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There are an estimated 300 million companies in the world today with a wide range of brands, from big names like Apple and Coca-Cola to smaller businesses. With so many brands, it's becoming increasingly difficult to create a unique name. To create a great brand name, start by selecting what type of name you want. There are seven different categories of names, including eponymous names like Disney and Burberry, which embody the vision of their founders, and descriptive names like American Airlines and The Home Depot, which tell you exactly what the company does. Adidas is a unique name derived from its founder, and Tesla is an homage to Nikola Tesla's achievements in electrical engineering.