In the song, Tyler explores themes of self-reflection, relationships, and the complexity of how he views himself. The song is part of Call Me If You Get Lost, which continues Tyler’s evolution as an artist, with an album that mixes emotional depth and luxurious production.

In "That Guy", Tyler raps about being someone who comes across as confident and successful but also struggles with feelings of doubt, insecurity, and complicated relationships. The phrase "That guy" is used ironically, almost as a critique of the persona he feels others project onto him versus who he actually is underneath. It's a song about personal identity, the way others perceive you, and the tension between those images.

While the track itself has a laid-back yet complex beat, Tyler's lyrics reflect a deeper emotional current, revealing vulnerability beneath the confident exterior.