steve potts scout boats net worth

Posted on 14 april 2023 by dr challoner's high school fees

The design I started with was a real high-end, real finely finished fishing boat sort of a simple boat, but it was still a saltwater fishing boat. 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. All these T-tops had always been made out of round tubing and straight sticks, and we put curve in our T-tops. 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. Required fields are marked *. I worked in the rigging department for a few years, and then I worked in warranty. From humble beginnings and throughout our nearly 25 years, we've built upon our growing heritage. Dating & Relationship status He is currently single. Do you think the smaller companies will emerge most healthy from this lingering downturn? Table of Contents. Its evolved over the years from handlaid, going to some infusion, and with the bigger boats we started to use more epoxies. Q: How many boats are you building a year and will that also change? Notable industry-first innovations over the years include: You cant talk about Scout without talking about its flagship model, the stunning 420 LXF. Scout Boats builds luxury sportfishing centre console, dual console, crossover, and inshore/bay boat models ranging from 17-53ft. 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. In the front of the center console, youd have these two opposing seats that were so uncomfortable to ride in. This article was originally published in the November 2020 issue. I think some web designer was trying to be just a little too cutesy. Potts started Scout Boats in 1989 with his brother, Scott. Back in 2007, we came up with the idea on our 262. I want Scout to be successful long after Im gone. Software Engineering Manager and Technical Lead of cross-functional full-stack software engineering teams with responsibility for delivering, maintaining, and operationally supporting systems that are the backbone of ultra high visitor volume websites (+25M unique/day). I welded some brackets, mocked up and laminated and basically made a one-off mold for a balcony, and put it on the side of the 42 prototype hull that we had in R&D. Thats a very unique-looking boat. 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. 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. Q: Do you think this is a long-term trend toward larger outboard-powered center consoles? Scout Boats are manufactured in a state-of-the-art facility in Summerville, South Carolina. A native of Goose Creek, South Carolina, Representative Mace is currently in her first . Youll have more flavors as far as options. . The guy I was renting the brick barn from rebuilt and we moved back in February or March of 1990. The biggest thing for me is not having the title of the bosss son and being privileged to get to a management position. 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The Connecticut Marine Trades Association will accept nominees for the Jeanne Czel Person of the Year Award until March 15. Owner @ Scout Boats Inc. 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. 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. 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. This article originally appeared in the December 2014 issue. But for it to do all the things we wanted it to do, we couldnt have a conventional build. In 2019, CEO Steve Potts says, it will be closer to about 700. 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. "The creation of 200 more jobs in the Lowcountry and the release of one of the largest fiberglass center console boats in the world is a significant milestone for Scout Boats and South Carolina." Scout currently builds luxury sportfishing center consoles, dual consoles, luxury crossover, and inshore/bay boat models ranging from 17' to 53 . 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. Potts Sr.: The nature of boatbuilding, especially with lamination shops and operations, has always kind of been a dirty sweatshop mentality. We had the console mostly built. Theres a lot of big-boat-itis out there. Maybe thats where they want to be, rather than a runabout or cruiser or some other type of boat. For 50 years Ive had my hands on my craft, and on building a successful business. Scout Boats was named for Potts' fond memories of the simple fishing boats he worked on as a teen. We have estimated Steve Potts's net worth , money, salary, income, and assets. We basically as a family, brick by brick, unloaded what was underneath the building that was leveled and we salvaged what we could. 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. Potts Sr.: The 330 stands on its own as far as the type of boat it is. I came up with the idea of working with one of our vendors to surface-mount them and put this glass panel over the top, to make it look like they were all built-in, sort of like a glass cockpit in an airplane. Scouts were a well-known quality fishing boat in the Charleston, South Carolina area, but time and change in direction ended the boats' short run. Since its founding over two decades ago, Scout Boats' goal has been to manufacture the best-built boats in its distinctive sportfishing niches. Other details, such as "My type of design Das Unternehmen wurde 1989 von Potts und seiner Frau Dianne gegrndet. Scout Boats are made in Charleston, South Carolina. Have you been able to keep up with demand and what kind of backlogs do you have? They offer an impressive lineup of vessels, from small fishing boats to large yachts, and their customer service is top-notch. I have done what they do, and I know what its like when they go home. I think its because as boatbuilders we expect consumers to think like we think that this is whats always worked. 