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This video is a bonus to standardizing names in Excel. Steve Friedman from Rockstar Excel explains how to convert names into first initial last name format using the left function. Start with first and last names in separate columns, use the left function to extract the first initial, add a period and space, then include the last name. Fill this formula down to convert all names. If starting with this format and want to extract the last name, this tutorial provides an easy solution.