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There are an estimated 300 million companies in the world today, each with a brand name. Creating a unique brand name is becoming increasingly challenging with the vast number of brands. To create a great brand name, you first need to select the type of name you want from seven different categories. Eponymous names like Disney embody the vision of the founder, while descriptive names like American Airlines tell you exactly what the company does. Unique names like Adidas, derived from the founder's name, and homage names like Tesla, paying tribute to Nikola Tesla, are also effective options.
