Monetisation

Plans to monetise the blog gathered momentum this morning as the subject was thrown open to discussion among the members present. The following note, proposed by Srichand Arora (right), says it all:
"Dear Friends,
As suggested by Mr Pradeep Gupta, a retired SBI executive and as discussed in the Garden with almost all our present members, it is proposed that we go ahead with the idea of monetizing our blog, BIG LAAF. We may now ask Mr Gupta to explain in detail his plans so that it can be finalized. Of course, the finalization will be done, once 80% of our members are ready for it. And if not, we just forget the matter.
At the outset, let us clarify that the blog, BIG LAAF is the sole property of the members of Lokhandwala Laughing Club (Garden No 4), Mumbai and it has nothing to do with any other group at all. The current list of members has already been distributed. In case it is not with you, please ask for it.
Once we agree to the monetization, the membership list will be freezed. No member from the list will be deleted hereafter and if a new member is to be admitted, it has to be approved by 80% of the present members. The incoming member must be regular to our laughter sessions for at least three to six months.
Again, we hereby clarify that only the blog master has the right to update the blog and it will be the property of the Laughing Club members only. We do not know if we are going to get any business on our site, but if anyone brings any advertisement, he/she will be entitled to his/her commission only and will not draw any other benefit.
Please do not think that this is a job of a day, a week or a month. No one knows how long it will take to get an ad for our blog. If and when we get business, it will be entirely the property of our members. This is also to suggest that the following five members will look after the monetization jointly:
* Mrs Monthy B Serrao
* Mrs Razia Khan
* Mr Hari Singh Shekhawat
* Mr Yusuf E Rassiwala
* Mr S. V. Arora
I might add that it is not known if the flow of money will be zero, or in hundreds, or thousands, or lakhs. That can be seen later, once we approve this move in principle. So please think over it very seriously and do not hesitate to put in your suggestions."
While everybody deliberated animatedly on the issue, Kishor Babani provided some comic relief on the sidelines by clicking pictures (above) of members with his tablet!
Harish Wadhwa(below):
I am in agreement with Arora-ji and suggest that we should go ahead. We can even draft a charter by formalising how members are to be admitted or dropped, which type of ads can be put up, terms of holding office, etc. Let us go ahead and give this a try. I propose a working committee of the five people suggested and allot them roles as well:
1. President
2. Vice President
3. Treasurer
4. Secretary
5. Events Chairman
Formalising will help to open a Bank Account in SBI itself. Maybe Gupta-ji can help here too. Signatories can be all the five members, with a minimum of three required for signing cheques (2 men+1 woman). We have a good blog and we should go ahead.