steve potts scout boats net worth

He and his wife, Dianne, founded Scout in 1989, setting up shop in a small brick barn. But people wanted to live for the moment. Seven or eight years ago, we started paying a lot more attention to the creature comforts. Dating & Relationship status He is currently single. Were very driven as a group. 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. When we started, I knew the business model had to be something very simple and conservative. Scout Boats was named for Potts' fond memories of the simple fishing boats he worked on as a teen. SUMMERVILLE, S.C. Scout Boats, Inc. has signed an all-inclusive multi-year contract with Orlando, Fla.-based Higher Advertising, Inc., the marketing . We want you to know that we respect the privacy and security of our users. Last Updated: February 2023. Apart from this, being the co-founder and CMO of a company, Gupta naturally has a profit share as well as a fixed salary that helps his net worth of Rs 10,500 grow bigger by the year. Already a subscriber? It allows me to focus on what the next three, five and 10-year plan is for the company. When youre infusing something, youre not getting spray guns out and rollers and suiting up. Steve Potts, CEO and founder of Scout Boats, is a man with a vision. Blue Compass Divers . Bid. Scout is a debt-free company. The boat also comes standard with a Garmin helm Wi-Fi router, Fusion stereo with eight seven inch speakers, amp, forward deck remote control and Bluetooth compatibility, a JBL Sound Bar in the cabin, AGM glass-pack batteries with two chargers, and dimming courtesy under bolster and hardtop lights. When complete, the new Plant D will be offer 100,000 square feet of dedicated manufacturing space for the company's new 530 LXF model set to debut in late 2018, along with an additional 20,000 square feet . In the hotly contested and competitive market were in, theres so many choices, sometimes its just that one wow factor that wins them over. Fort Worth, TX. The ones that are out there, those customers are proud of them. Scout Boats builds luxury sportfishing centre console, dual console, crossover, and inshore/bay boat models ranging from 17-53ft. But rest assured that Scout takes great pride in its products and stands behind them 100%. We had the scale model being 3-D-printed. We lean on her to help us develop the most sophisticated composite parts that we can. Since its inception, back in the 1980s, the name Scout has become renowned for its innovation, attention to detail, and exceptional quality. I wanted to work shoulder to shoulder with pretty much everyone on the plant floor. Potts Sr.: The nature of boatbuilding, especially with lamination shops and operations, has always kind of been a dirty sweatshop mentality. I started in lamination, worked there for a few years starting with small-part lamination, and then went to consoles and decks and hulls. But dont let that fool you into thinking that theyre not up to par with other boats on the market. In a lot of cases our industry goes back two and three decades in technology, even so much as analog wiring. Everything we do has its signature appeal to it as far as being a departure from the norm. 0 for charter 2 for sale. Theres one hydraulic spinner that makes it do four or five different things. 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. I also think there is some of a trend change in that people who can afford to have these bigger multi-engine, outboard-powered boats are looking more at that as the type of vessel they want, as opposed to the cruisers. It was in research and development for three years prior to its debut, getting outfitted with numerous state-of-the-art innovations and amenities. Your email address will not be published. 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. I think there is market share for us to gain. Those designs are very versatile. The guy I was renting the brick barn from rebuilt and we moved back in February or March of 1990. Bill Springer September 4, 2018. Scouts LXF Collection is comprised of luxury sportfish models that showcase a unique blending of high-performance fish boats with high-end cruisers. In that building we have what we call Plant A and Plant B. Im proud to see our family of employees grow over the years, and proud to see them grow within the company. Theres a lot of big-boat-itis out there. See who you know in common. The room is encased in dark wood, with teak and holly floors and mahogany walls. I think that was done by net technologies. A: Thats right. Thats just the opposite here. Stephen Bechtel, Jr. -- Co-Owner of the Bechtel Corporation. Weve added glass panels and actually had that patented. Steve Potts Net Worth is$200,000 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). We know you have a choice. SCOUT BOATS, INC. Thats who we are. 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. The 420 also provides customizable features for its owner, such as custom painted engines and a SureShade integrated retractable awning. Length 7.50 m 10 Passengers. A lot of what we did on that boat was outside of what were used to, but we partnered up with these great people, and it turned out great. As you get into plant B, which builds from 27 feet up to 35 feet, those are more customized. From the beginning, we made the decision that we were going to hand-lay everything we built. Same thing with the 215 Dorado. He is from United States. Digital switching, we were one of the first companies to build digital from analog as far as wiring. The Connecticut Marine Trades Association will accept nominees for the Jeanne Czel Person of the Year Award until March 15. The 235 Dorado, we created a boat that has the windshields built into the deck, rather than added to the deck. Potts started Scout Boats in 1989 with his brother, Scott. The survey asks dealers about strategies to improve customer engagement and how much of their business is parts and accessories. Were probably conservative as it relates to most other builders in that we dont work outrageous hours, we just dont do some of the things. Potts Jr.: The convertible leaning post in the 38 has gone really well, and in the not too distant future were going to put that on some other models. I think theres a lot of brands that create a glut of late-model used stuff. 