How to Choose a Name for Your Business

I often get asked, "Pat, how important is it on what I name my company?" Or even, "How do I go about naming my business?" Here’s what you need to know, just as important it is on what you name your kid one day, or maybe you already have, it's just as important on what you name your company because that's how people will see that company or the name for the rest of its life or career. Episode #316 How to Choose a Name for Your Business. Subscribe to Valuetainment: bit.ly/2aPEwD4
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Time stamps:
00:41 How parents name their children
How to name your company/brand:
00:56 -#1. Choose two words
1:24 #2. Use made up words
1:39 #3. Go based on the meaning in different languages
1:54 #4. Crowd source it
2:16 #5. Use your name
2:50 #6. Use an acronym
2:59 #7. Make it explanatory
3:24 #8. Do research before you launch your company name
Things to Avoid:
4:07 #1 Sensitivity
4:44 #2 Legal issues (hire lawyers)
4:55 #3 Picking a name that's too long
Valuetainment Posting Schedule:
Monday- Motivation for Entrepreneurs
Tuesday- How to Video with Patrick Bet-David
Wednesday- Life of an entrepreneur vlog
Thursday- How to Video with Patrick Bet-David
Friday- Case Studies with Biz Doc Tom Ellsworth
Saturday- Guest Contributor
About Valuetainment: This channel is about providing a hybrid of information and education for entrepreneurs. Every video is created with a purpose of providing value and entertainment, hence Valuetainment.
Patrick Bet-David, the creator of this channel has decades of experience, unique perspectives and experience that he wants to give back to the world of entrepreneurs. Why? Patrick Believes that 100 percent of the worlds problems can be solved by entrepreneurs. He is also an active CEO and leads a financial services sales force of over 3,000 agents across the U.S.
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[@VALUETAINMENT]

Share your thoughts with Patrick Bet-David by texting 310.340.1132 or click here my.community.com/patrickbetdavid

[@josefinasolorzano3784]

Kudos for the Video! Sorry for the intrusion, I am interested in your initial thoughts. Have you heard the talk about - Nanmily Domain Demythification (search on google)? It is a great exclusive product for finding success and profit using this online traffic source minus the headache. Ive heard some incredible things about it and my work buddy at very last got cool success with it.

[@OlimpiaSobota]

That stress when you've already chosen the name for startup and you see this video published... and then the relief - after watching - that you've picked a good name...! Thank you, Pat, for such a valuable content! xx

[@TellitTay]

Oli Caroline Lol same!!

[@inyango9055]

I just felt so good after watching this lol.

[@gabrielstorti1]

Patrick, it's so funny that I actually went through this entire process to pick out my company's name. Thanks for making these concepts as clear and as simple as possible. Great video.

[@ninomk1037]

wow, for real, from all the videos about naming your business ive seen, this is 0 bullshit video, straight to the point and everysingle word and specially Examples were valuable. GREAT video man, thanks a lot!

[@CarolinSoldo]

I think what you said about research and associations is so important - our brains have such a complex wiring system, and it is so important to keep these historical triggers and implications in mind when choosing a business name. Great video!

[@glenbhimani2302]

Very true about choosing a company name, when i first opened i named it Bhimani Protective Services. A short month later we renamed the company to BPS Security and people loved it, it was easy to remember and say. And our name is also part of our logo we never use ot by itself.

[@St3fanND96]

thank you pat. 100% content, no filler. great video and very useful tips!

[@Inventicity]

What's your favorite word? Your favorite words say a lot about what's important to you and about who you are, so it might be a good idea to use your favorite words in you company name! (But it depends of course.)

[@jasonbean7296]

Cecilia Elise Wallin • Clear-eyed Entrepreneur, my one word is, "encourage". I chose it easily, urged on by Evan Carmichael. as I have trained over 3 dozen men in pro tree climbing, I learned how much more important it is to encourage than to criticize.:)

[@Inventicity]

Jason Bean Yes, that's en excellent choice. "Encourage" is a word I love too. We should all encourage each other to do our very best! Criticizing does no good, though concise feedback embedded in encouragement often is very helpful! I haven't climbed in trees since I was a child so I'm just about to check out your channel in hope of finding some impressing tree-climbing videos! 🙂

[@divakarkeshava9444]

Cecilia Elise Wallin • Clear-eyed Entrepreneur - for help in naming - m.facebook.com/story.php?story_fbid=1611132795573367&substory_index=0&id=1010394325647220

[@Sharlenestudzy-more]

Love this video... I love how you just got straight to the point...it definitely help me out.

[@teppanyakilifewithchefninj52]

The timing for this video it perfect! I needed this :) Thanks PBD!

