Weight is just calories burned vs. calories consumed, and a pound of fat is about 3500 calories. So to lose a pound, you have to create a net 3500 calorie deficit. Simple as that. If your weight is steady, and you don't change your diet at all, a 500-calorie aerobic workout every day will cause about a one pound loss per week. If you don't change your level of activity at all, and reduce the calories in your diet by 500 per day, you will also lose about one pound in a week. Both of those things are hard to do. One nice snack can cancel out an hour of hard work.
But it still comes down to the biochemical fact that you have to create a caloric deficit of around 3500 for every pound you want to lose.