How to pick the right name for your business
Written by Fabienne Fredrickson
Selecting the right business name can make a tremendous difference in attracting the right clients. A well-crafted name also helps communicate what you do quickly, making it that much easier to let people know how you can serve them.
What I see with my clients however, is that they can tend to get stuck on coming up with a name they like. Sometimes they struggle wondering if they have created the best possible name which can lead to perfectionism and paralysis. That’s why I say there actually is no business name nirvana. No magic solution.
What matters more is to come up with a name that quickly communicates what you do. I believe in creating a business name around what result clients want most or what problem they want to solve. With my business name, Client Attraction, people can probably guess, without learning too much more, what it’s about.
Start by writing down all the things your ideal client wants. Add to that the results your clients have loved so far. Don’t work on this for too long a period of time. Then, by all means, get some feedback. Check with a few colleagues and run the ideas past a few of your favorite clients.
Then pick a name and stick with it for a while. This way, you are not mired in the decision making process. Instead, you are getting out there to build your business which is the road that leads to success.
As you gain experience marketing your business and offering your services, you will learn more about how prospects see you and what clients see as the benefits. In time, you may change your mind or re-brand if you come up a new and better name. And that’s OK too. I started out as Self-Employed Success and changed my name three more times to the name today, which as you know is Client Attraction.
Your Client Attraction Assignment:
Review your business name (or ideas for a name) asking yourself these questions:
1. Does it speak to the benefits clients get from working with you?
2. Does it highlight the problem that you solve?
3. Does it quickly bring to mind what you do?
Article author
About the Author
Fabienne Fredrickson is founder of ClientAttraction.com, ranked on the Inc. 500/5000 List of America’s Fastest Growing Private Companies in 2011. ClientAttraction.com is devoted to teaching entrepreneurs around the world how to consistently attract ideal, high-paying clients, put their marketing on autopilot, shift their mindset towards abundance and take a no-excuses approach to creating a highly successful and meaningful business, while working less. Through her workshops, courses, coaching programs, and products, Fabienne shows her students how to go from 5-figures to 6-figures in their business and then from 6-figures to 7-figures, while experiencing freedom and creating an abundant life they love.
To order Fabienne’s FREE Audio CD, “How to Attract All the Clients You Need” by mail and receive her weekly marketing & success mindset articles on attracting more high-paying clients and dramatically increasing your income, visit www.clientattraction.com.
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