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Business Name Ideas – How to pick your business name? – Ask Evan


hi I’m Evan Carmichael welcome to

hi I’m Evan Carmichael welcome to another edition of ask Evan in today’s

another edition of ask Evan in today’s

another edition of ask Evan in today’s episode I’m going to answer a question

episode I’m going to answer a question

episode I’m going to answer a question from one of my four members GT who was

from one of my four members GT who was

from one of my four members GT who was asking about naming a business we wrote

asking about naming a business we wrote

asking about naming a business we wrote what’s in a name how do you recommend

what’s in a name how do you recommend

what’s in a name how do you recommend the marketer goes about selecting an

the marketer goes about selecting an

the marketer goes about selecting an appropriate name what are the things to

appropriate name what are the things to

appropriate name what are the things to consider we’re talking about a business

consider we’re talking about a business

consider we’re talking about a business name narrow box saying I would create a

name narrow box saying I would create a

name narrow box saying I would create a video reply and we’ve had a whole range

video reply and we’ve had a whole range

video reply and we’ve had a whole range of different thoughts of people writing

of different thoughts of people writing

of different thoughts of people writing in and giving their thoughts on what you

in and giving their thoughts on what you

in and giving their thoughts on what you should come about you know creating name

should come about you know creating name

should come about you know creating name is important or not for me uh it’s a

is important or not for me uh it’s a

is important or not for me uh it’s a tough one I don’t think it honestly

tough one I don’t think it honestly

tough one I don’t think it honestly matters too much what you name your

matters too much what you name your

matters too much what you name your business for my case I was actually

business for my case I was actually

business for my case I was actually upset at the beginning when I was

upset at the beginning when I was

upset at the beginning when I was launching my company they haven’t

launching my company they haven’t

launching my company they haven’t comical calm when I first did it it was

comical calm when I first did it it was

comical calm when I first did it it was just to show where i was i just sold my

just to show where i was i just sold my

just to show where i was i just sold my company and I was doing a lot of

company and I was doing a lot of

company and I was doing a lot of speaking and helping a lot of

speaking and helping a lot of

speaking and helping a lot of entrepreneurs and I used my website just

entrepreneurs and I used my website just

entrepreneurs and I used my website just basically to talk about where i was

basically to talk about where i was

basically to talk about where i was going to be talking and what topics I

going to be talking and what topics I

going to be talking and what topics I was talking about and that’s why I

was talking about and that’s why I

was talking about and that’s why I started off my name so just wherever

started off my name so just wherever

started off my name so just wherever mirka was and then as I grew the

mirka was and then as I grew the

mirka was and then as I grew the business I thought you know that’s a

business I thought you know that’s a

business I thought you know that’s a time there was no revenue model

time there was no revenue model

time there was no revenue model associated with except speaking so as I

associated with except speaking so as I

associated with except speaking so as I grew and got more content got more

grew and got more content got more

grew and got more content got more people involved I thought man I really

people involved I thought man I really

people involved I thought man I really wish I named my company entrepreneur

wish I named my company entrepreneur

wish I named my company entrepreneur advice there entrepreneur tips or

advice there entrepreneur tips or

advice there entrepreneur tips or something like that with keywords in the

something like that with keywords in the

something like that with keywords in the name and people would really know what I

name and people would really know what I

name and people would really know what I did instantaneously and I kind of kicked

