Entrepreneurs on Fire How Chip Klose Built a 7-Figure Coaching Business that Provides 4-Day Weekends
7 snips
May 8, 2025 Chip Klose, host of the Restaurant Strategy Podcast and author of The Restaurant Marketing Mindset, shares insights on building a seven-figure coaching business that prioritizes four-day weekends. He emphasizes defining what 'enough' means for personal success and stresses the importance of starting with the end in mind. Klose also discusses aligning business strategies with personal aspirations, the benefits of collaboration in the restaurant industry, and the value of outsourcing to regain personal time.
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Define Your 'Enough' Clearly
- Define what enough means to you to know when to stop growing your business.
- This clarity prevents overexpansion and helps focus on meaningful success.
Start With The End In Mind
- Most businesses fail because founders focus on what they want, not the market's needs.
- Successful businesses start with the end in mind and reverse engineer their path.
Collaborate Across Competitors
- Build relationships with other business owners to overcome isolation and share insights.
- Collaborating with competitors can create a stronger business environment like clustered car dealerships or theater districts.