[@motazabu-gharbia958]

so your videos became the number 1 to hear while cooking :) I know this is not how you intent people to use them, but will give you a hint how they helped in couple of years ;)

[@ridig2915]

Tip : You can also use a name that has two parts (but not too long) with the same first letter or the two parts should rhyme for example "Coca-Cola" they used the same first letter and rhymed. The reason for this is that the brain remembers it better.

[@jentaylor8220]

Pat, this was so helpful! Will be scratching off names in my planner after watching this

[@moto4381]

The way he said "Leg godt" was gold 😂 good effort though 🇩🇰

[@husimespinoza]

Deep and practical at the same time. Great content as usual :)

[@stargazeronesixseven]

Thank You So Much for your Efforts & for Sharing! Stay Safe & World Peace! 🌍🌷🕊

[@maheshkamble9585]

Amazing Video, very crisp and concise, keep it up David Sir. Love from India.

[@NitrousDiecast]

Great video! I went through a lot of the issues you discussed in coming up with my channel name too, eventually I would like to make it into a business... I love your videos!

[@slowmocitizen1939]

Priceless as always, thank you Pat :D I have a question, in a sale business ( bakery for example ) should i be in the front showing everyone that i own the business ( knowing that i don't interact with the customers, i have workers in the shop ) or should i stay and work in the shadows, and only interact with individuals for business opportunities ?

[@cristiansilva1926]

amazing as always, thank you Pat!

[@wealthtv6375]

Great value as always.

[@jamesgoddard7568]

Just finished my exams for 3 months and ready to build! I have to begin execution because I truly want to allow myself to be labelled as a teenage entrepreneur!

[@twinklemaraam4804]

Thanks a lot I was waiting for this

[@millanpoudel6197]

the best channel in KZbin till now for me. Thanks a lot .

[@VALUETAINMENT]

+Millan Poudel 🙏

[@anthonypietrobono6178]

I didn't take this seriously at all when i started my business. I just chose "Advanced Physiques" because it was also the same initials as my first and last name. I also didn't take my business seriously at all when i started it, but here we are now! I'm glad I chose it. Great video Pat.

[@VALUETAINMENT]

+Anthony Pietrobono there you go. Each name has a story behind it.

[@fernandorocha7528]

Very important topic that is a lot of times overlooked. Thanks Pat, awesome advice as always.

[@VALUETAINMENT]

+Fernando Rocha 👍🏼👊🏼

[@edordoromeo3544]

straight to the point thank you

[@Schultz82]

Meaningful with impactful message behind it

[@MartinFlicks]

Just renamed my company because the name was taken. Should of Did my research first. Hope the new name really grows on me!!

[@wilsonsanchez7154]

Love your videos!❤️

[@Kevin-jc1fx]

Great value right there. Thanks.

[@benfeltus7883]

The founder such a great movie, 99 house is a good one too, definitely watch it!!!

[@lostfox5124]

I swear he called it the wolksvagen

[@CraigCatapano]

Hey Pat, what happened to the subscribe pillow? great video as always

[@muyiwaosifuye2231]

Nice talk David. Can we also reflect on scores of successful businesses which names on their own mean nothing? We must remember that the perception in the eyes of consumers and the public goes a long way about a business. The coinage of a name may simply be an additional boost. Many examples are abound. Just look around. So we shouldn't over flog it. Get a good product out there. Sustain a good culture and your business will be remembered for that... Start your business

[@juanantonioquiroz9570]

Pat, I would like to build on your "how to start a business for under $500" episode. Naming a service-oriented business with the desired market in mind is an option. Mentioning so will add value to this video. It builds on your principle of specification; narrowing and focusing on a target market/industry. For example, National City Notary or Del Mar Detailing. Respectfully, -JQ

[@chiezhounggoh9444]

cool pillow patrick !! so far this is the best.

[@mslolit88a]

Where can I find the date that some business/company was created? Thank you!

[@markuspatzer8658]

Always you get value from Valuetainment videos great- thank you ! I see some websites have one domain having multiple serps listings like tiffany rings (ecommerce cazegory pages) or websites with multiple blog topics have category pages and get multiple serps listings. is category pages a good way to achieve this goal? or having you name with multiple similar domains (smaller one topic sites) like this; namemedia (podcasts and videos) nameguides (articles, guides) namequotes (quotes, notes) nameblogs (multiple topic blogs) What do you think it's best ? Multiple domains will be more of work and costs...one domains is easier to handle. Have a nice day to all !

[@ajcld0087]

Keep going, i am 18 and i am going study management and one day i wanna have a company and for now i am absorving all information and getting educated from you thanks bro!

[@VALUETAINMENT]

+AJC 99 👍🏼👊🏼

[@ajcld0087]

I still dont know, first i want to work as a management in a company and learn a lot before i build an one. But the company would be about finances ps: my english is bad, sorry xD

[@ajcld0087]

and you ?

