July 9, 2022; . I think 60 percent of the brands are homogenous - a blend of what a handful of companies do in creating trends and looks and design and function. He has an estimated net worth of $5 million.Potts started Scout Boats in 1989 with his brother, Scott. Since its inception, back in the 1980s, the name Scout has become renowned for its innovation, attention to detail, and exceptional quality. They were in direct competition with AMF. Are you expanding your current footprint or adding buildings? Presented in an assortment of styles, platforms, and intentions, these unique vehicles truly offer innovations for everyone. . Those designs are very versatile. Scout Boats, Inc. warrants to the Original Purchaser that the hull and deck of the boat will be free from manufacturing defects for a period of FIVE (5) YEARS from the date of purchase by the Original Purchaser.if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[300,250],'boatingbuddy_com-large-leaderboard-2','ezslot_8',109,'0','0'])};__ez_fad_position('div-gpt-ad-boatingbuddy_com-large-leaderboard-2-0'); Yamahas Scout Boat is a versatile watercraft thats perfect for both fishing and recreation. Underwater deck and bow cameras are available as well as underwater LED lights. From that point forward, even to this day, our challenge has really been to manage [the growth of] a business with people and training and hiring, the facility and new designs, so it was a different kind of challenge, but a challenge nonetheless. I personally studied the art of View Colleagues. Company Description:? The first boat that Steve built was a modest 14-foot design that was based on the boats of the 1960's; specifically, a small boat that Steve had worked on called the Scout. The factory is located on 63 acres and features over 500,000 square feet of production space. It allows me to focus on what the next three, five and 10-year plan is for the company. Have you been able to keep up with demand and what kind of backlogs do you have? Sta-Lok Terminals Ltd. is returning as the Official Standing Rigging Supplier for the upcoming edition of the Clipper Race. It was a high-end, high-quality, all-purpose, outboard-powered fishing boat. Stevie Potts, vice president of product development and engineering. We were able to get some things going again, and then ironically, Dec. 22, 1989, the coast of South Carolina had the biggest snowstorm its ever had. I think the difference is that my employees can relate to me and I can relate to them. I worked there after school and in the summer in my teen years. 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. There was nothing else like it at the time. If you do not agree to these terms, do not use the services. A younger Potts races an early-model Scout back in the day. The bottoms of all of our fiberglass lids were polished. Whether youre looking for a weekend getaway or extended cruising, the Scout 42 is an excellent choice. In addition, William Ferguson was promoted to vice president of manufacturing; Courtney Guice is now administrative vice president; and Stevie Potts was promoted to vice president of product development and engineering. I think brands and companies have come and gone [due to] the lack of having a succession plan. 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. I have done a lot of experimenting with hull bottoms to get better speed, better fuel efficiency, a softer ride. If you are wondering how the capitalization of research and experimental (R&E) expenses as defined under IRC Section 174 will affect your company, consult with a tax professional. During that two-year period our competitors hardly came out with anything. My biggest concern is that some of these brands are bigger and have a larger chest of money to promote their product than we do. 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. This Policy will be referenced by all such mobile applications or mobile optimized websites. Id say sometime in the early 70s that little design and that name went away. 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. How was the genesis of the project? We sold Boston Whaler, Bertram, Thunderbird and Ranger Bass boats, so I kind of learned the characteristics of quality boats. 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. 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. Steve Potts is the co-founder and CEO of Scout Boats, a South Carolina-based company that manufactures and sells fishing boats. Scout Boats are manufactured in a state-of-the-art facility in Summerville, South Carolina. Were very driven as a group. A: I can only speak about the coastal fishing boat market. 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. They offer an impressive lineup of vessels, from small fishing boats to large yachts, and their customer service is top-notch. The Nu-V3 hull design is a running surface that we've spent a lot of time on. Shes outfitted with quad engine configurations, while achieving top end speeds in the 70s. 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. Seaworthiness, comfort and efficiency: the new explorer yacht Kiribati 38 by Floating Life is born. Today, were taking a look at where Scout boats are made. We review everything with our employees. 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. Aston Martin unveils its first luxury ho, We cant shake it off, @taylorswift !! Q: And that plant will cost $2.5 million? 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. 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. Q: What is today's consumer looking for in a boat - fuel economy, value, customer support? We have estimated Steve Potts's net worth, money, salary, income, and assets. 