Your Startup Name Matters More Than You Think
In this video, we dive deep into the often-overlooked foundation of startup success - choosing the perfect company name. We look at how a seemingly simple decisions about your startup's name can dramatically impact everything from customer acquisition costs to long-term scalability, using the fascinating case study of naming a restaurant recommendation platform Vota.
Through compelling examples like Google's evolution from Backrub, Apple's expansion beyond computers, and Amazon's growth from an online bookstore, discover why your company name isn't just a label - it's the cornerstone of your entire business. Follow the real-world journey of securing the Vota.org domain, from initial $5K negotiations to the final $20K purchase, and learn why such investments can be crucial for your startup's future.
Key takeaways include:
• The seven types of business names and how to select one that's 4-6 letters, globally pronounceable, and future-proof
• Why short, memorable names instantly boost credibility and how they can significantly reduce your customer acquisition costs
• Strategic approaches to domain acquisition and negotiation that demonstrate serious business intent
Download Vota in the App Store (iPhone only, Android coming soon) and help us test our MVP. As we build, I'll keep sharing what it takes to launch an app right now.
Vota, revolutionary community-based restaurant ratings:
https://vota.org/
Vota in Apple App Store:
https://apps.apple.com/app/vota-restaurant-ratings/id6744969212
Host: Heini Zachariassen
LinkedIn: https://www.linkedin.com/in/heini/
Guest: Jesper Knudsen
LinkedIn: https://www.linkedin.com/in/jesperriiseknudsen/
Guest: Barbara Zachariassen
LinkedIn: https://www.linkedin.com/in/barbara-zachariassen-939215143/
More from Raw Startup
Founders Weekly Podcast
Apple Podcasts: https://apple.co/3TvUeal
Spotify: https://bit.ly/3x6uZUq
Startup Free Newsletter:
https://www.rawstartup.co/#/portal/
Raw Startup Blog:
https://rawstartup.co/
Raw Startup T-shirt:
https://rawstartup.threadless.com/designs/raw-startup-t-shirt/mens/t-shirt/premium?color=heavy_metal
More from Raw Startup
Founders Weekly Podcast
Apple Podcasts: https://apple.co/3TvUeal
Spotify: https://bit.ly/3x6uZUq
Startup Free Newsletter:
https://www.rawstartup.co/#/portal/
Raw Startup Blog:
https://rawstartup.co/
Raw Startup T-shirt:
https://rawstartup.threadless.com/designs/raw-startup-t-shirt/mens/t-shirt/premium?color=heavy_metal
#startupnaming #brand #brandidentity
Chapters
00:00 The Importance of a Startup Name
03:10 Types of Names for Startups
05:58 The Naming Process: Brainstorming and Availability
08:58 Finalizing the Name and Acquisition
11:57 Building a Brand Around Your Name