steve potts scout boats net worth
-Steve Potts, president and CEO of Scout Boats Inc. "Scout Boats is a great example of South Carolina-grown entrepreneurship. Our bilges were polished. 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. We were able to do that on that boat because of it being 100 percent carbon and epoxy. So I made up my mind in the mid-80s to start working hard besides raising a family and coaching soccer and doing all the other things dads do to start working toward saving money and starting my own business. A: My feeling is, from around 2002 and 2003 and leading up to the recession, a lot of companies, a lot of brands were bought and sold, whether it was through a venture capital group or through merging and getting acquired from other companies. Scout's 420 LXF, in development for three years, will be introduced in February at the Miami boat show. One thing not to do is basically dont run a good horse to death and not maintain our quality. We developed lots of bigger models that were unique in styling and performance. The companys most recent expansion, a $13 million project, is for production of the 530 LXF flagship. When I graduated high school, I didnt go to college. I think thats what consumers want today. Our name stands for innovation, while our models contradict convention. Great place to learn and build your future like to come back and further my career if your willing to work to grow scout boats is the place for you and your parents Was this review helpful? I think another advantage is that because of the economies of scale we hand-build boats just like companies that are much, much bigger. Our goal is to provide you with an experience that delivers the information, resources and services that are helpful to you. Have you been able to keep up with demand and what kind of backlogs do you have? Share by Email, Copyright 2007 - 2022 Jetset Magazine 15220 North 75th Street Scottsdale, AZ 85260 (877) 538-5738, A few pics from last week's @doshombres x @popcorn, Presented in an assortment of styles, platforms, a, January 15, 2023, the annual @motorcarcavalcade we, Happy New Year to all! In 2021, the company began exploring beyond their typical range with the . Owner @ Scout Boats Inc. Standard features throughout include a full transom walk-thru platform (with optional dive ladder); a side boarding door; gas shock-assisted hatches; flush mount cleats and rod holders; port and starboard floor fish boxes with overboard diaphragm discharge; a patented powder coated hardtop with curved glass enclosure; under hardtop/under gunnel LED lighting; a three-person aft facing cockpit seat; two retractable fresh water hoses; a retractable raw water hose; and Eco-Teak swim platform, transom door, bow table and helm footrest, just to name a few. Ultimately, only you can decide whether or not Scout is the right brand for you but we hope that this overview has given you some food for thought! We have been on the front edge of that, and early on it was a bit difficult to get people to warm up to it. Length 7.50 m 10 Passengers. Scout is a debt-free company. It takes a lot of infrastructure for you to be a player in that style of boat. Yes No Report Share 5.0 Excelente Finisher (Former Employee) - Summerville, SC - July 19, 2021 The guy I was renting the brick barn from rebuilt and we moved back in February or March of 1990. Join Us At The Barrett-Jackson Scottsdale Auction Jan. 22-30! For more info contact Gary Hall at (716) 876-5944 Visit the Scout Boats Website Bathrooms & Showers Free Pump out Facility 35 Ton Travel Lift Winter Storage Shrink Wrapping Fiberglass Repair Canvas Repair Detailing Service Electronics Installation Whether youre looking for information on a specific model or just want to chat about boating in general, the team at Scout Boat customer service is always happy to help. Paul participated in the first season of Britain's Got Talent, & performed the. I think its because as boatbuilders we expect consumers to think like we think that this is whats always worked. We also had an idea to eliminate some of that aluminum structure in the back, and having a cleaner look that blends into the console and the deck. It was a brick building with a galvanized roof. Thats a very unique-looking boat. They offer an impressive lineup of vessels, from small fishing boats to large yachts, and their customer service is top-notch. In Plant A we build everything from 17 to 25 feet, and in Plant B we build everything from 27 up to 35. The cross between these two popular recreational marine mainstays allows one to enjoy amenities on this collection normally only found on much larger sportfishers. Theres one hydraulic spinner that makes it do four or five different things. We put the pieces back together. He withdrew from the project. In its nearly 30-year history, Scout has established its presence and continually gains market share each and every year at a significant rate against competitors that have been around for much longer. Finally, its worth considering your own personal preferences when deciding if Scout is the right brand for you. Youll find a two burner glass stove cooktop, microwave, flush mount 32 flat screen TV, DVD player, galley sink, drawer refrigerator, enclosed shower area with sump and an enclosed head area with a full size toilet and sink with hot and cold water. For the next six months, we were sort of back where we started. I think brands and companies have come and gone [due to] the lack of having a succession plan. He and his wife, Dianne, founded Scout in 1989, setting up shop in a small brick barn. Scout Boats builds luxury sportfishing centre console, dual console, crossover, and inshore/bay boat models ranging from 17-53ft. That mindset should be part of the culture in your dealership, too, especially post-pandemic. About Scout Boats: Scout builds sportfishing, fish 'n ski, walk around, flats and bay boat models ranging from 15' to 35'. Hurricane Hugo leveled the barn, and son Stevie, only 12 at the time, helped his parents salvage what they could. Bechtel Summitt/Boy Scouts of America. 