When you meet for the first time there are several things that you ll need to discuss. Make sure everyone has the opportunity to contribute to the meeting so that all opinions are taken into account. The following general principles should all be covered in the first meeting:

Discuss the exact details of how the club is going to be run. At this time you can talk about the goals of your club administration and how you plan to achieve this organization.

Make all members aware of the commitment level that is required to participate in an investing club. This will give anyone who has second thoughts a chance to decline being a member, and will reaffirm the commitment of other members.

An agreement should be reached about the investing style your club is going to focus on. Take a vote if the group is divided about any investing issues. Since this is the first meeting any member that is in serious disagreement about the decisions made can to decline being a member. Members should agree that this is long term commitment, not an opportunity to get rich in a year or two and then leave the club. Investment Club - Read More.