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There are approximately 300 million companies worldwide, each with a unique brand name. With so many brands, it can be challenging to create a distinctive name. To create a great brand name, start by selecting the type of name you want from one of seven categories. Eponymous names like Disney and Burberry embody the founder's vision, while descriptive names like American Airlines and The Home Depot clearly convey the business's purpose. Adidas is a unique example derived from the founder's name, Addie Dassler. Tesla pays homage to Nikola Tesla's achievements in electrical engineering.