Is industry really worth it?

[Demon Apple]

I've already started when it comes to industry, got blueprints for destroyers and frigates, ships that most people like to waste and with that certain ship equipement, ammuntion, and even some planet resources yet I keep noticing that the price to by minerals at is normaly higher then what you get out of you product, so I decided to start mining for my own resources. After 10 runs I finally start seeing that I would bring in about 3 million worth of ore only to reprocess and produce 15k of larger antimatter hybrid charges and 10k of heavy missiles which I did the math after selling them and I got only 1.6 million isk from selling them. I turned 3 million isk into 1.5 million isk. Producing ships and copys of blueprints give you nothing as it seems at the moment that nobody needs that kind of stuff. With that you get more from the ore itself then you get selling the ship. I'am I doing something wrong, should I be doing something that I haven't or should I just quit and go do trading or mining to make isk. Anything would be appreciated.

[Perpetual Pilgrim]

I'm imagining you're in hisec. Out there, it could go either way, honestly. You have to carefully study and manage the markets and pick and choose what you get into. But if the market is saturated with the product you are offering, you won't make a profit without mining your own resources and, even then, you often will make more with the ore itself.
You have to stay on top of the market, and sometimes, control it by buying out the 'cheaper' competition if you can.
Also, for various things, the null sec markets tend to be very lucrative as it is easier, and often cheaper, to pay a huge markup in the region than to try to jump fits, ammo, and hulls into null.
Personally, I've found that producing products is really only worth it if you do popular munitions for a steady trickle of ISK and produce what you need for yourself and if you are mining the resources yourself.

If you're purely looking for straight(and easier) profit, I'd sell the ores or, if you can do so cheap enough, the minerals. Also salvage(more so than looting usually) can pay off big if you can get into the wake of VNI's or better(carriers and such) as they tend to leave their space trash and it tends to be a lot. A lot of fleets will even let you join specifically to clean up after them.

[Kodokuro]

To sell Tech 1 industry for iks is ♥♥♥♥.
fabricate Tech 2 to make better isk and have fun whit the logistics problems

[OncomingStormDW]

Umm, if i were you I would train my industry skills, and reprocessing skills, to make dealing with this stuff cheaper for myself, because while strategy is good and all, you can lower the amount of money you have to spend to make a profit, for example, right now. I mine about five runs a day of condensed scordite in my venture, I am currently saving my ore because I have no Idea what to ♥♥♥♥♥♥♥ do with it, however, I can get a better price if i can haul it to a system in low-sec where there is demand for this sort of thing to replace lost ships. However, I could simply make products cheaper, before hand, and reduce the investment to profit ratio, making such trips profitable.

[OncomingStormDW]

Also, Stay away from Jita, it is too competetive for someone doing their own industry without a corp.

[Harrison]

It's worth mentioning that minerals you mine yourself are not free, this is a popular misconception. You have to take into account the other things you could be doing in the time it takes you to mine the minerals that you need to build something.

It may be more profitable to run missions or rat and buy the minerals off the market than to take hours of time mining for little return. For example, with one char you could be making 60-80 million an hour running a single VNI ratting in null or in the same time frame 8-15 million an hour mining in high sec.

Mining is the one of the things that scales well. With 6 accounts, (4 miners, a booster, and a hauler) I can mine several hundred mil worth of minerals in a few hours. Granted, I could also put all of them into VNI's and be making several hundred mil an hour.

It's all about weighing the options.

All that said, it's also important to consider what you enjoy doing. If shooting rats is fun for you, do that and buy the minerals. If you enjoy mining, I find it calming personally, then do that.

[Nenne.]

The only free thing you have in Eve is PI.
In that you get ISK for doing nothing.
And there is good isk in it if you go high up in crafting chain.

Moon minning is also profitable...

[jnickol]

It completely depends on the amount of time you dedicate to training the proper skills, I live out in null for the most part but do most of my manufacturing in HS then jump the fruits of my labor back to null myself. I make stupid amount of ISK but it took me several years to find the right combination of goods that sell well in my region. I also own and run my own corp which helps tremendously, been doing the indi thing since 2003 and have more ISK than I will ever need.

To make indi really work for you, you need to join an indi corp that has a good game plan already in place or have multiple accounts like I do so you can do all the work yourself and in turn make all the ISK.