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Politics : Idea Of The Day
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To: MulhollandDrive who wrote (7778)8/23/1997 2:27:00 PM
From: Joe S Pack   of 50167
 
Bart,
I followed the link you mentioned. There is saying that
"Imitations cannot shine forever only true Gold will".

Yes I agree with your suggestion, which also crossed my mind after
my previous post, that we need to separate the two (or three) issues.
1) Incorporating the Club/Inc.
2) Committee members
3) Investment club members (shareholders).

This separation is needed from practical point of view.
Not everybody has time and patients to contribute in everything.
Now that we have gone through our conceptualization (Ideas) phase
let us start making practical steps.

So our immediate milestones, not necessarily in same order,
are:
1) Finalize the committee and come up with a name.
(I suggest the name
IDIOTS Committee -IDeas Investment Organization TaskS Committee).
2) Finalize roles of the committee memebers.
3) Incorporation of Ideas Inc.
4) Finalize the size of the club. I know that it should be open.
But from practical and other - yet to know legal - point of views
we need to scope it now. Once we are through the first
round there will always be next rounds. Based on my limited understanding it is a new idea and we don't want to see hundreds
of people jumped in without proper organization, experience
and track record. See we are talking about others money and
there is always a certain degree of cuation needed.
5) Wep page for our club/Inc.
a) Goals
b) 1st set of features to be incorporated
c) Actual set up
d) Regular maintenance
6) Goals of the club/Inc. Some I could think of now are:
a) Make money.
b) Educate others to make money.
c) Be a resource for global outlook.
d) Be a catalyst for "charity to other needy people".
7)Fix a time frame for different milestones.
I would suggest we do the investment part of activity after our Sep.
get together. Meanwhile we need to do 1, 2, 4, 5, 6 and 7 now.

Let me know if i missed something.

-Karun
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