A rebrand should be viewed as building the fundamental foundation of a business. Without it, growth attempts are superficial and temporary. With a solid brand, the company has a stable base that can support significant scaling and prevent the business from hitting a growth ceiling.

Don't rebrand for the sake of it. A successful rebrand should be a deliberate move to signal a fundamental shift in your business, such as an expansion, a new mission, or a deeper commitment to core values like sustainability. It's an external reflection of an internal change.

Meta's rebrand from Facebook, much like Google's to Alphabet, was not just a name change. It was a strategic move to signal to both employees and the market that the company's ambitions extend beyond its original core product, creating the space and permission to build entirely new business lines.

On a shoestring budget, the highest-leverage branding activity is achieving clarity on the business vision, target audience, and differentiation. Investing in a brand strategist to define this foundation is more critical than spending money on visual assets that may need to be redone later.

A founder's reluctance to rebrand often stems from sentimental value (e.g., a family member designed it), not business logic. Overcoming this emotional barrier is a critical first step, recognizing the difference between a simple logo and a comprehensive brand identity that can scale.

Contrary to common startup wisdom, Lexicon Branding's president argues that the URL should be the least important constraint in the naming process. He claims consumer research shows people view URLs as a functional address, like a zip code, and their importance is often overestimated by founders and investors.

In the 2020-2022 era of cheap capital, brands could afford to "move fast and break things." Now, with tighter funding and a more complicated marketing mix, a solid brand strategy is a foundational requirement for survival, not a later-stage luxury.

Branding is not just about reflecting a company's past; it can be a forward-looking tool for change. By defining a new, aspirational identity, a rebrand provides a clear path and a public commitment, guiding the organization to evolve and actively become the company it wants to be.

Many founders conflate their brand with their first product. A successful company requires a broader brand positioning that can accommodate future products. This prevents the business from getting stuck as a single-product entity and enables long-term growth and category expansion.