente Federation
#20 - 2014-06-12 11:40:09 UTC
Solai wrote:
Why did you choose to create a corporation in the first place, given the mountain of data indicating you should not? Particularly since you do not yet have a clear indication of how a corp functions, in practice.

What's wrong to create a new corporation, everyone starts somewhere no matter how you're experienced or not. Experience is an empty word, there will be always more experienced CEO's than the less experienced ones. My main motivation to create a new corp was profits and profit sharing to other members. I know corp is a lot more than that: networking, social interaction, and so on. So, the corporation I currently lead mostly focus on shareholders and profits. In this perspective, it looks more like an investment fund or something. I'll try to improve my corporation vision by mostly libertarian philosophies (futarchy principles, etc.) This is a long story and it is waiting at the future.

Investor, ancap, correspondence chess player, Fischer random fan (http://www.chess959.com)

12Next page