Business

Four Ways to Befriend Your Former Company When Starting a Business

Published

7 years ago

July 18, 2018

It is a huge challenge for an individual to quit his job and launch his own business. However, the task can get less burdensome if the individual decides to start their venture in an industry where they already have knowledge, connection and credibility.

In such a situation, your former company can either become your key asset in the new venture or a potential competitor in the industry.

For instance, Ian McAfee in 2009 left his mis-level executive job position from a reputed forex brokerage company to start his own venture in the same industry. Ian with his two business partners started Shift Forex in less than $15,000, a company that provides consultancy services to other forex companies. In the first year itself, Shift Forex earned total revenue of $200,000.

When Ian was asked about the success of his company, he said that he owes the first-year success of his company to his former company and by maintaining a strong relationship with it.

We believe he is not the only one.

You too can gain success in your venture and maintain a healthy relationship with your former company. We are here to help you achieve the same. Here’s how you can turn your former company into an asset that will help your new venture in its success.

1: Show Respect

While you are still working for a company, it is your sole responsibility and a personal choice that while you are working for them,

You do your best to serve your purpose in the business
Practically, not having any real conversation with your company’s clients, vendors/ suppliers and fellow employees (except for your co-founders) about starting your new venture.

To show respect towards the company you are working for, you have to remember the above two points until you have officially left the job. If the management gets to know about your new venture from the clients or other employees, there are high chances of ending your relationship with your former company on bad terms.

It is important that while you still work for them, you are limiting your activities to researching, strategising, planning and securing funds. Ultimately, it is your lookout on how you avoid the temptation of speaking about your new venture (our suggestion: self-control).

2: Share Your Plan When You Quit

When your company hears that you are quitting your job to start your own venture in the same industry, they might worry that you are planning to steal their customer base or provide some identical services at a better rate.

While few things may be similar, but your former company will definitely have a different value proposition or a target audience. So, when you explain your plan to your former company while quitting would make them feel less threatened by your venture.

Although they would see your company as a potential competitor in future, but your actions will demonstrate a high degree of integrity. On the other hand, if they have a strong obligation against your plan and believe that they have some legal authority to prevent your new venture, it will provide you a window of opportunity to work out a friendly compromise.

Most companies are supportive when their former employees are starting a new venture. If you are lucky enough, maybe your former company would be supportive towards you too.

3: Offer to Help With the Transition

The job position that you are currently working on may have major responsibilities and leaving the job position would mean that your department is left helpless until it finds your alternative. What you can do is, while leaving you can offer to complete certain targets or handle few responsibilities for limited period (of course, as a paid candidate).

Even if your former company does not choose to take your offer, it sends across a message that you really care about the company and what to continue having a good relationship in future.

In case of Ian McAfee, his former company and he had discussed about projects Ian was responsible for finance press. There were certain projects near completion and that would bring in huge profits from the company. So, Ian agreed to finish projects he was responsible for as a consultant.

4: Let Them Know How They Can Help

One of the major benefits of leaving a company on good terms is that you can always ask them to help you in your new venture. Your company would have a good position and establishment in the market and could provide your company with references or even refer you few clients.

Your former company can also help you during financial crisis by referring you few alternative finance sources. They may also provide you legal aid, marketing and sales advices and help you build your way towards success.

In Ian’s situation, his company was comfortable and trusted him with relationships because of the way he handled his department. This was despite the fact that he started a new venture in the same industry and could be a potential competitor later in future.

Business

Royal Tower Shipra Suncity Indirapuram, Ghaziabad, Uttar Pradesh: Opening time, Location and Accessibility

Published

2 days ago

November 11, 2025

Jack Sylvester

Shipra Royal Tower, situated in the sprawling Shipra Suncity located in Indirapuram, Ghaziabad, Uttar Pradesh is a renowned residential project developed through Shipra Group. Shipra Group. This project that is ready for occupancy is a perfect blend of modern amenities and a strategic place of residence, that caters to the demands of modern urban residents.

Project Overview

Shipra Royal Tower comprises a single tower that has 9 floors that house the residents in 168 units. The units are available in 3 and 2 BHK designs, with built-up areas of 780 square feet to 1630 sq ft. The construction was completed and available to be occupied in May 2008.

