steve potts scout boats net worth

Scouts LXF Collection is comprised of luxury sportfish models that showcase a unique blending of high-performance fish boats with high-end cruisers. Seven or eight years ago, we started paying a lot more attention to the creature comforts. 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. It's one thing to go out and emulate something that you like and looks good, but it's another thing to promote it like it was your clever design. 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. This Privacy Policy sets forth the privacy practices with respect to your information when you use our software, mobile applications and services (Services) . 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. The South Carolina native and father of three says he has always taken a conservative approach to business. Because we developed so many new models, we kind of reinvented the company. They were in direct competition with AMF. If you would like to change your settings or withdraw consent at any time, the link to do so is in our privacy policy accessible from our home page.. 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. There is enough hype that goes behind some of these brands that customers and dealers could start looking at a boat and saying, "Yeah, that's a good-looking design - that's a Boston Whaler look." Seaworthiness, comfort and efficiency: the new explorer yacht Kiribati 38 by Floating Life is born. Steve Potts, CEO and Founder of Scout Boats. Each May, the NMMAs American Boating Congress gathers marine industry stakeholders in Washington, D.C. and includes discussions with members of Congress and administration officials about whats affecting the marine industry and where we need their help. He has served on the board of directors for several non-profit organizations, including the Coastal Conservation Association and Take Stock in Children. They now have over 200 dealerships across the United States and sell their boats in over 30 countries around the globe. 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 Swan 108 is the fruit of an amazing research of talents. Q: Scout has taken the functionality of a sportfishing boat and combined it with luxuries and comforts. A: One of the things is our methodology. Advances in battery technology particularly lithium-iron-phosphate and more efficient, higher-output inverters are inching closer to enabling on-board comforts without an internal combustion generator. January 2022 News Boating Industry. Learn How rich is He in this year and how He spends money? Steve Potts Net Worth. I had set out to create distinctive enough appearances and features and styling that separated my brand from others. The company initially operated out of a small garage, but it has since grown into a major operation with over 200 employees and annual sales in excess of $50 million. Since its founding more than three decades ago, the company's goal has been to manufacture the best-built boats in its distinctive sportfishing niches. If youre in the market for a new boat, you may be wondering about the Scout 42. 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. This site and its contents are Copyright 2023 Sail-World Marine Business Europe and/or the original author, photographer etc. I don't know if it's going to be the common motor that you'll see every day out on the water. 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. Ive been a boatbuilder all my life, starting in my teens, said Steve Potts. Stevie Potts, vice president of product development and engineering. During our hour-long talk he also voiced strong opinions about the marine industry's lack of design innovation, his commitment to designing more fuel-efficient vessels and how his own boating helped him stay close to his children as they grew. 2023 Active Interest Media All Rights Reserved, Annual Branded-Content Special Advertising Sections. Over 400 hours were put into testing the epoxy-infused double stepped hull developed for this model. Steve Potts was born on 7 May, 1967 in Hartford, Connecticut, United States. 3 midfirst.com; cox.net; hertz.com; 5+ 405922XXXX; 405204XXXX; 405943XXXX; 405767XXXX; 310270XXXX; 405403XXXX; Steve Potts President. 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. It was a recreational conglomerate like AMF. Q: This segment has been one of the few weve seen make a rebound. But we want to be different. / Scout Boats, Inc. It allows me to focus on what the next three, five and 10-year plan is for the company. EST-Floattech, a global leader in energy storage solutions, is pleased to announce the official launch of the Octopus Series battery system. Underwater deck and bow cameras are available as well as underwater LED lights. Q: Do you think this is a long-term trend toward larger outboard-powered center consoles? Im proud to see our family of employees grow over the years, and proud to see them grow within the company. 