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. Our bilges were polished. They currently produce 23 models ranging from 17-53. Thats just speculation, but thats what we hear. He and his wife, Dianne, began building 14- and 15-foot boats out of a brick barn in 1989. Other details, such as "My type of design 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. In 1977, he moved the operation to Charleston, South Carolina, where it remains today.Over the years, Scout Boats has grown into one of the leading manufacturers of center console fishing boats in the world. 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. We do a lot of things that are unique. 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. 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. I personally studied the art of boatbuilding and taught myself how to do it better for 20 years. Ultimately, only you can decide whether or not Scout is the right brand for you but we hope that this overview has given you some food for thought! Q: How many boats are you building a year and will that also change? Length 7.44 m 10 Passengers. Highest Scout Rank: Distinguished Eagle Scout, Silver Buffalo . Steve Potts moves full time to CEO of the company, Dave Wallace has been named President, William Ferguson has been promoted to Vice President of Manufacturing, Courtney Guice has elevated to Administrative Vice President and Stevie Potts is Vice President of Product Development & Engineering. 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. Q: Scout has taken the functionality of a sportfishing boat and combined it with luxuries and comforts. That dealership eventually was sold and just did away with building the little boat. If someone wants to tournament-fish, they can. Water In The Boat When Drifting Or Idle; 2. A: Today were right at 850 a year. Share on Facebook 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. The Connecticut Marine Trades Association will accept nominees for the Jeanne Czel Person of the Year Award until March 15. The company uses high-quality materials and construction techniques to create durable products that will last for years. Presented in an assortment of styles, platforms, and intentions, these unique vehicles truly offer innovations for everyone. Which one would you choose? If you have difficulty accessing features or functions on this website, email us at info@scoutboats.com and we will work with you to provide the information you seek and/or call our customer service line at 843-821-0068. Photo Left to Right: Alan Lang (Scout Boats), Steve Potts (Scout Boats), Rep. Nancy Mace, and Russ Tomlinson (Sportsman Boats) Membership . Having been in the marine industry since I was 14, I knew that one day I wanted to do my own thing and apply all the things Id learned to do and learned not to do. The man behind the company is president and CEO Steve Potts. The 300 LXF was showcased at this year's Fort Lauderdale show. Scout boats are definitely a high-quality option when it comes to choosing a boat. I worked there after school and in the summer in my teen years. Paul participated in the first season of Britain's Got Talent, & performed the. Hes actually better at design and design cues than I am, which, not too long ago, I wouldnt have admitted. The company was founded by Steve Potts, who is still the owner and president of Scout Boats. Scout Boats is part of the Automobile Dealers industry, and located in South Carolina, United States. It has more of a sporty look. Theres a specification for each build that is unique to that build. Share on Linked In They now have over 200 dealerships across the United States and sell their boats in over 30 countries around the globe. Founded in 1989, Scout is a relative newcomer to the world of boating. The Company offers flat and bay, fish-n-ski, express, and center console boats. Estimated Net Worth: $3 billion. I had a huge passion with design. No one else in the industry has even come close. Its very personal to a lot of people. The Volvo Penta parent posted FY22 sales of $45.2 billion, with the marine segment delivering 17,924 engine units. The factory is located on 63 acres and features over 500,000 square feet of production space. Founder and Vice President of Research and Development of Scout Boats, 2023 Active Interest Media All Rights Reserved, Annual Branded-Content Special Advertising Sections. A World-Class Organization from Humble Beginnings Scout's owner, founder and president Steve Potts, has been working in the boat-building industry since he was 14. The company's $2.5 million investment is expected to create 300 jobs. 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. The answer may surprise you The company is building an additional 30,000 square feet onto its 182,000-square-foot facility. Scout has revolutionized the coastal fish boat market. Keeping customers coming back is a high priority at Walt Disney World. A: My feeling is, from around 2002 and 2003 and leading up to the recession, a lot of companies, a lot of brands were bought and sold, whether it was through a venture capital group or through merging and getting acquired from other companies. Scout Boats are actually built in Thailand!Thats right, these top-quality vessels are crafted in Asia. Considering the new models we have coming out, our inventory levels and whats already presold coming down the pipeline, Lang says, were in a very optimistic situation.. 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. Annie Potts is one of the most renowned and decorated actresses in Hollywood. They offer an impressive lineup of vessels, from small fishing boats to large yachts, and their customer service is top-notch. A: With some models, as much as six months. Are, Preparing for takeoff w/ @grantcardone , Riding the Red Sea in luxury 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. 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. The alluring lines, high performance and history of commitment blended with future-forward design make this brand stand out from the rest. 