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.

Back to Takes

Facebook/Meta advertising is the only customer acquisition channel that matters for most small businesses

Spiciness
marketing prediction

The Reasoning

Short-form video content combined with local targeting provides unmatched ROI for service businesses with $500+ ticket sizes

What Needs to Be True

  • Facebook maintains current ad targeting capabilities
  • Video content continues to have algorithmic preference
  • Small businesses maintain Facebook ad spend efficiency
  • Alternative platforms don't develop better local targeting

Counterargument

Over-reliance on single platform creates vulnerability to policy changes and increasing competition drives up costs

What Would Change This View

Significant Facebook policy changes that hurt small business targeting or major new platform with better local advertising tools

Implications for Builders

Design businesses with Facebook advertising as primary acquisition channel

Create viral-first content strategies

Budget significant portion of revenue for Meta ads

Build audience and creative testing into operations

Example Application

Service business budgets 15-20% of revenue for Facebook ads, creates daily content specifically for ad campaigns, tests 5-10 creative variations weekly