Want More Powerful Branding? Go All In. We break down the ultimately strategy for business owners who want more than mediocrity.

Over the years, many companies have rebranded themselves to find greater success with their businesses, while some have failed miserably. Whether you are rebranding or starting from a fresh piece of white paper, the most successful brands have gone "all in."

It's not unusual for companies to rebrand their products to shift their brand's focus or avert themselves from controversy. The latest example of a mediocre effort by a brand is the NFL's Washington Football Team, which recently announced a permanent name change from its forebear — Washington Redskins — to Washington Commanders. Retiring the controversial Redskins name and logo for good ultimately took nearly two years.

Rebranding a team of this size and popularity is estimated to cost millions, but analysts suggest that the change will be worth it if it helps win back its shrinking fanbase. That's the hard part. And so far, fan reactions have been mixed.