Miguel Garza

Co-founder & Former CEO, Siete Foods · 1 appearance on the record.

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founderexecutivesietefoods.com ↗

Garza co-founded Siete Family Foods in 2014 alongside his family, scaling the grain-free Mexican-American food brand into major nationwide retailers. He served as the company's CEO through its $1.2 billion acquisition by PepsiCo.

9statements → 7claims → 3claims resolved → 100%fully supported → 3.78/5average certainty → 1.22/5average debate potential → ≈4.5/5argument clarity, estimated →

3 supported 0 partly supported 0 contradicted 4 not checkable as stated how the 7 claims stand · each chip opens the sources

7 assertions · 2 insights · every statement was checked. The predictions and assertions are the 7 claims: statements the public record can support or contradict. 3 are resolved, and 4 name no date, number or outcome precise enough to check. Everything else (opinions, insights, what ifs, disclosures) can never be settled by the record, so it carries no assessment.

The record, in short

What the tape says about how Miguel argues and how the claims held up. Everything they said, and everything said about them, is in the tabs below.

Their most notable supported claim

Assertion Supported
Siete Foods raised $1M from Austin angels and a Chicago broker
“Yeah, we raised a million dollars from a few angel investors here in town, and then a natural foods broker who's based out of Chicago.”
Miguel Garza Mar 15, 2021 ▶ 58:34 Siete Family Foods: Miguel and Veronica Garza

How they sound: not measured why? →

We measure speaking style by listening to the audio itself, and a fair number needs at least 2,000 words from one person on tape we have measured. There is too little of Miguel Garza on measured tape to publish a rate. This says nothing about how they speak.

Everything Miguel Garza said on How I Built This that made the record, most notable first. Filter by type, assessment or year in the ledger →

Insight
Garza: Never store tortillas in produce warehouses due to moisture and mold
“We had made one of the, a mistake, basically, which is don't store tortillas in a produce warehouse, because produce warehouses are humid, right? There's a lot of moisture, and produce has mold spores on it.”
Miguel Garza Mar 15, 2021 ▶ 1:01:17 Siete Family Foods: Miguel and Veronica Garza
Insight
Garza: Fast brand-building is the only defense when innovative products get copied
“If you have an innovative product, it'll probably get copied, and, like, the only thing that you have to play defense against that is building a brand and running as fast as you can.”
Miguel Garza Mar 15, 2021 ▶ 1:05:36 Siete Family Foods: Miguel and Veronica Garza
Assertion Not checkable as stated
Garza: Siete sold out its initial retail batch within 24 hours
“So we had put these tortillas on the shelf in May of 2014 at Wheatsville, and we put two cases to the shelf, and we had learned a little bit from owning the gym on, like, marketing a service-based business, so what, you know, what we did was we took a picture,…”
Miguel Garza Mar 15, 2021 ▶ 47:34 Siete Family Foods: Miguel and Veronica Garza
Assertion Not checkable as stated
Garza: Must B Nutty became Wheatsville's #1 refrigerated seller
“We had become the number one selling item in the entire refrigerated case.”
Miguel Garza Mar 15, 2021 ▶ 49:23 Siete Family Foods: Miguel and Veronica Garza
Assertion Supported
Siete Foods raised $1M from Austin angels and a Chicago broker
“Yeah, we raised a million dollars from a few angel investors here in town, and then a natural foods broker who's based out of Chicago.”
Miguel Garza Mar 15, 2021 ▶ 58:34 Siete Family Foods: Miguel and Veronica Garza
Assertion Supported
Siete Foods expanded to four Whole Foods regions in January 2016
“They had their regional call, and four regions ended up being very excited about the product, and so January of 2016, we ended up launching in four regions.”
Miguel Garza Mar 15, 2021 ▶ 1:03:26 Siete Family Foods: Miguel and Veronica Garza
Assertion Not checkable as stated
Siete Foods was profitable and growing sustainably during 2016 retail expansion
“Yeah, yeah, because we were, at that point in time, we were making enough money to grow the business sustainably, and we were, we weren't making big bets beyond the innovation”
Miguel Garza Mar 15, 2021 ▶ 1:09:44 Siete Family Foods: Miguel and Veronica Garza
Assertion Supported
Garza: Siete Foods is in over 16,000 retailers including Costco and Target
“So we're now in A little over 16,000 retailers were in places like Kroger and Costco and Target and Walmart”
Miguel Garza Mar 15, 2021 ▶ 1:12:19 Siete Family Foods: Miguel and Veronica Garza
Assertion Not checkable as stated
Miguel Garza: Siete Foods launched with under $2,000 in startup costs
“No, I actually think, so, Ziploc bags, not Ziploc, but like twist tie top bags, stickers for the label, like we went, As scrappy as possible. Yeah, it was probably maybe like under, just to get going, maybe under 2000.”
Miguel Garza Mar 15, 2021 ▶ 44:17 Siete Family Foods: Miguel and Veronica Garza

Appearances (1)

EpisodeDateSpeaking time
Siete Family Foods: Miguel and Veronica Garza Mar 15, 2021 26m
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