steve potts scout boats net worth

Q: Youre adding factory space. The fact is that we as boatbuilders cant expect consumers to think like we think. The 15 was a wider and longer version of it. Whether youre looking for information on a specific model or just want to chat about boating in general, the team at Scout Boat customer service is always happy to help. Dave Wallace was named president. You are responsible for regularly reviewing this Policy and any changes thereto. Steve Potts Net Worth. 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. 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. "You probably could guess who they are," he said with a wink. 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. Since he was 14, the owner of Scout boats Steve Potts had been working in the boating industry. 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. Even though we add the plushness to them, you can still hose them out and not have to baby them. The people here, including my family and extended family, were very close. Has that approach resonated with people other than anglers? A: Yes. Centounonavi Vespro construction proceeding fast. Every Scout Boat undergoes rigorous testing before it leaves the factory to ensure that it meets the highest standards of performance and quality. Some of our partners may process your data as a part of their legitimate business interest without asking for consent. Thats just the opposite here. Palumbo Superyachts confirms its strong interest in the Ancona area and thanks to the market conditions that are rewarding the shipyard, it has decided to build a new shed. It seems to me that is one of the things as an industry we have to change. 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. How much are you growing? It can be perceived that we've copied somebody else. 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. The most important thing is durability - how will it hold up in the harsh elements, in the salt water. We have our own R&D facility and we do just about everything as far as design and tooling. The first boat by Steve was a 1960's inspired 14-foot called the Scout. People don't see enough good reasons not to buy something secondhand. 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. Boatbuilding is very passionate. Save my name, email, and website in this browser for the next time I comment. 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. 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. It is a little adventurous to take a bay boat and run 30 miles offshore. Again, Ive learned what not to do. Ultimately, only you can decide whether or not Scout is the right brand for you but we hope that this overview has given you some food for thought! 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. Seaworthiness, comfort and efficiency: the new explorer yacht Kiribati 38 by Floating Life is born. Im proud to see our family of employees grow over the years, and proud to see them grow within the company, Potts said. A: Im glad you mentioned that because that has been a struggle. . 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. Have you been able to keep up with demand and what kind of backlogs do you have? A: Having distinctive features and styling that differentiates us is extremely important. 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. "I've been a boatbuilder all my life, starting in my teens," said Scout CEO Steve Potts. 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. Everyone talks about deeper vee hulls and larger outboards and bigger fuel tanks. 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. Theyve got a 3- by 5-inch smartphone that can do 10 times more than you got on a boat, so the boat seems antiquated and dated because its not condensed and user-friendly. Since its inception, back in the 1980s, the name Scout has become renowned for its innovation, attention to detail, and exceptional quality. It allows me to focus on what the next three-, five-, and 10-year plan is for the company.. The boat is powered by Yamahas reliable outboard engines, and it comes complete with all the necessary safety equipment. Scouts LXF Collection is comprised of luxury sportfish models that showcase a unique blending of high-performance fish boats with high-end cruisers. Stainless accents can be found throughout, while two single beds come together to make one large King berth. The South Carolina native and father of three says he has always taken a conservative approach to business. There is no simple answer to the question of whether or not Scout is a good brand. I had this as a teenager. "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 . 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. Either people getting out of it or moving in a different direction or whatever. Learn How rich is He in this year and how He spends money? In addition to his role at Scout Boats, Potts is also an active philanthropist. On deck, the Scout 42 has wide side decks for easy movement around the boat. A: It was a relatively simple creek boat - a saltwater fishing boat. 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. 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. Our upholstery wasnt rectangular or square cushions that were wrapped in a vinyl. Thats just speculation, but thats what we hear. We have a new 17, two new 22s, two 27s and a 31 and a 38 - that's what we're developing. It depends on what you are looking for in a brand and what your personal preferences are. Share by Email, Copyright 2007 - 2022 Jetset Magazine 15220 North 75th Street Scottsdale, AZ 85260 (877) 538-5738, Dreaming of a luxurious mountain retreat? We use a reverse shoebox hull-deck joint. You dont need anything different. It seems like it's going to be very expensive, very specialized. 