Saturday, July 26, 2014
Thought Leadership with Mitchell Levy and Michael Procopio, Episode 32: July 26, 2014
In this episode, Mitchell and Michael hang out with #ThoughtLeader Alexandra Watkins, recognized expert on business names and owner and CEO of the company Eat My Words (http://www.eatmywords.com) which Mitchell “absolutely adores”. Mitchell also describes her as someone who really knows what marketing is and who is not ashamed or shy in sharing her opinion. Alexandra defines a #ThoughtLeader as someone who is an authority in their area, not just an authority in their minds. Her or she has to be not only an authority in their area but has to be really well-respected and followed not just by their customers or advocates, but by competitors and peers. For Alexandra, a #ThoughtLeader has to have an original thought which he or she expresses without fear even if it is contrary to popular opinion.
In the interview, Alexandra defines a good brand name by expounding on her company’s tagline: “A name should make you smile, instead of scratch your head.” People like names that they understand and easily get because it makes them feel smart. A good name is something that does not baffle or confuse or challenge people enough to make them feel stupid. Alexandra explains the S.M.I.L.E. and S.C.R.A.T.C.H test that is available on her company’s website and which is a simple evaluation test to determine if you have a good brand name. Alexandra describes the test to be anything but complicated; it is not a scientific process but just basic common sense. SMILE is an acronym for the 5 qualities of a good brand name, namely – Suggestive, Meaningful, Imagery, Legs and Emotional connection. On the other hand, SCRATCH is an acronym that stands for the qualities of a brand name that is going to cause problems, and Alexandra says when your company name has even just one of these qualities, you must already consider changing it. She also points out that in today’s world; it is no longer too hard to change names because you can use social media and the Internet to spread the information about your name change. Alexandra’s best advice is that when you are already struggling with the current name you have, begin considering changing your name.
For #ThoughtLeaders, Alexandra’s advice is not to use your own names for your brand because that kind of brand name will not say anything about you and you don’t want to dilute your brand because you have namesakes. One example is Happy About (http://www.happyabout.com) which is a lot easier to remember than mitchelllevy.com.
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Here are a couple of aha moments from the episode. See more in the “Aha Moments from Thought Leader Life” books available in the THiNKaha App: http://AhaAmplifier.com/ .
• #ThoughtLeaders think their way is not always the only way and shares great thoughts of others, not just their own. @Eatmywords
• Annoying names are the ones that frustrate the customer. @Eatmywords
• Why should you make your name challenging for people? Just because it’s creative doesn’t always mean it’s good! @Eatmywords
• Using a personal name for your brand name is not necessarily a good choice. @michaelprocopio
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This episode was sponsored, in part, by THiNKaha.com, helping experts become thought leaders.
You can connect with Mitchell at MitchellLevy.com, @HappyAbout on Twitter, or join his Thought Leadership Best Practices Group on LinkedIn; and with Michael at MProcopio.com, on Twitter:@MichaelProcopio; or LinkedIn: LinkedIn.com/in/MichaelProcopio.
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