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
stainless-steel housing at the front of the pool, around
the swimmer, and loops back to the front through stainless-steel "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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