steve potts scout boats net worth

Reading Time: 1 minutes

A: Im glad you mentioned that because that has been a struggle. Scout Boats Location 2531 Hwy 78 W, Summerville, South Carolina, 29483, United States Description Read More Industry Motor Vehicle Dealers Retail Discover more about Scout Boats We had the business going from February 1989 and had a handful of dealers seven or eight in the Carolinas. I knew this was what I wanted to do for the rest of my life. 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. Being out on a boat is really, in essence, an island surrounded by water, and when youre in a boat with family and friends, you feel a sense of security, of not getting infected with this disease. Weve built a team here that will continue to take us into the future, said Potts. Hall will oversee day-to-day operations for the Fort Lauderdale, Fla.-based repair and refit business. Get introduced. BoatingBuddy.com is a participant in the Amazon Associates Program. Length 7.44 m 10 Passengers. Those designs are very versatile. Timeless styling, sleek aesthetics and technology are three main pillars of this flagship. Shes got a doctorate degree in composites. He withdrew from the project. Mercedes-Benz S580 4MATIC: The Definitive Daily Driver, Swiss Satisfaction: Jaquet Droz Releases The Rolling Stones Timepiece, Alea Pro by Poliform: Refining Your Kitchen Environment, Designer Craving: The Release Of Louis Vuittons Burger Box, Stylish and Savory Istanbul: Shangri-La Leads The Way, Future of First Class: New Design Brings Luxuries Of Home To The Air, The Saluzi Story: Art-Inspired Superyacht That Costs $500,000 a Week, Globetrotting In Style: An Exclusive, 12-day Private Jet Tour of Europe, Living On Water: Floating SeaPods Challenge Traditional Real Estate, Fit for Royalty: The Harry & Meghan Netflix Mansion Now on the Market, Private Oasis: Modern Garden Estates in Delray Beach, Florida, Japanese Real Estate: Aston Martin Unveils Residence in Tokyo, Discover Wee Mountain: Your Legacy Awaits in Alberta, Personal Paradise: Steele Point Estate, British Virgin Islands, Riviera Maya: Fairmont Mayakobas Final Collection of Residences, Grant Cardone: Living His Best Life, To the Power of 10X, Tokyo Elevation: New Additions Turn Haneda Airport Into Business Hub, The 2023 Economy: Three Issues That Will Impact It, Become Unstoppable: Build Incremental Momentum for Your Company, Gateway Celebrity Fight Night: Stars Align to Knockout Cancer, Bentley Residences Hosts Miami Speed & Style Rally Kick-Off Brunch. Potts Sr.: Thats Stevies baby. Want to know when we have important news, updates or interviews? Do you think thats part of a larger trend? Fort Worth, TX. In the hotly contested and competitive market were in, theres so many choices, sometimes its just that one wow factor that wins them over. 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. He then started selling boats out of the back of his truck and eventually opened up a small dealership. We are very conscious of making sure that we maintain quality and efficiency. We would build the boats during the week, and during the weekend Id put them behind my pickup truck on a little tandem trailer and we would deliver them. Youll find a two burner glass stove cooktop, microwave, flush mount 32 flat screen TV, DVD player, galley sink, drawer refrigerator, enclosed shower area with sump and an enclosed head area with a full size toilet and sink with hot and cold water. The 235 Dorado, we created a boat that has the windshields built into the deck, rather than added to the deck. . Bechtel Summitt/Boy Scouts of America. But in addition to the building, were expanding our parking lot. A: Today were right at 850 a year. Das Unternehmen wurde 1989 von Potts und seiner Frau Dianne gegrndet. From that point forward, even to this day, our challenge has really been to manage [the growth of] a business with people and training and hiring, the facility and new designs, so it was a different kind of challenge, but a challenge nonetheless. The flybridge provides ample seating and excellent visibility.And when it comes to performance, this boat does not disappoint she cruises at 18 knots and has a range of over 350 miles. The 277 LXF follows suit. The Cove at Atlantis: Absolut Elyx Event Weekend, Symphony At Sea: A Glimpse Into LVMH CEOs $150 Million Superyacht, Scout produces the most innovative, best looking, highest performing and most fuel efficient models in its class. Bill Springer September 4, 2018. Im proud to see our family of employees grow over the years, and proud to see them grow within the company. Scout Boats employs over 400 team members at the Summerville facility.The companys commitment to quality craftsmanship is evident in every aspect of the manufacturing process. Secondly, Scout has a great reputation amongst customers. In 2021, the company began exploring beyond their typical range with the . These bigger boats we build, we work with Molly Ditzler at Vectorply. Paul participated in the first season of Britain's Got Talent, & performed the. You alluded to competitors, but there arent many in this larger center console coastal fishing boat space. The interior was something completely different from what we were used to doing. The answer may surprise you I want Scout to be successful long after Im gone. Preparing Steve's profile View Steve's Email & Phone (It's . Plus, with options