steve potts scout boats net worth

Its evolved over the years from handlaid, going to some infusion, and with the bigger boats we started to use more epoxies. We had the console mostly built. Weve also spent a fair amount of money to get some new CNC cutters. 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. Complaints Of 'Porpoising.' Down below, the appointments resemble the elegance of those on a private jet. The South Carolina native and father of three says he has always taken a conservative approach to business. Q: Youre adding factory space. I personally studied the art of boatbuilding and taught myself how to do it better for 20 years. LXF for us is luxury fishing vessels. Hall will oversee day-to-day operations for the Fort Lauderdale, Fla.-based repair and refit business. The factory is located on 63 acres and features over 500,000 square feet of production space. Economically sound, with recent plant expansion of a new manufacturing building and a custom spray booth. Its a neater, cleaner operation. 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. In 2021, the company began exploring beyond their typical range with the . By using the any of our websites and/or making online requests of products, you agree to the terms and conditions of EPGs Policy. Maybe thats where they want to be, rather than a runabout or cruiser or some other type of boat. Founder and Vice President of Research and Development of Scout Boats, 2023 Active Interest Media All Rights Reserved, Annual Branded-Content Special Advertising Sections. 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. 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 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. During that two-year period our competitors hardly came out with anything. Stephen Bechtel, Jr. -- Co-Owner of the Bechtel Corporation. 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. 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. Some have gotten out of the real big boats and gone to something simpler, which is a big center console versus a great big cruiser or inboard-powered boat. Certainly more labor-intense and more expensive, but there was better quality control as far as the consistency in the builds, part after part. Scout Boats is part of the Automobile Dealers industry, and located in South Carolina, United States. This article originally appeared in the December 2014 issue. I think there is market share for us to gain. The South Carolina native and father of three says he has always taken a conservative approach to business. I knew this was what I wanted to do for the rest of my life. 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. The boat is powered by Yamahas reliable outboard engines, and it comes complete with all the necessary safety equipment. Water In The Boat When Drifting Or Idle; 2. 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. There are very few disadvantages that you see with the big stay-in-the-water-type boats. The SeaQuest, a 164-foot luxury yacht, registered under a . 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 basically as a family, brick by brick, unloaded what was underneath the building that was leveled and we salvaged what we could. We developed lots of bigger models that were unique in styling and performance. Owner @ Scout Boats Inc. How did you get the company going and what were some of the early hurdles? I used that same analogy. We have one or two that are even longer than that. Thats not to say the economics of running a business are exactly the same, whether its a company that does billions of dollars or millions of dollars. I didnt know any way to go about it other than the old-fashioned way, which was to do side jobs, work and put as much money away as I possibly could. Scout Boats, Inc. manufactures, markets, and designs fishing and family fun boats. Its what we like. Access for service to the main systems on the 420 is made easy with the help of a midship systems room and a stern accessible room. A: 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. No one else in the industry has even come close. Photo Left to Right: Alan Lang (Scout Boats), Steve Potts (Scout Boats), Rep. Nancy Mace, and Russ Tomlinson (Sportsman Boats) Membership . That boat was built for five or six years. Yes No Report Share 5.0 Excelente Finisher (Former Employee) - Summerville, SC - July 19, 2021 Share on Facebook They currently produce 23 models ranging from 17-53. Finally, its worth considering your own personal preferences when deciding if Scout is the right brand for you. Scout Boats are manufactured in a state-of-the-art facility in Summerville, South Carolina. One of the things thats unique about Scouts is the fit and finish. 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. Potts Jr.: A lot of things we did on that boat came from listening to customers, and some of the things they like or dont like about their boats. Hall will oversee day-to-day operations for the Fort Lauderdale, Fla.-based repair and refit business. It has more of a sporty look. Then I just sort of fell into R&D working with my dad and one other guy sanding plugs. 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. 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. I think its because as boatbuilders we expect consumers to think like we think that this is whats always worked. When we got to it a couple of days after and saw what was left of what Id worked for for so long, my emotions were really anger and determination. Ive been a boatbuilder all my life, starting in my teens, said Steve Potts. Early Scout models were built of hand-laid fiberglass. It started with sweeping the floor to grinding molds outside a lot of the nasty work, but I certainly appreciated a job. We had aggressively grown double digits every year. My goal was that when employees came to work after that two weeks, that they went home and told their loved ones that its a safe place to work. If you prefer gear that looks stylish and modern, then Scout might not be the best choice as their designs are fairly traditional.However, if you value function over form then Scouts products could be exactly what youre looking for. 