The document discusses common myths about rebranding. It asserts that rebranding is not just a marketing strategy but a comprehensive organizational change requiring 12-18 months and significant resources. A new logo alone does not constitute a rebranding. Choosing a new brand name that communicates purpose is difficult, and influencing stakeholders to adopt the new brand takes patience and a full year to implement. The key is to plan expertly and ignore the myths about rebranding.