TNT: Randy Schmidt on losing weight with Lose It or Lose It
The failure of some business plans are more productive than others.
If an online service that Web developer Randy Schmidt launched last week has enough success in helping people lose weight, Lose It or Lose It might be remembered as among the most productive failures to come out of the IndyHall co-working scene.
“It’s basically just a friend that keeps track of you and your weight loss for 10 weeks,” says Schmidt, of iSepta fame. “You sign up and put up dollars per pound and set a goal of pounds to lose per week. If you meet your goals, it costs you nothing.”
That’s the kind of pressure that Schmidt says he needs himself.
