This SMH article talks about people being able to start up an online business with very little capital. They talk about Krissi Harris's dog couture business Vicious Kitten and how she now has about 50 sales a week on eBay worth about $5000. Another online entrepreneur is Jennifer Rixon, who started selling plus size clothing on eBay. Her online shop is called Bargain Cave. The article says she holds 400 auctions a week worth around $5500.
The article also talks about the things you have to look out for when selling on eBay such as non-paying customers and the problems with giving customers a bad rating.
W: http://www.smh.com.au/articles/2004/06/11/1086749890733.html.