How many of us know someone who has tried to start a business and failed? Unfortunately, this is much more common now that we have to compete with the Walmarts of the world. Yes, Walmart creates jobs, but they aren’t the type of jobs to build an economy around. America was built on entrepreneurs, not low-wage, unskilled workers.
By shopping at Walmart, you may realize a short-term savings, but you may also be undercutting your entrepreneurial dreams. The more commerce consolidates, the less room for entrepreneurs.
For the past 10 years, I have watched the same storefront house dozens of stores that all went out of business shortly after opening. In each instance it seemed as if the nearby Walmart conveniently began offering the same products or services of these stores soon after the stores opened.
Walmart has its place, but if we make it the only place we shop, eventually it will become the only place to shop. Will we have left behind entrepreneurs and innovation along the way?