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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

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.

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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.

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