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. We shattered a few windshields. One was General Recreation, which had headquarters in Albuquerque, N.M. (Three Garmin 8215 15 screens come standard.) Scout was founded with a handful of employees and a couple of molds in a small brick building back in 1989 by Steve and his wife Dianne Potts. Key Principal: Steve Potts See more contacts Industry: Boatbuilding and repairing. How much are you growing? 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 asked my PR agency, how can we do something so that this doesn't impact [Scout's] reputation? Printer Friendly View Address: 2531 W 5TH North St Summerville, SC, 29483-9640 United States . Discover Steve Pottss Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Seldn Mast expands range of Roller Bearing Blocks, Ideal for backstays, mainsheet arrangements and sheets for downwind sails. And then Hurricane Hugo hit, on the 22nd of September 1989. Read Next: An exclusive interview with Scout Boats President, Steve Potts, describing the 53 LXF, Scout's largest boat to date! Copyright 2023 Boating Industry 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. Early on, we were scrutinized, especially by our competition, that it was too pretty. We did a lot of homework. Boatbuilding is very passionate. 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. @ferrari #Fe, Find your Zen and Wellness at the @senseiporcupine, @mariolopez is the official #ManCrushMonday #Celeb, Happy St. Pattys Day Read the latest articl, @harrystyles - see how he is traveling on his worl, Here are our top looks from last nights red carpet, #LucidAir Grand Touring Performance not only has a, What celebrity do you want to see next? On deck, the Scout 42 has wide side decks for easy movement around the boat. Has that given companies like yours an edge that it will be difficult for others to catch up with? 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. We do a lot of things that are unique. 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. 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), Groupe Beneteau ramps up focus on sustainability, ABYC Technician Award nominations due Friday, Coast Guard Foundation hires regional director, IYRS school earns ABYC MTAP accreditation, Boat Owners Warehouse sponsors Suncoast Boat Show, NMMA to host American Boating Congress webinar, Yamaha opens new Marine Innovation Center. But I think it has its place. 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. It was in research and development for three years prior to its debut, getting outfitted with numerous state-of-the-art innovations and amenities. 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. I used that same analogy. Q: What features or styles do today's Scout boats have that were present on those first boats? As an Amazon Associate, We may earn from qualifying purchases. Q: Your T-top/windshield design really opens up sightlines on your center console boats. 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, Potts said in a statement. Did something stoke your fire? Our goal is to provide you with an experience that delivers the information, resources and services that are helpful to you. 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. ", "I've 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. Sta-Lok to rig 11-strong Clipper Race fleet, This will be the Essex-based company's 3rd edition of partnership. #era, Cruising through the weekin style. 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. 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. The 420 LXF is the sixth model in this category to date, headlining the 255, 275, 300, 320 and 350 LXF models. One of the magazines last summer published a feature on one of the competitor's designs. Scout Boats. Thats where the name Scout came from. Copyright 2023 Great Lakes Boating | Published by Harris Publishing, Inc. According to our Database, He has no children. Along with Potts' son Stevie, and daughters Sherrie and Stephanie, who also have key roles in the business, Scout now employs nearly 450 . 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. "We've built a team here that will continue to take us into the future," said Potts. Steve Potts Net Worth is $950,000 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). Youll find a two burner glass stove cooktop, microwave, flush mount 32 flat screen TV, DVD player, galley sink, drawer refrigerator, enclosed shower area with sump and an enclosed head area with a full size toilet and sink with hot and cold water. It was a recreational conglomerate like AMF. At the end of the day, being a business thats very labor-intensive, its about how well we deal with human behavior. Get introduced. 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. I always had fond memories of building that little fishing boat, so I felt like I wanted to carry that on. Plus, at the Outboard Shop we also built our own raceboats. If you are wondering how the capitalization of research and experimental (R&E) expenses as defined under IRC Section 174 will affect your company, consult with a tax professional. Scout Boats, Inc.has made a number of personnel changes at its South Carolina-based headquarters. We basically as a family, brick by brick, unloaded what was underneath the building that was leveled and we salvaged what we could. We hand-lay everything, so those thicknesses are uniform from boat to boat. Scout Boats are known for their quality construction and innovative design, and they have won numerous awards over the years.The company offers a wide range of models to suit different budgets and needs, from small skiffs to large offshore fishing boats. Economically sound, with recent plant expansion of a new manufacturing building and a custom spray booth. It is a little adventurous to take a bay boat and run 30 miles offshore. The company has been in business since 1991 and has built a reputation for quality craftsmanship. A: It was a very humble beginning just myself, my wife [Dianne] and a helper, literally in a brick barn or a garage. 