Kathryn Finney
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Name Your Business Without Paying an Agency $20K

A repeatable naming process that gives you a brand name, available domain, and trademark check in an afternoon.

By Kathryn Finney7 min read
Name Your Business Without Paying an Agency $20K

TL;DR

Naming your business should not cost twenty grand or take six months of focus groups. This is a practical, no-nonsense guide to finding a name that works, passes a trademark test, and has an available domain.

I have sat in rooms where branding agencies charged fifty thousand dollars just to come up with three names that all sounded like prescriptions for hay fever. It is one of the biggest rackets in the startup world. They talk about brand DNA, emotional resonance, and linguistic symbolism. Meanwhile, you are over here trying to figure out how to pay your rent while building a company that actually solves a problem.

Let us be very clear from the jump. A name is a container. It starts out empty. You are the one who fills it with value by delivering a great product and actually treating your customers like human beings. Amazon is a river. Apple is a fruit. Neither of those names said a damn thing about e-commerce or computers until the founders spent years making those words mean something. If you are an underestimated founder, you do not have twenty thousand dollars to set on fire for a naming exercise. You need that money for customer acquisition, prototyping, or just keeping the lights on.

I wrote about this mindset in Build the Damn Thing because the world wants us to think that everything about business has to be expensive and complicated. It does not. You can name your business in an afternoon if you stop trying to be perfect and start being practical. Here is how you do it without the fluff or the agency bill.

The Three Rules of a Good Name

Before you start shouting words at a whiteboard, you need some guardrails. A lot of people get stuck because they want a name that is everything to everyone. That is a mistake.

First, it has to be easy to say and easy to spell. If you have to spend the first thirty seconds of every pitch deck explaining how to pronounce your company name, you have already lost. You want a name that passes the hallway test. If you tell someone the name in a crowded hallway, can they go home and type it into Google without asking you for the spelling? If the answer is no, throw that name in the trash.

Second, stay away from trends. Five years ago, every tech company was removing vowels and adding a .ly at the end of their name. Now those companies look dated and cheap. You want something that can grow with you. If you name your business Brooklyn Vegan Cupcakes, you are going to have a very hard time when you decide you want to sell gluten-free cookies in Atlanta.

Third, it must be available. This is where most dreams go to die. You find the perfect name, and then you realize the .com is owned by a squatter in Switzerland who wants thirty thousand dollars for it. Or worse, a giant corporation already owns the trademark and their lawyers are better than yours. We are going to solve that by changing how you look for names from the start.

The Braindump Phase

Grab a notebook or open a blank doc. Do not look at a domain registrar yet. If you start searching for domains too early, you will get discouraged. Set a timer for twenty minutes and write down every single word associated with your business. Think about how you want people to feel. Think about the problem you are solving. Write down verbs, nouns, and even colors.

Once you have a list of at least fifty words, start playing matchmaker. Mix and match two words together. This is how we get names like Facebook or Netflix. It is simple and it works. Another trick is to look at Latin or Greek roots. Do not get too academic with it, but sometimes a root word can give you a starting point that feels more substantial.

If you are feeling stuck on the initial idea, I have put together some free tools that help with the brainstorming process. These are the same types of frameworks I use when I am evaluating new companies for my fund. The goal here is quantity over quality. You want a massive list so you can kill off the weak ones later.

The Reality Check Period

Now take your favorite ten names and put them through the ringer. This is the part that people pay agencies for, but you can do it yourself for free.

Go to the United States Patent and Trademark Office website. Use the TESS search tool. It looks like it was designed in 1995 because it probably was, but it is the source of truth. Search for your potential names. If there is already a company in your specific industry with that name, cross it off. You do not want a legal battle before you have even made your first dollar. If the name is being used by a dry cleaner in a different state and you are building a software company, you might be okay, but consult a lawyer when you actually have the cash to do so. For now, just look for obvious red flags.

Next, check the social media handles. You do not need to be on every platform, but you should at least see if the name is available on the big ones. If @YourBrandName is taken on Instagram by a teenager who hasn't posted since 2014, you can try to buy it later, but for now, just know what you are up against.

Finding a Domain That Does Not Cost a Fortune

This is where most founders get frustrated and quit. You find a great name, the trademark is clear, but the .com is taken. Here is a secret: you do not need the exact .com to start.

Look at what Dropbox did. They started at GetDropbox.com. Basecamp started as 37signals.com. You can add a prefix or a suffix to your name to get a ten dollar domain while you are building your MVP. Use words like Get, Join, Use, or Try. If you are a service business, add your city or your industry.

If you really want a clean domain but the .com is gone, look at .co or .io. They are perfectly acceptable for tech companies now. Just avoid the weird ones like .pizza or .ninja unless you are actually selling pizza or shurikens. You want to look like a professional business, not a joke. When you start making real money, you can go back and buy the .com from the squatter. Until then, do not let a domain name stop your progress.

The Stress Test

Once you have narrowed it down to two or three finalists, say them out loud. Say them a lot. Say them in a sentence like, I am the CEO of [Name]. If it feels caught in your throat or if you feel embarrassed saying it, it is the wrong name.

Call a friend and tell them the name over the phone. Do not spell it for them. Wait ten minutes, then text them and ask if they remember what you said. If they can spell it back to you, you have a winner. This is the most honest feedback you will ever get. Most people will tell you they like a name just to be nice, but their ability to remember it and spell it is the real data point.

I have seen so many founders spend months on this. They treat it like they are naming their firstborn child. It is not that deep. A business name is a tool. If the tool works, keep it. If it stops working later, you can rebrand. Plenty of huge companies have changed their names. Google was Backrub. Blue Ribbon Sports became Nike. They did not let the name hold them back from building the product.

Building for Real

If you are still struggling to pull the trigger, it might not be a naming problem. It might be a fear of starting. Sometimes we obsess over the small things like logos and names because they feel like work, but they are actually just a way to avoid the hard work of selling and building.

If you want to move past the fluff and actually launch, I created the BUILD Sprint for exactly this reason. It is a structured way to take your idea and turn it into a real, breathing business without the expensive detours. We do not do focus groups or spent weeks on hex codes. We build.

Naming your business is a milestone, but it is not the destination. Pick something that works, make sure you can own the trademark, get a domain that is close enough, and then get to work. The world does not need another clever brand name. The world needs the thing you are building. Do not let a twenty thousand dollar agency convince you otherwise. You have the tools, you have the brain, and now you have the process. Go name the damn thing so you can start building it.