Business idea · Agency

Naming Agency

Naming Agency is a specialized agency that focuses on creating unique and impactful names for startups and products, helping them stand out in their respective markets. It was pitched on My First Million in the episode "This guy names billion dollar brands for a living, here’s his exact 3-step formula." (aired March 13, 2026).

At a glance

Naming Agency at a glance
PodcastMy First Million
Hosted bySam Parr and Shaan Puri
EpisodeThis guy names billion dollar brands for a living, here’s his exact 3-step formula.
AiredMarch 13, 2026
CategoryAgency
Real companies on the episodeImpossible Burger, HubSpot, Codem, Swiffer, Method, Ali

The problem it solves

Many startups struggle to create names that are original, memorable, and convey the right message, often leading to poor market performance and brand recognition.

How it makes money

The agency can operate on a project basis, charging clients a flat fee for naming services, or offer subscription services for ongoing branding support.

Skills you need

Skills in linguistics, marketing strategy, branding, creativity, and understanding consumer psychology are essential.

The market, and why this works now

The rise of remote work has led to an increase in online startup incubators, creating a demand for professional naming services. A targeted first-revenue move could involve partnering with platforms like Indie Hackers, where founders seek feedback on their business ideas and need help with branding. One risk to consider is the potential for high customer acquisition costs, as establishing credibility in a competitive market may require significant investment in marketing and outreach to attract clients.

Our analysis, written after the episode. Not a quote from the show.

Real companies discussed on this episode

  • Impossible Burger

    A plant-based burger that mimics the taste and texture of beef, created by Impossible Foods.

  • HubSpot

    HubSpot is a marketing, sales, and service software platform that helps businesses grow.

  • Codem

    A brand that initially struggled with its name and visibility.

  • Swiffer

    A line of cleaning products designed for ease of use, including mops and dusters.

  • Method

    Method is a cleaning product company known for its eco-friendly products and innovative packaging.

  • Ali

    Ali is a brand that includes products like Ali Gummies and Welli Band-Aids.

Where this idea came from

Podcast: My First Million, hosted by Sam Parr and Shaan Puri

Episode: This guy names billion dollar brands for a living, here’s his exact 3-step formula.

Aired:

Summarized from the episode transcript. The show does not say which speaker raised each idea, so we credit the show, not a person.

Find more ideas like this

What to do next

  1. Listen to the episode. "This guy names billion dollar brands for a living, here’s his exact 3-step formula." on My First Million
  2. Study a real company from the episode: Impossible Burger
  3. Find an idea that fits your budget, hours and skills
  4. Compare it with a similar idea: AI Ghostwriting Service

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