0 for charter 3 for sale. Your engineering support and your quality control and quality assurance programs it isnt something you can take a simple-minded culture of building small center consoles and say, OK, were going to build these big boats. The systems and the features that you offer in them we know this because weve gone through this evolution its a complete commitment by a builder to get into that type of a build. Other details, such as "My type of design However, we can take a look at some of the key factors that might influence your decision.Firstly, Scout is known for its quality products. We discuss our information collection practices below. COLUMBIA, S.C. - Scout Boats Inc., a manufacturer of sport fishing boats, is expanding its Dorchester County facility in response to increased customer demand - both domestically and overseas. Some of its kind of reversed and gone the other way. Potts Sr.: The 330 stands on its own as far as the type of boat it is. I understand that. Do you think thats part of a larger trend? 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. 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. But for it to do all the things we wanted it to do, we couldnt have a conventional build. Scout Boats president and CEO Steve Potts launched the South Carolina company with $50,000 he managed to scrimp and save while working a night job repairing fiberglass bathtubs, and a day job as plant manager at American Sail. Scout Boats are known for their quality construction and innovative design, and they have won numerous awards over the years.The company offers a wide range of models to suit different budgets and needs, from small skiffs to large offshore fishing boats. And if we dont understand that as much as you can make a pickup truck look stylish and be comfortable to ride in and look nicer than just a utility vehicle, thats the same thing thats going to apply to what we do. Its Miami launch will be part of a. Steve Potts, Scout Boats, Inc. Tim Schiek, Sea Ray Group Doug Smoker, Smoker Craft, Inc. Mark Speaks, Yamaha Watercraft Group Paxson St. Clair, Cobalt Boats Jeff Stone, Skeeter Boats Inc. Rick Tinker, Skiers Choice Peter Truslow, Edgewater Power Boats Bill Yeargin, Correct Craft, Inc. I worked there after school and in the summer in my teen years. Wood-free construction, 100% hand laid fiberglass, finished lids and hatches, attention to every detail and process from the upholstery fabric to how the boot stripe is painted. In a lot of cases our industry goes back two and three decades in technology, even so much as analog wiring. 2023 NBAA Schedulers & Dispatchers Conference (SDC2023). The South Carolina native and father of three says he has always taken a conservative approach to business. It wasnt that long ago, I can remember Stevie wanted a hydraulic platform on the side of this center console and I said, That is ridiculous. He and his wife, Dianne, began building 14- and 15-foot boats out of a brick barn in 1989. LIKE FATHER, LIKE SON: Stevie Potts was Its a neater, cleaner operation. 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. Steve Potts, CEO and founder of Scout Boats, is a man with a vision. With a pair of Yamaha 350s, the 345XSF will do 55.5 knots (64mph), with a best cruise at 3500 rpm @25.1 knots (29mph) getting 89L/h, also for 3.5L/NM. He and his wife, Dianne, began building 14- and 15-foot boats out of a brick barn in 1989. As an example, we were the first company to do the T-tops way back in 2006 and 2007. Another facility is planned that, at roughly 22,000 square feet, would nearly double the companys research and development space. 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. A: Were right at 240 employees now, and my five-year plan going forward thats going to take us to 2019 is to be at 500 employees. Notable industry-first innovations over the years include: You cant talk about Scout without talking about its flagship model, the stunning 420 LXF. With the smaller boats, everythings very structured, and we do some customization mainly at the end of the line. Oceanside real estate just claimed new territory. Our upholstery wasnt rectangular or square cushions that were wrapped in a vinyl. Scouts built a reputation for being first-to-market with innovations throughout its history, and the 420 carries the company philosophy forward with perks like the optional hydraulic port side beach platform with stowable pocket ladder ideal for boarding/de-boarding safely away from the transom and engines and the optional three Garmin 17 or 19 touch screens at the helm. I worked in the rigging department for a few years, and then I worked in warranty. Salary: $1 million. The 330s got a really cool interior, along with the unique seating layout with the transom seat. 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. If you do not continue to use the EPG websites following a change to our Policy but take no other action with respect to your personal information, our use of that information will remain subject to our Policy as it was in effect prior to the change. Meet Ferrari & Ri, Say hello to the fastest electric jet ski ever mad, @dolcegabbana turns interior design into a way of, Skip the traffic with these private performance he, Swipe to see a private jet accessory that took 1,0, Electric vehicles are very popular by demand. 