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There are 300 million companies in the world today, each with its own brand. Creating a unique brand name is challenging due to the vast number of existing brands. To create a great brand name, start by selecting the type of name you want from the seven different categories. Eponymous names, like Disney and Burberry, embody the vision of their founders. Adidas is unique as it is derived from the founder's name, Addie Dassler, and Tesla pays homage to Nikola Tesla's achievements in electrical engineering. Descriptive names, like American Airlines and The Home Depot, work by clearly conveying the company's purpose.