The future artist was born into an Armenian family in Tbilisi. His father Bogdan Galustovich Yakulyan was a lawyer but died quite young, and Georgy’s mother with all her children moved to Moscow in 1893.  Georgy Yakulov entered the Lazarev Institute of Eastern Languages. In 1901 he resolved to be an artist and attended Konstantin Yuon’s studio for two months. Soon he entered the Moscow School of Painting, Sculpture and Architecture. However, Georgy was expelled in 1903 for missing some of the exams and was soon drafted to the army. He served in the Caucasus and then participated in the Russian-Japanese war. The artist was wounded in a fight near Harbin and soon returned to Moscow.
In 1905 Georgy Yakulov undertook independent art creativity. He presented lots of his works at Moscow exhibitions of The Russian Artists Union and the World of Art association. In March, 1913 he was invited by the Kunstverein group (Dresden) to an exhibition of aquarellists and participated in it together with Dmitry Mitrokhin. The Blue Rose circle promoted the young artist.
Georgy Yakulov in his creative quest resorted to avant-gardism and his forms and colors acquired more and more dynamics.