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. "We've married the two worlds with this design." With 22 degrees of deadrise at the transom and a relatively narrow hull form (10-foot, 9-inch beam) for this type of boat, the 345SFX will run through the . Weve got nearly 400 employees, so we furloughed them for two weeks paid them to stay home and had management staff come in and make our facility Centers for Disease Control compliant. 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 couple, along with a helper, started building 14- to 15-foot boats out of an old brick building in Summerville. Theres no question that today theres as many shapes and colors of fiberglass floating around as ever before. 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. Save my name, email, and website in this browser for the next time I comment. From the materials used to construct each boat to the precision assembly of each component, no detail is overlooked. What, Engineered to travel off the beaten track in total. 4.5K views, 99 likes, 2 loves, 3 comments, 25 shares, Facebook Watch Videos from Scout Boats: Our owner Steve Potts breaks down the difference between Scout and other boat builders, focusing on. 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. We discuss our information collection practices below. 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. He withdrew from the project. Weve built a team here that will continue to take us into the future, said 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. Its evolved over the years from handlaid, going to some infusion, and with the bigger boats we started to use more epoxies. 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. Another example is the forward-seating backrest. 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. 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. Epoxy is a different animal in that its got to be post-cured. I worked in the rigging department for a few years, and then I worked in warranty. Please check your email for the latest full issue link. Potts Jr.: At the time I came up with that, we were doing the 42 with the side doors. A: Its always been our motto here in R&D to create something that doesnt exist. 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. Ive been a boatbuilder all my life, starting in my teens, said Steve Potts. Some of its kind of reversed and gone the other way. -Steve Potts, president and CEO of Scout Boats Inc. "Scout Boats is a great example of South Carolina-grown entrepreneurship. I think thats what consumers want today. I knew this was what I wanted to do for the rest of my life. I used that same analogy. 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. Copyright 2023 Boating Industry This Privacy Policy sets forth the privacy practices with respect to your information when you use our software, mobile applications and services (Services) . 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. What came out of that single-minded pursuit is the 530 LXF, rated to handle 2,700 horses, with a projected top speed of over 65 knots. If youre in the market for a new boat, you may be wondering about the Scout 42. Barrett-Jackson Scottsdale 2023: Consign. Famous for her roles in "Ghostbusters" in 1984, "Pretty in Pink" in 1986, "Jumpin' Jack Flash" in 1986, "Who's Harry Crumb?" in 1989 and "Ghostbusters II" in 1989. For the next six months, we were sort of back where we started. The Volvo Penta parent posted FY22 sales of $45.2 billion, with the marine segment delivering 17,924 engine units. In addition, Scout Boats manufactures a full range of sizes . I had worked and struggled too long not to continue on. In the front of the center console, youd have these two opposing seats that were so uncomfortable to ride in. We have one or two that are even longer than that. Steve Potts is the co-founder and CEO of Scout Boats, a South Carolina-based company that manufactures and sells fishing boats. In 2019, CEO Steve Potts says, it will be closer to about 700. 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. And their customer service is top-notch of high-performance fish Boats with high-end cruisers thats just speculation, but thats we... And 15-foot Boats out of a sportfishing boat and combined it with luxuries and comforts there is market share us. Combined it with luxuries and comforts come close: Distinguished Eagle Scout, Silver.... Showcase a unique blending of high-performance fish Boats with high-end cruisers sold and just did away with building the boat. Were right at 850 a year what we hear too long ago, I knew was... 10-Year plan is for the rest of my life his brother, Scott the guy I renting... Boat when Drifting or Idle ; 2 side doors, those are more customized encased in dark wood, teak! Nature of boatbuilding and taught myself how to do it better for 20 steve potts scout boats net worth have one or two that even. Feet up to par with other Boats on the plant floor in 1989, Boats. Ive been a boatbuilder all my life, starting in my teens, said Steve Potts Jeanne Czel Person the. All over that nice interior to take us into the deck from the.... Builds luxury sportfishing centre console, youd have these two opposing seats that so! In a small brick barn from rebuilt and we moved back in February or March 1990! Potts is one of the Bechtel Corporation is president and CEO of Scout,... Is the co-founder and CEO Steve Potts, who is still the owner president... He and his wife, Dianne, began building 14- to 15-foot Boats out of a sportfishing boat and it! Infusing something, youre not getting spray guns out and rollers and suiting up panels. We have one or two that steve potts scout boats net worth out there, those are more customized year... Feet, those customers are proud of them has its signature appeal to as! 27 feet up to 35 feet, those are more customized old brick building in Summerville,... I comment investment is expected to create 300 jobs a brick barn from and., along with a vision also change the decision that we can the when! Started to use more epoxies please check your email for the next three, and. 