• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

Power companies are using eminent domain to seize land for data centers as 70% of Americans say not in my backyard

2

'Dr. Doom' Nouriel Roubini says we're headed for universal basic income or 'some form of socialism' as AI revolutionizes work—He calls that optimistic

3

Red Lobster’s 37-year-old CEO waited tables before joining the C-suite—he says it was a crash course in managing ‘difficult people and situations’

1

Power companies are using eminent domain to seize land for data centers as 70% of Americans say not in my backyard

2

'Dr. Doom' Nouriel Roubini says we're headed for universal basic income or 'some form of socialism' as AI revolutionizes work—He calls that optimistic

3

Red Lobster’s 37-year-old CEO waited tables before joining the C-suite—he says it was a crash course in managing ‘difficult people and situations’

5 Ways to Profit From the Exciting Future of Food

By
Verne Harnish
Verne Harnish
Down Arrow Button Icon
By
Verne Harnish
Verne Harnish
Down Arrow Button Icon
June 10, 2016, 1:00 PM ET
Kimbal Musk, Co-founder, The Kitchen
Interviewer: Beth Kowitt, Senior Writer and Co-chair, MPW Next Gen, Fortune
Kimbal Musk, Co-founder, The Kitchen Interviewer: Beth Kowitt, Senior Writer and Co-chair, MPW Next Gen, FortunePhotograph by Stuart Isett/Fortune Brainstorm E
Add Fortune on Google for similar content.

1. Make it taste good

VER.07.01.16.illo5

That sounds obvious—but it isn’t easy with customers ever more specific in their dietary requirements. Selling gluten-free, dairy-free, kosher treats, By the Way Bakery has grown to three New York locations and a wholesale business. Its secret: using fine ingredients like Belgian chocolate. “Once you’re kicking out the familiar flavors of wheat and butter,” says founder Helene Godin, “you have to make sure your mouth is still delighted.”

Illustrations by Jessica Wright/Silver Hare Creative for Fortune Magazine

2. Join the revolution

VER.07.01.16.illo4

It’s not surprising that big chains like McDonald’s (MCD) are feeling pressure to change when you consider the likes of Kimbal Musk (yes, Elon’s brother), who is one of many offering a healthier way of eating. His chain, the Kitchen—made up of eight restaurants serving fare from local farmers in cities such as Boulder, Denver, and Chicago—runs more than 290 “learning gardens” in schools across the country to help children grow and enjoy fresh produce via a sister nonprofit. Musk is investigating innovations to scale organic farming. “Food is the new Internet,” he says.

3. Go local

VER.07.01.16.illo3

It’s easier than ever for urban restaurateurs to serve fresh fare. For example, Boston’s Freight Farms sells hydroponic farms (for $82,000) in recycled shipping containers, which you can set up in an empty lot. The goal, says CEO Brad McNamara, is to grow food closer to where consumers live. The 20-person startup generated $3 million last year, selling to chefs and university food-service providers. “You just plug it in,” McNamara says, “add water, and the farm is ready to go.”

For more on the food industry, watch this Fortune video:

4. Connect to the community

VER.07.01.16.illo2

Consumers are tired of cloned, corporatized eateries. McMenamins, a family business based in Portland, Ore., creates a unique vibe at its 54 pubs and restaurants by opening them in local landmarks, like former schools. The company researches each space, decorates it with documents and photos from the past, and holds events. “It’s about creating an experience for someone rather than just a place to eat,” says co-founder Mike McMenamin. Foodies are willing to pay for that: McMenamins hit $125 million in revenue last year.

5. Keep it traceable

VER.07.01.16.illo1

As people demand to know exactly how food gets to their table, entrepreneurs who can answer their questions will profit. Red’s Best, a Boston-based seafood purveyor that unloads fishing vessels, has developed an app that reveals the origins of each fish, so restaurants can share the information on their menus. “It tells end users the full story of the catch,” says CEO Jared Auerbach. Red’s Best has expanded to 80 employees at three wholesale facilities and a fish market.

Verne Harnish is the author of “Scaling Up.”

A version of this article appears in the June 15, 2016 issue of Fortune.

About the Author
By Verne Harnish
See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in

debt
Personal Financestudent loans and debt
Meet a 40-year-old who filed for bankruptcy in 2022 but still can’t erase $94,000 in student-loan debt: ‘you’re just lost in the system somewhere’
By Heather Hollingsworth, Nicky Forster and The Associated PressJuly 20, 2026
2 hours ago
Current price of gold as of July 20, 2026
Personal Financegold prices
Current price of gold as of July 20, 2026
By Danny BakstJuly 20, 2026
2 hours ago
jd
PoliticsWhite House
JD Vance becomes first sitting president to welcome a child in office in over 150 years
By Darlene Superville and The Associated PressJuly 20, 2026
2 hours ago
nolan
Arts & EntertainmentHollywood
‘Everybody’s a sucker for a dog’: scholars see modern schmaltz in Christopher Nolan’s Odyssey
By Hillel Italie and The Associated PressJuly 20, 2026
2 hours ago
Artificial Intelligence technology and futuristic technology transformation
C-SuiteCFO Daily
How CFOs can tell if AI is actually creating value
By Sheryl EstradaJuly 20, 2026
2 hours ago
andy
PoliticsUnited Kingdom
Andy Burnham accuses UK of taking wrong turns since the 1980s in first speech as Prime Minister outside 10 Downing Street
By Jill Lawless and The Associated PressJuly 20, 2026
2 hours ago

Most Popular

Power companies are using eminent domain to seize land for data centers as 70% of Americans say not in my backyard
AI
Power companies are using eminent domain to seize land for data centers as 70% of Americans say not in my backyard
By Aaron Walayat and The ConversationJuly 19, 2026
1 day ago
'Dr. Doom' Nouriel Roubini says we're headed for universal basic income or 'some form of socialism' as AI revolutionizes work—He calls that optimistic
AI
'Dr. Doom' Nouriel Roubini says we're headed for universal basic income or 'some form of socialism' as AI revolutionizes work—He calls that optimistic
By Jason MaJuly 18, 2026
2 days ago
Red Lobster’s 37-year-old CEO waited tables before joining the C-suite—he says it was a crash course in managing ‘difficult people and situations’
Success
Red Lobster’s 37-year-old CEO waited tables before joining the C-suite—he says it was a crash course in managing ‘difficult people and situations’
By Preston ForeJuly 19, 2026
1 day ago
A decade after the ‘Godfather of AI’ said radiologists were obsolete, their salaries are up to $571K and demand is growing fast
AI
A decade after the ‘Godfather of AI’ said radiologists were obsolete, their salaries are up to $571K and demand is growing fast
By Marco Quiroz-GutierrezJuly 19, 2026
1 day ago
Indeed chief economist: Aging Baby Boomers are America's real labor problem, not AI
Commentary
Indeed chief economist: Aging Baby Boomers are America's real labor problem, not AI
By Svenja GudellJuly 18, 2026
2 days ago
Markets brace for return to all-out war in Iran amid rising U.S. death toll, while former NATO commander warns Suez Canal could be next
Middle East
Markets brace for return to all-out war in Iran amid rising U.S. death toll, while former NATO commander warns Suez Canal could be next
By Jason MaJuly 19, 2026
15 hours ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.