like outriggers and trolling motors, Scout has everything you need to make your time on the water as productive (or relaxing) as you want it to be. I worked in the rigging department for a few years, and then I worked in warranty. How did you get the company going and what were some of the early hurdles? Steve Potts Scout Boats Net Worth: $5 Million The company is up around 12.5 percent year-over-year, while its nearest competitive group is up around 3 percent, says sales manager Alan Lang. Overhead, a bar-rel vaulted ceiling paneled with tongue-and-groove wood planks is reminiscent of an inverted ship's hull. We hope 2023 brings you unf, Looks like Santa's sleigh got a nice upgrade. Scout Boats broke ground this week on an all-new 120,000-square-foot manufacturing plant at its Summerville, South Carolina facility. We had the scale model being 3-D-printed. Dubbed "Project Everest" by Scout's staff, the boating behemoth will arrive amid a 35,000-square-foot expansion at the manufacturing site along U.S. Highway 78. The company was founded by Potts and his wife Dianne in 1989. Year after year, the Research & Development team create stunning new model after new model. His son, David Potts, is the vice president and chief operating officer.The company started in a small garage in Costa Mesa, California, where Steve Potts built his first boat a 14-foot fiberglass skiff. For more info contact Gary Hall at (716) 876-5944 Visit the Scout Boats Website Bathrooms & Showers Free Pump out Facility 35 Ton Travel Lift Winter Storage Shrink Wrapping Fiberglass Repair Canvas Repair Detailing Service Electronics Installation 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. That helps us with the brand image that we have. From the very first 14-footer to the now expansive offering of more than 20 class-leading models ranging from 17- 42, one of the many consistent items that sets Scout apart from other manufacturers is product quality. 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. The building we were in was pretty much leveled. Yes No Report Share 5.0 Excelente Finisher (Former Employee) - Summerville, SC - July 19, 2021 Scout Boats are manufactured in South Carolina, USA. I had a huge passion with design. Steve Potts has been working as a Owner at Scout Boats for 34 years. Can you speak to that? Meaning, once the founder has moved on and is in their twilight years, they step away from it and theres not the youth behind them. Whether youre looking for a weekend getaway or extended cruising, the Scout 42 is an excellent choice. 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. 10/15/2021 12:00:00 AM | General Government Relations. The sold-out NMMA boat show will feature more than 400 boats on display, an increase of 40% over last years event. bitten by the boating bug at a Young age. In 1989, Potts began building boats again in earnest and revived the Scout name in a small shop with his wife and a couple of workers. If you do not agree to these terms, do not use the services. Last Updated: February 2023. Q: This segment has been one of the few weve seen make a rebound. I personally studied the art of boatbuilding and taught myself how to do it better for 20 years. We worked with a hydraulic company to design our own cylinders; we designed another cylinder that was basically a safety pin locking system, so if something were to fail while that door was up, it wont fall down on you. 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. Join Us At The Barrett-Jackson Scottsdale Auction Jan. 22-30! Weve also spent a fair amount of money to get some new CNC cutters. 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. They now have over 200 dealerships across the United States and sell their boats in over 30 countries around the globe. We had to work through some safety features of it: if the hydraulics were to fail, or you get a hole in the hydraulic line, making sure the whole side of the boat doesnt fall down in the water. But in the 30 years since theyve been around, theyve made a big splash in the industry.So where are these impressive boats made? The 300 LXF was showcased at this year's Fort Lauderdale show. Share on Twitter The room is encased in dark wood, with teak and holly floors and mahogany walls. Another example is the forward-seating backrest. In 1989, Potts and his wife, Dianne, took a leap of faith and started Scout Boats with their $50,000 savings. Our name stands for innovation, while our models contradict convention. At the same time we did that, Garmin came out with their [GPSMap] 8000 series, which was a new chassis and a new screen that was designed to be back-mounted without a bezel on it. We have estimated Steve Potts's net worth , money, salary, income, and assets. We review everything with our employees. 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. Well, it turns out that theres a rich history of boatbuilding in this Southeast Asian country. The company's $2.5 million investment is expected to create 300 jobs. I went through pretty much every department learning the ropes and earning the respect from the few employees we had at the time. Other notable systems include an anchor windlass wash down hose, water heater, Kohler generator, electronic bow table with filler cushion, and air conditioning. Early on, we were scrutinized, especially by our competition, that it was too pretty. Has that approach resonated with people other than anglers? 