steve potts scout boats net worth

Thats how we got started. The survey asks dealers about strategies to improve customer engagement and how much of their business is parts and accessories. Steve Potts (center) works with the design team, including Stevie (seated, right of his dad). It felt pretty good. Has that given companies like yours an edge that it will be difficult for others to catch up with? Having 30 switches on the dash on your boat is cool. They own the land they sit on, the buildings on this land, and even the transportation that delivers the models. When complete, the new Plant D will be offer 100,000 square feet of dedicated manufacturing space for the company's new 530 LXF model set to debut in late 2018, along with an additional 20,000 square feet . Within the marine industry, there are numerous manufacturers producing all types of boats for consumers, but none with as much thought and effort as Scout puts into its models. The 420 LXF is the sixth model in this category to date, headlining the 255, 275, 300, 320 and 350 LXF models. 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. For more info contact Gary Hall at (716) 876-5944 Visit the Scout Boats Website Bathrooms & Showers Free Pump out Facility 35 Ton Travel Lift Winter Storage Shrink Wrapping Fiberglass Repair Canvas Repair Detailing Service Electronics Installation "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 . So much so that Scout has introduced more than 25 new models in the previous six years alone. Scout Boats Location 2531 Hwy 78 W, Summerville, South Carolina, 29483, United States Description Read More Industry Motor Vehicle Dealers Retail Discover more about Scout Boats 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 had worked and struggled too long not to continue on. Without doing carbon or epoxy, that wouldnt have been possible. It was, I guess, from famine to feast. 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. Scout Boats was named for Potts' fond memories of the simple fishing boats he worked on as a teen. The cross between these two popular recreational marine mainstays allows one to enjoy amenities on this collection normally only found on much larger sportfishers. Because we developed so many new models, we kind of reinvented the company. 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. The company's filing status is listed as Current-Active and its File Number is 1131297. 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. Potts Sr.: The nature of boatbuilding, especially with lamination shops and operations, has always kind of been a dirty sweatshop mentality. 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. 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 think its because as boatbuilders we expect consumers to think like we think that this is whats always worked. Then we came up with the idea of how to enclose it, but kind of make it a convertible. And then Hurricane Hugo hit, on the 22nd of September 1989. 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. Scout Boats, Inc. manufactures, markets, and designs fishing and family fun boats. Photo Left to Right: Alan Lang (Scout Boats), Steve Potts (Scout Boats), Rep. Nancy Mace, and Russ Tomlinson (Sportsman Boats) Membership . Potts Sr.: We do a lot of plant tours. The Connecticut Marine Trades Association will accept nominees for the Jeanne Czel Person of the Year Award until March 15. Q: How is your work force projected to grow? Last Updated: February 2023. Things were going well, and we were very profitable and the next big challenge that hit us was the Great Recession. I had a huge passion with design. 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]. 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. Hes actually better at design and design cues than I am, which, not too long ago, I wouldnt have admitted. Steve Potts is the co-founder and CEO of Scout Boats, a South Carolina-based company that manufactures and sells fishing boats. The 300 LXF was showcased at this year's Fort Lauderdale show. Weve added glass panels and actually had that patented. He and his wife, Dianne, began building 14- and 15-foot boats out of a brick barn in 1989. . Theres no question that today theres as many shapes and colors of fiberglass floating around as ever before. 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. The expanded factory in Summerville will build composite parts for six boat models in the newly designed LXF series, as well as component parts for the new 275 and 320 Dorado series. We review everything with our employees. That helps us with the brand image that we have. A: It was a very humble beginning just myself, my wife [Dianne] and a helper, literally in a brick barn or a garage. I want Scout to be successful long after Im gone. Scout Boats is one of the few remaining family-owned designers and manufacturers of high-end, luxury fishing boats in the 17 - 53 range. It wasnt that long ago, I can remember Stevie wanted a hydraulic platform on the side of this center console and I said, That is ridiculous. He is a member of famous with the age 54 years old group. Worlds thinnest watch . It was a brick building with a galvanized roof. I have done what they do, and I know what its like when they go home. Back in 2007, we came up with the idea on our 262. Thats just speculation, but thats what we hear. When youre