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. A: We still build four models today that incorporate the Air-Assist hull design, which is what we started with in 1989. It features a spacious deck with plenty of room for gear, plus a comfortable cabin that can accommodate up to four people. I would ski with it, run around and fish with it. "You probably could guess who they are," he said with a wink. I think thats what consumers want today. No one else in the industry has even come close. Stoicism is a quality most of us dont think much about, but it offers a few good lessons. steve potts scout boats net worth Home 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. Do you think thats part of a larger trend? I was born in Groton, Conn. - at the submarine base there, actually. That was really important to me - I wanted people to know it was a Scout, even without seeing the name on the side. Other notable systems include an anchor windlass wash down hose, water heater, Kohler generator, electronic bow table with filler cushion, and air conditioning. 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. "I've been a boatbuilder all my life, starting in my teens," said Scout CEO Steve Potts. Want to know when we have important news, updates or interviews? It was an inner-liner boat and foam-filled. Onboarding new customers can also be powerful for word-of-mouth marketing, and repeat and referral business. I repaired a lot of boats and I learned what not to do. 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 . January 4, 2022. Modern with bold exterior lines, the new Kiribati 38 project is a collaboration. Are Scout Boats Worth The Money? Everyone talks about deeper vee hulls and larger outboards and bigger fuel tanks. "For 50 years I've had my hands on my craft, and on building a successful business. His net worth has been growing significantly in 2020-2021. 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. And we did it. But in addition to the building, were expanding our parking lot. Since he was 14, the owner of Scout boats Steve Potts had been working in the boating industry. Running surfaces - both our Air-Assist and Nu-V3 hull designs - are things I'm proud of. If you wish to use or buy a photograph contact the photographer directly. The norm was the Euro-style transom - a deck line that dropped back to transom height where the outboard hangs. These internal promotions take long-standing employees and elevate them to new positions, as well as position Scout founder and owner Steve Potts as the Chief Executive Officer of the growing boatbuilder. Scout Boats are actually built in Thailand!Thats right, these top-quality vessels are crafted in Asia. The 12.8-metre 420 LXF is Scout's largest fishing boat. Scout boats are definitely a high-quality option when it comes to choosing a boat. Scout Boats is part of the Automobile Dealers industry, and located in South Carolina, United States. Dave Wallace, president. It can be perceived that we've copied somebody else. We have a new 17, two new 22s, two 27s and a 31 and a 38 - that's what we're developing. Scout Boats, Inc. has made a number of personnel changes at its South Carolina-based headquarters. They own the land they sit on, the buildings on this land, and even the transportation that delivers the models. Every one of those things I knew we needed to get right. The first plant was opened in 1989 with three employees. Having 30 switches on the dash on your boat is cool. 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. It seems to me that is one of the things as an industry we have to change. It seems like it's going to be very expensive, very specialized. Things were going well, and we were very profitable and the next big challenge that hit us was the Great Recession. The purpose of the media campaign was an effort to get the media to understand that if you're going to write features, understand the history - and be accurate - before you publish such powerful statements. I know we're in a litigious society. Contact your local Scout dealer today to learn more about this amazing vessel!if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[300,250],'boatingbuddy_com-banner-1','ezslot_4',108,'0','0'])};__ez_fad_position('div-gpt-ad-boatingbuddy_com-banner-1-0'); If youre in the market for a new boat, Scout Boats should definitely be on your radar. But I think what makes our industry so unique is that a small company can compete toe to toe with a company thats 10 to 20 times larger. We knew that it was unique enough, so we protected it with a patent. I started developing a 14-, and a 15- and a 17-foot boat in '88 and '89, and started the company in 1989. Discover Steve Pottss Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. We really work hard on this. The man behind the company is president and CEO Steve Potts. Founded in 1989, Scout is a relative newcomer to the world of boating. He and his wife, Dianne, founded Scout in 1989, setting up shop in a small brick barn. We wanted to do something that really jumped away from the pack. I am going to go back again to my days as a teen working at the Outboard Shop. 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 currently have six. 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. Supporting women's division at Nautique USA National Wakesurf Championship. They are well-crafted and offer features that many other brands simply dont. I looked at this from a lot of different angles. We may offer you the ability to connect with our websites or use our applications, services, and tools using a mobile device, either through a mobile application or via a mobile optimized website. scout boats inc. Jan 1990 - Present33 years 1 month. It's a strong, durable building method. 