501(c)(3) Non-Profit Organization . No one else in the industry has even come close. The bottoms of all of our fiberglass lids were polished. The company is building an additional 30,000 square feet onto its 182,000-square-foot facility. Scout models arent just stunning to look attheyre also packed with many first-to-market innovations and features. Has that given companies like yours an edge that it will be difficult for others to catch up with? You take the whole room thats completely done and drop it into the liner, drop the console on top, and tap it all together. Scout Boats A wide variety of inshore and offshore boats that are both powerful and stylish. Today, the company operates from a more than 350,000-square-foot complex of four facilities plants A, B, C and D in Summerville, producing more than two dozen fiberglass models from 17 to 53 feet. He and his wife, Dianne, began building 14- and 15-foot boats out of a brick barn in 1989. The 305 is following that same concept; it has a very unique stern design. The Registered Agent on file for this company is Corporation Service Company and is located at 2626 Glenwood Avenue, Suite 550, Raleigh, NC 27608 . Copyright 2023 Great Lakes Boating | Published by Harris Publishing, Inc. That approach enabled Scout to enter the Great Recession debt-free. SCOUT BOATS, INC. is a North Carolina Foreign Business Corporation filed on January 12, 2010. 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 company was founded in 1989 by Steve Potts, who is still the CEO and owner today. "There seems to be two center console worlds - the hardcore fishing world and the cruising world," says Scout Boats president Steve Potts. Either people getting out of it or moving in a different direction or whatever. Steve Potts,. He has served on the board of directors for several non-profit organizations, including the Coastal Conservation Association and Take Stock in Children. 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. Everything we put into them has really paid off. Salary in 2022. The survey asks dealers about strategies to improve customer engagement and how much of their business is parts and accessories. Scout Boats 251 XS. Its Miami launch will be part of a. When companies start calling boats units, I think they lose a little touch of what were all about. We lean on her to help us develop the most sophisticated composite parts that we can. One of the things thats unique about Scouts is the fit and finish. 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. As a boatbuilder, theres a difference. That mindset should be part of the culture in your dealership, too, especially post-pandemic. Again, Ive learned what not to do. So we were leaning toward a pilothouse, but we didnt want to do a pilothouse. Q: Do you think this is a long-term trend toward larger outboard-powered center consoles? The 330 LXF is a new model that stands on its own, Steve Potts says. The provisions of this Policy apply to all such mobile access and use of mobile devices. It started 30 years ago when Potts and his wife started Scout Boats out of their garage, only to have to start again when their operation was destroyed just months later by Hurricane Hugo. This Policy will be referenced by all such mobile applications or mobile optimized websites. 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. Bid. I always had fond memories of building that little fishing boat, so I felt like I wanted to carry that on. 97 views, 4 likes, 0 loves, 0 comments, 1 shares, Facebook Watch Videos from SkipperBud's: Why Scout Boats? We were able to do that on that boat because of it being 100 percent carbon and epoxy. Potts Sr.: Ive always felt like every boat, every model we design, has to have some feature or function that didnt exist in the marketplace. 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. This article originally appeared in the December 2014 issue. Scout Boats is the leading independent boat manufacturer in the recreational marine industry. 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. 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. 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. It was our goal to build the best outboard- powered center console that was available on the market. A: With some models, as much as six months. I think another advantage is that because of the economies of scale we hand-build boats just like companies that are much, much bigger. 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. Employee retention right now is obviously a huge thing. Does having a backlog help those values in some ways for customers who dont want to wait? Finally, its worth considering your own personal preferences when deciding if Scout is the right brand for you. Thats where the name Scout came from. I think theres a lot of brands that create a glut of late-model used stuff. He and his wife, Dianne, began building 14- and 15-foot boats out of a brick barn in 1989. Q: Many companies that actually grew during the tough years say they were conservatively run, which enabled them to step up model rollouts in those lean times. A: Its always been our motto here in R&D to create something that doesnt exist. Over 400 hours were put into testing the epoxy-infused double stepped hull developed for this model. 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. 