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There are an estimated 300 million companies in the world today, each with its own brand. Creating a unique brand name has become increasingly challenging. To be successful in the name game, start by selecting what type of name you want. There are seven categories including eponymous names like Disney and Burberry which embody the founders' vision, descriptive names like American Airlines and The Home Depot, and unique names like Adidas derived from the founder's name. Tesla, although not created by Nicola Tesla, pays tribute to his engineering achievements. Brand names play a crucial role in setting a company apart in a crowded market.
