March Update - Industry

 In contrast to my Trading, my industry has had a much better month. Here is my net worth:

And here is the graph:

My current net worth is 8.4Bn ISK. That's an increase of 3.4Bn ISK or 132Mil/day.

That is a very good month. This is the first time I've broken 100mil/day and represents a 68% increase on my net worth since the end of Feb. I had revenues of 28.8Bn ISK this month, an extra 10Bn on last month which means my profit margin has been 11.8%, higher than last months 7.1% and a very healthy rate. Honestly I'm thrilled with this.

I've changed a few things this month to contribute towards that increase. I've continued to be quite aggressive with my sell orders to drive revenue which is clearly paying off. I've got better with reactions, buying extra formulae and adding reaction slots on my alt so now at any given time I'm running 8 reaction slots. I want to increase this to 20 and also balance out the outputs, as I'm building up a surplus of certain things at the moment. I react the inputs for Reinforced Carbon Fibre and then the RCF itself, selling that on the market. I've found that even though this final step doesn't add a huge amount of value in and of itself it sells really well.

I've also added an extra high sec character, who is still training but currently has 5 build slots. Once I get my extra reaction slots trained I'm going to add another null alt as well. I also want to buy a couple of mining barges and give that a go during off times, but I haven't got that far yet.

I feel like I'm getting better at keeping my slots busy which is very satisfying and keeps things moving at a brisk pace. I think the next major step will be getting on top of batching and buying materials in advance for better deals, real optimisation type stuff. We'll see how I get on. One thing I can say is 6 months in I'm just as enthusiastic about this as when I started, which is the most important thing!

Also I was on the Declarations of War podcast this week which was really cool. It hasn't been released yet but I'll make another post when they put it out.