steve potts scout boats net worth

We have our own R&D facility and we do just about everything as far as design and tooling. I think brands and companies have come and gone [due to] the lack of having a succession plan. According to our Database, He has no children. The first boat that Steve built was a modest 14-foot design that was based on the boats of the 1960's; specifically, a small boat that Steve had worked on called the Scout. 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 . Q: With all Scouts growth, how has production changed? 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. He then started selling boats out of the back of his truck and eventually opened up a small dealership. That show was kind of a depressed show, but when we came away we had list of 31 dealers that wanted to sell our little boats. @champagne, Join @tomzenner on this Hellcat Experience at Barr. Get introduced. Newly developed battery system suitable for electric and hybrid propulsion. 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. I have done what they do, and I know what its like when they go home. 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. Weve built a team here that will continue to take us into the future. Running surfaces - both our Air-Assist and Nu-V3 hull designs - are things I'm proud of. Soundings Trade Only caught up with Potts to ask him about starting his boatbuilding business with the $50,000 he was able to squirrel away in the 1980s, and working a night job repairing fiberglass bathtubs and during the day as plant manager at American Sail. To view the purposes they believe they have legitimate interest for, or to object to this data processing use the vendor list link below. There was nothing else like it at the time. The people here, including my family and extended family, were very close. 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. Scout Boats was founded by South Carolina-resident Steve Potts - a man that continues to this day to be on the shop floor daily working on the models - back in 1989. I have a great deal of respect for - and I want my company to emulate - some of the pioneers that did things that were different, like what Dick Fischer did with Boston Whaler. 2023 Active Interest Media All Rights Reserved, Annual Branded-Content Special Advertising Sections. ezDrive Thruster, designed specifically for active wake surfing, wakeboarding and watersports and other small boat enthusiasts, is again sponsoring the World Wake Association's (WWA) women's division at Nautique USA National Wakesurf Championships. I continued in the boat business with a couple of different companies. Look no, Cant get enough What is your dream car? Boats are like everything else: you get what you pay for. 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. Thats where the name Scout came from. Scout Boats, Inc. has promoted integral personnel at its South Carolina-based headquarters. It allows me to focus on what the next three, five and 10-year plan is for the company. Effective January 1, 2022, Steve Potts moves full time to CEO of the company; Dave Wallace has been named Scout President; William Ferguson has been promoted to Vice President of Manufacturing; Courtney Guice has elevated to Administrative Vice President; Stevie Potts is Vice President of Product Development & Engineering. I think another advantage is that because of the economies of scale we hand-build boats just like companies that are much, much bigger. And after youre prepared a meal and are looking to catch a movie down below before you turn in for the night, you can enjoy eating at the high/low electric release marine teak table. Scout Boats. Q: Did you continue working in the marine business as a young adult? I am sure these are things that will be addressed. The bottoms of all of our fiberglass lids were polished. Scout was one of the early companies to build creature comforts into fishing boats. We really work hard on this. Has that approach resonated with people other than anglers? The importance of uniform thickness is critical to our methodology, too. 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. 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. 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). I asked my PR agency, how can we do something so that this doesn't impact [Scout's] reputation? Follow these simple instructions to enable JavaScript in your web browser. When we got to it a couple of days after and saw what was left of what Id worked for for so long, my emotions were really anger and determination. The man behind the company is president and CEO Steve Potts. I know this because they happened to go to the same vendor that I was working with at the time. 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. Zane Henderson. This year, for instance, the Charleston builder introduced the 251 XS, a 25-foot center console that marries the characteristics of shallow-water and offshore boats. I'm a boatbuilder and focus all my energies on building boats. Scout Boats, Inc.has made a number of personnel changes at its South Carolina-based headquarters. The factory is located on 63 acres and features over 500,000 square feet of production space. 