The P3 Mastermind
Founded and Hosted by Chip Klose
The P3 Mastermind is...
A group coaching program dedicated to helping Independent Restaurant Owners increase the profitability of their restaurants. There is a 6-month commitment, but most of our members see major results within their first 90 days. For those who struggle to generate consistent, predictable 20% profits each and every month, this group is for you!
What is the Investment?
P3 Mastermind
$1,200/month
6 Month Commitment
P3 Plus
$3,000/month
6 Month Commitment
What do I get with the program?
>> 2-hour weekly group coaching calls via Zoom
>> Access to Weekly Office Hours (20-minute private sessions)
>> Access to our online course, Restaurant Recharge, which features 44 video lessons plus a workbook and resource bundle
>> Restaurant Foundations Membership Community, which houses tons of additional video content, plus a monthly Masterclass.
>> Early-bird access with discounted member pricing for the P3 Profitability Summit (3-day live event)
>> Special "members only" pricing for industry-leading software such as MarginEdge and TimeForge
Want to speak with a member of our team about the Program? Schedule a call by clicking above.
Who is the program for?
We currently have over 150 members in the program spread across 4 different mastermind groups, and they all have two things in common:
1) They are passionate leaders who have built thriving businesses.
2) They have all raised their hands to ask for help.
As a coach I am profoundly moved by the fact that our members are humble enough to admit that there’s something they don’t know. And that’s where we come in… to help them with PROFIT and GROWTH.
What is the purpose of the program?
While we do focus on marketing and customer acquisition strategies to grow top line revenue, profit is quite literally the only thing that matters in your business. What good is great food and service if you can’t pay your bills (or yourself). We work with passionate owners and operators who have built thriving businesses, yet struggle to generate consistent, predictable 20% profits. We will help you turn things around in 6 months or you get your money back.
So how do you get results?
The challenges facing Restaurant Owners are not unique. But, each business is unique and dealing with their own specific struggles and successes. That's why the program is tailored to meet you where you're at and create an action plan to get you to 20% profits.
The heart of the program are the weekly mastermind sessions with Chip. We like to say that the program is member-led, meaning YOU help set the agenda. Each week we start our sessions with Member Hot Seats (more on that below)... and then we also collect questions from the group that helps structure our time. We call that Member Agenda. Any questions that go unanswered remain on the list to be answered the following week. The majority of our time each week is dedicated to this open Q&A format. The rest of the time is reserved for our hot seats...
What exactly is a hot seat?
All new members go on the "hot seat" in each of their first three months. This is to make sure that new members get specific attention early on and come up with an action-plan to achieve your goals.
THE FIRST HOT SEAT:
P&L Review
Since our goal is to solidify profitability, we need to begin by looking at the numbers. Why? Because numbers never lie. We’ll see right there in black and white what’s working and what isn’t. That largely dictates where we focus moving forward and helps us create your unique plan of action.
THE SECOND HOT SEAT:
Forecasting & Budgeting
Chip will provide you and your team with a spreadsheet to use for budgeting and forecasting. He will then show you exactly how to forecast revenue and how to use those projections to generate budgets for all of the key areas of your operation, so that you can trim expenses and identify areas for improvement. This, perhaps more than anything else, is what transforms businesses.
THE THIRD HOT SEAT:
Marketing
Specifically, you’ll be introduced to a framework Chip has developed called the “Triangle Principle.” You will be invited to build a simple 3-page marketing plan that will help you hone in on three key areas: acquisition, retention, and evangelism. Simply put: “You gotta get them in, get them back, and get them talking.” And there are specific things we show you to do in each of those areas to increase your top line revenue.
Is there a methodology?
The P3 Mastermind Program is results-oriented. It all comes down to effective systems and goals, and having the expertise and support you need to see it through. Proper goal setting is about identifying what you want and then we put a system into place to help make it happen.
P3 members are invited to begin with the end in mind. That’s true when we’re targeting profitability or trying to build repeat lunch business. Figure out what you want to happen, then take specific action in order to make that thing happen.
This simple mindset shift, coupled with ongoing support, will change your business.
But don't take my word for it, check out the numbers to the left to see real results from our members.
Can we talk about the
P3 Profitability Summit?
One of the best parts of the P3 Mastermind is the community you'll start to build. Each week, restaurant owners from all over the world log in to the same Zoom call to help each other work through common issues.
But, we wondered...can we go further?
Each year we host a live 3-day event where we're able to go even deeper than we could on the weekly calls. This is an annual, in-person event that moves to a different city every single time we host it.
As a P3 Member, you'll get early access to tickets at discounted pricing.
As a P3 Member you'll get early access to tickets and at a discounted price. Each event is capped at 100 attendees, and they ALWAYS sell out.
Can we talk about the money-back guarantee?
This is a big investment. We get that. And we’re not here to take your money and run. We’re with you for the next 6 months, helping you put systems in place to generate consistent, predictable 20% profits each and every month. We believe in the program and the results we're able to get for our members, but if you're really not seeing the results you want after 6 months, we will refund every dollar you've invested in the P3 Mastermind Program.
HERE'S THE DEAL...
✘ You have to show up every single week to the live Zoom sessions.
✘ You have to take action on everything we tell you to do.
✘ You must go through the online course and complete the handbook provided.
In the end, if you do all of those things, you can’t help but see a positive result. BUT if do everything asked of you, and still don’t see the impact we promised… we’ll refund every dollar you invested AND keep working with you until you get where you want to be.
How do I get started?
✘ Once you’re ready to join us, we’ll get you enrolled with an email address and credit card.
✘ Once payment has been processed, we’ll send you a simple two-page agreement that outlines your responsibility to the group and our responsibility to you. (Ultimately this puts all of us on the same page and provides some real accountability.)
✘ Once that agreement is signed and returned you’ll be officially onboarded. You’ll get a series of invites to the calendar, zoom links, google sheet schedule, online course, and more. A welcome email will explain everything you need to know ahead of your first live session.
A Bit About Our Founder
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Chip Klose is a NYC-based restaurant coach as well as the host of the Restaurant Strategy podcast. Over the past 20 years he’s worked with James Beard Award-winners and Michelin-starred chefs, and has opened numerous properties to rave reviews in one of the most saturated markets in the world.
His goal — both in the work he does with his clients as well as on the podcast — is to help owners and operators build more profitable restaurants. Guests on his podcast have included New York Times bestselling author Martin Lindstrom, Wharton professor Peter Fader, Founder of Cali BBQ Media, Shawn Walchef, and many, many more. The show is consistently listed on Apple’s Top 100 Marketing Podcasts, and was recently voted as a Top 20 Restaurant Podcast by Feedspot.
As a coach he’s worked with dozens of companies, helping them with everything from menu costing and payroll to developing a framework for how to position their restaurant in the market.
He’s a sought-after public speaker, lecturing on many topics including profitability, marketing, and the intersection of hospitality and tech. His first book, The Restaurant Marketing Mindset, was released in the fall of 2023 by Amplify Publishing.