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 420 LXF is the sixth model in this category to date, headlining the 255, 275, 300, 320 and 350 LXF models. Save my name, email, and website in this browser for the next time I comment. Q: Scout has been a real success story during some tough times. We lean on her to help us develop the most sophisticated composite parts that we can. Salary: $1 million. 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? Scout Boats 255 LXF. We want you to know that we respect the privacy and security of our users. The 420 rivals even some of the larger luxury sportfishing machines with its appointments, technology and attention to detail. I understand that. 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. Your engineering support and your quality control and quality assurance programs it isnt something you can take a simple-minded culture of building small center consoles and say, OK, were going to build these big boats. The systems and the features that you offer in them we know this because weve gone through this evolution its a complete commitment by a builder to get into that type of a build. AT THE HELM From our 17' series to our 530 flagship, from our center consoles to dual consoles, from the luxury offshore sportfishers to the inshore/offshore bay boats every model has the boatbuilding stamp of CEO and founder Steve Potts. Epoxy-infusion provides more stability in the hull while reducing the overall weight in the boat, countering the long term industry belief that a larger boat has to be heavy to perform. Are, Preparing for takeoff w/ @grantcardone , Riding the Red Sea in luxury 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. Im proud to see our family of employees grow over the years, and proud to see them grow within the company. Scout Boats, Inc.has made a number of personnel changes at its South Carolina-based headquarters. A: Its always been our motto here in R&D to create something that doesnt exist. It was certainly a challenge, but once we got it figured out and on the boat, it was a huge hit, and we started putting it on other models. We also got details about the expansion Scout is undergoing to begin production of its largest boats ever a 38-footer and a 42-footer. Steve Potts (center) works with the design team, including Stevie (seated, right of his dad). Net Worth in 2022. Everything we put into them has really paid off. The challenge is to make it look clean when its down and when its up. The answer may surprise you Worlds thinnest watch . I was really trying to earn money to buy a car. Annie Potts is one of the most renowned and decorated actresses in Hollywood. The longstanding Summerville, SC boatbuilder has been an industry staple since their arrival in 1988, and in recent years have been systematically increasing in size -- both in terms of boat lengths and their production capability -- particularly within their luxury yacht offering. 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. The people here, including my family and extended family, were very close. The company uses high-quality materials and construction techniques to create durable products that will last for years. So if youre in the market for a new boat, be sure to check out what Scout has to offer! We discuss our information collection practices below. I think another advantage is that because of the economies of scale we hand-build boats just like companies that are much, much bigger. When we started, I knew the business model had to be something very simple and conservative. 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. I always had fond memories of building that little fishing boat, so I felt like I wanted to carry that on. He withdrew from the project. Steve Potts is the co-founder and CEO of Scout Boats, a South Carolina-based company that manufactures and sells fishing boats. This Policy will be referenced by all such mobile applications or mobile optimized websites. For 50 years Ive had my hands on my craft, and on building a successful business. So we were leaning toward a pilothouse, but we didnt want to do a pilothouse. Has that given companies like yours an edge that it will be difficult for others to catch up with? 0 for charter 2 for sale. Length 7.44 m 10 Passengers. Logistically, its been a challenge to make our facilities a safe place to work. Vacations . In 1989, Potts and his wife, Dianne, took a leap of faith and started Scout Boats with their $50,000 savings. In the front of the center console, youd have these two opposing seats that were so uncomfortable to ride in. Theres a specification for each build that is unique to that build. Potts Sr.: That goes along with what I call the wow factor. Digital switching, we were one of the first companies to build digital from analog as far as wiring. What else is helping the popularity of these boats? Shes got a doctorate degree in composites. The alluring lines, high performance and history of commitment blended with future-forward design make this brand stand out from the rest. A $40 million yacht belonging to Secretary of Education Betsy DeVos was untied from its mooring at a Lake Huron marina, police said. He and his wife, Dianne, began building 14- and 15-foot boats out of a brick barn in 1989. We had the scale model being 3-D-printed. He has an estimated net worth of $5 million. I have done what they do, and I know what its like when they go home. The reason we have segregated those two boats we have separate stockrooms, separate management, separate offices, separate everything is because the methodology in building the small boats versus the large boats is different. 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.. 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. Salary in 2022. 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 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. Those designs are very versatile. Another facility is planned that, at roughly 22,000 square feet, would nearly double the companys research and development space. Get introduced. It was something better than that. The 277 LXF follows suit. Do you think thats part of a larger trend? When was Scout Boats founded? A: I think that people are going to gravitate to things that look nice at boat shows, but I also think our boats, by design, tend to age more gracefully. Were very proud of the fact that there are people out there trying to find a used Scout, and there are not many out there. 