5 Millionaires Using ChatGPT to Make Money

iits_samii
Fortune For Future
Published in
7 min readApr 16, 2024
Image By The Wealth Gen

Staying one step ahead of their competition is the single most important factor in the success of the great majority of millionaires and billionaires.

They noticed something that other people did not, and as a result, they made every effort to maximise the benefits of the situation.

If we want to achieve the same level of success as them and make millions of dollars in the process, we need to pay close attention to the strategies and tactics that they employ in order to make the most of the most recent tools and technology. ChatGPT is the newest application that a growing number of business owners are putting to use in their daily operations.

I wanted to figure out exactly how some of the most successful individuals on the globe are utilising this technology so that I may try to emulate their level of achievement in order to improve my own chances of becoming successful.

I will discuss the use of ChatGPT in the businesses of 5 successful millionaires, including one billionaire, who have achieved a great deal of financial success.

1. Alex Hormozi

Image By Acquisition.com

The fact that Alex founded Gym Launch, a firm that assists gym owners in expanding their companies, is perhaps the thing for which he is most known.

Alex is now the owner of 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?

Alex explains how you may boost your sales with ChatGPT in a number of videos that he has uploaded on YouTube. Using ChatGPT, sales teams have the ability to compose persuasive emails, transform emails into text messages, and 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]”

2. Patrick Bet David

Image By Valuetainment

Patrick Bet-David is an American entrepreneur, author, and financial consultant who has a net worth of $200 million. Valuetainment Investments Group LLC and PHP Agency were both started by Patrick Bet-David, who is also the creator of Valuetainment.

Patrick is most well-known for his successful YouTube channel called Valuetainment. On this channel, he publishes interviews as well as instructional videos that focuses on topics such as personal growth, business, and entrepreneurship.

How Does Patrick Bet David use ChatGPT?

Patrick Bet-David is the owner of a portfolio of firms, and he utilises ChatGPT for a variety of tasks and purposes inside each of those enterprises. In a word, he believes that ChatGPT is a fantastic method for reducing the amount of time (and, consequently, expense) spent on various jobs across the company.

Legal and risk management: He and his colleagues utilise ChatGPT to answer difficult legal queries, scan and analyse massive papers, and locate appropriate clauses in contracts.

Content: In order to generate ideas for content themes, he uses ChatGPT. For example, one of the prompts reads, “Think of 10 topics for finance I can create that work well on TikTok.”

Training: He is of the opinion that ChatGPT is an excellent instrument that may assist staff members in developing their abilities. A real estate agent, for instance, can enhance their sales abilities by asking themselves questions such as “What are 10 common objections an estate agent gets when selling a home, and how can I answer them?”

3. Shaan Puri

Image By My First Million Podcast

According to estimates, Shaan Puri’s net worth is in the range of $10 million. The majority of his riches are the result of the commercial transactions he has made, together with his crypto newsletter and other business endeavours. He was the one who came up with the idea for the Milk Road and later made eight figures off of its sale.

How Does Shaan Puri use ChatGPT?

Shaan holds a point of view that ought to be adopted by all of us.

When he heard everyone going on and on about AI, he compared it to a “huge party next door while I’m inside knitting.” He said this to illustrate how he felt about the situation. Therefore, the only logical thing for him to do was to find out what was taking place at the AI party.

He cleared his schedule for the next week so that he could devote it entirely to experimenting with the newest AI technologies. During that week, he made use of ChatGPT to in order to:

  • Create a rap song to use as the opening theme for his podcast, “My First Million.”
  • Make a straightforward website, which he then uploaded to the internet.

You might not be able to implement all of these recommendations directly into your process, but the thinking behind them is something you can pick up. If you want to be successful as an entrepreneur, you should educate yourself as much as you can on the resources that are available to you.

4. Gary Vaynerchuk (Gary Vee)

Image By VanynerMedia

It’s likely that I don’t need to introduce you to Gary Vee. In the event that you are unaware, he is the owner of a media firm known as VaynerMedia and has an estimated net worth of roughly $200 million.

VaynerMedia is a digital marketing agency with a primary focus on social media. It is the mission of this organisation to offer social media planning services to large Fortune 500 firms like GE, Anheuser-Busch, and Pepsi. In 2016, VaynerMedia employed 600 workers and made a total revenue of $100 million.

How Does Gary Vee use ChatGPT?

Gary Vee is genuinely advising corporations with annual revenues in the billions of dollars on their marketing strategies. He has some experience in business, particularly in marketing. In his videos, he encourages companies to make use of ChatGPT in order to:

Make new blog posts: In this video, Gary discusses how businesses may use search engine optimisation (SEO) and blogs to sell their products. He shows how writers may save hours writing blogs by utilising ChatGPT to aid with ideation and structuring. Specifically, he focuses on how writers can save time creating blog posts. In this piece, we will demonstrate how you may utilise ChatGPT to launch a successful blog of your own.

Create content for social media: Once again, you may save many hours of your time by using ChatGPT to generate ideas for material that you can use to promote your social media accounts. Read the following article to see how you can utilise ChatGPT to generate ideas for content that will quickly spread over the internet.

5. Dharmesh Shah

Image By HubSpot

Dharmesh Shah is one of the co-founders and the Chief Technology Officer of HubSpot, a customer relationship management (CRM) platform that has over 7,000 employees and is worth over $25 billion. He is one of the richest people in the world.

How Does Dharmesh Shah use ChatGPT?

Dharmesh claims that ever since ChatGPT was released, he has been “obsessed” with using it.

Dharmesh is not utilising ChatGPT to generate ideas for TikTok or cold email outreach efforts, as one might anticipate from a millionaire. The coding capabilities of ChatGPT are one of the things that Dharmesh is most enthused about.

Text may be converted into code using ChatGPT. This implies that you can ask ChatGPT to construct anything in natural language, and it will generate the code to build whatever it is you asked it to do. According to Dharmesh, this event is “the single biggest tech paradigm shift since the introduction of the internet.”

If a billionaire tells you that there is anything that is “too big to ignore,” then you should probably not ignore it.

Conclusion:

These are some of the ways that millionaires and billionaires are making use of the opportunities and technologies that were made available as a result of OpenAI’s ChatGPT and the AI revolution that we are now through. As more and more people use ChatGPT in their day-to-day activities, it is becoming increasingly essential for us to understand how to make use of these technologies in order to keep our competitive edge in both everyday life and the business world.

Thanks for reading this article. You can reach my journey here on YouTube, Instagram, Twitter, TikTok, and Threads. Make sure to follow and read my other articles.

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iits_samii
Fortune For Future

Content Creator & Entrepreneur | CEO of NXT LVL Studios & Ace Digital | Co-founder of Raze AI & CreatorKits