did instantaneously and I kind of kicked

did instantaneously and I kind of kicked myself later on for not thinking

myself later on for not thinking

myself later on for not thinking thinking about it back then because now

thinking about it back then because now

thinking about it back then because now all the all the good domain names are

all the all the good domain names are

all the all the good domain names are taken but then after I later realized

taken but then after I later realized

taken but then after I later realized that you know I’m building a brand here

that you know I’m building a brand here

that you know I’m building a brand here and a lot of people were curious about

and a lot of people were curious about

and a lot of people were curious about me and now I’m really grateful that I

me and now I’m really grateful that I

me and now I’m really grateful that I built it off of my name and people you

built it off of my name and people you

built it off of my name and people you know see the name and they get curious

know see the name and they get curious

know see the name and they get curious as to who was Evan Carmichael and what

as to who was Evan Carmichael and what

as to who was Evan Carmichael and what is this website all about and what does

is this website all about and what does

is this website all about and what does he have to say and so I’ve been able to

he have to say and so I’ve been able to

he have to say and so I’ve been able to transition my brand to being know me

transition my brand to being know me

transition my brand to being know me being more involved in doing a lot more

being more involved in doing a lot more

being more involved in doing a lot more marketing myself and doing the videos

marketing myself and doing the videos

marketing myself and doing the videos and all that stuff and so now I’m happy

and all that stuff and so now I’m happy

and all that stuff and so now I’m happy that I chose that name and I think

that I chose that name and I think

that I chose that name and I think whatever name you end up with it’s not

whatever name you end up with it’s not

whatever name you end up with it’s not going to matter to too much but I know

going to matter to too much but I know

going to matter to too much but I know people are you know advocating one way

people are you know advocating one way

people are you know advocating one way or the other and sometimes people get

or the other and sometimes people get

or the other and sometimes people get really passionate about it so I thought

really passionate about it so I thought

really passionate about it so I thought what might

what might

what might is to share some of what some famous

is to share some of what some famous

is to share some of what some famous entrepreneurs went through when picking

entrepreneurs went through when picking

entrepreneurs went through when picking their name and we we made a little

their name and we we made a little

their name and we we made a little infographic that was originally meant to

infographic that was originally meant to

infographic that was originally meant to go on facebook that we never actually

go on facebook that we never actually

go on facebook that we never actually published so this is kind of a sneak

published so this is kind of a sneak

published so this is kind of a sneak peek behind the scenes of something that

peek behind the scenes of something that

peek behind the scenes of something that that might come on facebook soon we

that might come on facebook soon we

that might come on facebook soon we haven’t we haven’t done it yet and it’s

haven’t we haven’t done it yet and it’s

haven’t we haven’t done it yet and it’s basically about how to pick a name for

basically about how to pick a name for

basically about how to pick a name for your business and how famous some pros

your business and how famous some pros

your business and how famous some pros have done it themselves so I’ll quickly

have done it themselves so I’ll quickly

have done it themselves so I’ll quickly load up the graphic behind here and so

load up the graphic behind here and so

load up the graphic behind here and so this is it so it’s neat a company name

this is it so it’s neat a company name

this is it so it’s neat a company name and I’ll just move that out of the way

and I’ll just move that out of the way

and I’ll just move that out of the way so these are different ways of famous on

so these are different ways of famous on

so these are different ways of famous on Turner’s have done it so the first one

Turner’s have done it so the first one

Turner’s have done it so the first one is George Eastman and your number one

is George Eastman and your number one

is George Eastman and your number one strategy is make up a new word so

strategy is make up a new word so

strategy is make up a new word so Eastman founded Kodak and in his view

Eastman founded Kodak and in his view

Eastman founded Kodak and in his view the name must mean nothing if the name

the name must mean nothing if the name

the name must mean nothing if the name has no dictionary definition then it

has no dictionary definition then it

has no dictionary definition then it must be only associated with your

must be only associated with your

must be only associated with your product I devised the name myself the

product I devised the name myself the

product I devised the name myself the letter K has been a favor with me it

letter K has been a favor with me it

letter K has been a favor with me it seems strong incisive sort of letter

seems strong incisive sort of letter

seems strong incisive sort of letter they became a question of trying out a

they became a question of trying out a

they became a question of trying out a great number of combinations of letters

great number of combinations of letters

great number of combinations of letters that made words starting and ending with

that made words starting and ending with

that made words starting and ending with K so we want to k at the beginning and K

