I’ve spent the better half of the last month trying to think of a name for my new company. It’s an incredibly challenging process. So, let’s talk about it.
A company name should be:
Memorable: Something that resonates with the audience. Catchy, but not too cliché, right?
Easy to pronounce or spell: You don’t want someone butchering your company name.
Searchable/ unique Tyson’s Social Media Group” is not unique enough. A friend of mine named his blog Artificial Simplicity. Good idea. Two memorable, distinct names. His blog comes up at the top of a search with those two names. (Hat tip to Scott Karamabis, @copia if you are keeping score at home)
Is the URL available? Probably not, but if you add “inc”, or “group” or “llc” to the name, you’ll have some luck- be creative….
Descriptive of your services and/or audience: Now this is where it gets tricky. How do you possibly do that in two or three words?
Active: If you name your company after you high school mascot, that’s great, but it’s a static name with no “real movement”. A company name I really love is from another friend who recently named his company “Ingage”. (www.ingageinc.com) It’s a terrific name that’s easy to remember, spell and it speaks to what he does as his business. (I thought of a similar name literally the day before we had coffee- darn it!)
A creative combination of everything I just mentioned. Now, I have to give a hat tip to Jim Spencer here who has recommended two good sites that are keeping me busy tonight and they are www.nameboy.com, www.makewords.com. There are a couple more I can’t remember right now, but Jim is a great resource for anything website related (and I highly recommend him check him out at www.jbspartners.com)
So, the company naming journey continues. Maybe there is some value in keeping it simple and naming my company “The Goodridge Group”?
There is a company name for me out there (ideas welcome), I just can’t find it tonight.
There’s a darn good reason why people charge good $$ to help name your company, it’s worth every penny. As an entrepreneur, I just wish there were more of those pennys to go around….








