The vast majority of millionaires and billionaires are successful because of one thing: they stay one step ahead.
They saw something that other people didn’t, and they put all their effort into taking full advantage.
If we want to replicate their success (and make millions), we should pay careful attention to how these people are using the latest tools and technologies to maximize their success. The latest tool that many entrepreneurs are incorporating into their workflow is ChatGPT.
I wanted to work out exactly how some of the most successful people on the planet are using this technology, so I can try to replicate their success.
In this article, I’ll reveal 5 successful millionaires (one of which is a billionaire) who are using ChatGPT in their business.
1. Alex Hormozi
Alex is perhaps best known for founding Gym Launch, a company that helps gym owners scale up their businesses.
Alex is now the owner Acquisition.com, a company that invests in million-dollar companies and helps them grow using Alex’s proven strategies and frameworks.
How does Alex Hormozi use ChatGPT?
In his videos, Alex talks about how you can use ChatGPT to increase sales. Sales teams can use ChatGPT to write convincing emails, convert emails into text messages, or even turn a sales script into a tweet storm.
Here are some prompts that will help you use ChatGPT just like Alex Hormozi:
- “Write a cold email to a plumbing company selling SEO services for their website”
- “Take this email and make it funnier and shorter [INSERT MESSAGE]”
- “Take the text from this landing page and turn it into a Tweet storm: [INSERT LANDING PAGE COPY]”
- “Turn this email into a short text message: [INSERT EMAIL]”
If you’re looking for more advanced prompts to save hours writing emails, make sure you check out our article on writing emails with ChatGPT.
2. Patrick Bet-David
Patrick Bet-David is an American entrepreneur, author and financial adviser who has a net worth of $200 million. Patrick Bet-David is the founder of Valuetainment Investments Group LLC and PHP Agency.
Patrick is most known for his popular YouTube channel, Valuetainment, which shares interviews and educational content on entrepreneurship, business, and personal development.
How does Patrick Bet-David use ChatGPT?
Patrick Bet-David owns a portfolio of companies, and uses ChatGPT for a number of different functions within those businesses. In a nutshell, he sees ChatGPT as an incredible way of cutting time (and therefore cost) spent on different tasks throughout the business.
- Risk and legal: He and his employees use ChatGPT to answer complex legal questions, scan and analyze large documents, and identify relevant clauses in contracts.
- Content: He uses ChatGPT to brainstorm content topics, using prompts like “Think of 10 topics for finance I can create that work well on TikTok”.
- Training: He believes ChatGPT is a great tool for helping staff to develop their skills. For example, a realtor can improve their sales skills using prompts like: “What are 10 common objections a realtor gets when selling a home, and how can I answer them?”
3. Shaan Puri
Shaan Puri has an estimated net worth of $10 million. Most of his wealth comes from his business deals, crypto newsletter, and other business ventures. He’s the guy who started the Milk Road and sold it for 8 figures.
How does Shaan Puri use ChatGPT?
Shaan has a perspective that we should all adopt.
When he heard everyone ranting and raving about AI, he likened it to a “huge party next door while I’m inside knitting”. So, he did the only sensible thing and checked what was going on at the AI party.
He canceled everything in his diary for one week and dedicated it to playing with new AI tools. In that week he used ChatGPT to:
- Make a rap song as the introduction to his podcast My First Million.
- Create a simple website that he published online.
These may not be practical tips you can insert into your workflow, but it’s a mindset you can learn from. If you’re an entrepreneur, you should be learning as much as you can about the tools that are at your disposal.
4. Gary Vaynerchuk (Gary Vee)
You probably already know who Gary Vee is. If you don’t, he owns a media company called VaynerMedia, and is worth approximately $200m.
VaynerMedia is a social media-focused digital ad agency. Its goal is to provide social media strategy services to big Fortune 500 companies such as GE, Anheuser-Busch, and Pepsi. In 2016, VaynerMedia had 600 employees and grossed $100 million in revenue.
How does Gary Vee use ChatGPT?
Gary Vee literally advises billion-dollar companies on their marketing strategies. He knows a thing or two about marketing. In his videos, he advises brands to use ChatGPT to:
- Create blog posts: Gary talks about how companies can market their products through blogs and SEO. He highlights how writers can save hours writing blogs by using ChatGPT to help with brainstorming and structure. We show you how you can start a profitable blog using ChatGPT in this article.
- Create social media content: Again, you can leverage ChatGPT to save countless hours brainstorming content ideas to grow your social media pages. Check out this article to see how you can use ChatGPT to think of content ideas that will go viral.
5. Dharmesh Shah
Dharmesh Shah is the co-founder and CTO of Hubspot, a CRM platform that is worth over $25 billion with over 7,000 employees. He’s a billionaire.
How does Dharmesh Shah use ChatGPT?
Dharmesh says he was “obsessed” with ChatGPT ever since it came out.
As you might expect from a billionaire, Dharmesh isn’t using ChatGPT to brainstorm cold email outreach campaigns or TikTok ideas.
What Dharmesh is really excited about is ChatGPT’s coding abilities.
ChatGPT has text-to-code abilities. That means you can ask ChatGPT to make something in natural language, and it will generate the code to build it. This, as Dharmesh puts it, is “the single biggest tech paradigm shift since the internet came out”.
If a billionaire tells you something is “too big to ignore”, then you best not ignore it.
I want to learn more about ChatGPT and AI
As people increasingly incorporate ChatGPT into their lives, it becomes more and more important that we learn how to use these tools to stay competitive in life and business.
To stay up to date with the latest AI tools, and how you can use them to become richer and more productive, make sure you subscribe to WGMI’s weekly newsletter.