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 Stevie Potts is Vice President of Product Development & Engineering. Blue Compass Divers . Scout models arent just stunning to look attheyre also packed with many first-to-market innovations and features. Considering the new models we have coming out, our inventory levels and whats already presold coming down the pipeline, Lang says, were in a very optimistic situation.. I think the coastal fishing segment is the SUV and pickup trucks of the boating world. Everything we do has its signature appeal to it as far as being a departure from the norm. Steve Potts is the co-founder and CEO of Scout Boats, a South Carolina-based company that manufactures and sells fishing boats. This Policy will be referenced by all such mobile applications or mobile optimized websites. Those companies that do what they do consistently like we do, and a number of other companies that we compete with I think that investment part of making a decision is important. Fort Worth, TX. Today, were taking a look at where Scout boats are made. Scout added a $13 million expansion to their yard outside of Charleston to accommodate the popular new model's twin-stepped, carbon-epoxy hull design, with plans to build one 530 a month once production is in . It depends on what you are looking for in a brand and what your personal preferences are. When companies start calling boats units, I think they lose a little touch of what were all about. Boats are like everything else: you get what you pay for. Even though we add the plushness to them, you can still hose them out and not have to baby them. Shes got a doctorate degree in composites. From the very first 14-footer to the now expansive offering of more than 20 class-leading models ranging from 17- 42, one of the many consistent items that sets Scout apart from other manufacturers is product quality. Hall will oversee day-to-day operations for the Fort Lauderdale, Fla.-based repair and refit business. Weve built a team here that will continue to take us into the future, said Potts. I certainly wish a lot more consumers would pay attention to their investment and not just what the salesman says or the big and shiny boat you see at the boat show because it is a big investment. Q: And what about the shift into larger boats? The Volvo Penta parent posted FY22 sales of $45.2 billion, with the marine segment delivering 17,924 engine units. 97 views, 4 likes, 0 loves, 0 comments, 1 shares, Facebook Watch Videos from SkipperBud's: Why Scout Boats? Steve Potts Email Address . The 420 also provides customizable features for its owner, such as custom painted engines and a SureShade integrated retractable awning. Following the posting of such non-material changes, your continued use of any EPGs websites will constitute your acceptance of these changes and you will be bound by such changes. Scout Boats employs over 400 team members at the Summerville facility.The companys commitment to quality craftsmanship is evident in every aspect of the manufacturing process. Ever since Steve Potts founded Scout Boats with his wife Diane in 1989, he's been driven to build better boats. We basically as a family, brick by brick, unloaded what was underneath the building that was leveled and we salvaged what we could. The interior was something completely different from what we were used to doing. Potts Jr.: A lot of things we did on that boat came from listening to customers, and some of the things they like or dont like about their boats. 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. As an Amazon Associate, We may earn from qualifying purchases. I have done what they do, and I know what its like when they go home. If you do not agree to these terms, do not use the services. Without doing carbon or epoxy, that wouldnt have been possible. In 1989, Potts and his wife, Dianne, took a leap of faith and started Scout Boats with their $50,000 savings. The man behind the company is president and CEO Steve Potts. A: I think thats true. It was our goal to build the best outboard- powered center console that was available on the market. If you have difficulty accessing features or functions on this website, email us at info@scoutboats.com and we will work with you to provide the information you seek and/or call our customer service line at 843-821-0068. Potts Sr.: Thats Stevies baby. I think that was done by net technologies. Length 7.77 m. Scout 275. BoatingBuddy.com is a participant in the Amazon Associates Program. The SeaQuest, a 164-foot luxury yacht, registered under a . Share on Facebook Looking for Steve Potts online? Net Worth in 2022. What, Engineered to travel off the beaten track in total. On deck, the Scout 42 has wide side decks for easy movement around the boat. It had to be built lighter and stronger, and thats where we started using a hefty amount of carbon fiber and epoxy with the superstructure and the hull. The number of boats we produce will increase moderately, but not nearly as much as the revenue side because the bigger boats have so many more dollars in them. By all such mobile applications or mobile optimized websites of the line to ] the lack of a! Behind the company began exploring beyond their typical range with the unique seating layout steve potts scout boats net worth!, Fla.-based repair and refit business in Plant B we build everything from 27 up to 35 six! 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