Facilities and Services

The complex has a wide range of amenities that are designed to improve the lives of the residents of the complex:

Power Backup ensures that all devices have uninterrupted power supply.
Security Services Security personnel on 24/7 and monitoring systems to ensure resident security.
recreation facilities: It includes a pool for swimming, gym and gardens that are landscaped to enjoy fitness and leisure.
Clubhouse An area specifically designed for gatherings, social gatherings and community events.
Sport Facilities Facilities for outdoor as well as indoor games that promote an active life style.

Project Details

Detail	Information
Location	Shipra Royal Tower, Shipra Suncity, Indirapuram, Ghaziabad, Uttar Pradesh 201014
Configuration	Two BHK as well as 3 BHK Apartments
Size Range	780 – 1,630 sq. ft.
Price Range	Rs54.60 Lakh – Rs1.14 Crore
Possession Date	Mai 2008 (Ready to move)
Developer	Shipra Group

Accessibility and Location

Shipra Royal Tower is strategically situated in Indirapuram It has great connectivity to the various regions of National Capital Region (NCR):

Metro Access It is the Noida Electronic City Metro Station is the closest station to metro that allows for easy commutes.
Road connectivity: The proximity to the major highways like Link Road Mohan Nagar Noida, Sucheta Kriplani Marg, and Hindon Cut Road enhances accessibility.
Education Institutions A number of prestigious colleges and universities are situated nearby that cater to the academic requirements of the residents.
Hospitals: The most renowned hospitals can be found located close by, offering rapid medical aid.
entertainment and shopping The region has a variety of dining establishments, shopping malls and entertainment venues with plenty of options for entertainment activities.

Advantages as well as Cons based on Resident feedback

The opinions of residents and online reviews focus on these aspects:

Pros:

Strategic Site: Residents appreciate the area of the project, as it provides an easy access to the essential services and major routes of transit.
Complete Amenities: The accessibility of many amenities in the complex improves the standard of living.
Community Living A presence in an outdoor clubhouse and facilities for recreation encourages a sense o of community for residents.

Cons:

Ageing infrastructure: The project’s completion was in 2008 some residents have complained about the necessity for maintenance and upgrades in particular areas.
Parking Constraints Parking space is limited and has been a problem to some people, in particular in peak times.
water supply issues Sometimes, interruptions in supplies of drinking water are observed and have forced the use of alternative sources in some instances.

In the end, Shipra Royal Tower offers an ideal blend of comfort as well as convenience and living in one of Ghaziabad’s most most sought-after areas. Although it offers many benefits however, addressing the issues will further enhance the resident living experience.

Business

Prestige Lexington Tower, Palya, Bengaluru: Operating Hours, Address and Contact Information

Published

4 days ago

November 9, 2025

Jack Sylvester

Prestige Lexington Towers is a well-known commercial office space that was developed in the name of Prestige Constructions, situated in the SG Palya locality of Bengaluru. The project is located close to Hosur Road, offering excellent connectivity to other parts of the city.

Project Overview

The structure is comprised of a constructed area of around 182,018 square foot, spread between two basements and a ground floor and eight floors up. Each floor is a vast space of approximately 23.51 square feet, which is ample space for a variety of commercial operations. The property has in-house parking which makes it convenient for guests and occupants.

Facilities and Services

Prestige Lexington Towers is equipped with a variety of modern facilities specifically designed to meet the requirements of modern businesses:

Security 24×7: Comprehensive security measures such as CCTV surveillance guarantee a secure working environment.
Power Backup Continuous power source to ensure business continuity.
Elevators Lifts with high-speed speeds facilitate efficient movement within buildings.
Park for Visitors: Parking spaces specifically reserved for clients and guests.
Emergency Firefighting Equipment Modern systems are in use to manage emergencies.
BMS: Building Management System (BMS): integrated systems to optimize construction operations.

These facilities are designed to create an environment that is safe and comfortable for companies operating in the tower.

Operating Hours

The typical working hours for companies within Prestige Lexington Towers are typically between 9:00 AM and 6:45 PM, Monday to Friday. However, the exact timings could differ based on the individual tenant’s operations and the policies of management.

address and contact information

Detail	Information
Address	No.66, Lexington Towers, Tavarekere Main Road, S.G. Palya, Koramangala, Bangalore, Karnataka 560029
Contact Number	+91 80 4411 0000
Website	N/A

Closeby Areas, Accessibility and Nearby Zones

Prestige Lexington Towers enjoys a great location and has excellent connectivity:

Higher Education institutions: Close proximity to famous institutions like Christ University and St. John’s Medical College.
Health Facilities Close by hospitals are St. John’s Hospital and Sagar Hospitals.
Shopping and dining: Close to shopping centers such as The Forum Mall and a range of cafes and restaurants in Koramangala.
Transport: It is well connected to main roads, such as Hosur Road and the Outer Ring Road as well as an easy access to public transport.

