Crushing the NYU Startup Bootcamp: Q&A with Kyle Yang (Stern MBA '21) - NYU Entrepreneurship (2024)

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Kyle Yang (Stern MBA '21), founder of War Locker, a startup that is re-designing the athletic cup, recently completed the NYU Startup Bootcamp program. To give prospective Bootcampers a participant's perspective on the program, we asked Kyle some questions about his journey, his startup, and his experience in the Startup Bootcamp! Interested intesting the value ofyour ideas and validating (or invalidating!)the problemyou are hoping to solve foryour target customer? Read on to find out how you can push your startup idea to the limit!

NYU Entrepreneurial Institute: Introduce yourself and your startup idea. How did the idea come about?

Kyle Yang: I grew up in Taiwan, and moved to Boston when I was 13. One of the first things I did to assimilate to American culture was playing football. I played as a lineman during my freshman year in high school, and it was then that I first noticed the wide unpopularityof the athletic cup, aka "jockstrap" among football players. About three years ago, I had a recollection of that memory, and I decided to redesign this urgently needed yet poorly designed gear. Thus, War Locker was born.

Institute: How long have you been working on your startup? How did you get to where you are now?

KY:I started three years ago, and I'm now ready to launch the product (A3 Jock) and working on a go to market strategy. I also have two other patent pending fitness products in the pipeline under the same brand. Prior to attending NYU Stern for my MBA, I worked as a commercial real estate consultant, and I basically invested whatever savings I had from my day job to hire a patent lawyer and industrial engineer to get started.

Institute:How did you hear about the Startup Bootcamp? What made you apply?

KY: I just started the MBA program two months ago, so I am still trying to balance school with War Locker. Before I officially launch, I'm also trying to learn from as many mentors at NYU and use as many entrepreneurship resources as possible, and the Startup Bootcamp is one of those resources. I learned aboutit through the Leslie eLab, given I had been to a few other Leslie eLab events as well. I found them to be very insightful and engaging, so I decided to apply to the Bootcamp.

Institute:Describe the Startup Bootcamp to someone who doesn't know it. What is it actually like, from a participant perspective? What is the structure like? How does it feel to be a part of it/go through it?

KY:I would describe it as partly an entrepreneurship seminar that teaches you the essential strategic thinking processes in a lean startup context and partly a critical cross-examination of your potential business' value proposition. The Bootcamp made me feel much more clear and precise on who my early adopters and early enthusiasts are for my product; this was accomplished by forcing me to go out into the field and speak directly to potential target customers and ask them questions that reveal the values, wants, and needs that my product should be capturing for them. Thus, the structure was very engaging, given each team had to present their findings and be asked the critical questions every startup needs to answer before launching.

Institute:What were you most looking forward to in the Startup Bootcamp? What did you find most valuable about the experience, looking back on it once it was over?

KY:There is certainly a long list of successful NYU ventures, so I was mostly looking forward to meeting the other entrepreneurs on campus! Looking back, I think the most valuable partwas certainly whatI learned aboutmy potential venture and whoI met and got coaching from.

Institute:Prior to the Startup Bootcamp, had you interacted with the NYU Entrepreneurial Institute at all? Had you been to the Leslie eLab? Had you participated in any NYU entrepreneurship programs or events?

KY:Yes! I had an appointment with Danny Lafuente from the W.R. Berkley Innovation Labs about three weeks ago. I also came to the anniversary kick-off event at the Leslie eLab and attended theStartup School workshop held by Justin Silver from Aavrani.

Institute:What are your next steps now? What are you and your startup up to?

KY:Figuring out the logistics of shipping my products upon launching, trying to convince my lawyer to start invoicing me much later on, and preparing for the $300K Entrepreneurs Challenge pitch!

Institute:What would you like to say to others who are considering starting a startup or participating in the Startup Bootcamp with a startup they are already working on?

