Time matters, though it's not necessarily that you need to be able to build something the fastest. But you do need to be able to innovate in a timely manner.

Especially when those looking to innovate are typically those looking to innovate quickly and stay ahead of the competition. In many instances, it can be something of a race, and with immense competition across just about every field, being at the head of the pack can help you be successful.

With the right pace, you also need access to the right resources. This is because resources indicate your ability to innovate. Without them, an idea is simply just an idea, and pursuing something without the necessary resources will cause you to spend more time pursuing resources than innovating.

Ask yourself if you have the resources at hand (or within reach), from the right network to the right people, to be able to innovate the way you plan to.

You need to have the physical resources, or raw materials, available to be able to innovate. Raw materials are often something that holds startups back in terms of speed.

But trouble sourcing raw materials can also be to the detriment of a startup that depends on them.