K so we want to k at the beginning and K

K so we want to k at the beginning and K at the end so we came up with Kodak and

at the end so we came up with Kodak and

at the end so we came up with Kodak and it’s true Kodak doesn’t mean anything

it’s true Kodak doesn’t mean anything

it’s true Kodak doesn’t mean anything and when you think Kodak that’s the only

and when you think Kodak that’s the only

and when you think Kodak that’s the only definition so that’s how he came up with

definition so that’s how he came up with

definition so that’s how he came up with the name number to flip a coin so bill

the name number to flip a coin so bill

the name number to flip a coin so bill hewlett dave packard there from the the

hewlett dave packard there from the the

hewlett dave packard there from the the founders of hewlett-packard they their

founders of hewlett-packard they their

founders of hewlett-packard they their names were Hewlett and Packard and they

names were Hewlett and Packard and they

names were Hewlett and Packard and they you know flip the coin to the side whose

you know flip the coin to the side whose

you know flip the coin to the side whose name would go first and park we actually

name would go first and park we actually

name would go first and park we actually won the toss but decided to let his

won the toss but decided to let his

won the toss but decided to let his friend hewitt Hewlett get the name at

friend hewitt Hewlett get the name at

friend hewitt Hewlett get the name at the start so became hewlett-packard so

the start so became hewlett-packard so

the start so became hewlett-packard so again here you know has nothing to do

again here you know has nothing to do

again here you know has nothing to do with the products or companies the

with the products or companies the

with the products or companies the products that they’re selling which can

products that they’re selling which can

products that they’re selling which can help you as you evolve your your

help you as you evolve your your

help you as you evolve your your business you know you can get into

business you know you can get into

business you know you can get into different product lines where if you you

different product lines where if you you

different product lines where if you you know are only called you know Jonathan’s

