A company name that is a mashup of the founders’ initials. A company name drawn from the item the first business plan was sketched upon, or where the founder was enjoying a cocktail when they struck upon the idea. Even names arbitrarily plucked out of thin air without any intention of there being any kind of profound or clever meaning.
I’ve seen it all with over 13 years as a business journalist and marketing and PR consultant. A company’s name is not the company’s brand, but the two do enjoy a symbiotic relationship. A name is a point of reference, an introduction, which may or may not make a direct reference to what the company does.
But a name alone does not sell products, win customers or grow market share. These things are accomplished through the hustle of the team members, how they treat their customers, how they research the market to understand to whom, and in what form, their product or service delivers value, and how they execute on that intelligence.