Knowledge Marketplace
My First Million

My First Million

The best business ideas come from noticing what's working and doing it better, faster, or for a different audience.

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Facebook Groups

Create niche-specific private groups with valuable free content to build trust before monetizing

Why It Works

Facebook groups create intimacy and trust, higher engagement than pages, built-in recommendation engine through member sharing

Prerequisites

Clear niche definitionConsistent content creation abilityCommunity moderation skills

How to Execute

1

Start with 50 initial members from personal network

2

Post daily valuable content/questions

3

Establish clear community rules

4

Gradually introduce monetization after trust is built

When It Fails

When content becomes too promotional too quickly, when community lacks clear value proposition, or when moderation is inconsistent

Real Example

Better Than Google mom group starts with 50 moms sharing product recommendations, grows to 17,000 members, introduces premium features after establishing trust