FULL COMP: The Voice of the Restaurant Industry Revolution

Office Hours: How to know when it’s time to open the next location


Listen Later

I’m Josh Kopel, a Michelin-awarded restaurateur and the creator of the Restaurant Scaling System. I’ve spent decades in the industry, building, scaling, and coaching restaurants to become more profitable and sustainable. On this show, I cut through the noise to give you real, actionable strategies that help independent restaurant owners run smarter, more successful businesses.

In this episode, I discuss the common pitfalls in restaurant marketing and the importance of having solid systems in place for growth. I emphasize that successful scaling requires a business that can operate independently of the owner and a clear plan for replication. I also share how to test readiness for expansion and highlight the significance of understanding financial metrics before making growth decisions.

Takeaways:

  • Most restaurant marketing fails because it's built on guesswork.
  • Growth isn't earned through vision, it's earned through replication.
  • If you can't replicate your profit, you're just cloning chaos.
  • The business must be leader-proof before it can be location-proof.
  • Scaling isn't about momentum. It's about predictability.
  • Walk away from the restaurant for three days and see what breaks.
  • You're building a machine so that you can build your dream.
  • If you don't know your math, then you're scaling fiction.
  • Assign ownership, create documentation, and build your replacement strategy.
  • Tell a friend who's thinking about opening another location.


Chapters
00:00 Introduction to Restaurant Marketing Challenges
02:44 The Importance of Systems for Growth
05:38 Testing Readiness for Expansion

If you’ve got a marketing or profitability related question for me, email me directly at [email protected] and include Office Hours in the subject line. If you'd like to scale the profitability of your restaurant in only 5 days, sign up for our FREE 5 Day Restaurant Profitability Challenge by visiting https://joshkopel.com.

...more
View all episodesView all episodes
Download on the App Store

FULL COMP: The Voice of the Restaurant Industry RevolutionBy Josh Kopel

  • 4.9
  • 4.9
  • 4.9
  • 4.9
  • 4.9

4.9

142 ratings


More shows like FULL COMP: The Voice of the Restaurant Industry Revolution

View all
The Art of Manliness by The Art of Manliness

The Art of Manliness

14,247 Listeners

The EntreLeadership Podcast by Ramsey Network

The EntreLeadership Podcast

4,372 Listeners

The Rich Roll Podcast by Rich Roll

The Rich Roll Podcast

11,924 Listeners

The GaryVee Audio Experience by Gary Vaynerchuk

The GaryVee Audio Experience

16,798 Listeners

Well-Oiled Operations with Stacy Tuschl by Stacy Tuschl

Well-Oiled Operations with Stacy Tuschl

521 Listeners

How I Built This with Guy Raz by Guy Raz | Wondery

How I Built This with Guy Raz

30,232 Listeners

Masters of Scale by WaitWhat

Masters of Scale

3,989 Listeners

The Game with Alex Hormozi by Alex Hormozi

The Game with Alex Hormozi

4,386 Listeners

Worklife with Adam Grant by TED

Worklife with Adam Grant

9,182 Listeners

The Dave Chang Show by The Ringer

The Dave Chang Show

8,362 Listeners

The Prof G Pod with Scott Galloway by Vox Media Podcast Network

The Prof G Pod with Scott Galloway

5,387 Listeners

All-In with Chamath, Jason, Sacks & Friedberg by All-In Podcast, LLC

All-In with Chamath, Jason, Sacks & Friedberg

9,316 Listeners

A Bit of Optimism by Simon Sinek

A Bit of Optimism

2,147 Listeners

The Restaurant Prosperity Formula by David Scott Peters

The Restaurant Prosperity Formula

33 Listeners

Prof G Markets by Vox Media Podcast Network

Prof G Markets

1,192 Listeners