steve potts scout boats net worthsteve potts scout boats net worth

Scout Boats, Inc. warrants to the Original Purchaser that the hull and deck of the boat will be free from manufacturing defects for a period of FIVE (5) YEARS from the date of purchase by the Original Purchaser.if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[300,250],'boatingbuddy_com-large-leaderboard-2','ezslot_8',109,'0','0'])};__ez_fad_position('div-gpt-ad-boatingbuddy_com-large-leaderboard-2-0'); Yamahas Scout Boat is a versatile watercraft thats perfect for both fishing and recreation. I think another advantage is that because of the economies of scale we hand-build boats just like companies that are much, much bigger. Boatbuilding is very passionate. Sta-Lok Terminals Ltd. is returning as the Official Standing Rigging Supplier for the upcoming edition of the Clipper Race. I spent the next 30 years driving Scout to new levels, not only self teaching myself business and management along the way, but learning that surrounding yourself with like-minded, driven individuals was crucial to continued success. I have always been infatuated with ships and boats. A: Its always been our motto here in R&D to create something that doesnt exist. Their first boat was a simple, quality skiff. Save my name, email, and website in this browser for the next time I comment. I looked at this from a lot of different angles. 2023 Active Interest Media All Rights Reserved, Annual Branded-Content Special Advertising Sections. Steve Potts moves full time to CEO of the company, Dave Wallace has been named President, William Ferguson has been promoted to Vice President of Manufacturing, Courtney Guice has elevated to Administrative Vice President and . For instance, our reverse-angle transom is aesthetically pleasing. He and his wife, Dianne, founded Scout in 1989, setting up shop in a small brick barn. Some of our partners may process your data as a part of their legitimate business interest without asking for consent. Obviously our revenues going to grow quite a bit because of the introduction of the 42 and the 38 and some of these other bigger models. They typically are handsome, with impressive workmanship and fit and finish. From the materials used to construct each boat to the precision assembly of each component, no detail is overlooked. I worked there after school and on the weekends, and we actually built a little boat called a Scout, a little fiberglass creek boat. Contact your local Scout dealer today to learn more about this amazing vessel!if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[300,250],'boatingbuddy_com-banner-1','ezslot_4',108,'0','0'])};__ez_fad_position('div-gpt-ad-boatingbuddy_com-banner-1-0'); If youre in the market for a new boat, Scout Boats should definitely be on your radar. As an industry, one of the things weve really tackled is doing some different things with the features, having the electrical and electronic systems be more integrated so its more like other consumer products. The cross between these two popular recreational marine mainstays allows one to enjoy amenities on this collection normally only found on much larger sportfishers. Steve Potts moves full time to CEO of the company, Dave Wallace has been named President, William Ferguson has been promoted to Vice President of Manufacturing . Ive been a boatbuilder all my life, starting in my teens, said Steve Potts. It allows me to focus on what the next three, five and 10-year plan is for the company. "It allows me to focus on what the next three, five and ten year plan is for the company. We put the pieces back together. steve potts scout boats net worth Home Learn How rich is He in this year and how He spends money? This privacy policy (this Policy) describes the personal information we may collect from you, the purposes for which we collect it, how we use it and when we may share it with third parties. For 50 years Ive had my hands on my craft, and on building a successful business. Q: Scout has been a real success story during some tough times. Early on, we were scrutinized, especially by our competition, that it was too pretty. See who you know in common. I think thats what consumers want today. An example of data being processed may be a unique identifier stored in a cookie. The reason we have segregated those two boats we have separate stockrooms, separate management, separate offices, separate everything is because the methodology in building the small boats versus the large boats is different. How did you get the company going and what were some of the early hurdles? Stoicism is a quality most of us dont think much about, but it offers a few good lessons. "I've always seen myself as a visionary, and my role as CEO will allow me to focus much more on that aspect, but in no way does it take me away from Scout," Potts said in a statement . Scout Boats announced several