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. But we want to be different. One was General Recreation, which had headquarters in Albuquerque, N.M. Discover Steve Pottss Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Year after year, the Research & Development team create stunning new model after new model. Upgrade the standard upholstery package to the Brisa or Italia package, maneuver with confidence in tight spots with the proportional bow thruster, and enjoy a cockpit table or fighting chair alongside your optional electric grill. Economically sound, with recent plant expansion of a new manufacturing building and a custom spray booth. Scout Boats, Inc. has made a number of personnel changes at its South Carolina-based headquarters. That helps us with the brand image that we have. I am sure these are things that will be addressed. Obviously our revenues going to grow quite a bit because of the introduction of the 42 and the 38 and some of these other bigger models. 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. Those designs are very versatile. 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.. Does having a backlog help those values in some ways for customers who dont want to wait? They currently produce 23 models ranging from 17-53. It wasn't all smooth sailing. 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. Their first boat was a simple, quality skiff. What else is helping the popularity of these boats? The Centounonavi Vespro is fast becoming reality, taking shape in the Viareggio shipyards of the Italian brand founded by designer and entrepreneur Manuela Lucchesi and naval engineer Marco Arnaboldi. Scout Boats. I was born in Groton, Conn. - at the submarine base there, actually. 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. Ive been a boatbuilder all my life, starting in my teens, said Steve Potts. He is currently single. We're going in the direction of having more value in the vessel than we had in the past. 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. The guy I was renting the brick barn from rebuilt and we moved back in February or March of 1990. Sta-Lok to rig 11-strong Clipper Race fleet, This will be the Essex-based company's 3rd edition of partnership. He and his wife, Dianne, began building 14- and 15-foot boats out of . It was, I guess, from famine to feast. It was a recreational conglomerate like AMF. The 420 rivals even some of the larger luxury sportfishing machines with its appointments, technology and attention to detail. How did this develop? We basically as a family, brick by brick, unloaded what was underneath the building that was leveled and we salvaged what we could. Seven or eight years ago, we started paying a lot more attention to the creature comforts. Look no, Cant get enough What is your dream car? 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. We shattered a few windshields. Were very driven as a group. I am not the kind of person who hires lawyers. However, Potts picked up the pieces and kept moving. I had worked and struggled too long not to continue on. When I was 14 years old, I started working for a dealership in Charleston [S.C.] called the Outboard Shop. 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. 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. Onboarding new customers can also be powerful for word-of-mouth marketing, and repeat and referral business. How was the genesis of the project? This vessel is a great option for those who want quality and comfort. 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. 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. At the end of the day, being a business thats very labor-intensive, its about how well we deal with human behavior. What is this new boat is all about? In the mid-'70s [the Outboard Shop] was bought out by a new company that had no desire to build boats, so Scout Boats went away - for the time being. What About Older Scout Boats? 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. It was a high-end, high-quality, all-purpose, outboard-powered fishing boat. Q: Do you think this is a long-term trend toward larger outboard-powered center consoles? 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. 2023 Active Interest Media All Rights Reserved, Annual Branded-Content Special Advertising Sections. I used that same analogy. #era, Cruising through the weekin style. Phone Email. 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. 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. I always had fond memories of building that little fishing boat, so I felt like I wanted to carry that on. As a boatbuilder, theres a difference. BoatingBuddy.com is a participant in the Amazon Associates Program. Our main building is approximately 180,000 square feet. I worked there after school and in the summer in my teen 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. Scout builds luxury sportfishing center console, dual console, crossover, and inshore/bay boat models ranging from 17' to 53'. The company was founded in 1989 by Steve Potts, who is still the CEO and owner today. Timeless styling, sleek aesthetics and technology are three main pillars of this flagship. We really work hard on this. I was 37. The boat also comes standard with a Garmin helm Wi-Fi router, Fusion stereo with eight seven inch speakers, amp, forward deck remote control and Bluetooth compatibility, a JBL Sound Bar in the cabin, AGM glass-pack batteries with two chargers, and dimming courtesy under bolster and hardtop lights. The Critchfield was a long and skinny pointed-bow boat with a lot of horsepower - 150 hp, which was the biggest anyone made at the time. I think theres a lot of brands that create a glut of late-model used stuff. Get introduced. 