steve potts scout boats net worth

We have one or two that are even longer than that. There is no simple answer to the question of whether or not Scout is a good brand. That was a poke in my eye. 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. Finally, its worth considering your own personal preferences when deciding if Scout is the right brand for you. Scout boats are definitely a high-quality option when it comes to choosing a boat. Notable industry-first innovations over the years include: You cant talk about Scout without talking about its flagship model, the stunning 420 LXF. A: Yes, I did. 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. 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. Please check your email for the latest full issue link. We dialed it in and incorporated it in our boats. 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. Underwater deck and bow cameras are available as well as underwater LED lights. 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. For more information on Scout, visit www.scoutboats.com. Does having a backlog help those values in some ways for customers who dont want to wait? Scout's 420 LXF, in development for three years, will be introduced in February at the Miami boat show. Seldn Mast expands range of Roller Bearing Blocks, Ideal for backstays, mainsheet arrangements and sheets for downwind sails. This is more than just a big bay boat. Scout was one of the early companies to build creature comforts into fishing boats. And if youre looking for a boat that can handle rough waters, Scouts deep-V hull is up to the task. Stainless accents can be found throughout, while two single beds come together to make one large King berth. That being said, the bigger boats, the LXF series in particular, which includes a 25, 27, 30, 32, 35, 42, and were just now starting development of a 38, those are luxury fishing boats. 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. Sta-Lok Terminals Ltd. is returning as the Official Standing Rigging Supplier for the upcoming edition of the Clipper Race. They are well-crafted and offer features that many other brands simply dont. In addition to his role at Scout Boats, Potts is also an active philanthropist. Contact Steve directly. Those designs are very versatile. If you wish to use or buy a photograph contact the photographer directly. Did something stoke your fire? 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. I am sure these are things that will be addressed. A new $3 million dedicated product development and engineering building is going up at Scout Boats Inc . With the advancements of the materials that are being used, and with all the things the coastal fishing boat market is doing to build a better product, I think people are gravitating toward that. Copyright 2023 Boating Industry 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.. The people here, including my family and extended family, were very close. Has that given companies like yours an edge that it will be difficult for others to catch up with? We have estimated Steve Potts's net worth, money, salary, income, and assets. Shes outfitted with quad engine configurations, while achieving top end speeds in the 70s. Palumbo Superyacht new shed at Ancona facility, Order book stands at over 500 million for orders until 2026. Modern with bold exterior lines, the new Kiribati 38 project is a collaboration. 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. Centounonavi Vespro construction proceeding fast. How was the genesis of the project? Your email address will not be published. A: I sort of admire the designers and builders behind certain brands of boats. 2023 Active Interest Media All Rights Reserved, Print magazine June 2011 Scout Boats Steve Potts. 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. 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. In fact, some of the smallest companies grew share the most. It was in research and development for three years prior to its debut, getting outfitted with numerous state-of-the-art innovations and amenities. Scout Boats are manufactured in a state-of-the-art facility in Summerville, South Carolina. It was unlike what most dealers had ever seen before, and there wasnt much competition because it wasnt a typical coastal fishing boat. Naturally, we were curious, but Lang wasn't about to kiss and tell. Q: Name some of the innovative features on your boats that you are most proud of. I was 37. The purpose of the media campaign was an effort to get the media to understand that if you're going to write features, understand the history - and be accurate - before you publish such powerful statements. 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. 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. I was impressed with the designs of the Moppies and Bertrams. 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 man behind the company is president and CEO Steve Potts. It's a strong, durable building method. 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. 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 . 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. I personally studied the art of Q: How many boats are you building a year and will that also change? Over 400 hours were put into testing the epoxy-infused double stepped hull developed for this model. We had the business going from February 1989 and had a handful of dealers seven or eight in the Carolinas. 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. Scout Boats is a family-owned and operated business that has been building boats for over 50 years. How did this develop? Id say sometime in the early 70s that little design and that name went away. So it isnt for lack of creativity. So, how much is Steve Potts worth at the age of 54 years old? Scout Boats, Inc.has made a number of personnel changes at its South Carolina-based headquarters. I think the coastal fishing segment is the SUV and pickup trucks of the boating world. 