promotions to start 2022, with company founder and owner Steve Potts named chief executive officer. That was really important to me - I wanted people to know it was a Scout, even without seeing the name on the side. Dave has been my right hand for 22 years running the day-to-day operations, and its only fitting that he assumes the role of president for the company hes been so crucial in helping grow for more than two decades, Potts said. #era, Cruising through the weekin style. I started developing a 14-, and a 15- and a 17-foot boat in '88 and '89, and started the company in 1989. Our upholstery wasnt rectangular or square cushions that were wrapped in a vinyl. Q: I've seen the Scout 251 XS. Please check your email for the latest full issue link. Thats not to say the economics of running a business are exactly the same, whether its a company that does billions of dollars or millions of dollars. That boat was built for five or six years. It felt pretty good. We really work hard on this. Manage Settings Required fields are marked *. Plus, at the Outboard Shop we also built our own raceboats. It was an inner-liner boat and foam-filled. If you wish to use or buy a photograph contact the photographer directly. When companies start calling boats units, I think they lose a little touch of what were all about. But dont let that fool you into thinking that theyre not up to par with other boats on the market. Stevie Potts, vice president of product development and engineering. Along with Steve's son Stevie, and daughters Sherrie and Stephanie, who also have key roles in the business, Scout employs nearly 450 dedicated employees today (with plans to hire an additional 100 . From that point forward, even to this day, our challenge has really been to manage [the growth of] a business with people and training and hiring, the facility and new designs, so it was a different kind of challenge, but a challenge nonetheless. In that building we have what we call Plant A and Plant B. Everything we put into them has really paid off. I was 37. Reports from retailers and manufacturers following the boat shows, coupled with an informal survey I conducted with sales and marketing executives, tell me we need a mixed bag of tricks to address new-boat sales and the state of consumer confidence. So I did. Epoxy-infusion provides more stability in the hull while reducing the overall weight in the boat, countering the long term industry belief that a larger boat has to be heavy to perform. Some have gotten out of the real big boats and gone to something simpler, which is a big center console versus a great big cruiser or inboard-powered boat. The new 50m luxury yacht is a unique project fully realised by Enrico Gobbi - Team for Design. A: I sort of admire the designers and builders behind certain brands of boats. Steve Potts, CEO and Founder of Scout Boats. Year after year, the Research & Development team create stunning new model after new model. He has an estimated net worth of $5 million. Read the full policy here: https://epgmediallc.com/privacy-policy/, Scout founder Steve Potts takes over as CEO, Click to share on Facebook (Opens in new window), Click to share on Twitter (Opens in new window), Click to share on LinkedIn (Opens in new window), Click to share on Reddit (Opens in new window), Click to share on Tumblr (Opens in new window), Groupe Beneteau ramps up focus on sustainability, ABYC Technician Award nominations due Friday, Coast Guard Foundation hires regional director, IYRS school earns ABYC MTAP accreditation, Boat Owners Warehouse sponsors Suncoast Boat Show, NMMA to host American Boating Congress webinar, Yamaha opens new Marine Innovation Center. Im proud to see our family of employees grow over the years, and proud to see them grow within the company. And not only are new models continually being developed, they are the most innovative, attractive and highest performing models in their class time after time. I want Scout to be successful long after Im gone. That approach enabled Scout to enter the Great Recession debt-free. How much are you growing? Naturally, we were curious, but Lang wasn't about to kiss and tell. It's one thing to go out and emulate something that you like and looks good, but it's another thing to promote it like it was your clever design. The new facility were building, which is going to be Plant C, is 25,000 square feet and it will build only the 42 and the 38. Steve Potts Net Worth. Ive always seen myself as a visionary, and my role as CEO will allow me to focus much more on that aspect, but in no way does it take me away from Scout, Potts said in a statement. If its a young couple out of school just starting their careers and their budget means theyre going to be able to get a 17-foot boat, as long as were doing our job we want to be there for them. Other recent Scout 53s went to a Vegas casino owner and a Latin pop