steve potts scout boats net worth
I was one of the guys who tweaked bottoms to gain a mile an hour or two. I think theres a lot of brands that create a glut of late-model used stuff. We had the business going from February 1989 and had a handful of dealers seven or eight in the Carolinas. The bottoms of all of our fiberglass lids were polished. No one else in the industry has even come close. If youre in the market for a new boat, you may be wondering about the Scout 42. From the materials used to construct each boat to the precision assembly of each component, no detail is overlooked. 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. Id say sometime in the early 70s that little design and that name went away. Learn How rich is He in this year and how He spends money? 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. Weve built a team here that will continue to take us into the future, said Potts. 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. 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. On deck, the Scout 42 has wide side decks for easy movement around the boat. position Scout founder and owner Steve Potts as the Chief Executive Officer of the growing boatbuilder. We're going in the direction of having more value in the vessel than we had in the past. 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. That approach enabled Scout to enter the Great Recession debt-free. 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. #F, Living the Lavish Life: Inside Lady Gagas World, Sailing into a Sustainable Future! A: Today were right at 850 a year. As an industry, one of the things weve really tackled is doing some different things with the features, having the electrical and electronic systems be more integrated so its more like other consumer products. Seldn Mast expands range of Roller Bearing Blocks, Ideal for backstays, mainsheet arrangements and sheets for downwind sails. We dialed it in and incorporated it in our boats. 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. A: With some models, as much as six months. Scout Boats announced several promotions to start 2022, with company founder and owner Steve Potts named chief executive officer. 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 . It was an inner-liner boat and foam-filled. Thats how we got started. The new 50m luxury yacht is a unique project. At 54 years old, Steve Potts height is 170cm . 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. 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. The company was founded by Potts and his wife Dianne in 1989. In a lot of cases our industry goes back two and three decades in technology, even so much as analog wiring. Already a subscriber? The first boat by Steve was a 1960's inspired 14-foot called the Scout. Its part of their character and their designs, and I think once you lose that and you get a big group of people that is just going through the motions, I dont think its the same. It was in research and development for three years prior to its debut, getting outfitted with numerous state-of-the-art innovations and amenities. So much so that Scout has introduced more than 25 new models in the previous six years alone. I personally studied the art of boatbuilding and taught myself how to do it better for 20 years. Steve Potts Height, Weight & Measurements. Q: Scout has been a real success story during some tough times. 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 . It's a strong, durable building method. 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. As a new boating season gets underway, the top threat to boater access and businesses that depend on the marine industry is the federal governments proposed speed restrictions along much of the Atlantic coast of the United States. I was born in Groton, Conn. - at the submarine base there, actually. Steve Potts is the co-founder and CEO of Scout Boats, a South Carolina-based company that manufactures and sells fishing boats. 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." Stoicism is a quality most of us dont think much about, but it offers a few good lessons. That being said, the bigger boats, the LXF series in particular, which includes a 25, 27, 30, 32, 35, 42, and were just now starting development of a 38, those are luxury fishing boats. Do you think the smaller companies will emerge most healthy from this lingering downturn? I think the coastal fishing segment is the SUV and pickup trucks of the boating world. 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. County leaders and officials with Scout Boats Inc. near Summerville break ground Tuesday on the company's new 120,000 square-foot facility, the manufacturing site for the 530 LXF boat. Share on Linked In It was kind of like a racing boat that I used as a pleasure boat. It features spacious accommodations, including three staterooms and two heads. Overview. 3 midfirst.com; cox.net; hertz.com; 5+ 405922XXXX; 405204XXXX; 405943XXXX; 405767XXXX; 310270XXXX; 405403XXXX; Steve Potts President. Our main building is approximately 180,000 square feet. We want you to know that we respect the privacy and security of our users. Economically sound, with recent plant expansion of a new manufacturing building and a custom spray booth. They typically are handsome, with impressive workmanship and fit and finish. We and our partners use cookies to Store and/or access information on a device. A: Yes. Scout Boats, Inc. has made a number of personnel changes at its South Carolina-based headquarters. Steve Pottsmoves full time toCEOof the company, Dave Wallacehas been namedPresident, William Fergusonhas been promoted toVice President of Manufacturing,Courtney Guicehas elevated toAdministrative Vice President andStevie PottsisVice President of Product Development & Engineering. A: Its always been our motto here in R&D to create something that doesnt exist. 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. Because we developed so many new models, we kind of reinvented the company. It was unlike what most dealers had ever seen before, and there wasnt much competition because it wasnt a typical coastal fishing boat. Dave has been my right hand for 22 years running the day-to-day operations, and its only fitting that he assumes the role of president for the company hes been so crucial in helping grow for more than two decades.. I have done a lot of experimenting with hull bottoms to get better speed, better fuel efficiency, a softer ride. They own the land they sit on, the buildings on this land, and even the transportation that delivers the models. Even though we add the plushness to them, you can still hose them out and not have to baby them. We have a new 17, two new 22s, two 27s and a 31 and a 38 - that's what we're developing. Without advocacy, the marine industry wouldn't have a voice. A: As you start getting in the arena of boats that sell for six figures and above, there are a lot less builders and a lot less competition. View Anastasios Spontis's colleagues in Scout Boats Employee Directory. Naturally, we were curious, but Lang wasn't about to kiss and tell. The building we were in was pretty much leveled. 