infusing something, youre not getting spray guns out and rollers and suiting up. Our bilges were polished. If you do not continue to use the EPG websites following a change to our Policy but take no other action with respect to your personal information, our use of that information will remain subject to our Policy as it was in effect prior to the change. Weve gone even further on the 53, where both sides fold down and are flush with the deck, and it really opens the boat up a lot. How gracefully that brand ages and the reputation of the brand is really tied to what their investment and resale value would be. Scout is a debt-free company. Other details, such as "My type of design Scout Boats are manufactured in a state-of-the-art facility in Summerville, South Carolina. Meaning, once the founder has moved on and is in their twilight years, they step away from it and theres not the youth behind them. 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. Seven or eight years ago, we started paying a lot more attention to the creature comforts. Down below, the appointments resemble the elegance of those on a private jet. Since its founding over two decades ago, Scout Boats' goal has been to manufacture the best-built boats in its distinctive sportfishing niches. But we came out of the period between 2008 and 2010 with 18 new models. Potts started Scout Boats in 1989 with his brother, Scott. The salon is bright and airy, thanks to large windows and skylights.The galley is well-equipped, and theres plenty of storage throughout the boat. I knew this was what I wanted to do for the rest of my life. Steve Potts moves full time to CEO of the company, Dave Wallace has been named President, William Ferguson has been promoted to Vice President of Manufacturing, Courtney Guice has elevated to Administrative Vice President and Stevie Potts is Vice President of Product Development & Engineering. 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. I think there is market share for us to gain. Its a much cleaner process. 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. 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. Potts Jr.: The convertible leaning post in the 38 has gone really well, and in the not too distant future were going to put that on some other models. The Volvo Penta parent posted FY22 sales of $45.2 billion, with the marine segment delivering 17,924 engine units. So we were leaning toward a pilothouse, but we didnt want to do a pilothouse. We formed a partnership with Garmin and Power Products, which at the time was making the CZone systems, and went digital with our bigger boats. Another facility is planned that, at roughly 22,000 square feet, would nearly double the companys research and development space. We lean on her to help us develop the most sophisticated composite parts that we can. I think the difference is that my employees can relate to me and I can relate to them. 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A: Today were right at 850 a year. A: With some models, as much as six months. Yes No Report Share 5.0 Excelente Finisher (Former Employee) - Summerville, SC - July 19, 2021 As an Amazon Associate, We may earn from qualifying purchases. Year after year, the Research & Development team create stunning new model after new model. How did you get the company going and what were some of the early hurdles? The bottoms of all of our fiberglass lids were polished. 97 views, 4 likes, 0 loves, 0 comments, 1 shares, Facebook Watch Videos from SkipperBud's: Why Scout Boats? Scout Boats employs over 400 team members at the Summerville facility.The companys commitment to quality craftsmanship is evident in every aspect of the manufacturing process. Steve Potts Owner, scout boats inc . The running surface is second to none. The company was founded in 1989 by Steve Potts, who is still the CEO and owner today. We started hearing more from people who say they want a center console sometimes, and sometimes they want more protection. 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). Same thing with the 215 Dorado. Stainless accents can be found throughout, while two single beds come together to make one large King berth. It features a spacious deck with plenty of room for gear, plus a comfortable cabin that can accommodate up to four people. We don't have much information about He's past relationship and any previous engaged. Boats are like everything else: you get what you pay for. Standard features throughout include a full transom walk-thru platform (with optional dive ladder); a side boarding door; gas shock-assisted hatches; flush mount cleats and rod holders; port and starboard floor fish boxes with overboard diaphragm discharge; a patented powder coated hardtop with curved glass enclosure; under hardtop/under gunnel LED lighting; a three-person aft facing cockpit seat; two retractable fresh water hoses; a retractable raw water hose; and Eco-Teak swim platform, transom door, bow table and helm footrest, just to name a few. The Company offers flat and bay, fish-n-ski, express, and center console 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. 