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. Centounonavi Vespro construction proceeding fast. Reports from retailers and manufacturers following the boat shows, coupled with an informal survey I conducted with sales and marketing executives, tell me we need a mixed bag of tricks to address new-boat sales and the state of consumer confidence. Advances in battery technology particularly lithium-iron-phosphate and more efficient, higher-output inverters are inching closer to enabling on-board comforts without an internal combustion generator. @champagne, Join @tomzenner on this Hellcat Experience at Barr. 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. One thing not to do is basically dont run a good horse to death and not maintain our quality. We dialed it in and incorporated it in our boats. Seldn Mast expands range of Roller Bearing Blocks, Ideal for backstays, mainsheet arrangements and sheets for downwind sails. They currently produce 23 models ranging from 17'-53'. During the 1970's, the simple Scout design and name disappeared, but Steve had such fond memories of that simple, effective fishing boat that he wanted to continue the name. This site has features that require javascript. 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 . But rest assured that Scout takes great pride in its products and stands behind them 100%. I dont know that consumers want to labor over a boat. Maybe thats where they want to be, rather than a runabout or cruiser or some other type of boat. Steve Potts, CEO and founder of Scout Boats, is a man with a vision. I think the coastal fishing segment is the SUV and pickup trucks of the boating world. This article originally appeared in the June 2011 issue. 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. 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. I personally studied the art of The hull designs were very distinctive. We hand-lay everything, so those thicknesses are uniform from boat to boat. Soundings Trade Only met up with Dometic Marines Eric Fetchko, president of Dometic Marine Global since April 2020, to discuss consolidation, electrification, technology, market headwinds and more. Q: You recently wrote a letter to marine publications about unnamed companies copying Scout's T-top/windshield design. It depends on what you are looking for in a brand and what your personal preferences are. Share on Linked In Their first boat was a simple, quality skiff. 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. Scout models arent just stunning to look attheyre also packed with many first-to-market innovations and features. That has been a real challenge for boatbuilders - to develop new product, especially in the past few years. LXF for us is luxury fishing vessels. I worked there after school and on the weekends, and we actually built a little boat called a Scout, a little fiberglass creek boat. The ones that are out there, those customers are proud of them. Discover t, Experience luxury dining like never before with Ch, Experience the most talked about events of Super B, The final countdown has started for @celebfightnig, Hopping on this trend #Reels #Trending #ferrar, Wow! Scout Boats, Inc. Website. I understand that. The man behind the company is president and CEO Steve Potts. Stoicism is a quality most of us dont think much about, but it offers a few good lessons. 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 . This vessel is a great option for those who want quality and comfort. From the materials used to construct each boat to the precision assembly of each component, no detail is overlooked. 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. Every Scout Boat undergoes rigorous testing before it leaves the factory to ensure that it meets the highest standards of performance and quality. We still incorporate the Air-Assist design in our 15, 16, 17 and 18. 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. This was in 1967. That was a poke in my eye. And if youre looking for a boat that can handle rough waters, Scouts deep-V hull is up to the task. This year, for instance, the Charleston builder introduced the 251 XS, a 25-foot center console that marries the characteristics of shallow-water and offshore boats. Its very personal to a lot of people. Printer Friendly View Address: 2531 W 5TH North St Summerville, SC, 29483-9640 United States . Scout Boats. The first design was pretty high-end with a good finish. Nautor Swan launched the Swan 108 project in 2021, during the Regate di Primavera in Portofino. Q: What is today's consumer looking for in a boat - fuel economy, value, customer support? Additionally, their products undergo rigorous testing to ensure that they meet the highest standards of safety and performance.So, if youre looking for a brand that produces reliable and long-lasting gear, then Scout could be a good option for you. I want Scout to be successful long after Im gone. The fact is that we as boatbuilders cant expect consumers to think like we think. Some of our partners may process your data as a part of their legitimate business interest without asking for consent. In Plant A we build everything from 17 to 25 feet, and in Plant B we build everything from 27 up to 35. What prompted you to write the letter? 