Hold Club Organization Meeting
Organizational Club MeetingsThe initial meetings held will be organizational meetings. It is in these meetings where the roster of club members is established, club officers are elected and the club start-up activities are administered. Schedule these meetings every two weeks to keep the process moving. It should take no more than four organizational meetings to get the club up and running. Use our Investment Club Start-up Check List as a framework to help you move through the process in an organized and efficient manner.
You are welcome to invite a mentor to your meeting who can provide an overview of BetterInvesting, how we invest, and answer questions. Your mentor will help you after the meeting with any other help you need with getting started.
The First Organizational MeetingPrepare and send out invitations for the first organizational meeting. Here's a sample meeting invitation you can use.
The agenda for the first meeting should include a brief discussion of the following:
- The club’s investing philosophy
- The overall reasonable expectations of forming an investment club
- The planning process for forming an investment club
- Each prospective member desires to start a club that invests in good quality growth companies
- The investing style and/or strategy followed will be on the BetterInvesting stock selection principles and methodology
- The club will register with BetterInvesting and club members will enroll as BetterInvesting club members
Officers shall consist of a Presiding Partner, Assistant Presiding Partner, Recording Partner, Financial Partner and Assistant Financial Partner. Here is a descriptions of the duties of the officers. A simple majority vote by the club members is all you need to elect officers.
After the election of officers is complete, it’s time to prepare for the second organizational meeting as shown on the Investment Club Start-up Check List. Distribute the following documents to all club members and assign one person to take charge of each document. Have them review each and be ready to discuss and act upon them at the next meeting.