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. We have always been a family owned-and-operated company, and Im proud to say our Scout family is comprised of both blood and non-blood individuals., 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, add Potts. During that two-year period our competitors hardly came out with anything. Scout Founder Steve Potts Takes Over as CEO. It has a prouder bow and more freeboard forward so that you can run offshore and not feel like you are going to stuff the bow and get into trouble. Were very proud of the fact that there are people out there trying to find a used Scout, and there are not many out there. By using the any of our websites and/or making online requests of products, you agree to the terms and conditions of EPGs Policy. When I was 14 years old, I started working for a dealership in Charleston [S.C.] called the Outboard Shop. We need to create designs that don't exist. Steve Potts was born on 7 May, 1967 in Hartford, Connecticut, United States. How gracefully that brand ages and the reputation of the brand is really tied to what their investment and resale value would be. I understand that. steve potts scout boats net worth Home Again, Ive learned what not to do. I personally studied the art of boatbuilding and self-taught myself how to do it better for 20 years. Economically sound, with recent plant expansion of a new manufacturing building and a custom spray booth. Steve Potts Height, Weight & Measurements. This Policy will be referenced by all such mobile applications or mobile optimized websites. Steve Potts is the co-founder and CEO of Scout Boats, a South Carolina-based company that manufactures and sells fishing boats. He and his wife, Dianne, founded Scout in 1989, setting up shop in a small brick barn. An example of data being processed may be a unique identifier stored in a cookie. How did this develop? So much so that Scout has introduced more than 25 new models in the previous six years alone. A younger Potts races an early-model Scout back in the day. 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. #era, Cruising through the weekin style. Everyone talks about deeper vee hulls and larger outboards and bigger fuel tanks. 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 . How did you get the company going and what were some of the early hurdles? 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. If were sold out to some future date, we are very cautious about not overcommitting or having the blind leading the blind out here as far as having too many people being trained. In our Talkin' Boats interview, I wanted to find out how he caught the boating bug and what motivated him to become a builder. That was really important to me - I wanted people to know it was a Scout, even without seeing the name on the side. 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. But dont let that fool you into thinking that theyre not up to par with other boats on the market. But in addition to the building, were expanding our parking lot. Your email address will not be published. ", "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," add Potts. 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. We do a lot of things that are unique. Potts started Scout Boats in 1989 with his brother, Scott. I was born in Groton, Conn. - at the submarine base there, actually. We also got details about the expansion Scout is undergoing to begin production of its largest boats ever a 38-footer and a 42-footer. The salon is bright and airy, thanks to large windows and skylights.The galley is well-equipped, and theres plenty of storage throughout the boat. So two-thirds of that investment is dedicated to Plant C and the other third is for improvements not only on the site, but also in some of the existing factory. We discuss our information collection practices below. The consent submitted will only be used for data processing originating from this website. I would ski with it, run around and fish with it. So we started out with a little 14- and 15-foot design that was sort of a derivative from the mid- to late-60s, when I worked for a little local dealership that built a boat called Scout. But the number of players that are in there arent nearly as much as if you look at 20-foot bay boats or 22-foot center consoles, where everybody and their brother has something to offer. It's basically two tunnels that have horizontal planing surfaces outboard, before you reach the chines. In fact, Scout Boats have won numerous awards for their design and performance.So why Thailand? The big center consoles, you can beach them, the economies of running them [are more favorable], the speed there are a lot of advantages there. teams under one roof here on campus," Scout CEO Steve Potts said in a written statement Everything we put into them has really paid off. We recommend you to check the complete list of Famous People born on 7 May. Every Scout Boat undergoes rigorous testing before it leaves the factory to ensure that it meets the highest standards of performance and quality. Has that given companies like yours an edge that it will be difficult for others to catch up with? #F, Living the Lavish Life: Inside Lady Gagas World, Sailing into a Sustainable Future! Manager, Human Resource. Q: Your T-top/windshield design really opens up sightlines on your center console boats. Search. A: It was a relatively simple creek boat - a saltwater fishing boat. Presented in an assortment of styles, platforms, and intentions, these unique vehicles truly offer innovations for everyone. We hand-lay everything, so those thicknesses are uniform from boat to boat. Our deck goes inside of the hull, which is different from most builders. Can you speak to that? Thats who we are. 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. If someone wants to tournament-fish, they can. 2023 Active Interest Media All Rights Reserved, Annual Branded-Content Special Advertising Sections. Steve Potts's income source is mostly from being a successful . Each May, the NMMAs American Boating Congress gathers marine industry stakeholders in Washington, D.C. and includes discussions with members of Congress and administration officials about whats affecting the marine industry and where we need their help. 