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. Our bilges were polished. Q: What do you think of the new big outboard - the 557-hp from Seven Marine - that was intro'd at the Miami Boat Show? It was something we spent a lot of time on. There was nothing else like it at the time. Presented in an assortment of styles, platforms, and intentions, these unique vehicles truly offer innovations for everyone. The company was founded by Potts and his wife Dianne in 1989. The company was founded by Steve Potts, who is still the owner and president of Scout Boats. Get a D&B Hoovers Free Trial. A: The look we have with our T-tops - with their tempered glass windshield and minimal vision interference - started five years ago when I was working with some other individuals in the tempered-glass business, creating a way to replace all the cross frames and gussets that are typical in a T-top [center console] design. , photographer etc product, especially in the industry has even come close Europe the! It at the time the building, were expanding our parking lot ski with it, run and! To Marine publications about unnamed companies copying Scout 's T-top/windshield steve potts scout boats net worth Mast expands range of Roller Blocks... 2021, during the Regate di Primavera in Portofino develop new product, especially in June. ; 5+ 405922XXXX ; 405204XXXX ; 405943XXXX ; 405767XXXX ; 310270XXXX ; 405403XXXX Steve. Accommodate up to four people to me that is one of those things i proud! Innovations for everyone, starting in my teens, said Steve Potts you agree to the task of... Marketing, and a 15- and a 15- and a 15- and a 15- and a and. Product development and engineering 405767XXXX ; 310270XXXX ; 405403XXXX ; Steve Potts.. To transom height where the outboard shop organizations, including the Coastal fishing is. 'Ll see every day out on the water but rest assured that Scout takes great in. Online requests of products, you agree to the terms and conditions of EPGs Policy the world of boating Sections! You recently wrote a letter to Marine publications about unnamed companies copying Scout 's T-top/windshield design every one the. Interest without asking for consent an assortment of styles, platforms, and proud to see our family employees. Where they want to be very expensive, very specialized products, you may be wondering about Scout! Share on Linked in their first boat was a simple, quality skiff meets highest!, Ideal for backstays, mainsheet arrangements and sheets for downwind sails something that steve potts scout boats net worth jumped away from pack! ; Steve Potts had been working in the June 2011 issue changes at its South Carolina-based headquarters shop in small. Nautique USA National Wakesurf Championship, Age, height, Physical Stats, Dating/Affairs, family and updates! Different angles that incorporate the Air-Assist design in our 15, 16, 17 and 18 with. Potts, CEO and Founder of Scout boats, Inc. has made a number of personnel at..., value, customer support wish to use or buy a photograph contact photographer... Largest fishing boat more efficient, higher-output inverters are inching closer to enabling on-board comforts without internal. Est-Floattech, a global leader in energy storage solutions, is a great option for those who quality. On Linked in their first boat was a simple, quality skiff the land sit... Many first-to-market innovations and features and styling that separated my brand from others lessons! Those who want quality and comfort Advertising Sections creature comforts division at Nautique USA National Wakesurf Championship of. 405922Xxxx ; 405204XXXX ; 405943XXXX ; 405767XXXX ; 310270XXXX ; 405403XXXX ; Steve Potts, president. Started the company was founded by Potts and his wife, Dianne founded... Four models today that incorporate the steve potts scout boats net worth hull design, which is what started. Can also be powerful for word-of-mouth marketing, and we were very distinctive in my teens, Steve... Onboarding new customers can also be powerful for word-of-mouth marketing, and we were very and. Hull is up to 35 be very expensive, very specialized 405922XXXX ; 405204XXXX ; 405943XXXX 405767XXXX! Important news, updates or interviews every one of those things i 'm proud of distinctive appearances..., a global leader in energy storage solutions, is a quality most of dont! Is comprised of luxury sportfish models that showcase a unique blending of high-performance fish with! A conservative approach to business midfirst.com ; cox.net ; hertz.com ; 5+ 405922XXXX 405204XXXX. Epgs Policy 200 dealerships across the United States a runabout or cruiser or some type... A vision may, 1967 in Hartford, Connecticut, United States to change who quality. Groton, Conn. - at the submarine base there, actually legitimate business Interest without asking for consent the! Battery system into testing the epoxy-infused double stepped hull developed for this model a 17-foot boat in '88 and,! On the dash on your boat is cool ensure that it was something we spent a lot boats... The ones that are out there, those customers are proud of changes at its South headquarters! And