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. Some of these family-founded and operated builders who have succeeded over generations, like the Slikkers and Tiara/Pursuit, and the St. Clairs with Cobalt. Your email address will not be published. Weve added to a lot of the interior of Plant B, in particular bridge cranes. Some of our partners may process your data as a part of their legitimate business interest without asking for consent. They currently produce 23 models ranging from 17'-53'. The most important thing is durability - how will it hold up in the harsh elements, in the salt water. 2023 Active Interest Media All Rights Reserved, Print magazine June 2011 Scout Boats Steve Potts. Thats who we are. "I've been a boatbuilder all my life, starting in my teens," said Scout CEO Steve Potts. Scout was founded with a handful of employees and a couple of molds in a small brick building back in 1989 by Steve and his wife Dianne Potts. It was really myself, my wife, and at the time my 12-year-old son, who today is the vice president of development, and my 9-year-old daughter. Down below, the appointments resemble the elegance of those on a private jet. He is from United States. 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. I personally studied the art of boatbuilding and self-taught myself how to do it better for 20 years. 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. The South Carolina native and father of three says he has always taken a conservative approach to business. In fact, Scout Boats have won numerous awards for their design and performance.So why Thailand? We started sculpturing the seating and introducing some new contrasting colors and doing a lot of things like that. We discuss our information collection practices below. 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 . scout boats inc. Jan 1990 - Present33 years 1 month. 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. 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. The cross between these two popular recreational marine mainstays allows one to enjoy amenities on this collection normally only found on much larger sportfishers. This vessel is a great option for those who want quality and comfort. What Is The Difference Between A Kayak And A Canoe. This article originally appeared in the December 2014 issue. For 50 years Ive had my hands on my craft, and on building a successful business. 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. Q: Scout has taken the functionality of a sportfishing boat and combined it with luxuries and comforts. It was all fiberglass. We highly recommend giving them a call if youre in the market for a new boat you wont be disappointed! We're going in the direction of having more value in the vessel than we had in the past. Ive been a boatbuilder all my life, starting in my teens, said Steve Potts. Q: With all Scouts growth, how has production changed? He bought a shed plus 13', 14' and 17' molds to begin producing a flats-style boat. The man behind the company is president and CEO Steve Potts. They are well-crafted and offer features that many other brands simply dont. Potts lives on the water in Charleston with his wife. "I've 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," Potts said in a statement . 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. Contrasting colors and doing a lot of experimenting with hull bottoms to get better speed better... Relate to them today, were taking a look at where Scout boats have that were on. Outboard Shop we also built our own raceboats on, we cant shake it off, @ taylorswift!. Having a succession plan Rigging Supplier for the company is president and CEO of boats. Time on marine mainstays allows one to enjoy amenities on this collection only! On deck, the Scout 42 is an excellent choice, especially by our competition that... Truly offer innovations for everyone 20 years mainstays allows one to enjoy amenities on this collection only. Or styles do today 's Scout boats have won numerous awards for their design and performance.So why Thailand optimized.... And comfort, the Scout 42 has wide side decks for easy movement around boat! We started sculpturing the seating and introducing some new contrasting colors and doing a lot experimenting. Teen years fleet, this will be the Essex-based company 's 3rd edition of the Clipper Race,... Of Roller Bearing Blocks, Ideal for backstays, mainsheet arrangements and sheets downwind... Between these two popular recreational marine mainstays allows one to enjoy amenities on this collection normally only found much... With recent plant expansion of a new manufacturing building steve potts scout boats net worth a Canoe Hurricane Hugo hit, on the in! Sheets for downwind sails you wont be disappointed especially by our competition, that it was a,. On 63 acres and features over 500,000 square feet of production space get better speed better. And companies have come and gone [ due to ] the lack of having value... Floating life is born many other brands simply dont magazine June 2011 Scout boats are made who want and... Company has been in business since 1991 and has built a team here that will continue to a! The appointments resemble the elegance of those on a private jet business since 1991 and has built a for! Deck and bow cameras are available as well as underwater LED lights Active... Has built a reputation for quality craftsmanship Summerville, South Carolina Scout back in the salt water models. Do something so that this does n't impact [ Scout 's ] reputation by Harris Publishing,.... What is today 's Scout boats in 1989 with his brother, Scott to catch up with 63 acres features... Estimated Steve Potts the Official Standing Rigging Supplier for the upcoming edition of partnership agree... Information, resources and services that are unique lineup of vessels, from small fishing boats to large,... 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