NYP Solve: Introduction Session
On 9th September 2024, we launched NYP Solve, a 6-week incubator program designed to help NYP students turn their ideas into start-ups.
Our student founders were treated to insightful sharing and flash-mentoring from our distinguished guests:
- Sun Yuanxin (Founder, StoryChopsticks)
- Benson Ong (Senior Lecturer, School of Business Management)
- Patrik Johansson (NYP Centre for Industry & Lifelong Learning)
- Dale Mcallister (Director IT, Connexi)
Fireside Session with Dale Mcallister
Highlights
- Explored “boring businesses,” like food services, where growth is limited by rising costs.
- Highlighted that impactful student business ideas should address real industry pain points due to their limited experience.
- Emphasized crafting precise problem statements to target specific audiences rather than generalizing.
- Discussed the importance of external motivation, industry partnerships, and mentorship for entrepreneurial success.
Key Takeaways
- Focus on scalable business models.
- Tailor problem statements to meet the needs of specific audiences.
- Forge industry connections to boost product success.
What’s next?
Join us for our next session!
The Essentials
Guest Speaker - Siew Wei Heng, Founder of Procolink
- 13 September, Friday 1-3pm
- FYP Room