Company Description:? Other notable systems include an anchor windlass wash down hose, water heater, Kohler generator, electronic bow table with filler cushion, and air conditioning. He is a member of famous with the age 54 years old group. Everything we put into them has really paid off. 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. A: Im glad you mentioned that because that has been a struggle. Theres also an optional SeaKeeper gyro stabilizer, flybridge, articulating rocket launchers that work in conjunction with the retractable SureShade, and a 5-N-1 second row seating configuration that won a marine industry innovation award. Newly developed battery system suitable for electric and hybrid propulsion. We have estimated Steve Pottss net worth, money, salary, income, and assets. I am not the kind of person who hires lawyers. 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. 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. 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. 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. People don't see enough good reasons not to buy something secondhand. Q: How is your work force projected to grow? 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. As a new boating season gets underway, the top threat to boater access and businesses that depend on the marine industry is the federal governments proposed speed restrictions along much of the Atlantic coast of the United States. That really helped me. "I've been a boatbuilder all my life, starting in my teens," said Scout CEO Steve Potts. That really concerned me. I was one of the guys who tweaked bottoms to gain a mile an hour or two. Over 400 hours were put into testing the epoxy-infused double stepped hull developed for this model. How was the genesis of the project? 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. The company was founded by Potts and his wife Dianne in 1989. Maybe thats where they want to be, rather than a runabout or cruiser or some other type of boat. That helps us with the brand image that we have. Scout models arent just stunning to look attheyre also packed with many first-to-market innovations and features. It was, I guess, from famine to feast. We hand-lay everything, so those thicknesses are uniform from boat to boat. The company initially operated out of a small garage, but it has . It allows me to focus on what the next three, five and 10-year plan is for the company. 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. We meet every month. 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. His net worth has been growing significantly in 2020-2021. It was something we spent a lot of time on. The company was founded by Steve Potts, who is still the owner and president of Scout Boats. 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. Q: You recently wrote a letter to marine publications about unnamed companies copying Scout's T-top/windshield design. 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 . My father was in the Navy, so I've always lived on the coast. 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. . Scout Boats, Inc. has made a number of personnel changes at its South Carolina-based headquarters. Either people getting out of it or moving in a different direction or whatever. His net worth has been growing significantly in 2020-2021. We did a lot of homework. 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. It seems like it's going to be very expensive, very specialized. A: It was a relatively simple creek boat - a saltwater fishing boat. 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. Steve Potts was born on 7 May, 1967 in Hartford, Connecticut, United States. 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. A: One of the things is our methodology. Want to know when we have important news, updates or interviews? I think 60 percent of the brands are homogenous - a blend of what a handful of companies do in creating trends and looks and design and function. Torqeedo makes electric marine propulsion systems for boats ranging from 1 to 80 hp equivalents and is now a major player in the segment. 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. 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. The new 50m luxury yacht is a unique project fully realised by Enrico Gobbi - Team for Design. We started sculpturing the seating and introducing some new contrasting colors and doing a lot of things like that. How much are you growing? For instance, our reverse-angle transom is aesthetically pleasing. When Steve decided to build boats himself, he turned to his youthful endeavors and secured permission to use the Scout name. Steve Potts Height, Weight & Measurements. I had worked and struggled too long not to continue on. Scout Boats is a family-owned and operated business that has been building boats for over 50 years. Nautor Swan launched the Swan 108 project in 2021, during the Regate di Primavera in Portofino. Learn How rich is He in this year and how He spends money? For more information on Scout and any of its innovative model lineup; to request a brochure, quote or test drive; or to build your own Scout model, visit www.scoutboats.com today. Does having a backlog help those values in some ways for customers who dont want to wait? Were going to continue to build a very diverse model mix. 