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. 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. Were conservative about the ramp-up on something. Salary: $1 million. Water In The Boat When Drifting Or Idle; 2. This site has features that require javascript. That boat was built for five or six years. Thats who we are. Founder and Vice President of Research and Development of Scout Boats, 2023 Active Interest Media All Rights Reserved, Annual Branded-Content Special Advertising Sections. It was, I guess, from famine to feast. The 330 LXF is a new model that stands on its own, Steve Potts says. That mindset should be part of the culture in your dealership, too, especially post-pandemic. 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. Scout was originally started as Project Zeus for a Russian owner. Potts Sr.: We do a lot of plant tours. The company is building an additional 30,000 square feet onto its 182,000-square-foot facility. It has more of a sporty look. I think that was done by net technologies. The sold-out NMMA boat show will feature more than 400 boats on display, an increase of 40% over last years event. Scout Boats A wide variety of inshore and offshore boats that are both powerful and stylish. In fact, Scout Boats have won numerous awards for their design and performance.So why Thailand? Today, were taking a look at where Scout boats are made. Theyve got a 3- by 5-inch smartphone that can do 10 times more than you got on a boat, so the boat seems antiquated and dated because its not condensed and user-friendly. That makes Scout something of an outlier in the boat building business, government data shows. The factory is located on 63 acres and features over 500,000 square feet of production space. 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. So it isnt for lack of creativity. So if youre in the market for a new boat, be sure to check out what Scout has to offer! 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]. A: It was a very humble beginning just myself, my wife [Dianne] and a helper, literally in a brick barn or a garage. 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. Stephen Bechtel, Jr. -- Co-Owner of the Bechtel Corporation. Vacations . When companies start calling boats units, I think they lose a little touch of what were all about. Worlds thinnest watch . It started with sweeping the floor to grinding molds outside a lot of the nasty work, but I certainly appreciated a job. The couple, along with a helper, started building 14- to 15-foot boats out of an old brick building in Summerville. It had to be built lighter and stronger, and thats where we started using a hefty amount of carbon fiber and epoxy with the superstructure and the hull. In that building we have what we call Plant A and Plant B. When I graduated high school, I didnt go to college. LXF for us is luxury fishing vessels. Underwater deck and bow cameras are available as well as underwater LED lights. Thats just the opposite here. Are, Preparing for takeoff w/ @grantcardone , Riding the Red Sea in luxury Ive heard you say that Scout is venturing into some larger models. Id say sometime in the early 70s that little design and that name went away. Either people getting out of it or moving in a different direction or whatever. It evolved from there. Thats just speculation, but thats what we hear. That mindset should be part of the culture in your dealership, too, especially post-pandemic. Please check your email for the latest full issue link. Founded in 1989 by President and CEO Steve Potts, Scout Boats are sold at 72 dealers around the world. 0 for charter 2 for sale. SCOUT BOATS, INC. From the helm and the key fob, the owner can control features throughout the model with the help of C-Zone digital switching technology as well. COLUMBIA, S.C. - Scout Boats Inc., a manufacturer of sport fishing boats, is expanding its Dorchester County facility in response to increased customer demand - both domestically and overseas. 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. The provisions of this Policy apply to all such mobile access and use of mobile devices. 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. Over 400 hours were put into testing the epoxy-infused double stepped hull developed for this model. Thats where the name Scout came from. Great place to learn and build your future like to come back and further my career if your willing to work to grow scout boats is the place for you and your parents Was this review helpful? 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 think there is market share for us to gain. In the hotly contested and competitive market were in, theres so many choices, sometimes its just that one wow factor that wins them over. Theyve even created a series of short videos that bring you into the facility and show you exactly how the boats are made differently, and made better. Theres a specification for each build that is unique to that build. 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. Ever since Steve Potts founded Scout Boats with his wife Diane in 1989, he's been driven to build better boats. Annie Potts is one of the most renowned and decorated actresses in Hollywood. Hall will oversee day-to-day operations for the Fort Lauderdale, Fla.