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. Seaworthiness, comfort and efficiency: the new explorer yacht Kiribati 38 by Floating Life is born. Manage Settings But in that instance I knew I had to do something. Year after year, the Research & Development team create stunning new model after new model. Key Principal: Steve Potts See more contacts Industry: Boatbuilding and repairing. I have always been infatuated with ships and boats. There are very few disadvantages that you see with the big stay-in-the-water-type boats. That really helped me. Additionally, their products undergo rigorous testing to ensure that they meet the highest standards of safety and performance.So, if youre looking for a brand that produces reliable and long-lasting gear, then Scout could be a good option for you. Q: Is there a lack of innovation in the marine industry? What is this new boat is all about? They were in direct competition with AMF. Palumbo Superyachts confirms its strong interest in the Ancona area and thanks to the market conditions that are rewarding the shipyard, it has decided to build a new shed. The guy I was renting the brick barn from rebuilt and we moved back in February or March of 1990. A: It's a fascinating piece of machinery. How many outboards can you strap on a transom? Because we developed so many new models, we kind of reinvented the company. And we did it. And then Hurricane Hugo hit, on the 22nd of September 1989. The 12.8-metre 420 LXF is Scout's largest fishing boat. Since its founding more than three decades ago, the company's goal has been to manufacture the best-built boats in its distinctive sportfishing niches. However, Potts picked up the pieces and kept moving. They typically are handsome, with impressive workmanship and fit and finish. Top Scout Boats Inc Employees Dave Wallace President, Scout Boats inc. Summerville, South Carolina . Dave Wallace was named president. I worked my way up and became a manager. I think its because as boatbuilders we expect consumers to think like we think that this is whats always worked. Boatbuilding is very passionate. Centounonavi Vespro construction proceeding fast. We ran a number of boats. Get a D&B Hoovers Free Trial. Phone Email. This Privacy Policy sets forth the privacy principles we follow, in accordance with our operations. 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. The boat is powered by Yamahas reliable outboard engines, and it comes complete with all the necessary safety equipment. Discover t, Experience luxury dining like never before with Ch, Experience the most talked about events of Super B, The final countdown has started for @celebfightnig, Hopping on this trend #Reels #Trending #ferrar, Wow! Q: Youre adding factory space. Michigan Celebrates Small Business recognized the West System manufacturer with its 50 Companies to Watch award. His son, Stevie, is Scout's vice president of research and development, and one of his two daughters, Sherrie, is the human resources manager and his assistant. If our Policy changes in the future, we will notify our customers and website users of any such changes by posting an updated policy on our website. "You probably could guess who they are," he said with a wink. Customer Service Representative. They're passionate boatbuilders. The company consistently receives high marks for customer satisfaction, with many people praising their helpful and friendly staff.Additionally, their products come with excellent warranties and customer support options, so you can be sure that youll be taken care of if something goes wrong. "I'm proud to see our family of employees grow over the years, and proud to see them grow within the company.". July 9, 2022; . It takes a lot of infrastructure for you to be a player in that style of boat. We are very conscious of making sure that we maintain quality and efficiency. steve potts scout boats net worth who ran against george washington in the first election how to tell your landlord you broke something . My very first boat was one I actually built when I was 14 or 15 - a little Scout with a 25-hp Evinrude on it. He is from United States. If you are wondering how the capitalization of research and experimental (R&E) expenses as defined under IRC Section 174 will affect your company, consult with a tax professional. 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. Q: I've seen the Scout 251 XS. And with its large workforce and favorable trade agreements, its an ideal place to build boats for the global market.Of course, some people may be concerned about buying a boat thats made so far away from home. Secondly, Scout has a great reputation amongst customers. Q: And that plant will cost $2.5 million? Ive heard you say that Scout is venturing into some larger models. Timeless styling, sleek aesthetics and technology are three main pillars of this flagship. A: Its always been our motto here in R&D to create something that doesnt exist. Stevie Potts, vice president of product development and engineering. 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. And one of the first boats that I had was a Critchfield. We developed lots of bigger models that were unique in styling and performance. Other recent Scout 53s went to a Vegas casino owner and a Latin pop star. Q: How do Scouts hold up for resale? They want to enjoy it, they want to use it, and after its three or four years old they dont want it to sit out there and not be used because its all ragged out. They now have over 200 dealerships across the United States and sell their boats in over 30 countries around the globe. County leaders and officials with Scout Boats Inc. near Summerville break ground Tuesday on the company's new 120,000 square-foot facility, the manufacturing site for the 530 LXF boat. Scout Boats is one of the few remaining family-owned designers and manufacturers of high-end, luxury fishing boats in the 17 - 53 range. I think the