How I Built This with Guy Raz Advice Line with RJ Scaringe with Rivian
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May 15, 2025 
RJ Scaringe, founder and CEO of Rivian, shares his insights on the electric vehicle industry and offers valuable advice to early-stage entrepreneurs. He discusses the impact of trade policies on the automotive supply chain and emphasizes the need for adaptability in business. Kwadwo Swan Pimpong, founder of Crafted Glory, contemplates leaving his job to fully commit to his unique furniture brand. The duo tackles key entrepreneurial challenges like financing, growth strategies, and the art of balancing passion with practicality.
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Find Aligned Investors to Scale
- To scale a business globally, begin by seeking the right external investors.
- Prioritize investors aligned with your vision and patient to allow brand building.
Leverage Networks for Fundraising
- Use your existing network to raise initial capital for growth.
- Have many conversations to find investors who share your vision.
Secure Runway Before Quitting Job
- Assess if demand justifies leaving your day job to grow your business full-time.
- Build a reliable customer base or contracts to create financial runway before quitting.