You are an NRI or NRM? You always think about your home town, your home country. You are home sick. You are sick of your host country, where you have migrated? You think you will be better off, if you go back to Trichy(your home town or your home country). and do your own business.
If you are an NRI/NRM and wants to go back to Trichy, here is the plan I would suggest:
1) Have an AIM/GOAL written down in a single page. Let it be very short and sweet. Discuss your aim and/or goal with your spouse and children(if more than 10 years old).
2) Have a written personal and business plan, specifying your short-term, medium-term and long-term aims and plans on executing them.
3) Have a risk management plan. that is plan-B. What if, it did not work. Have Plan-C. What if, your plan-a and plan-b did not work!?
4) Build immovable assets, before you return back. For example, buy land or house in Trichy.
5) Have money generating assets in Trichy. For example, you should not be doing much work, but you should be getting some money for running the family. Say - a rent from a house you have rented to somebody else. Say - a rent from a commercial complex in Trichy.
6) Have a huge emergency fund. Deposit it somewhere, so that you either get a monthly income out of it and make sure it is liquid OR it can be a long-term growth deposit.
7) Have a retirement plan and fund it periodically. Have an insurance plan. If anything happens to you, what happens to your family. Be prepared for htat.
8) Have good amount of initial investment money for your business you are starting.
9) Be sure you are hardworking, consistent with your goals. Update your goals and plans as you proceed.
10) Be passionate with what you are doing and what you have planned to do. If you are passionate and if you love what you do, no one can stop you from your SUCCESS.
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