I've noticed that many times people try to incorporate too much 
into a logo; cramming three different icons into one. However, doing so 
ignores the true purpose of a logo. Logos should be kept clean and 
simple in order to be recognizable, timeless, and versatile.
Good logos are recognizable.
You
 want your logo to stand by itself. McDonald's, Apple, and Nike all have
 recognizable logos and they achieve this by creating simple yet 
distinct shapes. These shapes are easy to remember and make an 
impression when you see them. A complex logo is difficult to remember 
and therefore difficult to recognize when you see it again.
Good logos are timeless.
Whether
 it's because of changes in scope of work, marketing, or product design,
 businesses evolve as they mature. This often happens in order to follow
 trends and adjust to the times. Though some logos may be tweaked 
slightly as the brand progresses, these changes should be kept minimal. 
Making drastic changes to a logo is like changing your name from Bill to
 Sue, it's confusing to anyone who knew you as Bill.
The Starbucks
 logo is a great example of a simple logo that has been effectively 
tweaked as the brand progresses. The simple circular shape, sans-serif 
font, and mermaid character has allowed Starbucks to keep the same 
assets within their logo. They are able to progress with the times while
 maintaining a recognizable brand through slight changes including 
resizing their mermaid character and removing text.
The Nike logo 
is a great example of a clean logo that remains timeless without any 
modifications. Created in 1971, it still looks contemporary and will 
probably look that way for another 50 years.
Good logos are versatile.
When
 designing a logo, it's easy to get fixated on its aesthetics, that you 
forget about its application. Logos are placed on different products, 
mediums, textures, and colors, and will be featured in many different 
sizes. Often times a sponsor or partner will use your logo and you will 
not have the ability to choose how or where it is placed. Therefore, 
your logo should be simple so that it looks appropriate in many 
different settings. It must be legible at small sizes and able to be 
printed in monochrome. By keeping your logo simple and clean, it allows 
your products and website to have more complexities without your logo 
getting in the way.
Conclusion
It's easy to overdo a logo, especially when it's meant to encompass a brand's image and values. However, there should be as much emphasis placed on functionality and practicality as there is placed on symbolism and aesthetics. A clean and simple logo is almost always recognizable, timeless, and versatile.
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