Science & Industry

I have a friend who is starting to play EVE online. I am miner and he wants to be industrial. What are best/profitable items for him to build at start? Any advices? And after basic things what he needs to focus on later? Any newer good guide for industry for beginers?
Thanks in advance.

The key is to first have your friend hooked to Eve.
.
Maybe he can produce things for your mining activities such as crystals and so on.
Such arrangement should give yo friend a sense of accomplishment (providing things for a friend) and motivation.
Profit making can come later if you can tank for your friend for a while

All good points above but here are some additional thoughts.

1. Try to build in less utilized systems since manufacturing, research, invention, etc. fees are calculated by average industry activity in the area. I.E. if someone is building a lot within the constellation it will raise the cost of manufacturing fees for everybody nearby. You can see the manufacturing or other industry index by facility/service in the industry window.

2. Try to acquire your own BPOs over the long run since BPC cost can erode margin.

4. Try to use buy orders to procure material where possible and makes since. If the gap is narrow between highest buy prices and lowest sell prices you might be able to do better buying directly from a sell order.

5. Train trading skills especially accounting and broker relation to lower your brokerage and tax costs for buy and sell orders improving your margin.

6. If time allows grind standing for your corp for the respective station owners where your market orders will be placed. This will lower your fees.

7. POS arrays usually have a material deduction and/or time benefit for many industry actitivities which can improve your productivity per toon and increase margin by lowering cost.

8. If using POSes and you can afford faction tower it will save you on the fuel.

9. As with the BPOs versus BPCs the more vertically integrated you can become the more profit you can make so consider producing some if not all materials and components to increase your margin.

10. Materials/Components are not free so make sure you evaluate the market value of those materials and components you've built for your final products to see if it's more profitable to just sell them straight versus building the final product. Don't forget all fees that will be incurred when calculating the difference.

11. Don't confuse ROI with meaning most profitable activity. ROI indicates the effiecency of the capital in use, but not necessarily profit once you consider for market demand/volume. Example: If you build 2 Kronos which cost 1b a piece to build and sell for 1.1b with 100m profit ROI will be 10%. If you built a Thorax for 8m and sold it for 12m the ROI is 50% so to match the profitability of of the Kronos you have to sell 25 thorax which may not be possible at your current margin considering demand and competition.

Hope this helps.

To find things worth to build, check the market use these tools: https://eve-industry.org/calc/ and http://eve-productions.org/

With the fee and tax increase it is important now to look one or more levels deep, and try to produce expensive components on your own or alternatively sell those components directly. http://eve-productions.org/ allows you to easily switch between buying on the market vs. own production, to figure that out (though you have to take the BPO costs into account).

You can do very well as a new industrialist making and selling T1 products but it does require some effort. I recommend starting with small rigs. The blueprints are cheap and easily researched and it isn't difficult to find profitable stuff to build. A couple of minutes looking through my own prints turned up Small Anti-EM Screen Reinforcer 1 Blueprint: Estimated cost - 15,398 ISK, Estimated selling - 35,116 ISK. Pretty good margins by anyone's standard.

This level of profit will attract more sellers pushing the price down but opportunities like this are always available. The regional market app has a Price History tab that shows the market cycle for up to a year. You should establish a "floor" price (price below which you will not chase the market down) for each product around the midpoint in the cycle. If the market goes below that just be patient, let it come to you.

Small rigs use salvage that can be purchased in small quantities at low prices in backwater stations throughout empire space. The exploration frigate you get free in the career missions will hold as much salvage as most new players can afford (more than most can afford to lose). The small industrialist actually has an advantage over the large who needs to buy large quantities from aggregators at trade hubs.

Do not sell to buy orders. Train the trade skills (particularly broker relations and accounting) and create sell orders in smaller trade hubs - for a small industrialist, Jita is a good place to buy but not a good place to sell - try Hek, Rens or Dodixie.

Do not expect the same items to always remain profitable. Prices will move in a cycle. Good profits attract more sellers pushing prices down. Low prices attract more buyers pushing prices up. Pick a dozen or so rigs with good volume and reasonable profitability in the top half of their cycle. When you're ready to build something pick a product that is on its way up - not one that is on its way down!

Yes, cycling is important and not putting all eggs in one basket. I switched products two times in the last 3 weeks, with a 1-2 day cycle of production / sells.

That would be called industry.