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JPMorgan CEO Says This Trait Is a Leader's Biggest Downfall
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Plus: Why food giants are losing shoppers, simple snack becomes $20M brand, and most of your features are wasted. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
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JULY 24, 2026
</td>
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<p style="font-weight: bold; font-size: 15px; margin-bottom: 10px; color: #0073e6;">
What's on deck today:
</p>
<ul style="margin-top: 0; margin-bottom: 0; padding-left: 22px; color: #333333;">
<li>
Why General Mills and Kraft Heinz are losing shoppers
</li>
<li>
Jamie Dimon on the trait that defines bad leaders
</li>
<li>
A simple snack became a $20M restaurant brand
</li>
<li>
Why 80% of your product features are dead weight
</li>
</ul>
<hr style="border: 0; border-top: 1px solid #e0e0e0; margin: 18px 0;"/>
<p style="font-weight: bold; font-size: 15px; margin-bottom: 10px; color: #0073e6;">
Market snapshot:
</p>
<ul style="margin-top: 0; margin-bottom: 0; padding-left: 22px; color: #333333;">
<li>
S&P 500
<span style="color: #cc0000;">
▼ 1.23%
</span>
</li>
<li>
Dow Jones
<span style="color: #cc0000;">
▼ 1%
</span>
</li>
<li>
NASDAQ
<span style="color: #cc0000;">
▼ 2.21%
</span>
</li>
</ul>
<hr style="border: 0; border-top: 1px solid #e0e0e0; margin: 18px 0;"/>
<p style="font-weight: bold; font-size: 15px; margin-bottom: 10px; color: #0073e6;">
Unlock the Insights That Drive Smarter Business Decisions:
</p>
<p style="margin-top: 0; margin-bottom: 10px; color: #333333;">
Join Entrepreneur+ for exclusive deep-dives, expert strategies and unfiltered access to the content serious founders and leaders rely on to stay ahead.
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Get started
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<h2 align="left" style="margin:0; line-height:115%; text-align:left; font-weight:normal; font-size:22px">
<span style="font-family: Tahoma, sans-serif;">
<span style="font-family: Georgia, serif;">
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<a data-hs-link-id="0" data-hs-link-id-v2="LYdTB0nm" rel="noopener" style="text-decoration:none; font-weight:bold; color:#000000" target="_blank">
Here’s Why Big Food Companies, Like General Mills and Kraft Heinz, Are Losing Their Grip on Shoppers
</a>
</span>
</span>
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</span>
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<div style="line-height:175%">
<span style="font-weight: bold;">
</span>
<p style="line-height:150%">
<span style="font-weight: bold;">
Faced with falling profits,
</span>
<span style="font-weight: normal;">
the biggest food names in America
</span>
have recently begun rolling out initiatives to win customers back. Companies such as
<span style="font-weight: normal;">
General Mills
</span>
and
<span style="font-weight: normal;">
Kraft Heinz
</span>
have reduced prices, intensified marketing campaigns and infused protein into recognizable products, from Cheerios to Goldfish, to lure back shoppers.
</p>
<p style="line-height:150%">
</p>
<p style="line-height:150%">
Despite their best efforts, these companies have yet to see results. According to a recent report from
<a data-hs-link-id="0" data-hs-link-id-v2="opxz730K" style="color:#2563eb" target="_blank">
The Wall Street Journal
</a>
, consumers are increasingly turning away from Big Food products and moving towards fresh foods and cleaner ingredients. They are ignoring the calorie-heavy, ultraprocessed foods found in the center of grocery stores.
</p>
<p style="line-height:150%">
</p>
<p style="line-height:150%">
Weight-loss drugs are a major reason for the transition, per the Journal. More than 10% of American adults now take a GLP-1, and that percentage continues to rise.
</p>
<p style="line-height:150%">
</p>
<p style="line-height:150%">
Big Food management keeps pointing to “
<a data-hs-link-id="0" data-hs-link-id-v2="9RkTevTE" style="color:#2563eb" target="_blank">
stressed consumers
</a>
” and promises things will turn around. However, the numbers tell a different story — they show that these companies are shrinking and don’t have a viable plan to fix it.
</p>
<p style="line-height:150%">
</p>
<p style="line-height:150%">
According to the Journal, Big Food stocks are now trading at their steepest discount to the broader market in at least 20 years.
