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Alex Hormozi

๐Ÿ‘ค Speaker
43475 total appearances

Appearances Over Time

Podcast Appearances

The Game with Alex Hormozi
How To Grow ANY Business Once You Know Its Shape | Ep 992

And I even, you know, we had a conversation with Amjad, who's Replit's CEO, one of the key, I think they're at $150 million or something, ARR, in a very short time period.

The Game with Alex Hormozi
How To Grow ANY Business Once You Know Its Shape | Ep 992

And we had a conversation about people who use Replit to vibe code software.

The Game with Alex Hormozi
How To Grow ANY Business Once You Know Its Shape | Ep 992

And interestingly, I think he mentioned one or two examples and they have like lots and lots and lots and lots of customers of like $1 million businesses, $2 million businesses that use the vibe coded software.

The Game with Alex Hormozi
How To Grow ANY Business Once You Know Its Shape | Ep 992

And so I think that it is getting better and better.

The Game with Alex Hormozi
How To Grow ANY Business Once You Know Its Shape | Ep 992

Is it there yet?

The Game with Alex Hormozi
How To Grow ANY Business Once You Know Its Shape | Ep 992

I think it has struggled to have the robustness of I'll just call it manual or human based software But I think that will get fixed in time and probably relatively quickly before right now It still does take time and takes years to make a truly good product that is also scalable So sure, maybe you can sell it to a handful of people but can it support a million users?

The Game with Alex Hormozi
How To Grow ANY Business Once You Know Its Shape | Ep 992

Not currently the vibe coding wrong but

The Game with Alex Hormozi
How To Grow ANY Business Once You Know Its Shape | Ep 992

It's shaped this way because taking out vibe coding for a moment, once you do have product market fit, the way that Y Combinator describes this is that getting product market fit is like pushing a boulder up the hill.

The Game with Alex Hormozi
How To Grow ANY Business Once You Know Its Shape | Ep 992

And once you have it, it's like chasing, getting chased by the boulder on the other way down, right?

The Game with Alex Hormozi
How To Grow ANY Business Once You Know Its Shape | Ep 992

Is that you're chasing after this because you have so much more demand than you can even handle and like the wheels come flying off.

The Game with Alex Hormozi
How To Grow ANY Business Once You Know Its Shape | Ep 992

So it's shaped this way because it's hard to build a good product.

The Game with Alex Hormozi
How To Grow ANY Business Once You Know Its Shape | Ep 992

Engineering is, especially good engineering, is incredibly expensive.

The Game with Alex Hormozi
How To Grow ANY Business Once You Know Its Shape | Ep 992

You have to front that capital because you have no income, right?

The Game with Alex Hormozi
How To Grow ANY Business Once You Know Its Shape | Ep 992

Think about this.

The Game with Alex Hormozi
How To Grow ANY Business Once You Know Its Shape | Ep 992

The rest of these businesses, you can get pretty close to bootstrapping.

The Game with Alex Hormozi
How To Grow ANY Business Once You Know Its Shape | Ep 992

SAS, the reason there is such a big venture capital industry is because it costs

The Game with Alex Hormozi
How To Grow ANY Business Once You Know Its Shape | Ep 992

money, millions of dollars to get the level of talent required to make great products in engineering.

The Game with Alex Hormozi
How To Grow ANY Business Once You Know Its Shape | Ep 992

And you have to front that for like a year, sometimes two years before you even turn a dollar, right?

The Game with Alex Hormozi
How To Grow ANY Business Once You Know Its Shape | Ep 992

And definitely not enough dollars to make it profitable.

The Game with Alex Hormozi
How To Grow ANY Business Once You Know Its Shape | Ep 992

And so you have this very long, very unprofitable runway.