Camber Creek reposted this
One of the most criticalâyet often overlookedâfactors in the success of a startup is âtime to valueâ (TTV). Itâs a straightforward concept: how fast can your customer realize the benefit of what youâre selling? TTV is both quantifiable (e.g., the number of days from implementation to ROI) and qualifiable (e.g., how smooth and satisfying the process is). In the proptech space, TTV is more than a buzzwordâitâs existential. Real estate is notoriously conservative when it comes to technology adoption, and hereâs the kicker: it often takes 6â9 months for real estate companies to successfully integrate new software into their tech stacks. Let that sink in. A six-month timeline isnât just slow; itâs a deal killer in an industry where time equals money, and patience is thin. This is where proptech founders need to be hyper-focused. If youâre building in this space, your single biggest lever for success is shortening that timeline. Every extra day your customer spends wrestling with setup or trying to see results is another day their enthusiasm wanesâand another chance they drop it entirely. Hereâs how you win: 1. Nail the Onboarding: Your first job is to eliminate friction. This means out-of-the-box integrations with legacy systems, where possible. It means crystal-clear instructions and exceptional customer support that doesnât leave anyone guessing. 2. Deliver Quick Wins: Early momentum is everything. Find the low-hanging fruitâwhether itâs streamlining lease management or automating tenant communicationsâand make sure your customers see value immediately. Success breeds success. 3. Relentless Iteration: Your early adopters are your best teachers. Sit down with them. Understand where they get stuck. Then fix it. Ruthlessly. Remember, youâre not just competing with other startups. Youâre competing with inertia, skepticism, and decades of âthe way weâve always done things.â The name of the game is to show value fastâso fast that thereâs no turning back. At the end of the day, startups live and die by their ability to create momentum. Optimize for âtime to value,â and youâre not just delivering a better experienceâyouâre giving yourself a seat at the table in an industry poised for transformation. #proptech #realestate #contech #construction #vc #venturecapital #startups #tech