While there are plenty of books and courses on how to turn eBay into a full time job, Newsweek decrypts a comment from CEO Meg Whitman that 1.3 million members “make a living” from the site.

By their estimates, about 50,000 full-time sellers earn enough income to replace a typical salary (or more). The other 1.25 million earn significantly more than most of the auction site’s users, which makes me wonder if they’re hobbypreneurs. Full time eBay sellers have figured out how to drop ship or acquire overstock inventory that they can still sell at a markup. Hobbypreneurs on eBay tend to be artisans, craftmakers, and entrepreneurs who have figured out how to build a solid reputation in a niche.