Changing Our Name and Logo
Founder's Journal
Morning Brew
4.8 • 1.1K Ratings
🗓️ 17 February 2021
⏱️ 14 minutes
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| 0:00.0 | What is up everyone, this is Alex Lieberman, co-founder and CEO of Morning Brew. |
| 0:05.3 | Welcome back to Founders Journal, my personal audio diary, where I give you the business builder, |
| 0:11.9 | the tools you need to think better in order to build better, whether that's building a business, |
| 0:16.4 | building a team, or building a new product. Today, I'm going to talk about what it takes to make a brand |
| 0:23.2 | come to life from the very beginning of your business. Specifically, I'm going to talk about |
| 0:28.3 | naming the company, landing on the Bruce Logo, which, for those of you who may not know it or remember |
| 0:34.3 | it, is a blue mug with a zigzagging white arrow going from bottom left to top right. And I want to |
| 0:40.7 | just share with you our branding journey. It wasn't easy. In fact, we made major mistakes in the |
| 0:46.4 | process that led us to redesign our logo and rename our company a few times. But in the end, |
| 0:52.8 | the lessons we learned were crucial and set us up for long term success as a business. |
| 0:57.9 | Let's get into it. For starters, Morning Brew wasn't always called Morning Brew. It started |
| 1:04.4 | as Market Corner. I literally came up with the name Market Corner by looking up business |
| 1:09.9 | sangs on Investopedia. I literally went to Google. I looked up business, you know, popular business |
| 1:14.6 | sangs or popular stock market sangs. And the first link because Investopedia's really good at SEO |
| 1:20.5 | was an Investopedia article with their sangs. And I was scrolling through and came across the |
| 1:27.2 | saying corner the market. Cornering the market in business refers to a strategy where an investor |
| 1:34.0 | wants to buy up enough supply of an asset. Like, you know, for example, people have cornered the |
| 1:39.5 | copper market before. And the goal is to manipulate the price where you have all the supply. So the price |
| 1:45.1 | goes up a lot and you make money from it. I thought just generally was an interesting investing |
| 1:50.0 | concept. And I played around with the words corner the market until something's stuck. That's |
| 1:55.2 | something was Market Corner. That was the OG Morning Brew. That was the name of my newsletter. |
| 2:01.7 | When I started it in December of 2014 while I was in college, it was in some ways similar to what |
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