How do you make chalk paint on a wall?

The provided source doesn't describe making chalk paint for a wall, but rather painting a wall with chalkboard paint. Therefore, the answer will focus on applying chalkboard paint to a wall.

1. Prepare the wall for painting.
2. Apply a first coat of chalkboard paint.
3. Let the first coat dry.
4. Apply a second coat of chalkboard paint while the first is dry.
5. While the second coat is still wet remove any painter's tape.