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. From humble beginnings and throughout our nearly 25 years, we've built upon our growing heritage. 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. That helps us with the brand image that we have. I personally studied the art of boatbuilding and taught myself how to do it better for 20 years. I think brands and companies have come and gone [due to] the lack of having a succession plan. 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. The company was founded by Potts and his wife Dianne in 1989. It will be interesting to see what happens. Thats a very unique-looking boat. Potts Jr.: I started at Scout in high school, after school and during summers or spring break. As a boatbuilder, theres a difference. About Scout Boats: Scout builds sportfishing, fish 'n ski, walk around, flats and bay boat models ranging from 15' to 35'. 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. The company is building an additional 30,000 square feet onto its 182,000-square-foot facility. They currently produce 23 models ranging from 17-53. 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. Whether youre looking for a weekend getaway or extended cruising, the Scout 42 is an excellent choice. 501(c)(3) Non-Profit Organization . Along with Steve's 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. The survey asks dealers about strategies to improve customer engagement and how much of their business is parts and accessories. We hope 2023 brings you unf, Looks like Santa's sleigh got a nice upgrade. We meet every month. Overhead, a bar-rel vaulted ceiling paneled with tongue-and-groove wood planks is reminiscent of an inverted ship's hull. Scout Boats broke ground this week on an all-new 120,000-square-foot manufacturing plant at its Summerville, South Carolina facility. The sold-out NMMA boat show will feature more than 400 boats on display, an increase of 40% over last years event. In the hotly contested and competitive market were in, theres so many choices, sometimes its just that one wow factor that wins them over. I went through pretty much every department learning the ropes and earning the respect from the few employees we had at the time. Special attention was given to the interior design of the 330 Dorado. Today, were taking a look at where Scout boats are made. Underwater deck and bow cameras are available as well as underwater LED lights. Are you expanding your current footprint or adding buildings? 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. Scout boats are definitely a high-quality option when it comes to choosing a boat. 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). 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. A: I think thats true. Q: With all Scouts growth, how has production changed? Structural Info Filmography Profession Actor, Composer, Soundtrack Actor Composer Soundtrack Self Known for movies He and his wife, Dianne, began building 14- and 15-foot boats out of a brick barn in 1989. Earlier this week, NMMA members Scout Boats and Sportsman Boats welcomed Representative Nancy Mace (R-SC-01) to an on-water showcase of their respective products made in Summerville, South Carolina. The 330 LXF is a new model that stands on its own, Steve Potts says. (Three Garmin 8215 15 screens come standard.) Steve Potts Scout Boats Net Worth: $5 Million In addition, Scout Boats manufactures a full range of sizes . I think some web designer was trying to be just a little too cutesy. I had worked and struggled too long not to continue on. 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. We have a lot of customers who would have a deposit or production slot slated for them, and would come to factory, especially plant D, to see other boats in production and get some ideas on what they wanted to have. 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 Sr.: The nature of boatbuilding, especially with lamination shops and operations, has always kind of been a dirty sweatshop mentality. The 420 also provides customizable features for its owner, such as custom painted engines and a SureShade integrated retractable awning. But rest assured that Scout takes great pride in its products and stands behind them 100%. 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Scout Boats was named for Potts' fond memories of the simple fishing boats he worked on as a teen. We highly recommend giving them a call if youre in the market for a new boat you wont be disappointed! Nice upgrade models that were unique in styling and performance were taking a at! His dad ) continue on long not to continue on steve potts scout boats net worth in the boat is powered by reliable. Throughout our nearly 25 years, and website in this browser for the rest the of. We put into them has really paid off save my name, email, and i know what its when. During some tough times the Scout 42 is an excellent choice of bigger models that were unique in styling performance! Some tough times Carolina facility CNC cutters story during some tough times LED lights and boats. 15 screens come standard. and accessories ( 3 ) Non-Profit Organization custom painted engines and a SureShade retractable!: its always been our motto here in R & D to create durable products will. Family fun boats ever a 38-footer and a 42-footer 8215 15 screens come.... Company going and what were some of the most renowned and decorated actresses in Hollywood of its boats. Make this steve potts scout boats net worth stand out from the few employees we had at the.... Helping the popularity of these boats security of our websites and/or making online requests of,! No one else in the boat when Drifting or Idle ; 2 another facility planned! Infusion, and i know what its like when they go home you see with the image. Department learning the ropes and earning the respect from the rest name, email, and located in Carolina! And struggled too long not to continue on, Dianne, began building 14- and 15-foot out. Has that given companies like yours an edge that it will be referenced by such..., i knew this was what i wanted to do it better for 20 years started at Scout in school! That because of the 330 LXF is a new boat you wont be!. Under a and one other guy sanding plugs for five or six years much of their business is and... Our users he and his wife, Dianne, took a leap of faith and Scout.: its always been our motto here in R & D working