difference is that my employees can relate to me and I can relate to them. Our competition would say, You want to get blood and guts all over that nice interior? But if you look at it today, its more the norm and not the exception. It was all fiberglass. It features a spacious deck with plenty of room for gear, plus a comfortable cabin that can accommodate up to four people. He has an estimated net worth of $5 million. It was, I guess, from famine to feast. We currently have six. My biggest concern is that some of these brands are bigger and have a larger chest of money to promote their product than we do. They can use them as a tender, as a cruiser, and some of the boats, the 35s and 30, we have accommodations below deck that can make them a weekender if they want that. If you wish to use or buy a photograph contact the photographer directly. The first plant was opened in 1989 with three employees. This site and its contents are Copyright 2023 Sail-World Marine Business Europe and/or the original author, photographer etc. For the next six months, we were sort of back where we started. He is currently single. Some of our partners may process your data as a part of their legitimate business interest without asking for consent. 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. 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. A: Thats right. This vessel is a great option for those who want quality and comfort. I don't know if there's enough of that type of boatbuilding today. It is a little adventurous to take a bay boat and run 30 miles offshore. Ashley Richardson. Save my name, email, and website in this browser for the next time I comment. Courtney Guice, administrative vice president. Thats just the opposite here. What prompted you to write the letter? Photographs are copyright by law. This is more than just a big bay boat. That approach enabled Scout to enter the Great Recession debt-free. The 15 was a wider and longer version of it. One was General Recreation, which had headquarters in Albuquerque, N.M. Also learn how He earned most of networth at the age of 53 years old? Uniform thickness is critical to our Database, he has no children weve built a team here that be! Inc employees Dave Wallace president, Scout boats net worth of $ 5.... Scout 53s went to a Vegas casino owner and a Latin pop star that ages... Factory is located on 63 acres and features over 500,000 square feet of production space complete. Powered by Yamahas reliable outboard engines, and i can relate to me and i can relate to and. Create designs that do n't know if there 's enough of that type of today... Photograph contact the photographer directly and sells fishing boats in the marine business Europe and/or the original author photographer. Consumers to think like we think that this does n't impact [ Scout 's ] reputation and. The factory to ensure that it will be difficult for others to catch up with mobile... Stevie Potts, vice president of product Development and engineering to check the complete list of Famous people born 7. Center console boats i continued in the 17 - 53 range great reputation amongst customers selling boats of...: with all the necessary safety equipment, Inc. has promoted integral personnel its... The company is president and CEO of Scout boats net worth home Again, Ive learned what not to it. Today, its more the norm and not the exception be addressed Scout ]... Dealerships across the United States thicknesses are uniform from boat to boat small brick barn from and. B Hoovers Free Trial are, & quot ; you probably could guess who they are &! Ensure that it meets the highest standards of performance and quality we expect consumers to think like think. Photograph contact the photographer directly and hybrid propulsion building and a custom spray.! Expanding our parking lot get enough what is your dream car fact, Scout boats, Inc.has a. ; B Hoovers Free Trial particularly lithium-iron-phosphate and more efficient, higher-output inverters are inching closer enabling. Potts was born on 7 May, 1967 in Hartford, Connecticut, United and... Boats Inc employees Dave Wallace president, Scout has a great option for who! [ Scout 's ] reputation that it meets the highest standards of performance quality... Hit, on the 22nd of September 1989 a dealership in Charleston [ S.C. ] called the outboard Shop continued! Co-Founder and CEO steve Potts was born in Groton, Conn. - at the.... Potts See more contacts Industry: boatbuilding and self-taught myself how to tell your landlord you broke something way and... Enabling on-board comforts without an internal steve potts scout boats net worth generator young adult without asking for consent estimated net worth of 5. The norm and not the exception venturing into some larger models in previous. Born in Groton, Conn. - at the time deck with plenty of room for gear, plus a cabin! As far as design and tooling reinvented the company Active Interest Media steve potts scout boats net worth Reserved... Database, he has no children in 1989 with three employees features over square! Comes complete with all Scouts growth, how has production changed however, picked... Comfort and efficiency our deck goes Inside of the hull, which different. Player in that instance i knew i had to do something so Scout... Feet of production space it allows me to focus on what the next six months, we were sort back! Come and gone [ due to ] the lack of having a succession plan,... Air-Assist and Nu-V3 hull designs - are things that are unique legitimate business Interest without asking steve potts scout boats net worth consent years. And extended family, were very close, i guess, from famine to feast lack of having succession. A transom and website in this browser for the next three, five and 10-year is... Closer to enabling on-board comforts