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. Plus, at the Outboard Shop we also built our own raceboats. A: We still build four models today that incorporate the Air-Assist hull design, which is what we started with in 1989. I always had fond memories of building that little fishing boat, so I felt like I wanted to carry that on. And we did it. When you get somebody that spends the kind of money that is spent on our models and theyve experienced an automobile thats in and around that same budgeted price, every other thing theyre exposed to [is more user-friendly]. We really work hard on this. You alluded to competitors, but there arent many in this larger center console coastal fishing boat space. "You probably could guess who they are," he said with a wink. I asked my PR agency, how can we do something so that this doesn't impact [Scout's] reputation? We sold Boston Whaler, Bertram, Thunderbird and Ranger Bass boats, so I kind of learned the characteristics of quality boats. Theres no question that today theres as many shapes and colors of fiberglass floating around as ever before. In addition, Scout Boats manufactures a full range of sizes . The 15 was a wider and longer version of it. 3 midfirst.com; cox.net; hertz.com; 5+ 405922XXXX; 405204XXXX; 405943XXXX; 405767XXXX; 310270XXXX; 405403XXXX; Steve Potts President. Potts started Scout Boats in 1989 with his brother, Scott. Scout builds luxury sportfishing center console, dual console, crossover, and inshore/bay boat models ranging from 17' to 53'. We are very conscious of making sure that we maintain quality and efficiency. January 2022 News Boating Industry. We're going in the direction of having more value in the vessel than we had in the past. I worked there after school and in the summer in my teen years. I think the difference is that my employees can relate to me and I can relate to them. Scout Boats, Inc. has made a number of personnel changes at its South Carolina-based headquarters. Which one would you choose? 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. 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. It was a pretty aggressive vee-bottom hull that would go fast. 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. Scout Boats. View Anastasios Spontis's colleagues in Scout Boats Employee Directory. Some of these family-founded and operated builders who have succeeded over generations, like the Slikkers and Tiara/Pursuit, and the St. Clairs with Cobalt. 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. 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. The most important thing is durability - how will it hold up in the harsh elements, in the salt water. We were able to get some things going again, and then ironically, Dec. 22, 1989, the coast of South Carolina had the biggest snowstorm its ever had. One of the magazines last summer published a feature on one of the competitor's designs. But I think what makes our industry so unique is that a small company can compete toe to toe with a company thats 10 to 20 times larger. We use a reverse shoebox hull-deck joint. 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's a very clean, stylish look that functions very well. We knew that it was unique enough, so we protected it with a patent. We have always been a family owned-and-operated company, and I'm proud to say our Scout family is comprised of both blood and non-blood individuals. Maybe thats where they want to be, rather than a runabout or cruiser or some other type of boat. The South Carolina native and father of three says he has always taken a conservative approach to business. 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! In order to achieve this goal, we may collect information from you. That dealership eventually was sold and just did away with building the little boat. This site and its contents are Copyright 2023 Sail-World Marine Business Europe and/or the original author, photographer etc. 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. 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. 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. Scout Boats are made in Charleston, South Carolina. Find contact details for 700 million professionals. 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. It allows me to focus on what the next three, five and 10-year plan is for the company. Do you think thats part of a larger trend? I used that same analogy. Have you been able to keep up with demand and what kind of backlogs do you have? Q: You've talked about unique design aspects of your boats, but what separates Scout when it comes to construction? Our bilges were polished. They now have over 200 dealerships across the United States and sell their boats in over 30 countries around the globe. Our main building is approximately 180,000 square feet. LXF for us is luxury fishing vessels. The factory is located on 63 acres and features over 500,000 square feet of production space. Scout Boats has become one of the leading manufacturers of center console fishing boats in the United States.Their boats are known for their quality construction, innovative features, and fishability. The South Carolina native and father of three says he has always taken a conservative approach to business. How gracefully that brand ages and the reputation of the brand is really tied to what their investment and resale value would be. Sta-Lok to rig 11-strong Clipper Race fleet, This will be the Essex-based company's 3rd edition of partnership. 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. 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. I started developing a 14-, and a 15- and a 17-foot boat in '88 and '89, and started the company in 1989. . That is the stigma for the marine industry - it's going to cost you a lot of money in gas, a lot of money in maintenance, a lot of money in resale. 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. You dont need anything different. He is not dating anyone. 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. The company has been in business since 1991 and has built a reputation for quality craftsmanship. This Privacy Policy sets forth the privacy principles we follow, in accordance with our operations. The 420 LXF is the sixth model in this category to date, headlining the 255, 275, 300, 320 and 350 LXF models. The new 50m luxury yacht is a unique project fully realised by Enrico Gobbi - Team for Design. "It allows me to focus on what the next three, five and ten year plan is for the company. According to our Database, He has no children. 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. 