</p>
</div>
<ul style="line-height:150%">
</ul>
</div>
</div>
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<a data-hs-link-id="1" data-hs-link-id-v2="WfklIHQL" style="color:#00a4bd" target="_blank">
<img align="middle" alt="Maggie-and-Kyle-Gordon" src="https://inboxflows.com/_/image/https%253A%252F%252Fhs-21266006.f.hubspotemail.net%252Fhub%252F21266006%252Fhubfs%252FImported%2520sitepage%2520images%252FMaggie-and-Kyle-Gordon.jpg%253Fwidth%253D1160%2526upscale%253Dtrue%2526name%253DMaggie-and-Kyle-Gordon.jpg/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZocy0yMTI2NjAwNiIsInRpbWUiOjE3ODQ4OTA4NDcuNzE5MzQxNX0:1wnDe3:CcBTBUQYlezBVrtnmB-ND6FWagbfoityEigh-la7o5g" style="outline:none; text-decoration:none; border:none; max-width:100%; font-size:16px; border-radius:2%" width="580"/>
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<p style="line-height:150%">
<span style="font-weight: bold;">
In 2013, Kyle and Maggie Gordon
</span>
opened the first
<a data-hs-link-id="0" data-hs-link-id-v2="cH05/dFD" style="color:#2563eb" target="_blank">
Dillas Primo Quesadillas
</a>
in Plano, Texas, dedicating their resources to a restaurant solely focused on quesadillas. The husband-and-wife duo believed that the quesadilla could be the next chicken fingers — a simple, universally adored food category. They were willing to bet the family’s savings on it, even though, at the time, they were in their late 20s and had young children.
</p>
<p style="line-height:150%">
</p>
<p style="line-height:150%">
They planned to spend $200,000 to get the first Dillas location up and running, but Kyle tells
<em>
Entrepreneur
</em>
that it ultimately cost around $500,000.
</p>
<p style="line-height:150%">
</p>
<p style="line-height:150%">
“We passed the hat around,” Kyle says. “It was friends and family and Maggie’s and my savings. We couldn’t get a bank loan, so that’s how you had to do it back in the day.”
</p>
<p style="line-height:150%">
</p>
<p style="line-height:150%">
Thirteen years later, their bet is paying off. Dillas has 11 locations across Texas and Louisiana, with average annual sales revenue of around $2 million per location. The top location is approaching $2.5 million in sales revenue. The company’s projected 2026 revenue is $20 million.
</p>
<p style="line-height:150%">
</p>
<p style="line-height:150%">
“We knew that we had a unique space,” Maggie says. “We’re the only quesadilla-focused concept, putting that front and center. There’s no one else doing it, so that was something super unique.”
</p>
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<strong style="color:#ffffff;font-weight:bold;text-decoration:none;font-style:normal;">
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Quick Hits
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<p style="line-height:175%">
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</span>
Spend Their Free Time
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Perfect for Families
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<a data-hs-link-id="0" data-hs-link-id-v2="azv8N1p8" rel="noopener" style="text-decoration:none; font-weight:normal; color:#000000" target="_blank">
→
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Here's How Much Wealth
</span>
You Need to Thrive
</a>
</span>
</p>
<p style="line-height:175%">
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Do This Today ✅
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<p style="line-height:150%">
<span style="font-weight: bold;">
Ask yourself these three questions
</span>
to decide if you need to trim some features from your product or service. Remember: the best products in the world are not famous for what they do. They are famous for what they
<em>
don’t
</em>
do. They have the courage to stay simple.
</p>
<p style="line-height:150%">
</p>
<p style="line-height:150%">
To keep your product lean, you must change your company culture. You have to stop rewarding teams for launching things. Start rewarding them for
<a data-hs-link-id="0" data-hs-link-id-v2="wF6eV4Y+" style="color:#2563eb" target="_blank">
optimizing things
</a>
. Before any new feature gets written, force your team to answer three strict questions:
</p>
<ol style="line-height:150%">
<li>
What exact problem does this solve for our main user persona?
</li>
<li>
Can the user solve this problem using our existing tools?
</li>
<li>
What feature are we going to delete to make room for this new one?
</li>
</ol>
<p style="line-height:150%">
This last question is the most important. It is called the “one in, one out” rule. It keeps your product container from overflowing. It forces your team to think like editors, not hoarders. This principle applies across industries.
</p>
<p style="line-height:150%">
</p>
<p style="line-height:150%">
<em>
-Insight from Murali Nethi, founder and CEO of SnapBlooms
</em>
</p>
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<ol style="line-height:175%">
</ol>
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