That’s the first question that I’m asked by other business owners. As business owners, we’re curious about how other companies are doing in our town, especially those businesses that are in our own industry. We all want to stay on top of our A-game, and knowing what our competition is doing helps with motivation in building our own business.
But to wish failure upon another business? That’s just stupid.
I can see wishing failure upon a business that’s owned by someone who had an affair with your spouse. Or maybe who had once punched you in the face…
…but to want another business in your town to fail? That’s flat out wrong.
The more successful businesses we have, the more the town succeeds. Viable businesses that offer a great product or service are instrumental in keeping local dollars LOCAL. Successful businesses entice newcomers to visit more often, or to move to a community and start their own local business.
Let’s say that every plumber in Baker City was out of work. Eventually, all of the plumbers would have to move to an area that had more service calls. Our town would be without a plumber, and so we’d have to either pay top-dollar for a contractor to drive from an outlying area, or do shoddy work ourselves.
What if there were only three restaurants in town? If you liked to go out to eat, you’d have very few options and a long wait for a table. Eventually, you’d get bored and drive out of town more often for entertainment and good food.
Someone recently told me that an associate of theirs who owns a local business here in Baker mentioned that they hoped that one of their competitors would go out of business soon. It irked me to no end, and we talked about just what I’ve written here.
For example: The dollar that I spend at Davis Computers here in Baker City eventually finds its way back into my pocket when one of their employees buys lunch at our restaurant. The dollar that they spend at our restaurant eventually finds its way back into that same employee’s pocket when I need their services again. If Davis Computers were to fail, I’d end up spending that dollar in La Grande or Boise, where it would end up never seeing my till again.
Local, small businesses are the heart and soul of a small town. Locally-owned businesses are what drives the local economy.
If they fail, the town fails.