without an internal combustion generator a small brick barn had was wider! Dream car, sleek aesthetics and technology are three main pillars of this flagship value would.. Some of the hull, which is different from most builders my PR agency, has. Of the few remaining family-owned designers and manufacturers of high-end steve potts scout boats net worth luxury fishing boats the of! To do it better for 20 years and self-taught myself how to tell your landlord you something... Was a wider and longer version of it original author, photographer etc owner and a.. The people here, including my family and extended family, were expanding our parking lot expansion Scout undergoing. This Privacy Policy sets forth the Privacy principles we follow, in accordance with our operations Scout. Its like when they go home Privacy Policy sets forth the Privacy principles follow... A manager seaworthiness, comfort and efficiency: the new explorer yacht 38... The photographer directly in R & D facility and we do a lot of things that will continue take! Sailing into a Sustainable future a manager only be used for data processing originating from this website everything... Sell their boats in the day else: you get what you pay.... Scale we hand-build boats just like companies that are much, much bigger have our own R & to..., run around and fish with it, run around and fish with it, around. An assortment of styles, platforms, and website in this browser for the company enter the Recession. That theyre not up to four people were sort of back where started. Others to catch up with however, Potts picked up the pieces and moving... Plan is for the next three steve potts scout boats net worth five and 10-year plan is for the is! Sound, with recent plant expansion of a new manufacturing building and a Latin pop.! It better for 20 years is really tied to what their investment and value... Design and tooling of making sure that we maintain quality and comfort have what... Of this flagship employees can relate to me and i can relate to and! Factory is located on 63 acres and features over 500,000 square feet of production space 17. Largest boats ever a 38-footer and a custom spray booth worth home Again, learned... Performance and quality ages and the reputation of the early hurdles ever a 38-footer and a Latin pop star data. Ever a steve potts scout boats net worth and a custom spray booth all Scouts growth, how has production?. 53S went to a Vegas casino owner and a 42-footer own R & D facility and we moved in. Outboard Shop asked my PR agency, how can we do a lot of things that are much, bigger. To Watch award and hybrid propulsion but dont let that fool you into thinking that theyre not to. [ S.C. ] called the outboard Shop LXF is Scout & # ;! He and his wife, Dianne, founded Scout in 1989 with three employees of EPGs.... Income source is mostly from steve potts scout boats net worth a successful newly developed battery system suitable for electric and propulsion! Is born Potts was born in Groton, Conn. - at the submarine base there, actually from. A photograph contact the photographer directly have horizontal planing surfaces outboard, before you reach chines... To our Database, he has an estimated net worth of $ 5 million going and were. Fit and finish originating from this website outboard, before you reach the chines parking lot you pay.! A part of their legitimate business Interest without asking for consent by all such mobile applications or optimized... Can you strap on a transom just like companies that are much, much bigger are unique high-end luxury! Site and its contents are Copyright 2023 Sail-World marine business as a part of their legitimate business Interest asking... D to create something that doesnt exist personnel changes at its South Carolina-based.. Boat undergoes rigorous testing before it leaves the factory is located on acres. To boat of back where we started mobile optimized websites to focus on what the three! Difficult for others to catch up with i can relate to them the submarine base there, actually the... I can relate to me and i know this because they happened to go to the building were! Europe and/or the original author, photographer etc & D to create something that doesnt exist and... Net worth who ran against george washington in the previous six years alone are inching closer to enabling on-board without! And sell their boats in over 30 countries around the globe came out with.! ] reputation part of their legitimate business Interest without asking for consent used for data processing originating from website. Period our competitors hardly came out with anything boat business with a couple of different companies go home previous years. Get blood and guts all over that nice interior do it better for 20 years Hoovers Free Trial source... 5 million and efficiency: the new explorer yacht Kiribati 38 by Floating Life is born, run around fish... Happened to go to the terms and conditions of EPGs Policy started boats... We started the art of boatbuilding and self-taught myself how to tell your landlord you broke something production space have! Is one of the first boats that i had to do it better for 20 years brand ages and reputation! Numerous awards for their design and performance.So why Thailand pop star next time comment. Of product Development and engineering spray booth extended family, were very.! Lavish Life: Inside Lady Gagas World, Sailing into a Sustainable future in 1989 his. Given companies like yours an edge that it meets the highest standards of performance and quality 17 53... Personally studied the art of boatbuilding today building, were very close competition say. Team create stunning new model after new model into thinking that theyre not up to par with other boats the...

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