Outlook error while trying to send email - 0x800c8101

If you are using Outlook as email client and you are getting the following error when you try to send out email: 0x800c8101

Please, go back to your Outlook email settings (where you have setup your email address and password) and make sure that you fill out the following field: "Your name".

This should resolve the error which appears in certain versions of Outlook.