Ok, so you've made your first million of gold or so now what can you do? Well, if your like me, than I want to make more gp, lol.
This chapter will show my personal little trick to turn you into a multi-millionaire in a matter of days!!
By now you should have figured out what item you personally like to sell and trade, and know the high and low prices of what this item sales for. In this next example I will tell you how I started a feather business, (I chose feathers to start with because this is how I first started making my money and I know this Runescape item (as far as how to push it) better than any other.
This plan will work with any item in the game providing that is has a generally demand. Some examples would be logs, iron, coal, steel, food items, etc. Please note that I am a member, therefore selling is a little easier since I can post the items I'm selling in the official Jagex Runescape Forums. F2P's may have better results with an Iron, Coal or Steel business.
The first step in creating your Runescape business is to decide how much you are willing to pay your workers.
How I figure this price is to go by the average price that the item sales for, and pay a little above it, but still below the high (the price that you will sell the item for.) In my feather business I currently pay 6 gp per each feather. I chose 6 because the current value of feathers in the free worlds is 5 gp each.
Paying above the "street" price allows workers to receive more gp from me ( the buyer) than anyone else, (most people are offering to buy for 1-3 gp, because they do not know that you can sell them for 10 gp to members.) This keeps the sellers/workers happy and also keeps them from selling to other players.
And as you have learned in Chapter 1, feathers can sell for 10 gp each to members. (If you are a free player view the FORUMS to find buyers!) This means that I currently profit 4gp per feather, which adds up very quickly when you are multiplying by 10,000 or higher!
Establish a Payment Plan
The second step is to lay out some kind of payment plan for your workers, basically when they will receive there paycheck. I currently pay my workers once a week, every Friday (unless I will not be able to be online, for some reason.) I have created a website for my workers, so that they can check when payments will be made.
The third step is to hire workers! This may sound hard, but trust me you can find many very quickly! Everyone is looking for money.The best way to find workers is to go the Varrock Bank and simply type "Hiring Workers, Pays Well, Add me to find out details!" When a person messages you then give them the info. The other spot to hire workers is of course the chicken farm (for feathers) Northeast of Lumbridge.
That concludes another chapter on how to get fast and easy money! Be sure to read the next chapter for even more juicy info!