I use a glue called Bostik Contact Bond which I get from the supermarket. A 50ml tube does about 3 or 4 clubs.

Once I have the masking tape on the shaft for the correct size I use an old piece of shaft to coat the inside of the grip with the glue.

Then I coat the masking tape with glue, place the clubhead on the floor in the corner of the room and slide the grip on in one motion.

Always make sure the grip is on all the way and quickly align it properly before the glue sets hard.

Have newspaper on the floor to catch excess glue drops (always use plenty of glue) and have a rag to wipe the ends of the grip. Some excess glue will come out of the small hole in the grip cap.

Common faults with this method include:
1 - not using enough glue and getting the grip stuck halfway
2 - getting glue all over your good clothes
3 - failing to re-grip in a well ventilated area and passing out

Acetone will get the glue off the club/grip when it pisses all over the place.

Clubmaking is the sort of adventure your wife/girlfriend/mother will not understand.