King bell
VIP Contributor
The time it takes to make money would depend on what it is you're selling, and how much you're able to sell. If you're a part of a successful corporation, your time making money would be different than if you were an independent entrepreneur. Like anything else in life, the amount of time it takes to make money can vary based on many factors such as luck and personal aptitude. The following outlines the factors to consider if you're looking for a more accurate time frame.
1. Sales Volume and Pricing
A corporation that sells billions of ISK worth of goods per month will make hundreds to thousands of dollars per month in profit. This depends on the corporation's ability to sell in high volume and at a decent margin. If they are selling in huge volume, this means they have a competitive advantage over their competitors, who have lower quality goods or are selling at higher prices than they should be. The pricing of goods is highly competitive, as many people are fighting for similar buyers.
2. Margins and Expenses
How much profit a corporation manages to make is often less than 10% of the amount actually made. This is because of expenses like employee salaries, marketing, advertising, and anything else that is needed to keep the corporation running.
3. Time Commitment
The amount of time it takes for a corporation to start making money depends on the type of goods they are selling and how much they're able to sell in the first month. If they are selling items that require a lot of input from their employees, such as ships or modules, then their time period will be significantly larger than if they were selling only T1 items.
1. Sales Volume and Pricing
A corporation that sells billions of ISK worth of goods per month will make hundreds to thousands of dollars per month in profit. This depends on the corporation's ability to sell in high volume and at a decent margin. If they are selling in huge volume, this means they have a competitive advantage over their competitors, who have lower quality goods or are selling at higher prices than they should be. The pricing of goods is highly competitive, as many people are fighting for similar buyers.
2. Margins and Expenses
How much profit a corporation manages to make is often less than 10% of the amount actually made. This is because of expenses like employee salaries, marketing, advertising, and anything else that is needed to keep the corporation running.
3. Time Commitment
The amount of time it takes for a corporation to start making money depends on the type of goods they are selling and how much they're able to sell in the first month. If they are selling items that require a lot of input from their employees, such as ships or modules, then their time period will be significantly larger than if they were selling only T1 items.