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.. I asked my PR agency, how can we do something so that this doesn't impact [Scout's] reputation? It was kind of like a racing boat that I used as a pleasure boat. They currently produce 23 models ranging from 17-53. 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. We put the pieces back together. The low resistance, high dynamic load block range will now include larger single and single/stand ups in 100mm and 130mm diameter blocks, ideal for backstays, main sheet arrangements and sheets for downwind sails on yachts of various sizes. The bottoms of all of our fiberglass lids were polished. Steve Pottss income source is mostly from being a successful . Scout Boats announced several promotions to start 2022, with company founder and owner Steve Potts named chief executive officer. 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. The most important thing is durability - how will it hold up in the harsh elements, in the salt water. Q: Scout has taken the functionality of a sportfishing boat and combined it with luxuries and comforts. 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. A: With some models, as much as six months. Steve Potts Scout Boats Net Worth: $5 Million Steve Potts is the co-founder and CEO of Scout Boats, a South Carolina-based company that manufactures and sells fishing boats. Now available with 120% more relief shading coverage to deliver intricate and clear bottom structure. Our deck goes inside of the hull, which is different from most builders. We and our partners use cookies to Store and/or access information on a device. He is from United States. We review everything with our employees. In that building we have what we call Plant A and Plant B. Save my name, email, and website in this browser for the next time I comment. Heres what you need to know about the Scout 42:The Scout 42 is a luxurious cruising yacht that was designed with comfort in mind. But we came out of the period between 2008 and 2010 with 18 new models. Q: This segment has been one of the few weve seen make a rebound. Down below, the appointments resemble the elegance of those on a private jet. Modern with bold exterior lines, the new Kiribati 38 project is a collaboration. "I'm proud to see our family of employees grow over the years, and proud to see them grow within the company.". Every one of those things I knew we needed to get right. There was nothing else like it at the time. A: For our brand, Scout still builds from 17 feet to now 42. Steve Potts is the co-founder and CEO of Scout Boats, a South Carolina-based company that manufactures and sells fishing boats. We're going in the direction of having more value in the vessel than we had in the past. 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. We may offer you the ability to connect with our websites or use our applications, services, and tools using a mobile device, either through a mobile application or via a mobile optimized website. Q: What features or styles do today's Scout boats have that were present on those first boats? 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 have done a lot of experimenting with hull bottoms to get better speed, better fuel efficiency, a softer ride. Everyone talks about deeper vee hulls and larger outboards and bigger fuel tanks. The company consistently introduces well-thought-out fishing and day-cruising platforms. Scout Boats, Inc. has made a number of personnel changes at its South Carolina-based headquarters. Q: How do Scouts hold up for resale? A: It was a very humble beginning just myself, my wife [Dianne] and a helper, literally in a brick barn or a garage. 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. The provisions of this Policy apply to all such mobile access and use of mobile devices. Scout Boats has grown steadily for the last 22 years and now builds fishing and day-cruising boats from 14 to 35 feet. Palumbo Superyacht new shed at Ancona facility, Order book stands at over 500 million for orders until 2026. 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. This is more than just a big bay boat. @champagne, Join @tomzenner on this Hellcat Experience at Barr. The 420 also provides customizable features for its owner, such as custom painted engines and a SureShade integrated retractable awning. Do you think the smaller companies will emerge most healthy from this lingering downturn? So I did. 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. We dont have much information about Hes past relationship and any previous engaged. Sta-Lok to rig 11-strong Clipper Race fleet, This will be the Essex-based company's 3rd edition of partnership. We use a reverse shoebox hull-deck joint. That dealership eventually was sold and just did away with building the little boat. Naturally, we were curious, but Lang wasn't about to kiss and tell. It was something better than that. Contact Steve directly. Thats where the name Scout came from. Manager, Human Resource. Q: Do you think this is a long-term trend toward larger outboard-powered center consoles? 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. 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. Scout Boats announced several promotions to start 2022, with company founder and owner Steve Potts named chief executive officer. Some of our partners may process your data as a part of their legitimate business interest without asking for consent. 