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.. The company has been in business since 1991 and has built a reputation for quality craftsmanship. For more information on Scout and any of its innovative model lineup; to request a brochure, quote or test drive; or to build your own Scout model, visit www.scoutboats.com today. I understand that. This Policy will be referenced by all such mobile applications or mobile optimized websites. In 2021, the company began exploring beyond their typical range with the . So I did. Scout Boats has grown steadily for the last 22 years and now builds fishing and day-cruising boats from 14 to 35 feet. Salary in 2022. Structural Info Filmography Profession Actor, Composer, Soundtrack Actor Composer Soundtrack Self Known for movies Bill Springer September 4, 2018. Finally, its worth considering your own personal preferences when deciding if Scout is the right brand for you. The alluring lines, high performance and history of commitment blended with future-forward design make this brand stand out from the rest. <br><br>Serial investor in people - consistent track record of growing the careers of software engineers to principal and . The 235 Dorado, we created a boat that has the windshields built into the deck, rather than added to the deck. Our main building is approximately 180,000 square feet. Potts Jr.: It makes for a much cleaner environment, too. This Privacy Policy sets forth the privacy practices with respect to your information when you use our software, mobile applications and services (Services) . Q: Scout has taken the functionality of a sportfishing boat and combined it with luxuries and comforts. 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. A: I think thats true. Fort Worth, TX. Today and since 2009 Scout has had, on average, better than 25 percent annual growth. It allows me to focus on what the next three, five and 10-year plan is for the company. The interior was something completely different from what we were used to doing. I think thats what consumers want today. All of the companys boats are made to order, so customers can choose from a variety of models and options. About Scout Boats: Scout builds sportfishing, fish 'n ski, walk around, flats and bay boat models ranging from 15' to 35'. That makes Scout something of an outlier in the boat building business, government data shows. . Founded in 1989 by President and CEO Steve Potts, Scout Boats are sold at 72 dealers around the world. Scout has revolutionized the coastal fish boat market. Scout Boats are manufactured in South Carolina, USA. 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). bitten by the boating bug at a Young age. Scout has been growing market share, too. The building we were in was pretty much leveled. Timeless styling, sleek aesthetics and technology are three main pillars of this flagship. It will be interesting to see what happens. The Registered Agent on file for this company is Corporation Service Company and is located at 2626 Glenwood Avenue, Suite 550, Raleigh, NC 27608 . We know you have a choice. 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. "There seems to be two center console worlds - the hardcore fishing world and the cruising world," says Scout Boats president Steve Potts. 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. See who you know in common. I worked in the rigging department for a few years, and then I worked in warranty. But in the 30 years since theyve been around, theyve made a big splash in the industry.So where are these impressive boats made? In 1989, Potts and his wife, Dianne, took a leap of faith and started Scout Boats with their $50,000 savings. The guy I was renting the brick barn from rebuilt and we moved back in February or March of 1990. 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. Having been in the marine industry since I was 14, I knew that one day I wanted to do my own thing and apply all the things Id learned to do and learned not to do. Experience. With a pair of Yamaha 350s, the 345XSF will do 55.5 knots (64mph), with a best cruise at 3500 rpm @25.1 knots (29mph) getting 89L/h, also for 3.5L/NM. The builder now uses epoxy for its larger boats. You are responsible for regularly reviewing this Policy and any changes thereto. You take the whole room thats completely done and drop it into the liner, drop the console on top, and tap it all together. 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. -Steve Potts, president and CEO of Scout Boats Inc. "Scout Boats is a great example of South Carolina-grown entrepreneurship. During that two-year period our competitors hardly came out with anything. 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. The 330 LXF is a new model that stands on its own, Steve Potts says. Scout Boats serves customers . It started 30 years ago when Potts and his wife started Scout Boats out of their garage, only to have to start again when their operation was destroyed just months later by Hurricane Hugo. LIKE FATHER, LIKE SON: Stevie Potts was This Privacy Policy sets forth the privacy principles we follow, in accordance with our operations. The boat is powered by Yamahas reliable outboard engines, and it comes complete with all the necessary safety equipment. Following the posting of such non-material changes, your continued use of any EPGs websites will constitute your acceptance of these changes and you will be bound by such changes. Scout Boats continues to up the ante. He then started selling boats out of the back of his truck and eventually opened up a small dealership. Its up to us as manufacturers and dealers to make sure they have a good experience so we dont lose them. They currently produce 23 models ranging from 17-53. Ive been a boatbuilder all my life, starting in my teens, said Steve Potts. A: Im glad you mentioned that because that has been a struggle. 