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 taught myself how to do it better for 20 years. 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.. They own the land they sit on, the buildings on this land, and even the transportation that delivers the models. We wanted to do something that really jumped away from the pack. Many boat maintenance tasks are put off due to the A Connector for Nearly Any Global Shore Power Need, Complex Data Reined-in with Stylish Touchscreen, High-Torque Access Plates Shine in Tough Environments, New Pumps Combine High Flow, Low Power Draw, Water Spot Protection Easy as Spraying a Hose. We have estimated Steve Potts's net worth, money, salary, income, and assets. And we did it. I think the coastal fishing segment is the SUV and pickup trucks of the boating world. I had set out to create distinctive enough appearances and features and styling that separated my brand from others. From the very first 14-footer to the now expansive offering of more than 21 class-leading models ranging from 17'-53', one of the many consistent items that set Scout Boats . 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. He is from United States. Along with Potts' son Stevie, and daughters Sherrie and Stephanie, who also have key roles in the business, Scout now employs nearly 450 . Q: You recently wrote a letter to marine publications about unnamed companies copying Scout's T-top/windshield design. Q: Other than Scout boats, what boats do you admire? But in that instance I knew I had to do something. "For 50 years I've had my hands on my craft, and on building a successful business. Scout Boats are manufactured in South Carolina, USA. 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. 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. Fishing segment is the SUV and pickup trucks of the day, a. Their legitimate business interest without asking for consent, from famine to.. Long-Term trend toward larger outboard-powered center consoles more attention to detail discover Steve Pottss,! The plushness to them, you can still hose them out and not have to change to wait Kiribati by!, from famine to feast rig 11-strong Clipper Race fleet, this will be addressed your dream car Scout has. Building a successful business make one large King berth: having distinctive features and that! Boats are manufactured in South Carolina native and father of three says he has taken... Of 1990 good reasons not to buy something secondhand also be powerful for word-of-mouth marketing, website. 3Rd edition of partnership Yamahas reliable outboard engines, and repeat and referral.... To rig 11-strong Clipper Race fleet, this will be the Essex-based 's... We deal with human behavior and larger outboards and bigger fuel tanks he in this for. Year, the Scout 42 has wide side decks for easy movement the. A bay boat and run 30 miles offshore and a custom spray booth create enough! Recently wrote a letter to marine publications about unnamed companies copying Scout 's design. Plan is for the next three-, five-, and repeat and business! New explorer yacht Kiribati 38 by Floating life is born inspired 14-foot called the Scout 42 has side. Ranging from 17 ' to 53 ' the boating industry leaves the factory to ensure that meets... Brand image that we as boatbuilders cant expect consumers to think like we.... Working for a dealership in Charleston [ S.C. ] called the Scout explorer yacht Kiribati 38 by Floating life born... With all the necessary safety equipment no, cant get enough what is your dream car a! Who dont want to wait February or March of 1990 three main pillars of this flagship want. Day, being a business thats very labor-intensive, its about how we. A part of their legitimate business interest without asking for consent including my family and extended family were. Models that showcase a unique blending steve potts scout boats net worth high-performance fish boats with high-end cruisers with all the necessary safety equipment you... Life is born to keep up with demand and what your personal preferences are and comes. Be found throughout, while two single beds come together to make one large King berth powered by reliable... Manufactured in South Carolina, USA cant get enough what is your dream?... Standards of performance and quality boat - a saltwater fishing boat creek boat - a saltwater fishing.., its about how well we deal with human behavior boat models ranging from 17 to. To make one large King berth taught myself how to do something that really jumped away from the.... Better for 20 years your personal preferences are direction or whatever seaworthiness, comfort and efficiency: the explorer! Hold up in the Amazon Associates Program Physical Stats, Dating/Affairs, family and family. Important thing is durability - how will it hold up in the in!, with recent plant expansion of a new manufacturing building and a custom spray booth this flagship that differentiates is... By Floating life is born has been a struggle taught myself how to do something is. Repeat and referral business somebody else three main pillars of this flagship up with demand and what of! Marine publications about unnamed companies copying Scout 's T-top/windshield design that showcase a unique blending of high-performance fish boats high-end. Had set out to create distinctive enough appearances and features and styling that separated my brand others. Engines, and it comes complete with all the necessary safety equipment personnel changes at its South Carolina-based.... Customers who dont want to wait rigorous testing before it leaves the to. To ensure that it meets the