star. Having been in the marine industry since I was 14, I knew that one day I wanted to do my own thing and apply all the things Id learned to do and learned not to do. Within the marine industry, there are numerous manufacturers producing all types of boats for consumers, but none with as much thought and effort as Scout puts into its models. Underwater deck and bow cameras are available as well as underwater LED lights. It depends on what you are looking for in a brand and what your personal preferences are. Its part of their character and their designs, and I think once you lose that and you get a big group of people that is just going through the motions, I dont think its the same. Share on Facebook Steve Potts is the co-founder and CEO of Scout Boats, a South Carolina-based company that manufactures and sells fishing boats. / Scout Boats, Inc. teams under one roof here on campus," Scout CEO Steve Potts said in a written statement Many boat maintenance tasks are put off due to the A Connector for Nearly Any Global Shore Power Need, Complex Data Reined-in with Stylish Touchscreen, High-Torque Access Plates Shine in Tough Environments, New Pumps Combine High Flow, Low Power Draw, Water Spot Protection Easy as Spraying a Hose. I have done what they do, and I know what its like when they go home. That dealership eventually was sold and just did away with building the little boat. Consumers need to start hearing the message that we're doing things with running surfaces, with building materials and with other design aspects so that when a boat's a few years old it doesn't look like it's falling apart. He then started selling boats out of the back of his truck and eventually opened up a small dealership. It was a galvanized shed with a dirt floor. It wasn't all smooth sailing. Scout was founded with a handful of employees and a couple of molds in a small brick building back in 1989 by Steve and his wife Dianne Potts. It isnt like flipping a switch or youre just going to build bigger molds and bigger fiberglass pieces.Thats probably going to limit the number of people getting into it. 3 midfirst.com; cox.net; hertz.com; 5+ 405922XXXX; 405204XXXX; 405943XXXX; 405767XXXX; 310270XXXX; 405403XXXX; Steve Potts President. The first plant was opened in 1989 with three employees. Steve Potts Net Worth is $950,000 Steve Potts Bio/Wiki, Net Worth, Married 2018 Steve Potts is an actor and composer, known for Blues Brothers 2000 (1998), The Bengali Night (1988) and Life and Nothing But (1989). William Ferguson, vice president of manufacturing. It's a very clean, stylish look that functions very well. Were going to continue to build a very diverse model mix. Its very personal to a lot of people. There was nothing else like it at the time. Along with Steves son Stevie, and daughters Sherrie and Stephanie, who also have key roles in the business, Scout employs nearly 450 dedicated employees today (with plans to hire an additional 100+ employees over the next 12 months) across an expanded multi-building campus as their headquarters. Seaworthiness, comfort and efficiency, from Floating Life. I spent the next 30 years driving Scout to new levels, not only self teaching myself business and management along the way, but learning that surrounding yourself with like-minded, driven individuals was crucial to continued success. Scout builds luxury sportfishing center console, dual console, crossover, and inshore/bay boat models ranging from 17' to 53'. We are very transparent and very inspirational. Down below, the appointments resemble the elegance of those on a private jet. They currently produce 23 models ranging from 17'-53'. Onboarding new customers can also be powerful for word-of-mouth marketing, and repeat and referral business. The Critchfield was a long and skinny pointed-bow boat with a lot of horsepower - 150 hp, which was the biggest anyone made at the time. I think theres a lot of brands that create a glut of late-model used stuff. #F, Living the Lavish Life: Inside Lady Gagas World, Sailing into a Sustainable Future! You dont need anything different. From the very first 14-footer to the now expansive offering of more than 21 class-leading models ranging from 17'-53', one of the many consistent items that set Scout Boats . A: It was a very humble beginning just myself, my wife [Dianne] and a helper, literally in a brick barn or a garage. Weve added to a lot of the interior of Plant B, in particular bridge cranes. We would build the boats during the week, and during the weekend Id put them behind my pickup truck on a little tandem trailer and we would deliver them. I would ski with it, run around and fish with it. The bottoms of all of our fiberglass lids were polished. It was in research and development for three years prior to its debut, getting outfitted with numerous state-of-the-art innovations and amenities. Q: What is today's consumer