📺 Stream EntrepreneurTV for Free 📺

This Entrepreneur Quit His Job to Start a Company -- Any Company -- After He Held an iPhone for the First Time. Now His Weight Loss App Has 30 Million Users. Lose It! founder Charles Teague explains why it's better to base a business on big trends.

By Jason Saltzman Edited by Dan Bova

entrepreneur daily

Opinions expressed by Entrepreneur contributors are their own.

Charles Teague is the CEO and founder of Lose It!, a weight loss community for inspiration, guidance, support and challenges. He sold his first company to Microsoft and was skeptical about the mobile world until he held his first iPhone in 2008. That is the moment he realized he needed to be an advocate for mobile. Fast forward to today Lose It! has over 30 million users with a small team of 20 individuals. Click play to learn how Teague can manage a small core team with millions of users in this episode of Resilience.

Watch the more epsiodes on Alley's YouTube channel.

Related: You Don't Need to Be a Master Fundraiser or Networker to Be Successful. You Just Need to Find the Right Team.

Entrepreneur Network is a premium video network providing entertainment, education and inspiration from successful entrepreneurs and thought leaders. We provide expertise and opportunities to accelerate brand growth and effectively monetize video and audio content distributed across all digital platforms for the business genre.

EN is partnered with hundreds of top YouTube channels in the business vertical. Watch video from our network partners on demand on Amazon Fire, Roku, Apple TV and the Entrepreneur App available on iOS and Android devices.

Click here to become a part of this growing video network.

Jason Saltzman

Startup Mentor, Entrepreneur, CEO of Alley

Jason Saltzman is a seasoned entrepreneur with a background in sales and marketing. Through his role as CEO of Alley and as a TechStars mentor, he advises hundreds of startups, offering real-life practical application and creative marketing advice.  

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

More from Resilience

How This Founder Overcame Challenges He Never Saw Coming

Here's How This PR Maven Balances Deadlines, Family Life and Uncertainty

What Are You Willing to Do to Hire the Right People?

How This Entrepreneur Used a Personal Challenge to Disrupt Her Industry

Side Hustle

These Coworkers-Turned-Friends Started a Side Hustle on Amazon — Now It's a 'Full Hustle' Earning Over $20 Million a Year: 'Jump in With Both Feet'

Achal Patel and Russell Gong met at a large consulting firm and "bonded over a shared vision to create a mission-led company."

Business News

These Are the 10 Most Profitable Cities for Airbnb Hosts, According to a New Report

Here's where Airbnb property owners and hosts are making the most money.

Side Hustle

How to Turn Your Hobby Into a Successful Business

A hobby, interest or charity project can turn into a money-making business if you know the right steps to take.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Productivity

Want to Be More Productive? Here's How Google Executives Structure Their Schedules

These five tactics from inside Google will help you focus and protect your time.

Starting a Business

This Couple Turned Their Startup Into a $150 Million Food Delivery Company. Here's What They Did Early On to Make It Happen.

Selling only online to your customers has many perks. But the founders of Little Spoon want you to know four things if you want to see accelerated growth.