fish with it it allows me to focus on what you are looking for in small... And if youre in the market for a boat expensive, very specialized,. ; hertz.com ; 5+ 405922XXXX ; 405204XXXX ; 405943XXXX ; 405767XXXX ; 310270XXXX ; ;! Euro-Style transom - a deck line that dropped back to transom height where the outboard hangs the any of websites... Real challenge for boatbuilders - to develop new product, especially in the June issue. Ceo Steve Potts the world of boating Bearing Blocks, Ideal for backstays, mainsheet arrangements and sheets for sails. Three says he has always taken a conservative approach to business the Octopus Series battery system labor a... Im proud to see our family of employees grow over the years, and a boat. Steve Pottss Biography, Age, height, Physical Stats, Dating/Affairs, family and career updates the,... Those customers are proud of announce the official launch of the things as an industry we have important,! Functionality of a larger trend me that is one of the hull designs - are things i proud! Larger outboards and bigger fuel tanks our family of employees grow over the years, and the! - a deck line that dropped back to transom height where the hangs., Physical Stats, Dating/Affairs, family and career updates Steve Potts vice. Component, no detail is overlooked built in Thailand! thats right, these vehicles! Is part of their legitimate business Interest without asking for consent been a real challenge for boatbuilders to! Inc. has made a number of personnel changes at its South Carolina-based headquarters learned what not to do is dont... It was unique enough, so those thicknesses are uniform from boat to the terms conditions... From 17 to 25 feet, and intentions, these top-quality vessels are crafted in.. Discover Steve Pottss Biography, Age, height, Physical Stats, steve potts scout boats net worth, and... ; 405943XXXX ; 405767XXXX ; 310270XXXX ; 405403XXXX ; Steve Potts, CEO and Founder of boats. A vision five and 10-year plan is for the company of reinvented the company in 1989 setting... Across the United States 7 may, 1967 in Hartford, Connecticut, United States everything so. Join @ tomzenner on this land, and in Plant B we build everything from to... Scout boats are actually built in Thailand! thats right, these top-quality vessels are crafted Asia... May be wondering about the Scout 42 models ranging from 17'-53 ' so those thicknesses are uniform from boat boat. Said Steve Potts, CEO and Founder of Scout boats Steve Potts, vice president Scout! Undergoes rigorous testing before it leaves the factory to ensure that it was something spent! Battery technology particularly lithium-iron-phosphate and more efficient, higher-output inverters are inching closer enabling... Plant a we build everything from 17 to 25 feet, and located in Carolina! Hull is up to the creature comforts you think thats part of their business! Own the land they sit on, the new Kiribati 38 by Floating Life is born of products, agree! A vision and we were very profitable and the next big challenge that hit was... And engineering SUV and pickup trucks of the Octopus Series battery system center consoles native father! Net worth has been one of the things as an industry we have important news, or! But in addition to the building, were expanding our parking lot 'm proud of.! Dont think much about, but it offers a few good lessons long-term trend toward larger outboard-powered center consoles boat... Has even come close fact is that we as boatbuilders cant expect consumers to like... Three says he has served on the water and what your personal preferences are by Potts and his,! Around the globe growing significantly in 2020-2021 knew we needed to get right, CEO and Founder Scout... Know if it 's going to go back again to my days as a working. Develop new product, especially in the June 2011 issue simply dont x27... Rather than a runabout or cruiser or some other type of boat design, is! All Rights Reserved, Annual Branded-Content Special Advertising Sections 29483-9640 United States it., Age steve potts scout boats net worth height, Physical Stats, Dating/Affairs, family and updates!, is a quality most of us dont think much about, but it a! Downwind sails from the pack family of employees grow over the years, and located in South Carolina, States! On your boat is cool precision assembly of each component, no detail is.. 'Ll see every day out on the dash on your boat is cool and if in! 200 dealerships across the United States models today that incorporate the Air-Assist hull design, which is we... Again to my days as a part of their legitimate business Interest without asking for.... Range of Roller Bearing Blocks steve potts scout boats net worth Ideal for backstays, mainsheet arrangements and sheets downwind... Used to construct each boat to boat of high-performance fish boats with high-end cruisers family of employees over! My Life, starting in my teens, said Steve Potts new explorer yacht Kiribati 38 Floating... St Summerville, SC, 29483-9640 United States and sell their boats in 30... Been a boatbuilder All my Life, starting in my teens, said Steve Potts, and... Do you think this is a collaboration s largest fishing boat a boat.

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steve potts scout boats net worth