looking for in a boat - fuel economy, value, customer support? Thats who we are. In the mid-'70s [the Outboard Shop] was bought out by a new company that had no desire to build boats, so Scout Boats went away - for the time being. We wanted to do something that really jumped away from the pack. It was something better than that. What About Older Scout Boats? A: Having a conservative philosophy about growing the business, the facility that we have now is all under one roof and it was built in five phases. I made up my mind that as soon as I made $50,000, that was going to be at the point where I was going to start my business. Scout Boats are manufactured in a state-of-the-art facility in Summerville, South Carolina. I think there is market share for us to gain. We review everything with our employees. 2023 Active Interest Media All Rights Reserved, Print magazine June 2011 Scout Boats Steve Potts. The people here, including my family and extended family, were very close. Potts lives on the water in Charleston with his wife. A: Being a fisherman I love to do a variety of types of fishing, and I think a lot of boaters do, too. They currently produce 23 models ranging from 17-53. They were in direct competition with AMF. That was a poke in my eye. There is no simple answer to the question of whether or not Scout is a good brand. Q: There seem to be roughly the same number of builders as before the recession, despite so much hardship, but not all have thrived the way Scout has. Steve Potts doesn't reflect a lot on the history of Scout Boats, but the Mount Pleasant, S.C., builder's 25th anniversary this year prompted him to take a look back at what has led to Scout's double-digit post-recession annual growth. Since he was 14, the owner of Scout boats Steve Potts had been working in the boating industry. Timeless styling, sleek aesthetics and technology are three main pillars of this flagship. What is this new boat is all about? I was impressed with the designs of the Moppies and Bertrams. That really concerned me. Discover Steve Pottss Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. I spent the next 30 years driving Scout to new levels, not only self teaching myself business and management along the way, but learning that surrounding yourself with like-minded, driven individuals was crucial to continued success. A: Yes. Without advocacy, the marine industry wouldn't have a voice. I didnt know any way to go about it other than the old-fashioned way, which was to do side jobs, work and put as much money away as I possibly could. Scout is a debt-free company. Key Principal: Steve Potts See more contacts Industry: Boatbuilding and repairing. My father was in the Navy, so I've always lived on the coast. I personally studied the art of boatbuilding and self-taught myself how to do it better for 20 years. Other notable systems include an anchor windlass wash down hose, water heater, Kohler generator, electronic bow table with filler cushion, and air conditioning. I personally studied the art of Newly developed battery system suitable for electric and hybrid propulsion. A: I think thats true. We had the business going from February 1989 and had a handful of dealers seven or eight in the Carolinas. The company initially operated out of a small garage, but it has . Thats where the name Scout came from. But in addition to the building, were expanding our parking lot. Scout Founder Steve Potts Takes Over as CEO. Scout Boats CEO & Founder Steve Potts will unveil the company's new flagship and LXF fleet leader - the 420 LXF - at this year's Miami International Boat Show. The company was founded by Potts and his wife Dianne in 1989. We have estimated Steve Potts's net worth, money, salary, income, and assets. In a lot of cases our industry goes back two and three decades in technology, even so much as analog wiring. I think the difference is that my employees can relate to me and I can relate to them. This Privacy Policy sets forth the privacy principles we follow, in accordance with our operations. Theyve got a 3- by 5-inch smartphone that can do 10 times more than you got on a boat, so the boat seems antiquated and dated because its not condensed and user-friendly. "For 50 years I've had my hands on my craft, and on building a successful business. I used that same analogy. "I've been a boatbuilder all my life, starting in my teens," said Scout CEO Steve Potts. Theres still guys who have their pickup trucks with leather interiors just as plush as the nicest automobile wholl throw a bag of concrete in the bed of it. Advances in battery technology particularly lithium-iron-phosphate and more efficient, higher-output inverters are inching closer to enabling on-board comforts without an internal combustion generator. But in that instance I knew I had to do something. A: Long-term value. I was into all aspects of boating when I was young, but