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. Are they becoming more family boats because of the styling and comfort, combined with functionality? Id say sometime in the early 70s that little design and that name went away. 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. Scout Boats builds luxury sportfishing centre console, dual console, crossover, and inshore/bay boat models ranging from 17-53ft. The 12.8-metre 420 LXF is Scout's largest fishing boat. Seldn Mast expands range of Roller Bearing Blocks, Ideal for backstays, mainsheet arrangements and sheets for downwind sails. Thats who we are. We discuss our information collection practices below. It seems to me that is one of the things as an industry we have to change. Having 30 switches on the dash on your boat is cool. Were very driven as a group. Ive been a boatbuilder all my life, starting in my teens, said Steve Potts. "We've built a team here that will continue to take us into the future," said Potts. In addition to his role at Scout Boats, Potts is also an active philanthropist. An example of data being processed may be a unique identifier stored in a cookie. The company uses high-quality materials and construction techniques to create durable products that will last for years. (Three Garmin 8215 15 screens come standard.) He is from United States. We are very conscious of making sure that we maintain quality and efficiency. Dave has been my right hand for 22 years running the day-to-day operations, and it's only fitting that he assumes the role of president for the company he's been so crucial in helping grow for more than two decades.". The first design was pretty high-end with a good finish. The answer may surprise you I don't know if it's going to be the common motor that you'll see every day out on the water. A: Yes. The consent submitted will only be used for data processing originating from this website. It was a recreational conglomerate like AMF. We developed lots of bigger models that were unique in styling and performance. Steve Potts, CEO and Founder of Scout Boats. Q: Did you grow up around the water and boats? Our bilges were polished. 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. We dialed it in and incorporated it in our boats. Upgrade the standard upholstery package to the Brisa or Italia package, maneuver with confidence in tight spots with the proportional bow thruster, and enjoy a cockpit table or fighting chair alongside your optional electric grill. We basically as a family, brick by brick, unloaded what was underneath the building that was leveled and we salvaged what we could. Scout was one of the early companies to build creature comforts into fishing boats. / Scout Boats, Inc. steve potts scout boats net worth Home They're passionate boatbuilders. A: I can only speak about the coastal fishing boat market. During that two-year period our competitors hardly came out with anything. Im proud to see our family of employees grow over the years, and proud to see them grow within the company. Onboarding new customers can also be powerful for word-of-mouth marketing, and repeat and referral business. The South Carolina native and father of three says he has always taken a conservative approach to business. Scout Boats is part of the Automobile Dealers industry, and located in South Carolina, United States. That approach enabled Scout to enter the Great Recession debt-free. We are very transparent and very inspirational. 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. This vessel is a great option for those who want quality and comfort. 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. To view the purposes they believe they have legitimate interest for, or to object to this data processing use the vendor list link below. Seaworthiness, comfort and efficiency: the new explorer yacht Kiribati 38 by Floating Life is born. Our main building is approximately 180,000 square feet. If someone wants to tournament-fish, they can. You are responsible for regularly reviewing this Policy and any changes thereto. #era, Cruising through the weekin style. At 54 years old, Steve Potts height is 170cm . Read Next: An exclusive interview with Scout Boats President, Steve Potts, describing the 53 LXF, Scout's largest boat to date! Soundings Trade Only met up with Dometic Marines Eric Fetchko, president of Dometic Marine Global since April 2020, to discuss consolidation, electrification, technology, market headwinds and more. By using the any of our websites and/or making online requests of products, you agree to the terms and conditions of EPGs Policy. Stevie Potts, vice president of product development and engineering. I personally studied the art of boatbuilding and self-taught myself how to do it better for 20 years. 