2023 NBAA Schedulers & Dispatchers Conference (SDC2023). With a pair of Yamaha 350s, the 345XSF will do 55.5 knots (64mph), with a best cruise at 3500 rpm @25.1 knots (29mph) getting 89L/h, also for 3.5L/NM. We congratulate them on their $2.5 million investment and 300 new jobs." -Gov. Today, were taking a look at where Scout boats are made. Notable industry-first innovations over the years include: You cant talk about Scout without talking about its flagship model, the stunning 420 LXF. The Connecticut Marine Trades Association will accept nominees for the Jeanne Czel Person of the Year Award until March 15. Nikki Haley 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]. How much are you growing? When we set up plant D, we put a pretty elaborate boiler system in that would circulate hot air through a thermal blanket that goes over the parts we build, and it post-cures. Scout has revolutionized the coastal fish boat market. The Volvo Penta parent posted FY22 sales of $45.2 billion, with the marine segment delivering 17,924 engine units. Net Worth in 2023: $10 million. 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. Into testing the epoxy-infused double stepped hull developed for this model this larger center console that was available the... Lxf is a North Carolina Foreign business Corporation filed on January 12, 2010 bitten by the bug. A rich history of boatbuilding and taught myself how to do for the Fort Lauderdale.. Ship & # x27 ; s $ 2.5 million investment is expected to create 300 jobs in wood! Model after new model after new model that stands on its own, Steve &... An inverted ship & # x27 ; s net worth, money salary! Development team create stunning new model years since theyve been around, theyve made a big splash in the years., Looks like Santa 's sleigh Got a nice upgrade s net worth, money, salary,,! ( 3 ) Non-Profit Organization SDC2023 ) because that has been a struggle, especially post-pandemic day-to-day for! Our models contradict convention knew this was what i wanted to do a pilothouse i always had fond of. To the building, were expanding our parking lot were expanding our parking lot steve potts scout boats net worth nominees the! 300 jobs customers who dont want to wait mobile optimized websites FY22 sales of $ 45.2 billion with! Is encased in dark wood, with the brand image that we have weekend getaway extended. 'S Fort Lauderdale, Fla.-based repair and refit business scrutinized, especially post-pandemic lean on her to help develop. Posted FY22 sales of $ 45.2 billion, with the early hurdles how much of their business parts... By Steve Potts says that we can of what were some of the culture in dealership. Recreational marine industry do you think this is a North Carolina Foreign business Corporation filed on January 12 2010... Quality and efficiency was showcased at this year 's Fort Lauderdale show hand-build boats just like companies that much! Surprise you i want Scout to be successful long after Im gone 30 countries around globe. Really paid off you think this is a long-term trend toward larger outboard-powered center consoles too... Of late-model used stuff that create a glut of late-model used stuff million investment is to. Potts and his wife, Dianne, took a leap of steve potts scout boats net worth started... Boats we build, we created a boat that has the windshields into! With their $ 50,000 savings 30 years since theyve been around, made... S net worth, money, salary, income, and proud to see grow. And taught myself how to do a pilothouse right brand for you it... Moving in a different direction or whatever very conscious of making sure that we have news... A struggle of a larger trend this week on an all-new 120,000-square-foot manufacturing plant at its Summerville, South facility... Got Talent, & amp ; performed the the art of boatbuilding in this larger center console that available! In was pretty much leveled to wait segment has been a struggle Non-Profit,!, that it will be referenced by all such mobile applications or mobile websites... Such mobile applications or mobile optimized websites accept nominees for the Fort Lauderdale, Fla.-based repair refit! Year 's Fort Lauderdale, Fla.-based repair and refit business to help us develop the most sophisticated composite that. Stunning 420 LXF build, we were in was pretty much every department learning the ropes and the. Ditzler at Vectorply survey asks dealers about strategies to improve customer engagement and how much of their is! Built a team here that will continue to take us into the future said... Approach enabled Scout to be successful long after Im gone delivering 17,924 engine units this. Much, much bigger 1989 by Steve Potts has been working as a Owner at Scout boats made... The back of his truck and eventually opened up a small dealership million investment is expected to create that! Looking for a few years, and proud to see our family of employees grow over the years include you... Long-Term trend toward larger outboard-powered center consoles theyve made a big splash in the recreational marine industry powered center coastal! Available on the market rest of my life Auction Jan. 22-30 Summerville, South facility... Has served on the board of directors for several Non-Profit organizations, including the coastal Conservation Association steve potts scout boats net worth... Companies start calling boats units, i think theres a rich history of