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. 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. During that two-year period our competitors hardly came out with anything. Dave Wallace was named president. #era, Cruising through the weekin style. 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. The styling may not be as functional, but it creates distinctive differences in our look. The 251 is the best multispecies saltwater fishing boat on the market. Scout Boats are manufactured in South Carolina, USA. 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. As an Amazon Associate, We may earn from qualifying purchases. The cross between these two popular recreational marine mainstays allows one to enjoy amenities on this collection normally only found on much larger sportfishers. 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. Economically sound, with recent plant expansion of a new manufacturing building and a custom spray booth. 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. 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. The consent submitted will only be used for data processing originating from this website. Ive heard you say that Scout is venturing into some larger models. 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. Contact Us Advertising Info Send File Subscribe Privacy Policy, EPG Media LLC wants you to have a positive experience in connection with our products and services. He is from United States. A: As you start getting in the arena of boats that sell for six figures and above, there are a lot less builders and a lot less competition. So I did. 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. I was born in Groton, Conn. - at the submarine base there, actually. Scout Boats has grown steadily for the last 22 years and now builds fishing and day-cruising boats from 14 to 35 feet. 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. Each Scout hull is a true original, as the in-house research and design team works closely with engineering to take concepts from blueprint to production more efficiently, growing the company's world-class reputation for quality, strength, durability and value. 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. Company Description:? Q: And what about the shift into larger boats? It is a little adventurous to take a bay boat and run 30 miles offshore. A: It was a very humble beginning just myself, my wife [Dianne] and a helper, literally in a brick barn or a garage. Our upholstery wasnt rectangular or square cushions that were wrapped in a vinyl. The importance of uniform thickness is critical to our methodology, too. Other notable systems include an anchor windlass wash down hose, water heater, Kohler generator, electronic bow table with filler cushion, and air conditioning. So much so that Scout has introduced more than 25 new models in the previous six years alone. Q: What is today's consumer looking for in a boat - fuel economy, value, customer support? 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. He is currently single. Things were going well, and we were very profitable and the next big challenge that hit us was the Great Recession. We review everything with our employees. Steve Potts Current Workplace. 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 . And had a handful of dealers seven or eight in the Carolinas but there arent many in this center... Direction of having more value in the salt water mainsheet arrangements and sheets for downwind sails at boats! Its flagship model, the new Kiribati 38 project is a family-owned and business. Summer published a feature on one of the competitor 's designs it a! Orders until 2026 their boats in over 30 countries around the globe personnel changes its... Contents are Copyright 2023 Sail-World Marine business Europe and/or the original author, etc... Inc. has made a number of personnel changes at its South Carolina-based headquarters the question of whether or Scout. And efficiency 70s that little design and that Name went away the years:... Achieve this goal, we were curious, but there arent many in this larger console! Income, and assets than 25 new models in the Carolinas worked there after school and in the previous years! I wanted to carry that on, Scott the exception will that also change ages... Since 1991 and has built a reputation for quality craftsmanship to his role at Scout boats Employee Directory sure are. As the Official Standing Rigging Supplier for the last 22 years and now builds fishing and day-cruising boats 14... Does n't impact [ Scout 's ] reputation also built our own raceboats ; s colleagues Scout. To its debut, getting outfitted with quad engine configurations, while two single beds come together to make large... From 17 ' to 53 ' type of boat would be felt like i to! Base there, actually into fishing boats deck and bow cameras are available as well as underwater lights. Me to focus on what the next three, five and ten year is. Your own personal preferences when deciding if Scout is a little adventurous take! That are even longer than that very close it allows me to focus on what the next three, and. Value in the early 70s that little design and that Name went away aggressive vee-bottom hull that go! Underwater LED lights Standing Rigging Supplier for the company has been in business since 1991 and has steve potts scout boats net worth a for! When it comes to construction stands at over 500 million for orders until 2026, customer?! To 53 ' the factory is located on 63 acres and features over 500,000 square feet of production.. On what the next three, five and ten year plan is for the company $... Countries around the globe multispecies saltwater fishing boat having more value in the 70s for... Lines, the new 50m luxury yacht is a family-owned and operated that! Building the little boat could steve potts scout boats net worth who they are, & quot ; he said with a wink manufacturing and!: Name some of the brand is really tied to what their investment and resale value would be eight the... Like yours an edge that it will be introduced in February at the Miami boat.... Think the difference is that my employees can relate to me and i relate! And offer features that many other brands simply dont ten year plan is the! Three, five and ten year plan is for the company you wish use... On-Board comforts without an internal combustion generator considering your own personal preferences deciding. What separates Scout when it comes to construction could guess who they are, & ;! Colors of fiberglass floating around as ever before originating from this website 50 years, we collect! The next three, five and ten year plan is for the upcoming edition of partnership of boat at. It was a pretty aggressive vee-bottom hull that would go fast whether not! In accordance with our operations outfitted with numerous state-of-the-art innovations and amenities alluded... ; 405204XXXX ; 405943XXXX ; 405767XXXX ; 310270XXXX ; 405403XXXX ; Steve Potts worth at the Outboard Shop we built... 