Fastlane® in US Business Review – Going Mainstream
by Kirsten Srinivasan
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The wide, smooth current created by Endless Pools allows pool water to flow from the front of the pool, around the swimmer and then back to the front. |
Endless Pools – a hit among competitive swimmers and health-conscious consumers – has also surfaced at aquariums and zoos. Backyard pools might be next.
JAMES MURDOCK FOUNDED ENDLESS POOLS, Inc. in 1988, but he doesn't take all the credit for
a machine that allows people to swim in place. "Swimming
machines are really an old idea, a turn-of-the-last century invention," he notes.
James's father, John Murdock, used to talk about the concept, recalling his own childhood
in Arizona swimming in irrigation channels.
Trained as a physicist, John Murdock went on to develop the
perlite industry, and at 86 years old, is now working on offshore,
submerged nuclear power plants. As James Murdock finished
his MBA in marketing at Columbia University, he decided to
follow in his father's entrepreneurial footsteps.
In 1988, with his savings and a grant from Columbia, James
built his first swimming machine for the swim team on the
university's pool deck. He worked with men's swim coach Jim
Bolster "to build a machine with a great current where
the coach could work directly with the swimmer," he says.
Unlike jetted spas, the current in an 8-by-15-foot Endless
Pool is generated by a 16-inch propeller powered by a hydraulic
motor. The wide, smooth current of water flows from this housing at the front of the pool, around
the swimmer, and loops back to the front through "water
return channels" that also serve as benches, he explains.
Initially, Murdock thought the market for the product would
only be swimmers, but he soon realized its potential as a
therapy pool thanks to his first customer, Bob Goldberger,
provost of Columbia, who was also battling multiple sclerosis. "He
called me into his office and said, 'I need one of these in my basement,'" Murdock
states. "The only problem was he hadn't been in his basement
in five years. He had no way to get downstairs, so he challenged me: 'If you
build me an elevator, I'll buy one of your pools.' And we did, using a
chain hoist and a steel frame I built.
"He was really quite an inspirational guy," Murdock recounts. "He was the one who really
explained to me that a small pool would be wonderful for people
needing therapy. He became an investor in the company and
pointed the way toward making a therapy product, which in a
sense is what an Endless Pool is. Most of our customers are
buying the pool for some health reason. For many people, it's the
desire for a quality swim. Others want warm water 24/7 in the
comfort and privacy of home."
Endless Pools Inc. is also exploring other uses for its
product. The Field Center in New Jersey is testing a small
swimming machine as a possible treatment for infants with
cerebral palsy. Its effectiveness is not yet proven, Murdock
emphasizes, but he is hopeful about its potential. "The concept there is
if you can promote movement using a weight-free environment, in water
that's warm and comfortable, and conveniently located in the
home where the therapist can be a parent, the children will
benefit further than if they had traditional therapy only once or
twice a week,” he says.
With sales across the country and around the world, the
company is now setting its sights on the greater residential
pool market. "We've
averaged 23 percent annual growth in the last 10 years, but
Endless Pools still only represent about 1 percent of all
pools," Murdock states. "The big development now
is to take our technology and put it into the backyard pool.
There are millions and millions of backyard pools and all
of them are too short to swim in. With our new Fastlane,
you can get an amazing, high quality swim in any existing
or new backyard pool."
The company introduced the Fastlane in summer 2005. The
hydraulically powered machine bolts to the pool deck with
stainless-steel rails that look like a pool ladder and carry
hydraulic lines back to a 5-horsepower power unit. "The idea is
to create a current without using a jet," he says. "It feels
like swimming in open water and you never once need to turn."
Endless Pools has also added a Fastlane mirror that rests
on the pool floor, allowing swimmers to watch and improve
their stroke.
"The
Fastlane is a huge opportunity," Murdock explains. "We
want to partner with thousands of pool builders out there
to offer homeowners a real and exciting way to swim at home.”
In
contrast to the standard pool-dealer model, the company has
only sold the Endless Pools direct with DVDs, press materials
and an “extremely knowledgeable direct-sales staff.” Serious
customers can test an Endless Pool in more than 600 locations
nationwide, at the homes of Endless Pool customers.
It's a model that hinges on satisfied customers, Murdock
notes. He's proud of the company's customer service, which
is "best
shown in the number of customers who volunteer to open their
home to strangers."
The company has approximately 9,000 customers and is growing
steadily. Murdock hopes to expand internationally and opened
a UK office last year. With all this growth, he readily admits
that management structures and professional development remain
his biggest challenges, and he has established a formal in-house
training program to develop employees in a more consistent
and comprehensive way.
Although challenging at first, the long-term payoff of such
employee education is immense, he states.
*Pricing as of March 2006
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