2023 Active Interest Media All Rights Reserved, Annual Branded-Content Special Advertising Sections. Do you think thats part of a larger trend? Soundings Trade Only met up with Dometic Marines Eric Fetchko, president of Dometic Marine Global since April 2020, to discuss consolidation, electrification, technology, market headwinds and more. We recently had the opportunity to work with Scout Boat customer service when we were considering upgrading our boat.We found them to be extremely helpful and knowledgeable, and they made the entire process easy and stress-free. We dont get snow in Charleston, but I think where we were there was 10 inches of accumulation, which is unheard of. There is no simple answer to the question of whether or not Scout is a good brand. The South Carolina native and father of three says he has always taken a conservative approach to business. They offer an impressive lineup of vessels, from small fishing boats to large yachts, and their customer service is top-notch. "It allows me to focus on what the next three, five and ten year plan is for the company. Can you speak to that? Q: Are you working on any other new boats? Their first boat was a simple, quality skiff. A: Being a fisherman I love to do a variety of types of fishing, and I think a lot of boaters do, too. So I think theres a little bit of a trend and growth in that market segment, but I dont think its a huge market segment as far as the number of boats that are being sold. I was 37. The norm was the Euro-style transom - a deck line that dropped back to transom height where the outboard hangs. Find contact details for 700 million professionals. I continued in the boat business with a couple of different companies. A: Having distinctive features and styling that differentiates us is extremely important. 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. It is a little adventurous to take a bay boat and run 30 miles offshore. He and his wife, Dianne, founded Scout in 1989, setting up shop in a small brick barn. They were in direct competition with AMF. 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 . 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. Boats are like everything else: you get what you pay for. I was living my dream and paying bills and making ends meet and doing little things when I had time to develop different and bigger models. Without advocacy, the marine industry wouldn't have a voice. 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. 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. If you prefer gear that looks stylish and modern, then Scout might not be the best choice as their designs are fairly traditional.However, if you value function over form then Scouts products could be exactly what youre looking for. That was really important to me - I wanted people to know it was a Scout, even without seeing the name on the side. 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. At the end of the day, being a business thats very labor-intensive, its about how well we deal with human behavior. LXF for us is luxury fishing vessels. 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. A: What pushed my button was I knew over the past couple years there were some things going on with companies developing the same concept [with tempered glass]. Again, Ive learned what not to do. Our goal is to provide you with an experience that delivers the information, resources and services that are helpful to you. A: In the mid-'80s, I knew I wanted to do my own thing and I always had an affection for the Scout, and in particular the name because it was an in-demand and a quality fishing boat in the Charleston area that everyone knew about. It was all fiberglass. 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. Printer Friendly View Address: 2531 W 5TH North St Summerville, SC, 29483-9640 United States . Steve Potts, CEO and founder of Scout Boats, is a man with a vision. Q: I've seen the Scout 251 XS. Scout Boats, Inc.has made a number of personnel changes at its South Carolina-based headquarters. 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). It was really myself, my wife, and at the time my 12-year-old son, who today is the vice president of development, and my 9-year-old daughter. Steve Potts Current Workplace. 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. It will be interesting to see where that goes. Already a subscriber? That was a poke in my eye. And we did it. I worked there after school and in the summer in my teen years. These internal promotions take long-standing employees and elevate them to new positions, as well as position Scout founder and owner Steve Potts as the Chief Executive Officer of the growing boatbuilder. BoatingBuddy.com is a participant in the Amazon Associates Program. Plus, at the Outboard Shop we also built our own raceboats. This Privacy Policy sets forth the privacy principles we follow, in accordance with our operations. Steve Potts has been working as a Owner at Scout Boats for 34 years. "For 50 years I've had my hands on my craft, and on building a successful business. 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. 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. This article originally appeared in the December 2014 issue. 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.. So, how much is Steve Potts worth at the age of 54 years old? An Experience that delivers the information, resources and services that are helpful to.... Scout CEO Steve Potts recently wrote a letter to marine publications about unnamed companies copying Scout 's T-top/windshield design from! 'S Scout Boats lived on the dash on your boat is cool struggle. Seems to me that is one of those on a device a private jet or cruiser or some type... Is your work force projected to grow income source is mostly from being a business thats very labor-intensive, about. How well we deal with human behavior get what you pay for by life... Until 2026 Potts height is 170cm to me that is one of the day, a. 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