CNNMoney.com: Vail Horton, the co-founder and CEO of Keen Mobility, likes to glide along the hallway of his headquarters in Portland, Ore., on his wooden skateboard, checking in with employees who might need an extra jolt of encouragement or a laugh with their morning coffee. Wearing Dragon sunglasses and a dazzling smile, the man who runs this medical-device manufacturer might seem like any other brash, 30-year-old entrepreneur – with one striking difference: Horton leaves his legs behind in his office, propped up against his giant desk.
Horton was born without legs or a fully developed right hand, and doctors told his parents he would never be able to walk. But after consultations with rehabilitation experts and months of intense physical therapy at home, Horton took his first steps at age 4 with the aid of crutches and prostheses. He has been exceeding expectations ever since.
While still an undergraduate business major at the University of Portland, he developed chronic pain in his shoulders from the prolonged wear and tear of walking on crutches. Instead of resorting to a wheelchair, he came up with a new kind of crutch, using shock absorbers at the base to lessen the impact. Realizing that he had coincidentally discovered a promising market, Horton and his roommate, Jerry Carleton (now vice president of business development), decided to start a company that could help others overcome disabilities. The two launched Keen Mobility in 2002, naming their startup for the grandfather who encourage Horton at every turn, and giving it a lofty goal: to better the lives of customers who are elderly or disabled.
A disabled CEO’s $2 million innovation empire [CNNMoney.com]
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Inspired Business Growth: Do you own a business that depends on local customers? Most brick-and-mortar businesses do very little online advertising or promotion, thinking that investing in internet marketing would be a waste of time for such a small geographic area.
Entrepreneur: If you burn out in a new business venture, it’s the result of intense and arguably greater pressure built up over a shorter interval, and it’s infinitely harder to walk away. It means abandoning your dream, leaving your employees jobless, and facing sometimes dire financial and psychological consequences. I personally know of one suicide and one near-suicide caused by the startup stress trap.