Naming billion dollar companies isn’t just vibes, here’s the science behind it.
About this video
Sam and Shaan interview David Placek, a legendary naming strategist behind brands like Swiffer, Impossible Burger, and Blackberry, to understand whether company names actually matter for startup success. David argues that the right name creates asymmetric competitive advantage through attention-grabbing, processing fluency, and surprise, and walks through his systematic process for generating and evaluating thousands of name candidates.
Key takeaways
- The right name compounds over time and is used more frequently than almost any other brand asset, making it worth significant strategic effort; Swiffer outperformed Ready Mop partly because it broke category conventions and communicated a new category rather than a safe descriptor.
- David’s naming process involves creative curiosity (researching category landscape and consumer benefits), generating 2,000+ candidates through multiple specialized teams and diverse databases (Greek/Latin roots, mythology, periodic table, etc.), then converging based on a creative framework—never brainstorming in large groups, which introduces peer pressure and kills ideation.
- Effective names balance three elements: originality in category context, processing fluency (familiar enough to understand but surprising enough to stick), and unexpectedness; names like Pentium and Azure worked because they had energy and violated category expectations, while ‘comfortable’ names like Ready Mop disappear into the sea of sameness.
- Managing creative teams requires separating ideation from judgment; use phrases like ‘I wish we could make that work’ or ‘How do we modify that?’ instead of shutting down ideas, and avoid evaluating ideas until a distinct convergence phase—this mirrors Walt Disney’s three-room model.
- Even strong names often face client rejection initially due to fear; David presented Blackberry in a vault where clients dismissed it, but research on sound symbolism (B is a reliable, strong letter) and proof-of-concept mockups (placing names in real-world contexts like news headlines) helped convince them of its viability.
Episode details: published March 13, 2026 · 42K views · 57:45 long. Summary written by Self Growth Videos from the episode itself. The business ideas, figures and results discussed are the hosts’ and guests’ own claims, shared as brainstorming and entertainment — not verified facts and not investment advice.
← Previous: The Simplest Way To Make $1,000,000 Isn’t Starting A Business (it’s working in one of these 10) · Next: $100M+ Advice That’ll Piss Off Every Business Guru (ft. DHH) →
All My First Million videos · My First Million profile · My First Million (official site)
You Might Also Enjoy

Brand Strategy: How to Test if a Product Will Sell Before Actually Creating it | My First Million
Explore →
Use Jerry Seinfeld's two minds of creativity in business:
Explore →
Do this and you’ll thank yourself on Jan 1st
Explore →
The $2B brand built on nostalgia
Explore →
The richest man in Italy built this
Explore →