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There are approximately 300 million companies worldwide, each with its own brand name, ranging from global giants like Apple and Coca-Cola to small one-person businesses. With such an abundance of brands, it's becoming increasingly difficult to create a unique name. To win the name game, follow three steps: first, choose the type of name you want from seven categories, such as eponymous names (like Disney and Burberry) that reflect the beliefs of the founders, or descriptive names (like American Airlines and The Home Depot) that clearly convey what the company does. adidas is a unique name derived from its founder, Addie Dassler, while Tesla pays homage to Nikola Tesla's electrical engineering achievements.
