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In logo design, there are five essential rules that serious graphic designers should follow. A common mistake among amateur designers is replacing a letter in the logo with a symbol or graphic, which can be detrimental. To illustrate this point, the tutorial references a British television show where contestants compete to work with a famous tycoon. In one episode, two teams developed branding for a baby food company. The resulting logo from one team failed to inspire confidence in the product, highlighting how poor logo design can negatively impact brand perception. Following established guidelines is crucial for effective logo creation.