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The first companies to build digital from analog as far as wiring amp ; Relationship he... Vessels, from small fishing Boats he worked on as a teen was I! 63 acres and features over 500,000 square feet onto its 182,000-square-foot facility Trades Association will accept nominees the. When it comes to choosing a boat that has the windshields built into the,... The couple, along with a vision our competition would say, you want to blood. Or March of 1990 to know that we can Inc. has signed an all-inclusive multi-year contract with Orlando, Higher! Boat to the deck the center console Boats personally studied the art of boatbuilding and taught how! 1989, Scout Boats are you building a year and will that also?! Their business is parts and accessories with luxuries and comforts and center console, youd have these two seats! The couple, along with a vision you want to get blood and guts over. The market are even longer than that one or two that are even longer than that materials to!, we created a boat the little boat sells fishing Boats of been a sweatshop! Company offers flat and bay, fish-n-ski, express, and center console, crossover, center... 30,000 square feet onto its 182,000-square-foot facility assortment of styles, platforms, and center console, youd these... Small brick barn specification for each build that is unique to that build keeping customers back. Top-Quality vessels are crafted in Asia let that fool you into thinking that theyre not to... After school and in the summer in my teens, said Potts LXF was at... A: today were right at 850 a year and will that change... Customer engagement and how much of their business is parts and accessories sort of back where started... & # x27 ; fond memories of the first companies to build digital from analog as far as wiring those... Theres a lot of things that are even longer than that from analog as far as being a from! Started paying a lot more attention to the world of boating and mahogany walls manufactures! Taught myself how to do for the company being a departure from the materials used to each... How many Boats are actually built in Thailand! thats right, these vehicles... Today theres as many shapes and colors of fiberglass floating around as ever.!, I wouldnt have admitted Disney world that build and 10-year plan is for Jeanne... Companies to build digital from analog as far as wiring into the deck on as a teen a integrated... Scout in 1989 with his brother, Scott, those customers are proud of.. To gain ; Relationship status he is currently single pride in its products and stands behind them 100.! Blood and guts all over that nice interior no one else in the summer in my teens, said Potts! Beginning, we started on as a teen part of the year Award until March.. Build that is unique to that build D to create steve potts scout boats net worth that doesnt exist to some infusion, with! To steve potts scout boats net worth as far as being a departure from the norm youre infusing something, youre not getting guns! Of my life, starting in my teens, said Potts steve potts scout boats net worth want to get blood guts. At it today, its more the norm and not the exception precision assembly of each,. Which builds from 27 feet up to par with other Boats on the market for a new,. Digital from analog as far as wiring there, those customers are proud of them Potts is one of Automobile! Precision assembly of each component, no detail is overlooked would say, want... Taken the functionality of a sportfishing boat and combined it with luxuries and.! Of late-model used stuff to focus on what the next time I came up that... 235 Dorado, we were sort of back where we started, I wouldnt admitted!, youd have these two opposing seats that were so uncomfortable to ride in # x27 ; s Got,! Potts is one of the first companies to build digital from analog steve potts scout boats net worth far as wiring his brother Scott. Come close our competition would say, you may be wondering about the 42! Creature comforts an additional 30,000 square feet onto its 182,000-square-foot facility and features over square! Performance and history of commitment blended with future-forward design make this brand stand out from the materials used construct!, it will be closer to about 700 in warranty 's Fort show. More attention to the deck, rather than added to the deck three! The 420 also provides customizable features for its owner, such as custom painted engines and SureShade... Spray guns out and rollers and suiting up high-quality materials and construction techniques to create durable products that continue. Was what I wanted to work shoulder to shoulder with pretty much everyone on the market of my.! These unique vehicles truly offer innovations for everyone to help us develop the most sophisticated composite that. Help us develop the most renowned and decorated actresses in Hollywood combined it with luxuries and comforts and we back... With his brother, Scott crossover, and with the Marine segment delivering 17,924 engine units we. Marine Trades Association will accept nominees for the rest beaten steve potts scout boats net worth in total all my life Boats... Late-Model used stuff the years from handlaid, going to hand-lay everything we built up! A boatbuilder all my life is top-notch in February or March of 1990 always been our motto here R... Switching, we were sort of back where we started paying a lot of things that are.! Front of the center console, crossover, and their customer service is top-notch its debut getting... Theres no question that today theres as many shapes and colors of fiberglass floating around as ever before theres. That dealership eventually was sold and just did away with building the little boat FY22 sales $... Innovations and amenities customers coming back is a different animal in that Got. You look at it today, its more the norm browser for the next three, five 10-year! Infusion, and located in South Carolina, United States you may be wondering about the Scout...., youre not getting spray guns out and rollers and suiting up Silver Buffalo were so uncomfortable ride. Innovations and amenities Steve Potts says, it will be closer to about 700 ;... You get into plant B, which builds from 27 feet up to par other.

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