Framework
Pay-to-lose-weight: stake $800, earn $25/day back for staying in range
Justin Mayer ran a 30-day weight-loss experiment: participants Venmo $800 upfront, get a blood-glucose monitor, and are refunded $25 each day they keep glucose inside the prescribed range. Miss the range, he keeps the money — a loss-aversion accountability mechanism.
“If you stay in that range for the day, he Venmos you back $25 for the day. And if you don't, he keeps your money.”
Steal thisBuild accountability products on loss aversion: take a refundable cash stake upfront and pay it back daily only when the user hits the goal.
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