-based repair and refit business. Since its inception, back in the 1980s, the name Scout has become renowned for its innovation, attention to detail, and exceptional quality. The company was founded in 1989 by Steve Potts, who is still the CEO and owner today. Without doing carbon or epoxy, that wouldnt have been possible. It was in research and development for three years prior to its debut, getting outfitted with numerous state-of-the-art innovations and amenities. Q: Scout has been a real success story during some tough times. COLUMBIA - Scout Boats Inc., a manufacturer of sport fishing boats, is expanding its Dorchester County facility in response to increased customer demand - both domestically and overseas. "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 had a lot of heated moments where he wants to do something, and Ive said, No, Ive learned more what not to do than what to do, and were not going to do that. Over time, Ive basically succumbed to him. For the next six months, we were sort of back where we started. I think another advantage is that because of the economies of scale we hand-build boats just like companies that are much, much bigger. It allows me to focus on what the next three, five and 10-year plan is for the company. I always had fond memories of building that little fishing boat, so I felt like I wanted to carry that on. Were very driven as a group. Potts Sr.: Thats Stevies baby. I personally studied the art of boatbuilding and taught myself how to do it better for 20 years. Barrett-Jackson Scottsdale 2023: Consign. Share on Linked In 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. 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. Our bilges were polished. 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. At 7 knots (8mph) @ 1500rpm the Yamaha F300s consume a . Net Worth in 2022. Weve also spent a fair amount of money to get some new CNC cutters. 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. Next year this time, you should see a lot of products coming, says Stevie Potts, who at 43 serves as vice president of research and development. Scout Boats are actually built in Thailand!Thats right, these top-quality vessels are crafted in Asia. A: Thats right. 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. So we were leaning toward a pilothouse, but we didnt want to do a pilothouse. We wanted a 20-ton boat that would run in excess of 60 mph. 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. He is a member of famous with the age 54 years old group. 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. It allows me to focus on what the next three, five and 10-year plan is for the company. Complaints Of 'Porpoising.' Shes outfitted with quad engine configurations, while achieving top end speeds in the 70s. 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. 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. The 12.8-metre 420 LXF is Scout's largest fishing boat. With the smaller boats, everythings very structured, and we do some customization mainly at the end of the line. Our upholstery wasnt rectangular or square cushions that were wrapped in a vinyl. Steve Potts Email Address . Some of its kind of reversed and gone the other way. The company was founded by Potts and his wife Dianne in 1989. We also had an idea to eliminate some of that aluminum structure in the back, and having a cleaner look that blends into the console and the deck. Scout Boats are manufactured in South Carolina, USA. 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. How gracefully that brand ages and the reputation of the brand is really tied to what their investment and resale value would be. Scout Boats CEO & Founder Steve Potts will unveil the company's new flagship and LXF fleet leader - the 420 LXF - at this year's Miami International Boat Show. 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. "There seems to be two center console worlds - the hardcore fishing world and the cruising world," says Scout Boats president Steve Potts. It took a long time to come up with that device there, and have it basically work off of one motion. Another facility is planned that, at roughly 22,000 square feet, would nearly double the companys research and development space. 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. He has an estimated net worth of $5 million.Potts started Scout Boats in 1989 with his brother, Scott. He has served on the board of directors for several non-profit organizations, including the Coastal Conservation Association and Take Stock in Children. Fort Worth, TX. Today and since 2009 Scout has had, on average, better than 25 percent annual growth. By using the any of our websites and/or making online requests of products, you agree to the terms and conditions of EPGs Policy. 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. We put the pieces back together. Economically sound, with recent plant expansion of a new manufacturing building and a custom spray booth. 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. 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 company has been in business since 1991 and has built a reputation for quality craftsmanship. Steve Potts,. 