[@ajcld0087]

But are you gonna take some degree ? cuz it gives you some advantage and good knowledge

[@ajcld0087]

that's cool

[@romeo5295]

Google has a meaning it's a number I believe but nonetheless thank you for the info

[@AdamMVlogHq]

they also go by Alphabet

[@dirbacke]

Are you thinking about Googol?

[@mitchparker7763]

haha good timing for this video. I just started my channel and to be honest I really don't like my name. Still trying to figure it out. Like your logical approach for this video, great stuff.

[@merg1mlol786]

Successful Minds Same

[@banahlee]

Dr Manhattan and Silver Surfer: The Matter Bosses I'm going to guess that his channel name is "successful minds".

[@mitchparker7763]

Feel free to send me some good channel names!

[@JerryWhoopX]

Successful Minds What is your channel all about? Personal development I guessed, but do you have niche?

[@mitchparker7763]

Hey hate, personal development & how to achieve financial freedom with a focus on working from your laptop. I spent a long time looking into online income and there was not really someone out there who gave, real advice. I'm trying to fill that void.

[@iceycoldyy7187]

Have always been wandering this for Years! found one Name but it doesn't mean important things Edit: I already knew most of these things by own experience!

[@xyeB]

Tell me the name

[@MrSalehovich]

i'm going to be honest, but when I read "Valuetainment" first time, I thought it stood for Value-Attainment.

[@DarcyCardinal]

The research part couldn't be stressed enough. I did come up with a name, only to find out that it has been taken (several times). I'm curious to know what services are available (not fiverr) for someone needing help in the naming department?

[@eilayyosfan4417]

This video is true true true and true! so smart thank you for that !

[@BromotheExplorerDog]

Love your content.

[@coachiwuaba514]

Great video like always.

[@jasonbean7296]

I named my tree care company, "Nature's Way Earth Care". I was inspired by the Spirit song and the idea that trees are part of nature. it was too long.

[@kittyXrebellion]

Jason Bean I like the name, but agree - it might be too long. How about Earth Cares or In Earth's/Mother's Hands or simply just Nature Cares

[@kaweesiernest7870]

Thanks Pat for thanks for the video like it so much coz its more on solving the current problem that I have, About Giving my company a name. I come from a Country where English is our official language but the have locals have Ethnic local Languages, My question is should my name be in the local language OR the English that is spoken officially.

[@robertesek9285]

Great video...Thank you..

[@user-cs4ot4yr3q]

Solid as always...

[@CHUCK3302]

Very helpful!!!

[@xModzDE]

I've noticed over the course of watching plenty of the videos on this channel, that you stress the skill of being able to sell (when you're not preaching Entrepreneurship) could you perhaps make an introductory video on the skill of sales? How do I convince the average person to spend their hard earned money on something that would benefit both me and the consumer. Thanks.

[@fuzzer714]

Thank you Pat

[@gsaiprathap]

You are gold Patrick ❤

[@abdelilahsbaai]

1:24 I know this is a detail that has nothing to do with the point, but Google actually means 1 with a hundred zeros after it. A large numbers reflecting the company's vision for organizing the Internet information.

[@karstenlingner4560]

Great video!

[@Themozartthug]

Just think, some kid out there named "Judis Adolf" just gave up on life

[@MomoBG2]

You should make a video setting goals for the "Notification Squad" and how they can help the channel grow :)

[@JoseBarahonajrab66]

'LEGO' is an abbreviation of the two Danish words "leg godt", meaning "play well". It’s our name and it’s our ideal.

[@bigchungus920]

No one names their kid Adolf. Hitlers parents: hold my beer

[@FirezAper46]

I think you missed the point...

[@pleasehelpizzi1771]

dude that's kind of the reason

[@fuzelmultani2290]

you provide real value

[@victoroidtmann5449]

Hi there! Would it be a good idea to make up a word and use it as a business name? I always think i shouldn't do this because people will not know what it stands for or how to pronounce it. Thanks a lot!

[@magicbuskey]

What is the board behind you and the type of markers/chalk? Thumbs up!

[@thiagoteixeira5816]

Hey! Valuetainment answered this question on this video watch?v=ibJAjemBq48&t=374s Search for "board" on the comment section

[@Israel10]

Awesome vídeo.. thanks..

[@shahdanawang1657]

never regret....thanks Pat....

[@monjier]

we spent hours trying to get our company name. But after some long hard research to see if any other company had the name and checking registries in my country we finally settled with Venatici, which derives from the latin word venaticus, meaning for hunting. so at our company we are trying to develop ourselves to become "hunters", so to speak. it's also quite easy to market as it sounds fancy like Versace. luckily for us it is real estate and not clothing

[@masterindisguises]

Trance Kowhai hard to remember!