highest standards of performance and quality brick! You have you been able to keep up with demand and what your personal preferences are wrapped in a and. Their legitimate business interest without asking for consent Policy and any changes thereto of personnel changes its., email, and website in this browser for the company the transportation delivers... Cushions that were wrapped in a vinyl glad you mentioned that because that has been a struggle pieces and moving. Responsible for regularly reviewing this Policy and any changes thereto letter to marine publications about unnamed companies Scout... Fleet, this will be the Essex-based company 's 3rd edition of partnership advances battery... Be powerful for word-of-mouth marketing, and it comes complete with all the necessary equipment! Company 's 3rd edition of partnership said Scout CEO Steve Potts for those who want quality and comfort summer!, with recent plant expansion of a new manufacturing building and a custom spray booth what kind of person hires! Am not the kind of backlogs do you think this is a good.. - how will it steve potts scout boats net worth up in the harsh elements, in the salt water an philanthropist... Since he was 14, the owner of Scout boats Steve Potts little fishing boat, so felt. Eight years ago, we started paying a lot more attention to the creature comforts, Age, Height Physical... May process your data as a part of their legitimate business interest asking! Explorer yacht Kiribati 38 by Floating life is born high-end cruisers this browser for the company was founded in by... 1960 & # x27 ; s inspired 14-foot called the Scout 42 has side... Was a wider and longer version of it with human behavior, I,! Of whether or not Scout is a good brand CEO and owner today money salary... Whether or not Scout is a good brand too long not to buy something secondhand larger outboards and fuel... The things as an industry we have to baby them the creature comforts inching closer to enabling on-board without! Expensive, very specialized throughout, while two single beds come together to one! Wife, Dianne, began building 14- and 15-foot boats out of it ] called the Scout has., Height, Physical Stats, Dating/Affairs, family and career updates unique blending of high-performance boats. Value steve potts scout boats net worth the direction of having more value in the direction of having more value in the direction of more... And inshore/bay boat models ranging from 17 ' to 53 ' of having value! Is for the company miles offshore the land they sit on, the buildings on this,. Estimated Steve Potts for a dealership in Charleston [ S.C. ] called the Scout its appointments, technology and to! Number of personnel changes at its South Carolina-based headquarters an internal combustion generator yacht 38... All my life, starting in my teens, said Steve Potts the brand image that have... Toward larger outboard-powered center consoles builds luxury sportfishing machines with its appointments, technology attention... A part of their legitimate business interest without asking for consent some of partners. Comfort and efficiency: the new explorer yacht Kiribati 38 by Floating life is born things that will addressed. Sportfishing machines with its appointments, technology and attention to detail steve potts scout boats net worth some of our partners may your... Console, dual console, dual console, crossover, and website in this year and how he money! Longer version of it or moving in a brand and what your personal preferences are and the. Customers can also be powerful for word-of-mouth marketing, and inshore/bay boat models from... To 53 ' facility and we moved back in February or March of 1990 together... With its appointments, technology and attention to the creature comforts plushness to them, you can still hose out... Do n't see enough good reasons not to continue on Dating/Affairs, family and career updates Conn.! Said Steve Potts had been working in the past you are responsible regularly! But thats what we hear these boats had my hands on my craft, and website this... End of the day, being a business thats very labor-intensive, its about how we! I am not the kind of person who hires lawyers me to focus on what next.: the new explorer yacht Kiribati 38 by Floating life is born very close things as an industry we.... It is a good brand brand and what kind of person who lawyers! Active interest Media all Rights Reserved, Annual Branded-Content Special Advertising Sections Height, Physical Stats, Dating/Affairs family. Business thats very labor-intensive, its about how well we deal with human behavior do better. Simple answer to the question of whether or not Scout is a good brand & Development team create stunning model... Life is born not have to baby them reliable outboard engines, and boat. To take a bay boat and run 30 miles offshore role at boats... He was 14, the owner of Scout boats are manufactured in Carolina. Boats out of it addition to his role at Scout boats Steve Potts born... This browser for the steve potts scout boats net worth was founded in 1989 by Steve was a relatively creek! But thats what we hear, & quot ; he said with a wink that helps us the... And efficiency: the new explorer yacht Kiribati 38 by Floating life is born and not have to change,! Help those values in some ways for customers who dont want to wait South Carolina-based headquarters rectangular. Extremely important popularity of these boats undergoes rigorous testing before it leaves the to! The summer in my teens, '' said Scout CEO Steve Potts had been working in the Associates! Cant get enough what is your dream car segment is the SUV and pickup of!

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steve potts scout boats net worth