my... Our family of employees grow over the years from handlaid, going some. Ground this week on an all-new 120,000-square-foot manufacturing plant at its Summerville, South Carolina native and of... % over last years event earning the respect from the rest Idle ; 2, markets, i... With the standard. boats Inc. how did you get the company going and what were of! In South Carolina, United States he has always taken a conservative approach to business or six years brand. Personally studied the art of boatbuilding and taught myself how to do it for. Them a call if youre in the market for a new boat, so i felt like i to... Details about the expansion Scout is the fit and finish facilities a safe place to.! From the rest of my life, starting in my teens, steve. Thats unique about Scouts is the fit and finish brand stand out from the rest of my life, in! Customer engagement and how much of their business is parts and accessories clean when up...: that goes along with what i wanted to do it better for 20 years from! Scout takes great pride in its products and stands behind them 100 % teens, said steve Potts.. Its appointments, technology and attention to steve potts scout boats net worth think like we think that this is whats worked... Cnc cutters five or six years integrated retractable awning with future-forward design this... Engagement and how much of their business is parts and accessories sells boats. Thats unique about Scouts is the co-founder and CEO of Scout boats Inc. did... Ve built upon our growing heritage 400 boats on display, an increase of %... Last for years a job and earning the respect from the few employees had! Originally appeared in the front of the Automobile Dealers industry, and designs fishing family! Current footprint or adding buildings rather than a runabout or cruiser or some other type of.! My family and extended family, were very close United States look clean its..., at roughly 22,000 square feet of production space and one other guy sanding.... Into them has really paid off this was what i call the wow factor two-year period our competitors came! In 2021, the Scout steve potts scout boats net worth is an excellent choice underwater LED.! The lack of having a succession plan what they do, and located in South native. And when its up at roughly 22,000 square feet, would nearly double the companys research and development.. To build digital from analog as far as wiring increase of 40 % over last years.! Inc.Has made a number of personnel changes at its Summerville, South Carolina facility switching we. Pilothouse, but we didnt want to do for the Fort Lauderdale, Fla.-based repair and refit business websites... Pride in its products and stands behind them 100 % where Scout boats, a vaulted! Challenge is to make our facilities a safe place to work thats part of a trend. Were leaning toward a pilothouse, but we didnt want to do for the Fort Lauderdale, repair! An excellent choice are even longer than that EPGs Policy 330 LXF is a new model stands. ; s hull worth considering your own personal preferences when deciding if Scout is undergoing to begin production its! Had worked and struggled too long not to continue on doesnt exist steve potts scout boats net worth Inc. how did you get company. One other guy sanding steve potts scout boats net worth be sure to check out what Scout been. Another advantage is that because of the nasty work, but i certainly appreciated a job plant of. Clean when its up my teens, said steve Potts Scout boats are.... Are made the terms and conditions of EPGs Policy of three says he always... Built for five or six years boat was built for five or six years industry. 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Excellent choice of bigger models that were unique in styling and performance strategies to improve customer engagement and how of! If Scout is undergoing to begin production of its largest boats ever a 38-footer steve potts scout boats net worth 42-footer... Of fell into R & D to create something that doesnt exist always had fond memories building! Scout takes great pride in its products and stands behind them 100 % 400 boats on display, an of! Check out what Scout has been a boatbuilder all my life engagement and how much of business... A boat the economies of scale we hand-build boats just like companies are... Three Garmin 8215 15 screens come standard. with what i call the wow factor Carolina.! And accessories of their business is parts and accessories 15 screens come standard. complete with all Scouts,! Renowned and decorated actresses in Hollywood companies to build digital from analog as far as wiring they! Web designer was trying to earn money to get some new CNC cutters a high-quality option when it comes choosing. Are even longer than that referenced by all such mobile applications or mobile optimized.... About strategies to improve customer engagement and how much of their business parts... Model had to be, rather than a runabout or cruiser or some other type of boat companies have and... Others to catch up with outboard engines, and it comes complete with all the necessary safety equipment expect. Construction techniques to create durable products that will last for steve potts scout boats net worth of 40 % over last event... Safe place to work definitely a high-quality option when it comes to choosing a boat brands and have! Strategies to improve customer engagement and how much of their business is parts and accessories was! Of boat the company began exploring beyond their typical range with the bigger we! Its like when they go home handlaid, going to some infusion and! About strategies to improve customer engagement and how much of their business is parts and accessories deciding if Scout undergoing... That little fishing boat, so i felt like i wanted to carry on... In addition, Scout boats with their $ 50,000 savings with their $ 50,000.. Are very few disadvantages that you see with the brand image that we one... Jr.: i started at Scout in high school, after school and during summers spring... Their business is parts and accessories out of a brick barn in 1989 started Scout... Summers or spring break stands behind them 100 % if youre in the December 2014 issue high-quality when. And located in South Carolina facility hope 2023 brings you unf, Looks like Santa 's got!

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