Artisan Archive

Thread: Starting a resource mining corperation?

Faellyn
Fri Feb 27, 2004 11:32 am
#1

You'll have a lot of peeps offer to 'rent' you their lots...meaning that you provide the harvesters, then when the resources shift, you go find a new spot,you find them, hope they're not too busy, drag them across half the galaxy to pick up the harvys from the old loc and take 'em to the new one - then do it all again in a week. All the while paying them rent.


Take a hint from Nancy Reagan and Just Say No.


We have an insanely successful business running just the sort of operation you've described. I offer my partners guaranteed sales of all that they can provide me, and I buy from them at 90% of my selling price. I role is to stay on top of the resources shifts, coordinate the survey for the new locations (of about 2 dozen of us, only 4-5 actually have survey IV), and keep everybody notified by e-mail. Anyone that wants to be a part of it can go buy her own harvys, and be responsible for paying maintenance and re-deeding as necessary.


The hardest part is the knife-edge balance between supply and demand. Set your price too low, and you'll be slammed with tells offering to meet you and buy it all right NOW before a single unit ever gets to the vendor. Set your price just a little too high, and your suppliers will be offering and offering and offering while your sales lag. Next thing you know you've got 15 million units on your vendor. (I've personally been on both sides of this dilemna.)







The Jundland Juke Joint - on the shore of the Dune Sea
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Faellyn Omaraas
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Atreus47
Fri Feb 27, 2004 1:09 pm
#2

When I first met up with my partner, I had pocket change in the bank and my wind power business was failing. He's a master architect with some Merchant. He gave me some venture capital, a few BER4 harvs, and a promise to buy what I produced

Fast forward to today, I'm making good money. I'm not just selling to him but to other people as well. I have about 4 times as much money has he does. I'm sure a lot of that has to do with him spending money to grind through tailor, but it's pretty obvious that there's more money in selling resources then in finished products.

I think architect is especially bad because nothing decays. So, he's thinking about dropping architect and becoming a miner like myself. More money, less work, less skill points use, I can't blame him. I have another friend that's interested in working for us. He's a combat type but he wouldn't mind earning extra money from harvesting. We'd send him waypoints, he manages his own harvs and we'll buy what he sells for 2-3 cpu pending quality.

We'll have a bit of an advantage to start out because my partner and I both have survey 4, he has merchant, and as an architect he can make a fleet of harvs for us to use in our business. I'm good surveyer and I keep meticulous notes on the resources spawns on our server. This time I'm the one with a lot of vendure capitol, and between us we have a lot of resources to start out with.

So does anyone here have any experience with forming a mining corperation? How should it work, what are the best practices and what are the pitfalls to avoid?



Vastio
Elder Jedi Knight
ToranTT
Fri Feb 27, 2004 1:17 pm
#3

Our guild is sortof a co-operation, but internally to the guild there are three players including myself that harvest fusion power.


Since I have the most output from all my harvestors, and since I have merchant and I'm willing to commit the vendors, I sell the power. Everyone else sells their power to me, and I forward it on. This is better than everyone having their own vendor because it consolidates all the partial stacks into nice big stacks of 100k. It also means that the vendors are always full of power. Repeat visitors know they can find power there.


I now have something like 4.5m units of fusion power on three vendors (on three planets) and I juggle the power around to keep all vendors full of power.


Using vendors, I'm probably an exception rather than a rule for mining co-operations. Most co-ops seem to sell direct and rely on word of mouth in finding new customers and new orders. I know one guy on my server sells all sorts of resources for 2cpu, delivers them to the customers vendor, and has about 5 people working for him. He's always busy, and always in the money.


The larger the better for these co-ops, the big customers that you'll want are the ones that want to buy upwards of 500k at a time.





Aeroun Sunflier
Master Musician
Master Teräs Käsi
Imperial TIE Pilot
Kyrien
Mon Mar 15, 2004 8:49 am
#4

I'm an antisan working on mastering and getting in to DE and Architect.... I'm on Tatooine on the Starsider server, Is there any one interested in starting something like this up, or do you know of one I can join?


Kyrien

Artisan (4/4/4/4)

Novice Architech

DE (0/0/0/1)



Kyrien - Crafting Process Engineer
Wryrur - Big Furry Ranger

Kyrien's Crafting and Tools
Crafting, Repair & Survey Tools
Crafting Stations and Factories
Sparta Architecture Shop (-1864 -5810)
Startsider - Tatooine - Sparta
Jnath
Mon Mar 15, 2004 9:02 am
#5

Kyrien, Nice template


If you like we can talk about going into business together, I run outta the bestine area.





Jenar
Master Droid Engineer
Director - Cabal of the Toothy Maw
Cult of Sarlacc (Starsider)

"It's the accumulation of small pinpricks over time that causes one to bleed to death" -- Shian Tavkin, Master Droid Engineer/Master Artisan
Kyrien
Tue Mar 30, 2004 9:05 am
#6

Hey Jnath,


Are you still interested? I sent you an ingame email (to Jenar) But I don't know if you got it.



Kyrien

Artisan (4/4/4/4) almost master

Architect (1/4/3/1)

DE (0/0/0/3)

Starsider - Tatooine - in and around Anchorhead



Kyrien - Crafting Process Engineer
Wryrur - Big Furry Ranger

Kyrien's Crafting and Tools
Crafting, Repair & Survey Tools
Crafting Stations and Factories
Sparta Architecture Shop (-1864 -5810)
Startsider - Tatooine - Sparta
Jnath
Wed Mar 31, 2004 1:23 am
#7

hey, yeah i am. I put you on my friend list tryin to see when you were on. I have another character on SS so i may have been at that machine and missed your tell in the spam. I'll send you an in game email, its uhhhh...../looks around shiftily....more private.



Jenar
Master Droid Engineer
Director - Cabal of the Toothy Maw
Cult of Sarlacc (Starsider)

"It's the accumulation of small pinpricks over time that causes one to bleed to death" -- Shian Tavkin, Master Droid Engineer/Master Artisan
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