The ideal location makes sure that businesses are able to access important services and amenities which makes it easier for clients and employees alike.

Review: Pros and Cons as reported by Reviews

Feedback from visitors and occupants can provide valuable insight into the overall experience at Prestige Lexington Towers:

Pros:

Strategic location: The tower’s location is well-connected to major areas in Bengaluru which makes it ideal to conduct business from.
Modern amenities: The building is equipped with modern amenities which meet the requirements of modern companies.
Large Design Floor plates that are large allow for a variety of business configurations.

Cons:

Traffic Congestion At times of peak traffic nearby areas could encounter traffic congestion, affecting commute time.
Car Parking Restrictions: While in-house parking is available, parking spaces could be limited during busy times.

In short, Prestige Lexington Towers offers an ideal blend of strategic location with modern amenities and a spacious layout which makes it an attractive choice for businesses looking to lease offices in Bengaluru. The resolution of the issues mentioned will make the experience more enjoyable for the tenants.

Business

Mahindra Towers Chakan, Maharashtra: Operating Hour, Address and Contact Information

Published

6 days ago

November 7, 2025

Jack Sylvester

Mahindra Towers, located in Chakan, Maharashtra, serves as a major corporate headquarters within Mahindra & Mahindra’s vast operations. The facility is situated within Chakan, which is part of the Chakan Industrial Area the facility is a testament to Mahindra’s dedication to quality and innovation in the automobile industry.

Mahindra Towers Overview

Strategically situated strategically within strategically located within the Chakan Strategically located within the Chakan Industrial Area, Mahindra Towers is part of Mahindra’s extensive manufacturing hub. The facility is essential to the company’s manufacturing of automotive and corporate functions, which reflects Mahindra’s commitment towards environmentally sustainable manufacturing practices and environmentally friendly processes.

Facilities & Amenities

Mahindra Towers in Chakan is equipped with the latest technology to facilitate its operation:

Modern Manufacturing Units: The facility houses modern manufacturing units which make use of the latest technology in vehicle production.
Research and Development Centers: Dedicated spaces for the development and innovation of new automotive technologies.
Employee Benefits: Provisions such as cafeterias, areas for recreation and training facilities to create a comfortable work atmosphere.
Sustainability initiatives: The implementation of environmentally friendly practices, such as conservation of water and use of renewable energy in line with Mahindra’s sustainability commitment.

Operating Hours

The facility is open during business hours that are normal generally between 9:00 AM and 6:00 pm, Monday through Friday. However, some departments, such as those in manufacturing, can operate during shifts in order to keep the operation.

Email Address, Contact Details and more

Detail	Information
Address	Mahindra Towers, Plot No. A/1, Chakan Industrial Area, Phase IV, Post – Nighoje, Chakan, Tal Khed, Dist. – Pune, Maharashtra, 410501
Contact Number	+91 21 3561 7000
Website

Accessibility and Nearby Areas

Mahindra Towers is strategically located to capitalize on the industrial infrastructure of Chakan:

Industrial Connectivity The proximity to other important industrial companies in Chakan Industrial Area Chakan Industrial Area facilitates collaboration and efficiency of the supply chain.
Transportation Access Connected to the road network, allowing an easy route for logistics as well as commuters.
Urban Amenities Nearby urban areas offer housing options, health facilities as well as educational institutions, which contribute to the comfort of visitors and employees.

The pros and cons as reported by Reviews

Feedback from visitors and employees gives valuable insight into the environment of the facility:

Pros:

modern infrastructure: This facility has been highly praised for its modern layout and well-maintained facilities.
Employee-Friendly Facilities The availability of different facilities enhances the overall experience.
Sustainable Commitment: Initiatives towards eco-friendly operations are well-loved.

Cons:

Problems with Location: Because it is located in an industrial zone there are some who may feel it difficult to reach cities with major centers of activity.
Traffic Congestion At times of peak traffic nearby areas may encounter traffic congestion that can impact the commute time.

In short, Mahindra Towers in Chakan represents Mahindra & Mahindra’s commitment to building a modern, sustainable and accommodating workplace. Although it has many advantages however, taking care to address the most pressing issues can make the experience even better for the employees who live there.