"A GOOD NAME IS BETTER THAN ANYTHING YOU CAN ACHIEVE IN THIS LIFE"

I think this is saying when people talk about you and they say good things about you. when someone says your name then they talk about all the good thing that you have done in the past. they talk about all the history they have made over the time. this better than anything you can achieve in life. example is Ronaldo who is doing a lot of great thing right now in soccer and later they are going to say his name and they are going to say good things about him and all the accomplishments he has made.