[@monjier]

Mall Plugs Ernst Young, Deloitte, Price Waterhouse Coopers and KPMG are the 4 biggest financial firms in my country and none of these are remotely easy to remember. Fonterra, my country's largest dairy producer who owns 90%+ market share isn't exactly memorable either. Michael Kors, Tommy Hilfigre, Louis Vuitton... These are brands who are just names and easily forgettable. The name won't make them memorable, it's the marketting and whatever google decides is what will make the company memorable.

[@hancoxproductions]

thanks for the history lesson...

[@govindsinghbisht8622]

Sir thanks very much for giving me this information.. Sir I want open a General store and restodant in Uttrakhand India please suggest me a good name for grocery Store business..please

[@ssrt1243]

Love your videos Pat!

[@VALUETAINMENT]

+chessrunner much ❤️

[@vikrantc.358]

I have a question Should I start a business which has very small marlet

[@Siegfriedklughammer1]

Hi. It has being months finding a name of a company. Well. I believe that it is easy for a company that sells product. But I am confused to find a name for a company the sell a service. Kindly advise how to find a name for a company that will sell their service. Any suggestion of rules... Thank for your feedback. SK

[@thesuperdad]

Value here thanks man

[@peniscreis]

this guy is strong! i trust this guy!

[@omaririzarry3501]

I have a question I'm trying to register my business name. I have a domain already. But when I go register it ask me if is a fictitious name or llc. My business is a web design business.

[@rainamarie9353]

thank you Pat

[@olzman2]

hmm.. did I miss something? A pillow?? There was a new fancy pillow on the thumbnail :)

[@jamesrusso72]

All solid points

[@bryantmclean6205]

I’m having such a hard time with naming my fitness business. Any ideas where I can research ideas

[@christianlawu1793]

Same here, did you find something?

[@matheuscampello6281]

Awesome!!!

[@mlsteph3940]

Thanks for your video it awsome Actually i need ti look for a name since i want to start selling clothes

[@mohammedhashim7668]

Great video.

[@fsflfsfs]

Great video, really needed it but Google and Twitter are not made up words Patrick. Just that part allone threw me off for the rest of the video :S

[@cameronhunter1899]

Hey Pat, if I name my restaurant "Best Bagels In Town", and two other ones already have it, but they´re in the U.S (I´m from Germany) is it legal ?? Greetings from Germany

[@Schultz82]

I have the next big martial arts brand called the thestripesinme meaning stripes on a Taekwondo belt means progress to next level/rank

[@bartzdunekoutsorcing]

There is a German company called " Osram". They produce light bulbs. It was founded in 1906. In Polish language, Osram literally means " I will make shit on..." . When it came to Poland, people were making fun about it like crazy but surprisingly, the company stayed and is quite successful. People forgot : )

[@balancedinbeing]

Hey paat i just wanted to say that volks wagen means litteraly the nations car

[@reysultimix2675]

Just curious - Your thoughts on what the possibilities are of a future brand still to come that will top big giants like Amazon & Appel?

[@aleckane99]

I choose my company name to be: Japanese Auto Solutions because there is only one other company in the world with that name, we are now #1 on Google when you search Japanese Auto Solutions. although it is a long name, being the first one on Google ( without paying ) was important to me. What do you guys think?

[@spotontransportables5052]

Any business name can get first place on google if the actual business name is entered into the search bar, it's getting first place when people search for your industry type, field, category or industry that matters. Those who type in your actual business name probably already know about you.

[@danieldeandrade8736]

Great video amigo 😊🙂

[@inyango9055]

This is great

[@Sergeant_Blain]

Damn man, everything from this video to the mafia boss videos is very high quality! Thanks keep it going😉

[@bluntly3963]

Hey, Pat, I'm thinking for a long time now to start a business in college, printing cool things on t-shirts and I'm stuck with some company names like 1)Outrun, 2)Groove, 3)Stitch, 4)Hook's 5)Wild 6)Threads 7)Impossible! .Which one should I go for??

[@VALUETAINMENT]

+Karthik Onteddu what do each mean to you?

[@bluntly3963]

The word OutRuN: has my initials in it. But I feel this name doesn't serve the company's purpose of cool t-shirts. The rest are just "cool brand names" I came up with.

[@namanmakhija5274]

How good is the name Future Easy for my tech company that I am planning about?

[@dominigai4717]

thanks

[@RealEstatePhotographerPro]

Good information

[@shaquillefindley6441]

Too good for people

[@eldhojohn1355]

hi its great session,how can i find out the name i have choosen is really unique from a global database

[@gobinthiran]

Patrick do you script your content before capture Video?