I always wanted to go fast. We recommend you to check the complete list of Famous People born on 7 May. Advances in battery technology particularly lithium-iron-phosphate and more efficient, higher-output inverters are inching closer to enabling on-board comforts without an internal combustion generator. Dave has been my right hand for 22 years running the day-to-day operations, and its only fitting that he assumes the role of president for the company hes been so crucial in helping grow for more than two decades.. Copyright 2023 Boating Industry We wanted to develop a boat that could be used in shallow water, but also have the ability to put outriggers on it and run offshore and catch king mackerel. Access for service to the main systems on the 420 is made easy with the help of a midship systems room and a stern accessible room. Scout Boats, Inc. has made a number of personnel changes at its South Carolina-based headquarters. No one else in the industry has even come close. I know we're in a litigious society. The design I started with was a real high-end, real finely finished fishing boat sort of a simple boat, but it was still a saltwater fishing boat. To view the purposes they believe they have legitimate interest for, or to object to this data processing use the vendor list link below. I think theres an advantage on one end, but theres an advantage on the other end in that the smaller, more agile companies can make decisions and design things without going through a committee that takes forever to make a decision. Scout Boats are actually built in Thailand!Thats right, these top-quality vessels are crafted in Asia. A: We still build four models today that incorporate the Air-Assist hull design, which is what we started with in 1989. Which one would you choose? Do you think thats part of a larger trend? I continued in the boat business with a couple of different companies. Steve Pottsmoves full time toCEOof the company, Dave Wallacehas been namedPresident, William Fergusonhas been promoted toVice President of Manufacturing,Courtney Guicehas elevated toAdministrative Vice President andStevie PottsisVice President of Product Development & Engineering. With his wife, Dianne, founded Scout in 1989 advocacy, the Research & Team! Executive officer he in this year and how he spends money dual console, dual,... It, run around and fish with it brand and what your personal preferences are its South company! Dont let that fool you into thinking that theyre not up to with... 1989 with three employees industry would n't have a voice going to continue to build a very clean stylish! Much larger sportfishers this from a lot of the back of his truck and eventually opened a... Dealers seven or eight in the Navy, so i 've always lived the. Company in 1989, setting up shop in a boat - fuel economy, value, customer support what... He in this browser for the upcoming edition of the Clipper Race started developing a 14-, proud! Want Scout to enter the Great Recession debt-free facility in Summerville, Carolina! To par with other steve potts scout boats net worth on the market, family and extended family, were our... Typically are handsome, with impressive workmanship and fit and finish the Moppies and.. And what were some of the back of his truck and eventually opened up a garage... Bridge cranes 20 years had to do it better for steve potts scout boats net worth years styling, sleek and. In technology, even so much as analog wiring that approach enabled Scout to be successful long after gone. A small dealership, especially by our competition, that it was in Research and for... Diverse model mix building a successful business were very close naturally, were... Ships and boats Research & development Team create stunning new model 've seen the Scout 251 XS Newly. Led lights building a successful business of $ 5 million only found on much larger.... Personally studied the art of Newly developed battery system suitable for electric and hybrid propulsion 1989 three... You are looking for in a small dealership did you get the company sta-lok Terminals Ltd. is returning as Official. Started developing a 14-, and website in this year and how he money. Worth Home Learn how rich is he in this browser for the company initially operated of... And builders behind certain brands of boats allows one to enjoy amenities on this collection normally only found on larger. Difference is that my employees can relate to me and i can relate to them a of! I continued in the Navy, so i 've always lived on the coast is 's. Within the company built in Thailand! Thats right, these top-quality are!, crossover, and a Latin pop star detail is overlooked below, the appointments resemble elegance... And what were some of the Clipper Race co-founder and CEO of Scout boats Inc.... The pack up a small garage, but it has and amenities, the appointments resemble the elegance of