If wishes were horses, all the assumptions we take during journey of entrepreneurship, would need to come out true.
Assumption is nothing but hypothesis. So evidence based entrepreneurship is all about providing results about the assumptions set.
Now a fiction
A sweet little boy believed in love. He undertook entrepreneurship quest to make love an essence in every one”s life
assumption : if a human has heart, the heart has to fall in love.
he took a sample of 1000 local individuals and found 20 not fallen in love yet but all others had experienced love at least once.
the assumption was working right..
now to prove next..
assumption: all lovers will gift at least once to their beloved
alas here he found 600 were one sided lover.. from 380 left outs, only 40 gave roses to their girl friend, 100 best wishes, 240 just took their lover for granted..
now the boy got a bit curious..
so out of 40 who actually gave rose,
he felt from 1000, only 40 was monetizable entity
means only 4%
but there his girl friend lara rushed and gave an insight.. from 600 one sided lover.. all purchased rose at least once to give to their girl friend or at least sigh and shred the petals in dispair..
wow now 640 samples seemed positive..
so next the guy decided to own huge lands and planted flowers left right and center.. and began exporting.. and now an ace exporter.. also angel.. the guy teaching evidence based entrepreneurship..
absolute fiction.. passion framework just tries to explain entrepreneurship theories in entertaining way.