KY: Definitely apply! You will learn important things that every business needs to answer. At the end of the day, a business requires public validation and adoption to survive. This Bootcamp will be a good starting point for you to start figuring that process out.

If you have any other questions regarding theNYU Startup Bootcamp, reach out to us at entrepreneur@nyu.edu!

Crushing the NYU Startup Bootcamp: Q&A with Kyle Yang (Stern MBA '21) - NYU Entrepreneurship (2024)

FAQs

Is NYU good for entrepreneurship? ›

Entrepreneurship at NYU

NYU fosters a University-wide startup ecosystem that encourages multi-disciplinary collaboration, accelerates innovation, and cultivates the next generation of startup leaders.

Which entrepreneur had started his business out of a dorm in NYU? ›

In this episode of “Meet the Expert,” host Elliot Kallen sits down with Liz Elting, the visionary co-founder of TransPerfect. Liz shares her incredible journey from starting a business in an NYU dorm room to building the world's largest language solutions company.

Does NYU have an entrepreneurship program? ›

The NYU Entrepreneurial Institute drives startup success and tech commercialization for students, faculty, and researchers. We provide funding, training, and guidance to present and future NYU entrepreneurs.

Is NYU MBA prestigious? ›

Excerpt from BusinessBecause — "The NYU Stern School of Business is number 5 in the QS MBA's rankings of the best finance schools for 2023.

Is NYU an Ivy League? ›

In the 1950s, the Ivy League became an official athletic conference in the NCAA, with the eight schools of today's Ivy League making up its members: Harvard, Yale, Princeton, Columbia, Brown, Dartmouth, Cornell, and the University of Pennsylvania.

What college has the most entrepreneurs? ›

1 Stanford University. Stanford is one of the best universities for entrepreneurship in the United States.

How many entrepreneurs went to college? ›

Percentage wise just 44% of entrepreneurs have a college degree. While it can certainly be useful to have some higher education when starting up your company, it isn't something you need in order to be successful. Most people don't have that background at all.

Who is NYU Stern Business School named after? ›

Established as the School of Commerce, Accounts and Finance, the school changed its name in 1988 in honor of Leonard N. Stern, an alumnus and benefactor of the school. The school offers Bachelor of Science in Business at the undergraduate level and Master of Business Administration degrees at the postgraduate level.

Is NYU business hard to get into? ›

NYU Stern School Of Business's recent acceptance rate is 31%. The acceptance rate varies yearly, but it is usually around 20-30%. This shows that NYU Stern is somewhat competitive, and you'll need a strong MBA profile when applying.

Does entrepreneurship require MBA? ›

An MBA isn't required to be a successful entrepreneur, but it can be hugely beneficial. If you want to start a venture, consider the three scenarios above when deciding whether more business education will be helpful.

Which Ivy League is best for entrepreneurship? ›

Penn is the only Ivy League school that offers a business degree at the undergraduate level. The Bachelor of Science in Economics with a concentration in Entrepreneurship and Innovation at Wharton is a global leader in business education — and not just at the undergraduate level.

What is the best college major for entrepreneurship? ›

Top Degrees to Become an Entrepreneur
  • Business Administration. According to the National Center for Education Statistics, business was the most common bachelor's degree in 2019-20. ...
  • Finance. ...
  • Marketing. ...
  • Computer Science. ...
  • Communications. ...
  • Psychology. ...
  • Engineering.

What program is NYU most known for? ›

NYU is known for offering world-class programs in the sciences and engineering. Computer science is a top major at universities across the country. The engineering school at NYU offers students bountiful opportunities to shape today's world.

Does NYU have a good business program? ›

New York University (Stern) 2024 Rankings

7 (tie) out of 124 in Best Business Schools and No. 4 out of 269 in Part-time MBA.

Is New York a good place for entrepreneurs? ›

NYC is one of the most iconic and well-known locations in the world. And this is something that is considered a big deal. With a population of 8.4 million, NYC is definitely a good place to start both business and a new life.

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