6min chapter

The Tim Ferriss Show cover image

#429: Nick Kokonas on Resurrecting Restaurants, Skin in the Game, and Investing

The Tim Ferriss Show

CHAPTER

We're a Four Year Old, Five Year Old Start Up With a Hundred Employees

Restaurant owner says he had plans in place if all his restaurants were forced to close. Restaurant eliminated tipping ten years ago, but still provides health care and other benefits for its employees. The restaurant will pay a three-figure stipend to every employee on their last pay check this friday. "We have servers that make awellin to a hundred and fifty plus thousand dollars a year"...

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