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How to Choose a Name for Your Business

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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: http://bit.ly/2aPEwD4 Visit the official Valuetainment Store for gear: https://www.valuetainmentstore.com/ 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. To reach the Valuetainment team you can email: [email protected] Follow Patrick on social media: Website: http://www.patrickbetdavid.com Snapchat: https://www.snapchat.com/add/patrickbetdavid Facebook:https://www.facebook.com/PatrickBetDavid.Valuetainment/ Instagram:https://www.instagram.com/patrickbetdavid/ Twitter:https://twitter.com/patrickbetdavid Linkedin:https://www.linkedin.com/in/patrick-bet-david-3731553
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Text Comments (260)
adarshmishra adarsh (2 days ago)
I wanna to run a YouTube channel for motivational speaker & business coach. .... My name is 'VIKRAM' so kindly provide me some unique name for my upcoming channel starting with my name. ..... Thanks! Warm wishes for you from INDIA.
Matt P (12 days ago)
Value here thanks man
Eamonn Higgins Emam (26 days ago)
Jude is a popular name in the UK. i.e. Jude Law.
Bastian Rivero (29 days ago)
My austrian grandpas name was adolf 😔
Explorer (1 month ago)
3:53 LMAO the most funny example I've seen heard/seen so far
John Smith (1 month ago)
Lovely Video! Sorry for the intrusion, I am interested in your thoughts. Have you thought about - Rozardner Successful Handyman Reality (erm, check it on google should be there)? It is a great one off product for how to start a handyman business without the headache. Ive heard some pretty good things about it and my work buddy finally got great results with it.
mustapha lrhrour (1 month ago)
Thanks for your video it awsome Actually i need ti look for a name since i want to start selling clothes
Jasmine Johnson (1 month ago)
I do transportation in my company's name is Jasmine's affordable transports do you know a way I can make this name shorter or make it better I also study psychology so I really wanted it to be something that has something to do with people please reply to my comment☺
skills200 (3 months ago)
Need help with my new company name. It is a graphic design firm that creates logos. Need something short and snappy (no more that 3 syllables). Can be nonsense or be related to design and graphic design. Any ideas?
Husim Espinoza (3 months ago)
Deep and practical at the same time. Great content as usual :)
MetalheadAndNerd (3 months ago)
You forgot one issue in point 4: If you publish your ideas for your name chances are that someone will grab related internet domains or even register a trademark on that name before you.
Meister SantanaTV (3 months ago)
all my desire domain name is unavailable. i will make my website name www.hipstermodelwithscoliosis.com
Bryant McLean (4 months ago)
I’m having such a hard time with naming my fitness business. Any ideas where I can research ideas
govindsingh bisht (4 months ago)
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
Fahad Matt (5 months ago)
are you showing us your cool baisps? lol
ShevRD (5 months ago)
the name of our business is Cordon Bleu..It corresponds with our mission statement
Hektor Valdes (5 months ago)
Kudos for the Video! Apologies for butting in, I am interested in your opinion. Have you researched - Rozardner Successful Handyman Reality (should be on google have a look)? It is an awesome one of a kind guide for how to start a handyman business without the headache. Ive heard some awesome things about it and my cousin finally got great success with it.
Akib Khan (5 months ago)
Hey brother I am Indian entrepreneur I solving ecommerce photo shoot problem but I can’t find good name for my software and I need .com CAn you suggest some good name bro
Luke Francis (6 months ago)
Hey Pat, I have started a motorsport Instagram account called motorist.official but I encountered some issues when I wanted to make a website and now I need to rebrand all over again. Do you think motorist is too vague? Regards, Luke
Gowtham The White Book (6 months ago)
Can i email you?? will you respond?? If yes, please give me your email id...
Adolfo Fernandez (6 months ago)
I also had a great help with this links: https://tinyurl.com/y775596s; https://tinyurl.com/y9d3bgno.
2X VERSNELD (7 months ago)
What number should i choose when i wanna start a tshirt business
Md Salim Badsha (7 months ago)
Can u please speak slow?
Prime Captain (8 months ago)
Appreciate Video clip! Forgive me for the intrusion, I would love your opinion. Have you considered - Rozardner Successful Handyman Reality (google it)? It is a good one off product for how to start a handyman business without the headache. Ive heard some incredible things about it and my old buddy Taylor at very last got great success with it.
Jennifer Stone (8 months ago)
This is one thing I can't seem to come up with.
Taranjeet Slatch (8 months ago)
Howz WeTheFashion #WTF name ?
Eldho John (8 months ago)
hi its great session,how can i find out the name i have choosen is really unique from a global database
YouTube YouTube (8 months ago)
Sergeant hookah
anlin durom (9 months ago)
How to name a resort I wanna start
Pramod Srinivas (10 months ago)
hi man I am Pramod a photographer in india i am searching a name for my company pls suggest start name  from Letter " N "
alejandrina hernandez (11 months ago)
There are several factors in running a woodworking business. One plan I found that succeeds in merging these is the Enata wood system (google it if you're interested) it's the most useful blueprint that I have ever seen. look at the unbelievable information.
