Considering the possibility of setting up an investment club can take quite some time if you have thought it out properly. It may be that there are no investment clubs in your area or at the very least none that appeal to you for whatever reason. This is not uncommon because the way some clubs are run may put you off. If this is the case then you have a major business opportunity to set up your own club that can help to fulfil the wants and needs of other likeminded investments. However, you will need investment club marketing ideas to get the word out and attract members for it to work!
There are plenty of investment club marketing ideas that can help you to attract members out there but the first one you need to consider starts a little closer to home. Many people will say that you should not mix family and friends with finance but investment clubs are the exception to the rule. If you have family and friends that have already stated their interest in investing and they have the same goals and mindset that you do then there is no reason why you cannot invest together. However, if you believe that it will cause conflict then you may want to discuss this with the before committing to anything.
If you feel that you need to recruit people that have the same mindset as you from outside of your social circle then there are plenty of investment club marketing ideas you can tap into to attract investors. For example, you can put the word out via social networking sites, community forums or even the local newspaper. All three will spread the word and hopefully generate leads. Word of mouth is a powerful thing so all of the above can get your investment club onto the grapevine pretty quickly!
One thing you should bear in mind when enacting investment club marketing ideas is that you should not accept members that have aims and goals that are very different to yours. This is because there will be too much friction for the club to work. Similarly, if you want a mixture of investment experience levels then you should make the more experienced members aware that there are amateurs involved. No prior knowledge of this can also cause friction at a later date.
Be creative with your investment club marketing ideas. They should be completely transparent and let potential members know exactly what they would be involved in. After all, you only want those that are serious about the venture in your investment club.