know are only called you know Jonathan’s

know are only called you know Jonathan’s microphones then if microphones go

microphones then if microphones go

microphones then if microphones go obsolete or you know if your bills

obsolete or you know if your bills

obsolete or you know if your bills typewriters know typewriters might go

typewriters know typewriters might go

typewriters know typewriters might go obsolete so your business might have to

obsolete so your business might have to

obsolete so your business might have to change where if you have it around your

change where if you have it around your

change where if you have it around your name or a name that doesn’t know mean

name or a name that doesn’t know mean

name or a name that doesn’t know mean anything you can always evolve your

anything you can always evolve your

anything you can always evolve your brand

brand

brand the next one here is Richard Branson so

the next one here is Richard Branson so

the next one here is Richard Branson so his was have fun with it so when he

his was have fun with it so when he

his was have fun with it so when he started this company he asked the people

started this company he asked the people

started this company he asked the people who are working with him what do you

who are working with him what do you

who are working with him what do you think the company should be called and

think the company should be called and

think the company should be called and they said since we’re complete virgins

they said since we’re complete virgins

they said since we’re complete virgins at the business let’s call it that

at the business let’s call it that

at the business let’s call it that virgin and that’s how the in virgin came

virgin and that’s how the in virgin came

virgin and that’s how the in virgin came about so again virgin could be anything

about so again virgin could be anything

about so again virgin could be anything and he’s been able to apply that name

and he’s been able to apply that name

and he’s been able to apply that name across so many different companies and

across so many different companies and

across so many different companies and people just associate the name virgin

people just associate the name virgin

people just associate the name virgin with lots of different industries and

with lots of different industries and

with lots of different industries and specifically the Richard Branson so

specifically the Richard Branson so

specifically the Richard Branson so again he’s not tying himself into one

again he’s not tying himself into one

again he’s not tying himself into one particular product or service the next

particular product or service the next

particular product or service the next one is be trendy this is akio morita who

one is be trendy this is akio morita who

one is be trendy this is akio morita who is a founder of Sony and when he first

is a founder of Sony and when he first

is a founder of Sony and when he first started this company Sony it was called

started this company Sony it was called

started this company Sony it was called Tokyo telecommunications engineering

Tokyo telecommunications engineering

Tokyo telecommunications engineering corporation so it was you know really

corporation so it was you know really

corporation so it was you know really long and he wanted something short and

long and he wanted something short and

long and he wanted something short and quick and he combined the word sonus

quick and he combined the word sonus

quick and he combined the word sonus which was latin for sound with Sonny Boy

which was latin for sound with Sonny Boy

which was latin for sound with Sonny Boy which was a popular trend the word at

which was a popular trend the word at

which was a popular trend the word at the time it was to describe a young

the time it was to describe a young

the time it was to describe a young person and he combined them to create

person and he combined them to create

person and he combined them to create sony and that’s what the name sony came

sony and that’s what the name sony came

sony and that’s what the name sony came from so again i have made up word

from so again i have made up word

from so again i have made up word something that was hopefully trendy at

something that was hopefully trendy at

something that was hopefully trendy at the time and had some kind of meaning

the time and had some kind of meaning

the time and had some kind of meaning with the sonus and again sony’s been

with the sonus and again sony’s been

with the sonus and again sony’s been able to branch out a whole bunch of

able to branch out a whole bunch of

able to branch out a whole bunch of different products and services you can

different products and services you can

different products and services you can use an acronym so this is how Yahoo got

use an acronym so this is how Yahoo got

use an acronym so this is how Yahoo got started so Yahoo stands for yet another

started so Yahoo stands for yet another

started so Yahoo stands for yet another hierarchical officious Oracle so that’s

hierarchical officious Oracle so that’s

hierarchical officious Oracle so that’s the official name of Yahoo where it came

the official name of Yahoo where it came

the official name of Yahoo where it came from and since yeah who was already

from and since yeah who was already

from and since yeah who was already trademarked as a BBQ sauce they had to

trademarked as a BBQ sauce they had to

trademarked as a BBQ sauce they had to add the excellent ! at the end of it so

add the excellent ! at the end of it so

add the excellent ! at the end of it so you know original is Jerry’s guide to

you know original is Jerry’s guide to

you know original is Jerry’s guide to World Wide Web but we settled on yahoo

World Wide Web but we settled on yahoo

World Wide Web but we settled on yahoo it was a pretty recognizable name so

it was a pretty recognizable name so

it was a pretty recognizable name so they originally called it around his

they originally called it around his

they originally called it around his name so no Jerry’s guide to a world wide

name so no Jerry’s guide to a world wide

name so no Jerry’s guide to a world wide web and then they decide to use an

web and then they decide to use an

web and then they decide to use an acronym so again yahoo doesn’t

acronym so again yahoo doesn’t

acronym so again yahoo doesn’t necessarily mean anything has a you know

necessarily mean anything has a you know

necessarily mean anything has a you know connotation of you know being fun and

connotation of you know being fun and

connotation of you know being fun and exciting but it stands for you know the

exciting but it stands for you know the

exciting but it stands for you know the the yeh oo stands for something so they

the yeh oo stands for something so they

the yeh oo stands for something so they using acronym again let some branch jump

using acronym again let some branch jump

using acronym again let some branch jump to the whole bunch of different areas

to the whole bunch of different areas

to the whole bunch of different areas next one be meaningful so this is from

next one be meaningful so this is from

next one be meaningful so this is from phil knight you started nike so you want

phil knight you started nike so you want

phil knight you started nike so you want to change the name as original company

to change the name as original company

to change the name as original company name was brutally ribbon sports and you

name was brutally ribbon sports and you

name was brutally ribbon sports and you want to name it something else

want to name it something else

want to name it something else and his favorite company name was

and his favorite company name was

and his favorite company name was dimension six but his team didn’t like

dimension six but his team didn’t like

dimension six but his team didn’t like that name so they decided to you know

that name so they decided to you know

that name so they decided to you know come up with another name and came up

come up with another name and came up

come up with another name and came up with Nike which is the Greek goddess of

with Nike which is the Greek goddess of

with Nike which is the Greek goddess of victory and initially he didn’t like the

victory and initially he didn’t like the

victory and initially he didn’t like the name he thought you know he wanted to go

name he thought you know he wanted to go

name he thought you know he wanted to go with dimension six but he was managed to

with dimension six but he was managed to

with dimension six but he was managed to be convinced that Nike was a better name