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. We started sculpturing the seating and introducing some new contrasting colors and doing a lot of things like that. 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). 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. So I made up my mind in the mid-80s to start working hard besides raising a family and coaching soccer and doing all the other things dads do to start working toward saving money and starting my own business. I personally studied the art of boatbuilding and self-taught myself how to do it better for 20 years. 2023 Active Interest Media All Rights Reserved, Annual Branded-Content Special Advertising Sections. I looked at this from a lot of different angles. It was something we spent a lot of time on. 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. "For 50 years I've had my hands on my craft, and on building a successful business. I repaired a lot of boats and I learned what not to do. EST-Floattech, a global leader in energy storage solutions, is pleased to announce the official launch of the Octopus Series battery system. Company Description:? The hull designs were very distinctive. Each Scout hull is a true original, as the in-house research and design team works closely with engineering to take concepts from blueprint to production more efficiently, growing the company's world-class reputation for quality, strength, durability and value. We use a reverse shoebox hull-deck joint. I always had fond memories of building that little fishing boat, so I felt like I wanted to carry that on. 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. 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. "For 50 years I've had my hands on my craft, and on building a successful business. For instance, our reverse-angle transom is aesthetically pleasing. And one of the first boats that I had was a Critchfield. Plus, at the Outboard Shop we also built our own raceboats. Boats are like everything else: you get what you pay for. Phone Email. The 15 was a wider and longer version of it. We developed lots of bigger models that were unique in styling and performance. When our first building initially got wiped out, we found one of the very few buildings that survived Hurricane Hugo not far away. It was all fiberglass. Ive heard you say that Scout is venturing into some larger models. To view the purposes they believe they have legitimate interest for, or to object to this data processing use the vendor list link below. He is not dating anyone. 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. A: Thats right. Also learn how He earned most of networth at the age of 53 years old? We discuss our information collection practices below. Scout Boats is a family-owned and operated business that has been building boats for over 50 years. Scout Boats, Inc. has made a number of personnel changes at its South Carolina-based headquarters. 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. Top Scout Boats Inc Employees Dave Wallace President, Scout Boats inc. Summerville, South Carolina . Today and since 2009 Scout has had, on average, better than 25 percent annual growth. That is a great design and easier to build than the way we do it. That was a poke in my eye. He is from United States. People don't see enough good reasons not to buy something secondhand. Q: How do Scouts hold up for resale? Everything we put into them has really paid off. 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. A: What pushed my button was I knew over the past couple years there were some things going on with companies developing the same concept [with tempered glass]. 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. That really helped me. The number of boats we produce will increase moderately, but not nearly as much as the revenue side because the bigger boats have so many more dollars in them. We knew that it was unique enough, so we protected it with a patent. The South Carolina native and father of three says he has always taken a conservative approach to business. 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. "I've been a boatbuilder all my life, starting in my teens," said Scout CEO Steve Potts. Did something stoke your fire? A: We still build four models today that incorporate the Air-Assist hull design, which is what we started with in 1989. William Ferguson, vice president of manufacturing. And if youre looking for a boat that can handle rough waters, Scouts deep-V hull is up to the task. 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. Supporting women's division at Nautique USA National Wakesurf Championship. However, we can take a look at some of the key factors that might influence your decision.Firstly, Scout is known for its quality products. At the time, there were a number of companies doing similar curved windshields, but we wanted to do something different. Scout was one of the early companies to build creature comforts into fishing boats. It seems to me that is one of the things as an industry we have to change. 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. Are they becoming more family boats because of the styling and comfort, combined with functionality? These are all things that are important to the boat. We review everything with our employees. Scout Boats, Inc. has promoted integral personnel at its South Carolina-based headquarters. In our Talkin' Boats interview, I wanted to find out how he caught the boating bug and what motivated him to become a builder. Weve added to a lot of the interior of Plant B, in particular bridge cranes. Q: I've seen the Scout 251 XS. 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. We wanted to develop a boat that could be used in shallow water, but also have the ability to put outriggers on it and run offshore and catch king mackerel. To kiss and tell He earned most of us dont think much about, but wasn... 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