The cheesy singer, who appeared on the second series of the show in 200 told The Sun that the singers "forget to be real".
He said: "People take themselves too seriously and forget to be real.
"If opportunity presents itself on The X Factor, there's a timescale in which you can do it, because next year you have got another lot and nobody remembers."
After finishing fifth on the show, Chico went on score a number one with his song Chico Time, and insisted he had no regrets.
"I look at X Factor as a window of opportunity and a platform. I took that ball and ran with it," he explained.
"You have to make hay while the sun shines. I did well out of it. I would never want to forget Chico Time. You can get delirious if you take life too seriously. "