
RESTAURANT STRATEGY
The Restaurant Strategy podcast is dedicated helping independent restaurant owners increase the profitability of their restaurants. Hosted by industry expert, Chip Klose, the focus is split between operations and marketing... two episodes every single week. What would your life look like if your restaurant could deliver consistent, predictable 20% returns?
Latest episodes

Jul 27, 2020 • 48min
INTERVIEW: Jake Grim, Founder of the QR Menu System
#72 - INTERVIEW with Jake Grim, Founder of the QR Menu System
Table Rock Industries has been a supporter of the Restaurant Strategy Podcast, and over the past few months I've gotten to know the companies founder - a guy by the name of Jake Grim. At just 21 years old, he's bringing a fresh perspective and a whole lot of energy to his cause of helping restaurant owners navigate this challenging time. He grew up on the family farm in Gettysburg, PA and has been involved in his mother's restaurant since he started walking. He understands hospitality and agriculture all too well, and brings a unique point of view to our ongoing conversation about pivoting in the age of Covid-19.
THIS WEEK'S SPONSOR: The Table Rock QR Menu System (CLICK HERE)
The ONLY Restaurant Budget Template You'll Ever Need - CLICK HERE

Jul 20, 2020 • 21min
How to Spot Shifting Foods Trends in a Post-Covid World
#71 - How to Spot Shifting Foods Trends in a Post-Covid World
Covid-19 has upended our world, and reordered the daily routines for billions of people. In order to make predictions about the future, Economists and Social Scientists often look at changing Macro Trends. To be sure this global pandemic has reordered life for many of us. On this week's episode we're going to look at five different areas to better understand how Covid-19 has reordered daily life:
Technological Trends
Economic Trends
Regulatory Trends
Sociocultural Trends
Demographic Trends
THIS WEEK'S SPONSOR: The Table Rock QR Menu System (CLICK HERE)
The ONLY Restaurant Budget Template You'll Ever Need - CLICK HERE

Jul 13, 2020 • 21min
Reinventing the Wheel
#70 - Reinventing the Wheel
On this week’s episode we’re going to talk all about reinvention. Why to do it, what it might look like, and how to take those tentative first steps toward redesigning a profitable business. I share a bunch of different suggestions to help spark ideas, which all go back to this idea of diversifying your revenue streams. Think about all the different ways you can make money in your business.
THIS WEEK'S SPONSOR: The Table Rock QR Menu System (CLICK HERE)
The ONLY Restaurant Budget Template You'll Ever Need - CLICK HERE

Jul 6, 2020 • 30min
How Marketers Use Storytelling to Sell
#69 - How Marketers Use Storytelling to Sell
When I say, “Tell me a little bit about yourself,” how do you respond? Do you say, "Well I’m 5’10”, about 180 pounds, with blue eyes and brown hair?" Of course not! In fact if someone did that in an interview, you’d be like… who is this psychopath.
When someone says, “Tell me a little bit about yourself” you respond with a brief bio. If it’s an interview you might talk about where you went to school or the last company you worked for. If you’re meeting someone at a party, you might talk about where you grew up or what you do for a living. We don’t recite facts and figures; we tell a story.
Stories bring things to life. They help the listener better understand because the experience becomes relatable. We hear about someone who wins the lottery and we can’t help but put ourselves into those shoes. We hear a song and recognize the emotions they’re describing. We watch a movie and feel something because we empathize with the characters on the screen.
Very little of what we do isn’t touched by storytelling. And this is especially true when it comes to running a business. In fact, I believe there are 5 different ways we use stories to market our restaurants:
Stories that communicate a brand’s mission… their WHY
Stories that spark conversation
Stories that validate price
Stories that bring deeper appreciation for the product or the brand
Stories as mythology.
I share a bunch of case studies and examples to illustrate each of these areas, and guide you through some ways to identify stories in your own restaurant. This is the companion piece to episode #53. I hope you enjoy.
Of course, I'll also remind you that I'm still selling...
The ONLY Restaurant Budget Template You'll Ever Need - CLICK HERE

Jun 29, 2020 • 23min
All About the Freebies and Spreadsheets
#68 - All About the Freebies and Spreadsheets
Over the past year I've heard from a bunch of you and the common thread I always seem to hear is how much you love the freebies and giveaways. So I've tried hard to make more of them - workbooks that correspond with a given episode, or cheatsheets, or spreadsheets. Since the start of the year I've tried to provide more resources for you. Anything to help make your lives easier. So on today's episode I'm recapping ALL of the resources I've shared and including all of the links below. Happy listening
The ONLY Restaurant Budget Template You'll Ever Need - CLICK HERE
The Marketing Worksheet (Ep #1) - CLICK HERE
The Marketing Pillars Workbook (Ep #2-6) - CLICK HERE
The Marketing Ideas Cheatsheet (Ep #13) - CLICK HERE
Photo Guide (Ep #22) - CLICK HERE
Marathon Workbook (Ep #37) - CLICK HERE
True Fans Workbook (Ep #40) - CLICK HERE
The V-Day Checklist (Ep #45) - CLICK HERE
The Elevator Pitch Cheatsheet (Ep #47) - CLICK HERE
The Pivot Cheatsheet (Ep #56) - CLICK HERE
Creative Solutions Workbook (Ep #67) - CLICK HERE
The Marketing Calendar Template (Ep #42) - CLICK HERE

