These forums have been archived and are now read-only.

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

Market Discussions

 
  • Topic is locked indefinitely.
 

So I want to start a personal shipping business to amass my wealth.
Author
Previous Topic Next Topic
Torik Norem
Sebiestor Tribe
Minmatar Republic
#1 - 2012-03-20 11:10:19 UTC
Any tips or things I should know?

Sorry if this is the wrong forum for this.
Shar Tegral
#2 - 2012-03-20 11:20:08 UTC
Tip: Read before Posting.
Torik Norem
Sebiestor Tribe
Minmatar Republic
#3 - 2012-03-20 11:23:04 UTC
Sorry.
Tekota
The Freighter Factory
#4 - 2012-03-20 12:01:35 UTC
First off, buy a freighter. Actually, buy two.


I'm sorry, I can't, not with a straight face. Ok, real advice:
Look at succesful shipping companies in Eve right now - Red Frog and Push both come to mind, google those and do as Shar says. Look at the fees they charge. Now with the greatest of respect to both companies I doubt either claim their pilots get rich quick - more that hauling is something their pilots either (peversely) enjoy, or do in their downtime - something which (like mining for example) doesn't require a whole lot of attention.

So a personal shipping company is a fine idea, but as one to amass wealth - well, that may not be the best of ideas. That's not to discourage, but as already stated, you really need to read first, post second.
Zaxix
State War Academy
Caldari State
#5 - 2012-03-20 14:17:45 UTC
Good luck with your endeavor. As a personal side business, hauling is good ISK. Our pilots do very well for themselves. Running a courier company is something else entirely. Of course, you could just put in an application with Red Frog. Check out our website and tools: http://red-frog.org/recruit.php

Bokononist

 
Darth Tickles
Doomheim
#6 - 2012-03-20 14:36:44 UTC
I doubt you'll last long as a space trucker if you're only doing it to amass wealth.

Patch speculation is the only thing I can recommend doing to make money even if you don't like it because the payoff is so huge compared to the time invested. For everything else, only do it if you enjoy or dont mind doing it because otherwise you will just burn yourself out trying to get rich.
Red Frog Rufen
Red Frog Freight
Red-Frog
#7 - 2012-03-21 10:52:59 UTC
40b and counting in my case by hauling.. in a little over a year.

so hmm, yeah, you can get rich by hauling, you just need to be able to check your PC all day long, at various interval.

it's not safe tho, you can get targeted anytime, even with low value loads.

Tekota
The Freighter Factory
#8 - 2012-03-21 16:37:50 UTC
Well 40b is definitely a darn fine wage so I stand corrected in that you can indeed do very well in hauling.

Cigarette packet maths though:
If we call Red Frog's fees a flat 400,000isk per jump (to attempt to accomodate the initial 500k pickup fee) then to earn 40 billion isk we're talking about 100,000 (likely freighter) jumps. To do that in a year works out at 273 jumps per day, every single day. All I can say is that I'm glad there are others who have the patience for such work and they deserve every penny they get!
Aurel Svenson
Cyclone Solutions
#9 - 2012-03-21 18:19:51 UTC  |  Edited by: Aurel Svenson
You'll make more money finding trades and carrying them out than doing courier contracts, though you accept greater risk. On my hauler character 1M/jump wasn't unreasonable in an industrial. If you're good at it you will do well.

And bigger is not always better in a hauler, some of the best money I ever made hauling was with small fast ships (though with sufficient skill you get access to the stealth Transport Ship which is decently big, extremely fast, and with cloaking skills very hard to target.) It's also much less boring than freighter hauling.
Adunh Slavy
#10 - 2012-03-21 19:23:19 UTC
Aurel Svenson wrote:
... some of the best money I ever made hauling was with small fast ships ...



Yep, do it when you're young on SP too, getting poded flying things in and out of NPC null sec is a lot less risky when your clone doesn't cost you millions ISK.

Necessity is the plea for every infringement of human freedom. It is the argument of tyrants; it is the creed of slaves.  - William Pitt
DoraTheExplora Taft
Hoover Inc.
Snuffed Out
#11 - 2012-03-22 00:07:20 UTC
From what I understand red frog doesn't take anything from their members so if you are happy with their way of doing things you might as well just join them. I don't know what the benefit of being independent would be as you would not get all the free press so to speak. Just real talk.
ItchyJuffoWup
Deep Core Mining Inc.
Caldari State
#12 - 2012-03-22 00:44:00 UTC
Another thing to think about as an independent hauler. You have to have contacts to make a profit. If you're just picking up random side jobs every now and then you can't expect much. I run as a hauler in my downtime for 1 company. i make decent isk when I do but it's not a constant income. I'll run courier jobs in highsec every now and then also, although the payouts aren't very good with the lack of cargo space i have. Where i make most of my money in hauling is in the market. I will make 10 jumps back and forth between regions and buy items that are in high demand at a low price and take them jita or another trade hub and put up a sell order. rarely do i just sell items outright. you should think about that unless you have a set contract with corps to haul for them constantly.

"Insert witty quote from some old dead poet here"
Red Frog Rufen
Red Frog Freight
Red-Frog
#13 - 2012-03-22 05:53:17 UTC
Tekota wrote:
Well 40b is definitely a darn fine wage so I stand corrected in that you can indeed do very well in hauling.

Cigarette packet maths though:
If we call Red Frog's fees a flat 400,000isk per jump (to attempt to accomodate the initial 500k pickup fee) then to earn 40 billion isk we're talking about 100,000 (likely freighter) jumps. To do that in a year works out at 273 jumps per day, every single day. All I can say is that I'm glad there are others who have the patience for such work and they deserve every penny they get!


well the 40b include tips (some very generous one) and black frog contracts too.

but i've done about 80k red frog PAID jump yeah, using multiple freighters at times (up to 5).

the difference with red frog vs public contract is the flow of contract. there's an average of 200 contracts per day to choose from, with a minimum rewards of 350k per jumps. there's no way to make that with public contracts or being independant, unless you find someone that will rely on you and only on you to move their stuff.

Lucinda Hamu
Doomheim
#14 - 2012-03-22 09:01:48 UTC
Red Frog Rufen wrote:
I use 5 ships


So is that 40bn shared over 5 accounts? So thats 8bn an account then? - Not as brilliant as it sounds (although still very good).
Vaerah Vahrokha
Vahrokh Consulting
#15 - 2012-03-22 10:57:40 UTC
Lucinda Hamu wrote:
Red Frog Rufen wrote:
I use 5 ships


So is that 40bn shared over 5 accounts? So thats 8bn an account then? - Not as brilliant as it sounds (although still very good).


One can earn 7B+ a year by ice mining with 1 ship and that's as low as it gets...

EvE Online portal | EvE markets tutorials
Stephen Fleck
Deep Core Mining Inc.
Caldari State
#16 - 2012-03-23 20:30:32 UTC
Red Frog requires you to have 2 accounts active to join btw.
Red Frog Rufen
Red Frog Freight
Red-Frog
#17 - 2012-03-25 11:02:40 UTC
Lucinda Hamu wrote:
Red Frog Rufen wrote:
I use 5 ships


So is that 40bn shared over 5 accounts? So thats 8bn an account then? - Not as brilliant as it sounds (although still very good).



yep, for mostly afk works.

the other character on the same account are not inactive either, you can complement that with research stuff.

Herping yourDerp
Tribal Liberation Force
Minmatar Republic
#18 - 2012-03-25 19:57:20 UTC
to be fair, if you do some basic PI stuff with said hauler alts you could make decent isk it seems.