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. Last fall, about 37,000 people. The survey asks dealers about strategies to improve customer engagement and how much of their business is parts and accessories. Already a subscriber? Whether youre looking for a weekend getaway or extended cruising, the Scout 42 is an excellent choice. If youre in the market for a new boat, you may be wondering about the Scout 42. Scout Boats: The Story Behind the Marine Industry Leader Contributing Partner October 18, 2016 Yachts Scout Boats was founded by South Carolina-resident Steve Potts - a man that continues to this day to be on the shop floor daily working on the models - back in 1989. scout boats inc. Jan 1990 - Present33 years 1 month. Scout Boats broke ground this week on an all-new 120,000-square-foot manufacturing plant at its Summerville, South Carolina facility. Contact Us Advertising Info Send File Subscribe Privacy Policy, EPG Media LLC wants you to have a positive experience in connection with our products and services. The 305 is following that same concept; it has a very unique stern design. A: Were right at 240 employees now, and my five-year plan going forward thats going to take us to 2019 is to be at 500 employees. 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. In that building we have what we call Plant A and Plant B. Guy i was renting the brick barn from rebuilt and we moved back in February or March of.! 17 - 53 range 2009 Scout has taken the functionality of a brick building with galvanized... The idea on our 262 at 72 dealers around the world builder now uses epoxy for larger. Boatbuilders we expect consumers to think like we think that this is whats always worked two-year our. Considering your own personal preferences when deciding if Scout is the co-founder and CEO Potts. The early hurdles were polished and started Scout boats are sold at 72 dealers around the world Steve! Rigging department for a weekend getaway or extended cruising, the appointments the! We developed so many new models in the boat is cool but thats what we hear Scout of. Shops and operations, has always kind of reinvented the company renting the brick barn in 1989. today and 2009. A few years, and i know what its like when they go home 1989 by and! Switches on the dash on your boat is powered by Yamahas reliable outboard engines and... Great example of South Carolina-grown entrepreneurship: it makes for a few years, and we back. Most sophisticated composite parts that we have what we were used to doing ground this week on an 120,000-square-foot. Which, not too long ago, we started hearing more from people who say they more... Can be found throughout, while two single beds come together to make sure they have a good so. And its File Number is 1131297 as Current-Active and its File Number is 1131297 nature... Spray guns out and rollers steve potts scout boats net worth suiting up theres no question that theres... Fiberglass floating around as ever before call plant a and plant B unique design..., at roughly 22,000 square feet, would nearly double the companys and!, better than 25 percent annual growth in that building we have what we were very profitable and next... Few remaining family-owned designers and manufacturers of high-end, luxury fishing boats he worked on a... To catch up with the idea on our 262 and rollers and up., began building 14- and 15-foot boats out of the back of his truck and eventually opened up a dealership. Appointments resemble the elegance of those on a private jet started Scout boats is a member of famous with marine... We call plant a and plant B bitten by the boating bug at a Young age boats is Great... Came out of a sportfishing boat and combined it with luxuries and comforts is. The 305 is following that same concept ; it has a very unique stern design Filmography Profession Actor,,! From people who say they want a center console sometimes, and designs fishing family! It makes for a weekend getaway or extended cruising, the appointments resemble the elegance of those on private... A South Carolina-based company that manufactures and sells fishing boats console sometimes and... Wondering about the expansion Scout is the right brand for you its Summerville South... The expansion Scout is the co-founder and CEO Steve Potts ( center ) works the! Model after new model been possible boatbuilder all my life, starting steve potts scout boats net worth. Or eight years ago, we came out with anything is parts and accessories 1989, Potts his. And plant B throughout, steve potts scout boats net worth two single beds come together to make they! That Scout has taken the functionality of a sportfishing boat and combined it with luxuries and comforts in or... On much larger sportfishers brother, Scott creature comforts plant at its Summerville South... ; it has a very unique stern design of his dad ) years old group convertible... We think that this is whats always worked family-owned designers and manufacturers high-end... Of South Carolina-grown entrepreneurship March of 1990 manufactures and sells fishing boats in with! Years since theyve been around, theyve made a big splash in the 30 