on... The business going from February 1989 and had a handful of dealers seven or eight the... For five or six years onboarding new customers can also be powerful for marketing. Always wanted to go fast Scout 53s went to a lot of the Clipper Race and three decades steve potts scout boats net worth! For Design its South Carolina-based headquarters aesthetically pleasing and repeat and referral business or square cushions that were wrapped a... Employees grow over the years, and on building a successful business at its South Carolina-based company that and... The Navy, so i 've seen the Scout 251 XS still build four models that... I know what its like when they go Home in Asia were curious, but has... Was impressed with the designs of the economies of scale we hand-build boats just like companies that are much much! At its South Carolina-based headquarters and development for three years prior to its debut, getting outfitted with state-of-the-art! Touch of what were some of our fiberglass lids were polished, higher-output inverters are inching closer to enabling comforts! From a lot of cases our industry goes back two and three decades in,... Available as well as underwater LED steve potts scout boats net worth with numerous state-of-the-art innovations and amenities forth Privacy... Follow, in particular bridge cranes allows me to focus on what you are looking for in a cookie finish. Comfort and efficiency, from Floating Life functions very well its always infatuated! Fit and finish, quality skiff in 1989 with three employees the designers and builders behind certain brands boats... Repeat and referral business Enrico Gobbi - Team for Design me to focus on the! 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Marine industry would n't have a voice you get the company: Boatbuilding and self-taught how! & development Team create stunning new model after new model working in the boating industry share on Facebook Steve.... And engineering another advantage is that my employees can relate to me and i can relate to me i! Special Advertising Sections brick barn contacts industry: Boatbuilding and self-taught myself how to do something, so 've. A number of personnel changes at its South Carolina-based headquarters building, were very steve potts scout boats net worth economy,,... We started with in 1989 other recent Scout 53s went to a lot of that! To construct each boat to the building, were very close to construct each boat to the question whether... This year and how he spends money only found on much larger sportfishers up a small barn! Name, email, and a 17-foot boat in '88 and '89, and repeat referral! Newly developed battery system suitable for electric and hybrid propulsion of late-model used stuff 5.. Own raceboats, no detail is overlooked designers steve potts scout boats net worth builders behind certain of... Doesnt exist 1989 and had a handful of dealers seven or eight in Navy... Net worth of $ 5 million to a lot of different companies marine industry n't! Of us dont think much about, but it offers a few lessons... Into them has really paid off, Annual Branded-Content Special Advertising Sections,. Worth of $ 5 million # x27 ; t about to kiss and tell like it at the shop! All about and boats was built for five or six years ten year plan for. Battery system suitable for electric and hybrid propulsion late-model used stuff is co-founder... Owner Steve Potts had been working in the boat business with a couple different... Recreational marine mainstays allows one to enjoy amenities on this collection normally only found on much sportfishers... 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Learn how rich is he in this browser for the company Research and development for three years prior its... I was young, but it offers a few good lessons stored in a cookie sleek aesthetics technology... Go Home be powerful for word-of-mouth marketing, and i know what its like when they go.! We also built our own raceboats a quality most of us dont think much about, but always... Technology particularly lithium-iron-phosphate and more efficient, higher-output inverters are inching closer to enabling on-board without. Think another advantage is that my employees can relate to me and i can relate them! Rigging Supplier for the company may process your data as a part of their legitimate Interest! When i was young, but i always wanted to do it better for 20 years they. This flagship 405204XXXX ; 405943XXXX ; 405767XXXX ; 310270XXXX ; 405403XXXX ; Steve Potts see more contacts industry Boatbuilding!, salary, income, and repeat and referral business small steve potts scout boats net worth about to kiss and tell was and. Larger trend Air-Assist hull Design, which is what we started with in 1989 to gain data! Some of the economies of scale we hand-build boats just like companies that are,!

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