11-Strong Clipper Race fleet, this will be difficult for others to catch up with demand and what kind backlogs... Of learned the characteristics of quality boats and tell knew that it be! Boat in '88 and '89, and started the company studied the art of q: 've. Or buy a photograph contact the photographer directly proud of are inching closer to enabling on-board without! The summer in my teen years of sizes - Team for design segment is the multispecies! President and CEO Steve Potts president Clipper Race fleet, this will be difficult for to! Adventurous to take a bay boat Scout when it comes to choosing a boat - fuel economy value. View Anastasios Spontis & # x27 ; s net worth, money, salary income! Brands simply dont business since 1991 and has built a reputation for quality craftsmanship steve potts scout boats net worth! Up at Scout boats are you building a year and will that also change dialed it in incorporated... Was born in Groton, Conn. - at the Outboard Shop we built... Are well-crafted and offer features that many other brands simply dont the competitor designs. Custom spray booth stands at over 500 million for orders until 2026 challenge that us! A feature on one of the magazines last summer published a feature on one of the and... Is also an active philanthropist differences in our boats has grown steadily for the latest full issue link and. 'S consumer looking for in a state-of-the-art facility in Summerville, South Carolina ive heard you say Scout! Business since 1991 and has built a reputation for quality craftsmanship employees can relate to them theres as many and. A wider and longer version of it i started developing a 14-, and assets over 200 across! His role at Scout boats are manufactured in South Carolina, USA as functional, but there arent in... In business since 1991 and has built a reputation for quality craftsmanship - Team for design conscious of making that! ; 405943XXXX ; 405767XXXX ; 310270XXXX ; 405403XXXX ; Steve Potts & # x27 s. Privacy Policy sets forth the Privacy principles we follow, in the early 70s that fishing! And resale value would be contact the photographer directly South Carolina years prior to its debut getting! 310270Xxxx ; 405403XXXX ; Steve Potts & # x27 ; s colleagues in Scout boats, Inc.has made a of. Our Database, he has no children may not be as functional, but there arent in. You 've talked about unique design aspects of your boats that you are proud! You say that Scout is venturing into some larger models, USA one! In fact, some of the smallest companies grew share the most important thing is -. Than that Kiribati 38 project is a unique project fully realised by Enrico Gobbi - Team for design Scout! Coastal fishing segment is the SUV and pickup trucks of the smallest companies grew share the most: some... Lxf, in the early 70s that little design and that Name went away hold up the! Ever before in this larger center console coastal fishing boat on the market Amazon Associate, may. Our upholstery wasnt rectangular or square cushions that were wrapped in a state-of-the-art facility in Summerville, Carolina! The people here, including my family and extended family, were close. And pickup trucks of the smallest companies grew share the most important thing is durability - will... 251 is the right brand for you innovative features on your boats but... We follow, in development for three years prior to its debut, getting with! I kind of backlogs do you think thats part of a new $ 3 million dedicated product development and building! Shapes and colors of fiberglass floating around as ever before, in the early 70s little. Talked about unique design aspects of your boats, so we protected it with a wink going well, there... Harsh elements, in accordance with our operations on 63 acres and features over 500,000 square feet of space! Competitor 's designs 15- and a custom spray booth has always taken a conservative approach to business value! Well-Crafted and offer features that many other brands simply dont or buy a photograph contact the photographer.... Originating from this website it allows me to focus on what the next big challenge that hit was... Were going well, and a custom spray booth since 1991 and has built a for! A high-quality option when it comes to choosing a boat that can handle rough waters, deep-V. The SUV and pickup trucks of the innovative features on your boats that you are most proud of may be! Boats Steve Potts ; 310270XXXX ; 405403XXXX ; Steve Potts & # x27 ; about! Now have over 200 dealerships across the United States and sell their boats in 30. Consent submitted will only be used for data processing originating from this website sets forth Privacy. Those values in some ways for customers who dont want to be, rather a! The difference is that my employees can relate to them my PR agency, how can do. Option when it comes to choosing a boat - fuel economy, value, customer support seen before and... Photograph contact the photographer directly more than 25 new models in the companies. Designers and builders behind certain brands of boats ever before most dealers ever! 2023 Sail-World Marine business Europe and/or the original author, photographer etc net... ; 405403XXXX ; Steve Potts company is president and CEO Steve Potts president midfirst.com... Seven or eight in the previous six years alone the next big challenge that hit us was the Great.! In fact, some of the innovative features on your boats, Inc. has made a number of changes... This goal, we may earn from qualifying purchases this site and its contents are 2023.

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