Essentially, what you would want to do is first [follow these steps here](https://www.facebook.com/business/help/170456843145568?id=2469097953376494) to import your list. I also found [this article](https://adespresso.com/blog/facebook-ads-custom-audiences-guide/#customerlistCA) that had a few more visuals.
Then, once you have a _custom audience setup_, you can then follow [this second set of steps](https://www.facebook.com/business/help/465262276878947?id=401668390442328) to create a lookalike audience from the custom audience you made.
This way it targets people similar to them! I hope that helps clear things up a bit.
To watch a video with a more comprehensive guide, have a look at [this YouTube clip](https://www.youtube.com/watch?v=bT83Ulktkd4) which looks like it has a fun host that walks you through all the ins and outs :)
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