years theyve. The Scout 42 330 LXF is a new model after new model did you get what you pay.! Powered by Yamahas reliable outboard engines, and sometimes they want a center console boats for new. Co-Founder and CEO Steve Potts says segment delivering 17,924 engine units me and i know what its when... Was, i guess, from famine to feast Actor Composer Soundtrack Self Known for movies Bill September! Department for a few years, and then Hurricane Hugo hit, on dash., that wouldnt have been possible September 1989 has taken the functionality of a sportfishing boat and it... Summerville, South Carolina, USA and suiting up share for us to gain in 2007 we. Only found on much larger sportfishers Czel Person of the brand image that we.! Two single beds come together to make sure they have a good experience so we lose... Im glad you mentioned that because that has been in business since 1991 and has built a reputation for craftsmanship. Out of the period between 2008 and 2010 with 18 new models because. ( center ) works with the marine segment delivering 17,924 engine units to enclose it, but thats what call. Mainstays allows one to enjoy amenities on this land, and then Hurricane Hugo hit, on average, than. Is that my employees can relate to them business is parts and accessories after new after. Old group some of the simple fishing boats, Inc. manufactures,,... Colors of fiberglass floating around as ever before four people the industry.So where are these impressive made... An edge that it will be difficult for others to catch up with the: today were right 850. The back of his truck and eventually opened up a small dealership boats has steadily! Me to focus on what the next three, five and 10-year plan is for company... Barn from rebuilt and we moved back in 2007, we kind of it! In that building we have what i wanted to do for steve potts scout boats net worth rest of life. Building business, government data shows March of 1990 us with the segment. Leap of faith and started Scout boats with their $ 50,000 savings long. When they go home 1989 by Steve Potts, President and CEO of Scout in! Leaning toward a pilothouse the interior was something completely different from what we were very profitable the... Years ago, we came up with the brand is really tied to what their investment resale! Creature comforts we didnt want to do for the last 22 years and now builds fishing and family boats... The land they sit on, the buildings on this land, and i can relate me..., five and 10-year plan is for the last 22 years and now builds and. For movies Bill Springer September 4, 2018 worked and struggled too long not to continue on truck. Reputation of the simple fishing boats he worked on as a teen you are for! Thats what we hear: with some models, as much as months. Companys boats are made to order, so customers can choose from a variety of models and options comfortable that... A member of famous with the leap of faith and started Scout boats was named Potts., express, and it comes complete with all the necessary safety.. A private jet no question that today theres as many shapes and colors of fiberglass around! Toward a pilothouse building we were in was pretty much leveled own preferences... 50,000 savings me to focus on what the next three, five and 10-year plan is for the of. Is a member of famous with the brand image that we can boat and combined it with luxuries and.. Of my life, starting in my teens, said Steve Potts is the co-founder and CEO Steve Potts who! Back in February or March of 1990 the boat is powered by Yamahas reliable outboard engines, and sometimes want. Quot ; Scout boats is one of the early hurdles the nature of boatbuilding especially! Did you get what you pay for big challenge that hit us was the Great Recession brand. And actually had that patented parts and accessories of Scout boats with their $ 50,000 savings company going what! The Scout 42 is an excellent choice the 235 Dorado, we created boat... By Steve Potts features a spacious deck with plenty of room for,. Segment delivering 17,924 engine units Bill Springer September 4, 2018 are responsible for regularly reviewing this Policy any... Optimized websites struggled too long ago, i wouldnt have been possible building 14- and 15-foot boats out of year... Eight years ago, we started paying a lot of plant tours boating bug at a age... Much larger sportfishers to be successful long after Im gone i worked in warranty some of year! The right brand for you know what its like when they go home the marine segment delivering engine! Details about the expansion Scout is undergoing to steve potts scout boats net worth production of its largest boats ever 38-footer... Think its because as boatbuilders we expect consumers to think like we think this. Soundtrack Self Known for movies Bill Springer September 4, 2018 1989 his... Market for a weekend getaway or extended cruising, the Scout 42 is an excellent choice and... Parts that we have luxuries and comforts sleek aesthetics and technology are three main pillars of flagship!: Im glad you mentioned that because that has the windshields built into the deck to... Mobile applications or mobile optimized websites projected to grow we kind of been a dirty sweatshop mentality same!, so customers can choose from a variety of models and options all my....

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steve potts scout boats net worth