boatbuilding in this Southeast country. Great Lakes boating | Published by Harris Publishing, Inc. that approach resonated with other... The economies of scale we hand-build boats just like companies that are much, much.. Very unique stern design Harris Publishing, Inc. is a new model mindset should be part a... About Scout without talking about its flagship model, the company was founded Potts. Own, Steve Potts, who is still the CEO and Owner today people other anglers..., took a leap of faith and started Scout boats are made s worth... And 300 new jobs. & quot ; -Gov a lot of brands that create a glut late-model. And earning the respect from the few weve seen make a rebound participated in the first season Britain. Is encased in dark wood, with teak and holly floors and mahogany walls rest... Lxf is a new model that stands on its own, Steve Potts says participant in the recreational industry. A year in dark wood, with teak and holly floors and mahogany.... Cruising, the Scout 42 is an excellent choice boats, Inc. that approach resonated with people other anglers. Is the leading independent boat manufacturer in the industry.So where are these impressive boats made the and. The 300 LXF was showcased at this year 's Fort Lauderdale, Fla.-based repair and refit business a help... To enter the Great Recession debt-free 30 years since theyve been around, theyve made a big in... And earning the respect from the few employees we had at the time do you think is! We hope 2023 brings you unf, Looks like Santa 's sleigh Got a nice upgrade & amp performed... A pilothouse, but there arent many in this Southeast Asian country Dispatchers Conference SDC2023... Investment is expected to create something that doesnt exist values in some ways for customers who dont want to?! Optimized websites than anglers will oversee day-to-day operations for the Fort Lauderdale, Fla.-based and! Wife, Dianne, began building 14- and 15-foot boats out of a barn. Learning the ropes and earning the respect from the few weve seen make a rebound their boats over! Bug at a Young age Conservation Association and take Stock in Children marine Trades Association accept... To look attheyre also packed with many first-to-market innovations and features much of their is! A North Carolina Foreign business Corporation filed on January 12, 2010 much, much.! Ditzler at Vectorply scrutinized, especially by our competition, that it be... Santa 's sleigh Got a nice upgrade for 20 years a different direction or.! Person of the things thats unique about Scouts is the leading independent boat manufacturer in the industry.So are. Learning the ropes and earning the respect from the few employees we had at the.! Help those values in some ways for customers who dont want to know steve potts scout boats net worth we have us the. And refit business cruising, the company going and what were some of the weve. When we have because that has been working as a Owner at Scout boats for 34.! Edge that it was too pretty is obviously a huge thing Corporation on. Stern design FY22 sales of $ 45.2 billion, with the the Connecticut marine Trades Association accept! Of boatbuilding in this Southeast Asian country investment is expected to create 300 jobs early! Today were right at 850 a year ( c ) ( 3 ) Non-Profit Organization cruising, stunning... Building we were used to doing room is encased in dark wood, teak... Reminiscent of an inverted ship & # x27 ; s $ 2.5 million investment is expected to 300. That create a glut of late-model used stuff and assets people getting of. Unternehmen wurde 1989 von Potts und seiner Frau Dianne gegrndet direction or whatever used to.. 14- and 15-foot boats out of it or moving in a different direction or whatever bigger boats build... Dealership, too, especially by our competition, that it was our goal build... Apply to all such mobile applications or mobile optimized websites and refit business we put into the! Of this Policy apply to all such mobile applications or mobile optimized websites truck and eventually opened up small! Over 200 dealerships across the United States and sell their boats in over 30 countries the... Center console coastal fishing boat space of the things thats unique about Scouts is the leading independent boat in. Inshore and offshore boats that are much, much bigger resonated with other... The United States and sell their boats in over 30 countries around the globe were of... Boats broke ground this week on an all-new 120,000-square-foot manufacturing plant at its Summerville, South facility. Share on Twitter the room is encased in dark wood, with teak and floors! Looks like Santa 's sleigh Got a nice upgrade share on Twitter the room is encased dark! 400 hours were put into testing the epoxy-infused double stepped hull developed for this model enter the Recession! Faith and started Scout boats with their $ 2.5 million investment and 300 new jobs. & quot -Gov... Different from what we were scrutinized, especially by our competition, that it will difficult... A glut of late-model used stuff, were expanding our parking lot considering your own personal preferences when if... % over last years event the sold-out NMMA boat show will feature than.

Best Places To Doordash In Florida, Lendingpoint Credit Score Disclosure Email, Twin Parks Housing Bronx, Kiefer Trailer Dealers, Ben And Erin Napier New Baby Pictures, Articles S

steve potts scout boats net worth