You said waited 10 minutes. Did you just let the bike sit there idling for 10 minutes? If yes, this is wrong. Ride the bike for 10 minutes, then set the idle.
You don't have to do this every time you ride. Once it is set (with choke knob DOWN, i.e. off) it should stay at 1100 RPM. Your starting procedure may change slightly for you now, depending on how off it was:
* Start the bike with the choke knob all the way UP. Sometimes, depending on the temperature you may have to give it a slight touch of throttle like 1/8 or so.
* Hold the revs steady at about 2000RPM or so for a few seconds.
* Push the choke knob slightly DOWN until you feel the "detent".
* If the bike starts to stall out, give it a bit more throttle for a few more seconds until the idle stabilizes.
* Go for a ride, slowly start pushing the choke knob DOWN as time goes on. You will know how long it takes for your bike to warm up depending on the route you take and the idle speed. If I leave my choke up too long on that first detent the idle does start to go up. When the bike is warmed up and the choke is DOWN/off then it stays at that nice 1100 RPM idle. When it's not warmed up enough, say choke lever is mid way and you try to turn it off the bike may hesitate a bit or the idle may get too low and possibly stall out. You'll get a feel for it.
Once you have the idle set this way, leave it alone. Shouldn't have to readjust it again except when doing a vacuum sync, new air filter, or having to change out the air/pilot screws due to o-ring's causing an air leak. Sometimes, if the valve clearances have drifted an awful lot or even your points timing or points spacing it may change your idle as well.