The film is about how the protagonist, played by Shahid, enters a reality show before being rejected a number of times. In real life too, Shahid went through numerous auditions before he got his break in Ishq Vishk.
Another instance is that of Shahid's school days when he played the role of a tree in one of his school plays. His mother loved him in the part and this too is a part of the film."
Also when he was an aspiring actor, Shahid would travel in his second-hand car which is similar to what his character does in the film. His character, during his struggle and before being selected in the reality show, actually lives in his car as he isn't financially well off, though that is not quite the way Shahid lived.
Talking about the film, Shahid said, "Yes, there are many scenes in Chance Pe Dance which are similar to my life but it's not a deliberate attempt to do so. The scenes just turned out like that."