Carolin Soldo (11 months ago)
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!
Tarun Singla (1 year ago)
sir, can we name our business with our domain name ....e.g. tarunsingla.com ...or any other domain name owned by us
Alex Pogrmic (1 year ago)
Cheers for the Video! Sorry for chiming in, I am interested in your initial thoughts. Have you tried - Rozardner Successful Handyman Reality (Have a quick look on google cant remember the place now)? It is an awesome one off product for how to start a handyman business minus the normal expense. Ive heard some awesome things about it and my m8 after many years got astronomical success with it.
Mike Navarini (1 year ago)
Selecting the right domain name for a startup business is fundamental. And if you’re wondering why, there are a number of reasons. Firstly, because a domain is one of the things that you won’t be able to change once it’s chosen (at least not without a lot of aggravation!). Secondly, because your domain will inevitably need to be your brand name, which means it will be a direct reflection of what your company stands for. You can find unique and brand-worthy ".Com" domain names with logos for your new business at www.namerific.com
Dhananjai Khilare (1 year ago)
hey Pat....Tell me the difference between the company name and branding name???
Ismaël GACEM (22 days ago)
+Gary Malone Jr great explanation thank you
Gary Malone Jr (21 days ago)
A company name or business name is usually the parent name to the brand name. But it also could be the same. The parent name is the name that is required by the states for tax purposes and doesn’t need to be publicly known. The brand name is the name that your “Doing Business As” (DBA). For example “TacoBell” is the brand name for a company called “Yum brands”.
Gabe McGuire (1 year ago)
Why do people always say Google is made up. It is the misspelling of the mathematical term, googol, which is 10^100 (1 followed by 100 0's).
Millan Poudel (1 year ago)
the best channel in YouTube till now for me. Thanks a lot .
Valuetainment (1 year ago)
+Millan Poudel 🙏
Felix 31701 (1 year ago)
Google has a meaning. It's stands for a very high number
Cameron Hunter (1 year ago)
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
Mohammed Hashim (1 year ago)
Great video.
Daniel Karim (1 year ago)
Hey Guys Looking for a Name for My Blog/Website ; its about me a digital nomad/Psychologist Content is about my creation of a holeistic practical psychology diciplin which involves food, exercise , Books Rezensions and Supplementents and Meditation ; i Plan to make Money of affiliations and my Owen eBooks/webinars Looking for a Hybrid beteten digital Nomad and psychology Andy Ideas? Sry for Spelling
Jacob Tran (1 year ago)
brand name don't fucking matter WTF IS COCA COLA? I TELL YOU WHAT MATTER IS THE FUCKING EXECUTION
Ben Wilson (1 year ago)
I agree with what you’re saying, but coca-cola actually has meaning... the original formula was a replacement for morphine. It included cocaine and the kola nuts at the time. They just changed the ‘k’ on kola to a ‘c’ to make it prettier.
Omar Irizarry (1 year ago)
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.
Lo La (1 year ago)
Where can I find the date that some business/company was created? Thank you!
Astrobum (1 year ago)
What do you think of Astrobum Pat? :P
Ak Sh (1 year ago)
Nasty gal!
Alex Mora (1 year ago)
Is an ABC a good name for a construction company name?
SMILEY ASSAM (1 year ago)
i want open a office (bank) . How to is prossible
Gabriel Storti (1 year ago)
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.
Alok Ranjan (1 year ago)
I am aiming to name my social media marketing agency ☆☆digital Mantra☆☆☆ as it is a Indian company it should look like
Jamar Martin (1 year ago)
Just renamed my company because the name was taken. Should of Did my research first. Hope the new name really grows on me!!
Matheus Campello (1 year ago)
Awesome!!!
Ruurd De Jong (1 year ago)
Im 15 years old and I want to read more books about building a business. Can you guys make a list for me?
Sibe Cute (2 months ago)
The millionaire fastlane
SirCircular Cube (4 months ago)
The richest man in babylon
Specologist (4 months ago)
4 hour work week - for real?
Colin Whitfield (5 months ago)
Ruurd De Jong best books; millionaire mind and 4 hour work week
Motaz Abu-Gharbia (1 year ago)
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 ;)
Sunny Dahiya (1 year ago)
buddy google and yahoo has a meaning - GOOGLE - Global Organization Of Oriented Group Language Of Earth YAHOO - Yet Another Hierarchical Officious Oracle
Hugh Johnson (1 year ago)
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
shaquille findley (1 year ago)
Patrick bet David is not a cool person
shaquille findley (1 year ago)
Too good for people
shaquille findley (1 year ago)
He's fake
WealthTV (1 year ago)
Great value as always.