Jun 22, 2020 • 30min
The Surprising Truth About Creativity and 4 Steps to Harness It
#67 - The Surprising Truth About Creativity and 4 Steps to Harness It
Creativity is a renewable resource. It’s one of the few things in this world where the more you mine, the more that appears. Best of all, it’s not reserved for the chosen few… rather it's something we all have at our disposal. Today, I want to talk all about what creativity is, where it comes from, how we can tap into it to grow our businesses, and the best way to inspire your team to do the same.
I share a simple 4-step process you can use to start putting these ideas into practice, plus there's a free workbook to help you get going.
CLICK HERE to download the CREATIVE SOLUTIONS WORKBOOK

Jun 15, 2020 • 19min
Treading Water vs. Swimming to Shore
#66 - Treading Water vs. Swimming to Shore
When it comes to water safety, the data is clear: there are two skills children need to master before they get into a pool. The first is how to swim, obviously. And the other is how to tread water. Those are the two things that can substantially increase their chance of surviving in the off chance that they fall in.
But when it comes to business, too many people focus on the latter at the expense of the former. If you're on a boat and you fall overboard, it makes sense to stay put, tread water, and wait for the boat to loop back around and return for you. But in almost every other instance it makes sense to just swim to shore.
The metaphor works for restaurants -- especially now as we're in the throes of this global health crisis -- because too many of us are waiting to be saved. Just treading water until some comes to our rescue. On this week's epside we're talking all about changing your mindset... how to go from "treading water" to "swimming to shore."
Tim Ferriss -- Interview #1 with Nick Kokonas (10/18/18)
Tim Ferriss - Interview #2 with Nick Kokonas (5/6/20)

Jun 8, 2020 • 29min
10 New Marketing Books for Your Nightstand
#65 - 10 New Marketing Books for Your Nightstand
Back on Episode #15 I shared my original Top Ten List, and it went so well that I'm going to share ten more. Below you'll find links to all 20 titles so you can purchase them for yourself on Amazon... most (if not all) of the titles are available in book form, as well as on Kindle and Audible. Happy Reading!!!
THE ORIGINAL LIST
Purple Cow by Seth Godin
All Marketers Are Liars by Seth Godin
Permission Marketing by Seth Godin
Setting the Table by Danny Meyer
Start With Why by Simon Sinek
Jab, Jab, Jab, Right Hook by Gary Vaynerchuk
The Obstacle is the Way by Ryan Holiday
To Sell Is Human by Daniel Pink
This is Water by David Foster Wallace
THE NEW LIST
Contagious by Jonah Berger
Everybody Writes by Anne Handley
Building a StoryBrand by Donald Miller
The 22 Immutable Laws of Marketing by Al Ries and Jack Trout
Positioning by Al Ries and Jack Trout
The Four Hour Workweek by Tim Ferriss
Rich Dad, Poor Dad by Robert Kiyosaki
Tribes by Seth Godin
Primal Branding by Patrick Hanlon
Ego is the Enemy by Ryan Holiday

Jun 1, 2020 • 21min
Run the Numbers!
#64 - Run the Numbers!
In theory, running a business is a somewhat simple affair. You make a thing and then charge people more for that thing than it cost you to produce it. This is what it means to run a profitable business. And of course, that’s what all of us want, right? To build a business that is inherently profitable…
And yet, for years now in the restaurant industry, it’s been death by a thousand cuts. As all costs go up, profitability goes down. And still, as an industry, we’ve just held on tight… determined to maintain the status quo. And yet the numbers don’t lie. They never do. In fact, the numbers tell us what is and is not possible. And that's why this is the perfect time to be talking about this.
Best of all, I'm sharing my budget template... the one I built more than a decade ago, and use with all of my clients. It is available now on the Restaurant Strategy website.
CLICK HERE to get The ONLY Restaurant Budget You'll Ever Need

May 25, 2020 • 1h 1min
INTERVIEW: Richard Jones, CMO of Cheetah Digital
#63 - INTERVIEW: Richard Jones, CMO of Cheetah Digital
This week, I’m thrilled to be speaking with Richard Jones, CMO of Cheetah Digital. The company describes itself as a cross-channel customer engagement solution provider. They offer everything from acquisition to loyalty and have worked with some of the world’s biggest brands including American Express, Hilton, Walgreens, and Williams-Sonoma.
Over the past two months he’s been working tirelessly to help brands navigate this crisis, and on this week's episode we talk all about what restaurant owners can be doing now to SURVIVE... and what they should be planning to THRIVE.
Check out the Cheetah Digital Website
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