In Bryan's post (http://flippingplanet.com/forum/thre...g-Myths-Vol.-1) he talked about the following common myth:
I completely agree.MYTH #1: SITE FLIPPING IS BUILDING SITES AND THEN SELLING THEM
This is the main one and makes me giggle every time I see it. And I must say, I see it oh so often. There's even a countless number of e-books released that teach you how to "flip websites for profit", whereas in reality they teach you how to build them from ground up and then sell them - and hopefully profit. A little.
I'm not going into the debate of whether there's money to be made building and selling turnkey sites or not (those who know me know my position on this already), but I am going to say that this is NOT flipping. At least not in its traditional sense.
Flipping is - and has been for ages - buying something and then selling it for a profit.
I think the key issue and source of confusion/debate is that website 'flipping' has moved from its infancy into adolescence without a relative term ever been used to differentiate the act of creating a website from scratch as opposed to true site flipping, which is buying one and selling it for a profit.
I think a clear differentiation is needed to not only put the debate to rest, but also to acknowledge and define the parameters of two quite different activities at work:
Website Hatching: Building sites from scratch then selling them
Website Flipping: Buying sites and then selling it for a profit
Both variations may include some level of development, ongoing refining, seo, marketing etc before sale, but to me, at the heart of it is two simple definitions:
If you have built the site from scratch and sell it (at what ever stage) you are Hatching a website
If you buy an existing site and add value/perceived value to sell for a profit you are Flipping a website
*NOTE: To clarify and give som eof the posts in the thread context, I had originally proposed 'Scratching' as the term for describing making a site from scratch and selling it, after some good discussion, this has evolved into 'Hatching' a website.