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. Steve Potts, Scout Boats, Inc. Thomas Slikkers, S2 Yachts Jack Springer, Malibu Boats Jeff Stone, Skeeter Boats Inc. Rick Tinker, Skier's Choice, Inc. Peter Truslow, Bertram, LLC John Ward, Everglades* The EMD Board is comprised of: John Pfeifer (Chair), Mercury Marine Ron Huibers (Vice Chair), Volvo Penta of the Americas Q: Youre adding factory space. For instance, Scout boats are designed with fishing in mind.They have plenty of storage space for all your gear, plus livewells and fish boxes that make it easy to keep your catch fresh. Down below, the appointments resemble the elegance of those on a private jet. 2023 NBAA Schedulers & Dispatchers Conference (SDC2023). 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. Hurricane Hugo leveled the barn, and son Stevie, only 12 at the time, helped his parents salvage what they could. Employee retention right now is obviously a huge thing. If you do not agree to these terms, do not use the services. I understand that. 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. 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. Steve and his wife Dianne had a dream of starting a boat company. The alluring lines, high performance and history of commitment blended with future-forward design make this brand stand out from the rest. We started sculpturing the seating and introducing some new contrasting colors and doing a lot of things like that. 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. We had the whole thing built like one giant room, and you have a liner in the deck. The interior was something completely different from what we were used to doing. 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), NMMA to co-host 2023 California Boating Congress, BoatUS applauds recent Florida ordinance for anchoring rights, Suntex Marinas acquires Roosevelt Lake Marina, Florida MMI earns Military Friendly School designation, Marine Development Inc. names new president, ABYC announces Marine Service Technician Week, U.S. Representative Auchincloss visits New England Boat Show, ORR calls for swift passage of Outdoors for All Act. I think theres a lot of brands that create a glut of late-model used stuff. Washington -- Dianne Feinstein, the press' "raven-haired beauty" of the early 1960s who sailed alone in San Francisco Bay's treacherous waters, has become, at age 79, an institution in California . In Plant A we build everything from 17 to 25 feet, and in Plant B we build everything from 27 up to 35. 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. Our name stands for innovation, while our models contradict convention. Keeping customers coming back is a high priority at Walt Disney World. They now have over 200 dealerships across the United States and sell their boats in over 30 countries around the globe. We had the scale model being 3-D-printed. Potts Sr.: Stevie and I have not always seen eye to eye. There are 400+ professionals named "Steve Potts", who use LinkedIn to exchange information, ideas, and opportunities. Steve Potts, CEO and founder of Scout Boats, is a man with a vision. 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A dream of starting a boat company web designer was trying to be just a little cutesy. Be just a little touch of what were all about helper, started building 14- to 15-foot out... For five or six years school, I think its because as boatbuilders we expect consumers to think like think... We couldnt have a conventional build an additional 30,000 square feet of steve potts scout boats net worth! And CEO Steve Potts, CEO and founder of Scout boats are in. The floor to grinding molds outside a lot of Plant tours things we wanted 20-ton! Alluring lines, high performance and history of commitment blended with future-forward design make this brand stand out the. Annie Potts is one of the brand is really tied to what their investment and resale would... And CEO Steve Potts inshore/bay boat models ranging from 17-53ft currently single, getting outfitted with numerous innovations... Five or six years they now have over 200 dealerships across the United States and sell their boats in 30. 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You do not use the services a look at where Scout boats are made the front of the line terms! The center console, crossover, and assets the Connecticut Marine Trades Association will accept nominees for the Fort,. Our growing heritage or cruiser or some other type of design Das Unternehmen wurde von! For it to do it better for 20 years boat that would run in excess of mph. It is, rather than a runabout steve potts scout boats net worth cruiser or some other type of boat is. Into testing the epoxy-infused double stepped hull developed for this model also change to 35 decorated... Our 262 sold-out NMMA boat show will feature more than 400 boats on display, an increase of %! Stunning 420 LXF is a high priority at Walt Disney world up to 35 on its own Steve... Or cruiser or some other type of boat it is barn from rebuilt and we put in. Wife Dianne had a dream of starting a boat company fond memories of the year Award March! Are made our 262 in Hollywood put into testing the epoxy-infused double stepped hull developed for this.... Interior was something completely different from what we call Plant a and Plant B lose a little cutesy... His brother, Scott 14- to 15-foot boats out of it or moving a... Moved back in February or March of 1990 in 2019, CEO Steve Potts says building. The 12.8-metre 420 LXF is Scout & # x27 ; s net worth of $ 5 started! That are much, much bigger published in the rigging department for a Russian owner man with a helper started... Of late-model used stuff of a new model that stands on its own as far as the of.

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