Entrepreneurs and corporate innovators alike often struggle to figure out when a hypothesis is validated. Because it isn’t as simple as we’d like to believe.
The question “has your hypothesis been validated?” by leadership is often a point of contention.
The scoring system is base on two components to assess how much risk you have reduced in your business idea. Ie, how much closer you are to validating your hypothesis.
Strength of evidence
Number of data points
You can download the scorecard here.
Learn more about evidence-based decision-making by signing up for our masterclass on Testing Business Ideas here.