be convinced that Nike was a better name

be convinced that Nike was a better name and so that stuck imagine of Nike was

and so that stuck imagine of Nike was

and so that stuck imagine of Nike was called Blue Ribbon sports or dimension

called Blue Ribbon sports or dimension

called Blue Ribbon sports or dimension six and again they’ve been a little

six and again they’ve been a little

six and again they’ve been a little bright child to whole bunch of different

bright child to whole bunch of different

bright child to whole bunch of different products and services too and then the

products and services too and then the

products and services too and then the last one just for this one here the

last one just for this one here the

last one just for this one here the quick seven tips look up definitions so

quick seven tips look up definitions so

quick seven tips look up definitions so this is where Twitter came from so

this is where Twitter came from so

this is where Twitter came from so Twitter was hatched from a day-long

Twitter was hatched from a day-long

Twitter was hatched from a day-long brainstorming session between the three

brainstorming session between the three

brainstorming session between the three founders Jack Dorsey Evan Williams biz

founders Jack Dorsey Evan Williams biz

founders Jack Dorsey Evan Williams biz stone and they actually began the

stone and they actually began the

stone and they actually began the company without having a name so one of

company without having a name so one of

company without having a name so one of the quotes here the working name was

the quotes here the working name was

the quotes here the working name was just status for a while it actually

just status for a while it actually

just status for a while it actually didn’t have a name we’re a name we’re

didn’t have a name we’re a name we’re

didn’t have a name we’re a name we’re trying to name it so I need to add a

trying to name it so I need to add a

trying to name it so I need to add a capital W there we came across the word

capital W there we came across the word

capital W there we came across the word Twitter and it was just perfect the

Twitter and it was just perfect the

Twitter and it was just perfect the definition was a short bursts of

definition was a short bursts of

definition was a short bursts of inconsequential information that’s the

inconsequential information that’s the

inconsequential information that’s the definition of a Twitter and chirps from

definition of a Twitter and chirps from

definition of a Twitter and chirps from birds and that’s exactly what the

birds and that’s exactly what the

birds and that’s exactly what the product was so they looked up meanings

product was so they looked up meanings

product was so they looked up meanings of the name different definitions and

of the name different definitions and

of the name different definitions and came up with the word Twitter so you

came up with the word Twitter so you

came up with the word Twitter so you know I don’t think that it really

know I don’t think that it really

know I don’t think that it really matters to too much what your company

matters to too much what your company

matters to too much what your company name is I know something you guys might

name is I know something you guys might

name is I know something you guys might disagree and looking at how these famous

disagree and looking at how these famous

disagree and looking at how these famous entrepreneurs came up with the name for

entrepreneurs came up with the name for

entrepreneurs came up with the name for themselves you’ll see that its range

themselves you’ll see that its range

themselves you’ll see that its range from a whole bunch of different options

from a whole bunch of different options

from a whole bunch of different options and again a lot of times the name

and again a lot of times the name

and again a lot of times the name doesn’t actually mean to too much but

doesn’t actually mean to too much but

doesn’t actually mean to too much but hopefully gives you guys some food for

hopefully gives you guys some food for

hopefully gives you guys some food for thought and sneak peek at an infographic

thought and sneak peek at an infographic

thought and sneak peek at an infographic that might be heading your way soon on

that might be heading your way soon on

that might be heading your way soon on our Facebook page so thanks for your

our Facebook page so thanks for your

our Facebook page so thanks for your time if you guys liked the video please

time if you guys liked the video please

time if you guys liked the video please give it a thumbs up below I always

give it a thumbs up below I always

give it a thumbs up below I always appreciate seeing those thumbs ups come

appreciate seeing those thumbs ups come

appreciate seeing those thumbs ups come in and it makes me want to do more of

in and it makes me want to do more of

in and it makes me want to do more of these videos for you guys and if you

these videos for you guys and if you

these videos for you guys and if you have a comment about this if you want to

have a comment about this if you want to

have a comment about this if you want to share how you came up with your name or

share how you came up with your name or

share how you came up with your name or if you have a question you want me to

if you have a question you want me to

if you have a question you want me to answer please leave a comment under the

answer please leave a comment under the

answer please leave a comment under the video and I’ll definitely check it out

video and I’ll definitely check it out

video and I’ll definitely check it out so thank you and we’ll see you on the

so thank you and we’ll see you on the

so thank you and we’ll see you on the next episode

”

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