Alex Hormozi explains how businesses like Facebook and Apple use network effects to legally destroy competition. A strong network effect can increase your customer base and product ecosystem. Consider how you can leverage network effects in your business to stay ahead. Reflect on Hormoziโs examples and share your thoughts in the comments below. Describe how harnessing network effects could make your business more competitive. Stay concise, aiming for a response between 25 to 100 words. Engage with peers by commenting on 2 different comments, and like 3 comments that add value to the conversation.