Ron Harvey (1 year ago)
ok. here might be a good place to try this. My company name is Echelon Environmental. I am changing the focus of my service and thinking of re-naming. since i will be focused on compliance with Environmental, Health & Safety (EHS) regulations, I have come up with EchelonEHS as a new company name. Any comments or opinions? Thank you
Valuetainment (1 year ago)
+Ron Harvey it sounds like 2 names.
Romin Deeba (1 year ago)
Dear Patrick Bet David It would be extremely helpful if you done a hour long video on how to start up your business and to advertise it Your sincerely Rob Deeba
Thank You
Syman Filipe (1 year ago)
Hi :) Someone gave me an email to reach out to, I have already reached out and was wondering if you got my email ? thanks for your attention :)
Robert Green (1 year ago)
Who's here from Houston?
St3fanND96 (1 year ago)
thank you pat. 100% content, no filler. great video and very useful tips!
fuzzer714 (1 year ago)
Thank you Pat
Oli Caroline (1 year ago)
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
Hava Nagila (1 year ago)
One comment I'd like to add: don't choose a name on your own, but with a partner. Masterminding in this area makes sense.
Makarand Jadhav (1 year ago)
how do i know if the name i have decided for my company is already registered?
JOFFREY BARATHEON (1 year ago)
million ads through each video, paid books (not 2$, not 3-5$, not even 10$, but 15$), who the fuck are you bullshitting with that you are not trying to do money and like you have each day partnership with different people from Dubai, from lalalatralala. Say true, don't be like a fake virtue baby
Wambatore (1 year ago)
Names with Historical References can also be kickass, things like Tesla or Canon
Shaq Pearson (1 year ago)
Do one on logo and slogan please. Also what you think about bitcoin?
The timing for this video it perfect! I needed this :) Thanks PBD!
Jouni Osmala (1 year ago)
I would add to that list a misspelling of a word. Someone misspelled googol.
Buddy Carchide (1 year ago)
Such a great video. I have been trying to come up with a company name for several months now. No luck. The two I came up with are already taken, so I am at a mind block at the moment....
ByteCrash (1 year ago)
better be fast or competition leaving you behind
Craig Catapano (1 year ago)
Hey Pat, what happened to the subscribe pillow? great video as always
T L (1 year ago)
:)
James Goddard (1 year ago)
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!
People spend WAY too much time on this topic. Choose it and go, choosing a name is least of the worries lol
Doki Doki Hamburger Club (6 months ago)
Golden_Age_Bodybuilding that's why you'll never run a successful business
David Williams (1 year ago)
Kayles fragrances is what I go with
Vishal Mitra (1 year ago)
i am lookin a name for my company, targeting japanese market. shoud i focus on the japanese name or English word would work?
Vishal Mitra (1 year ago)
Yuuki Furugaki Thats focuced towards travelers and students of any age, but for combining two words eng+eng? jp+jp? or jp+eng what is better?
Yuuki Furugaki (1 year ago)
Vishal Mitra if its toward young ppl, go with english. We have tendency to think that english or western look/sound is cool. If its toward adult/elders go with japanese name. Just an opinion from japanese american :) hope it helps
Marvin Payne (1 year ago)
ok so i want to create a gaming lounge / restaurant for my neighborhood & i cant find a good name. something with gaming and food. 🤔. anyone?
Nitrous Diecast (1 year ago)
Marvin Payne take all the words that are associated with the key things you like, and also that would best portray the new business, then try combining them into a two word name... see how easy and memorable that name is after too.
Tm Son (1 year ago)
You should name something to do with chill/relaxation/comfortability/creativity
Bastian Rivero (1 year ago)
My grandfather was named Adolf xD
Askolin (1 year ago)
i want to start a company later (because im 17 atm) but the name is already taken by another company in my own country. If my company have nothing in common with the outher one, can i have the same name?
T K (1 year ago)
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
T K (1 year ago)
+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.
Master In Disguise (1 year ago)
Trance Kowhai hard to remember!
Bryeisha Richardson (1 year ago)
How about BibleWins?
Muyiwa Osifuye (1 year ago)
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
Juan Quiroz Jr. (1 year ago)
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
Karsten Lingner (1 year ago)
Great video!
Stiletto London (1 year ago)
Google was named after the number, Googol
Oleg Makarov (1 year ago)
But come on, why would you call a company by the name of a programming language?
xModzDE (1 year ago)
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.
Gobinthiran Kulendran (1 year ago)
Patrick do you script your content before capture Video?
Danail Irinkov (1 year ago)
You should make a video setting goals for the "Notification Squad" and how they can help the channel grow :)
Mahesh Kamble (1 year ago)
Amazing Video, very crisp and concise, keep it up David Sir. Love from India.
Shahdan Awang (1 year ago)
never regret....thanks Pat....
Jen Taylor (1 year ago)
Pat, this was so helpful! Will be scratching off names in my planner after watching this
Bruno Badolato (1 year ago)
Keep it up, great video Pat.

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