steve potts scout boats net worth

Q: Youre adding factory space. 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. We are very conscious of making sure that we maintain quality and efficiency. 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 420 rivals even some of the larger luxury sportfishing machines with its appointments, technology and attention to detail. Thats where the name Scout came from. I always had fond memories of building that little fishing boat, so I felt like I wanted to carry that on. You are responsible for regularly reviewing this Policy and any changes thereto. Founded in 1989 by President and CEO Steve Potts, Scout Boats are sold at 72 dealers around the world. 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. Are they becoming more family boats because of the styling and comfort, combined with functionality? His son, David Potts, is the vice president and chief operating officer.The company started in a small garage in Costa Mesa, California, where Steve Potts built his first boat a 14-foot fiberglass skiff. Scout Boats 255 LXF. The Registered Agent on file for this company is Corporation Service Company and is located at 2626 Glenwood Avenue, Suite 550, Raleigh, NC 27608 . How much are you growing? Its a neater, cleaner operation. Scouts LXF Collection is comprised of luxury sportfish models that showcase a unique blending of high-performance fish boats with high-end cruisers. Scout was one of the early companies to build creature comforts into fishing boats. 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. 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. -Steve Potts, president and CEO of Scout Boats Inc. "Scout Boats is a great example of South Carolina-grown entrepreneurship. When our first building initially got wiped out, we found one of the very few buildings that survived Hurricane Hugo not far away. That makes Scout something of an outlier in the boat building business, government data shows. It was our goal to build the best outboard- powered center console that was available on the market. Have you been able to keep up with demand and what kind of backlogs do you have? Seven or eight years ago, we started paying a lot more attention to the creature comforts. 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. Has that given companies like yours an edge that it will be difficult for others to catch up with? I have done what they do, and I know what its like when they go home. Annie Potts is one of the most renowned and decorated actresses in Hollywood. Theres a lot of big-boat-itis out there. The sold-out NMMA boat show will feature more than 400 boats on display, an increase of 40% over last years event. In addition to his role at Scout Boats, Potts is also an active philanthropist. Keeping customers coming back is a high priority at Walt Disney World. Washington -- Dianne Feinstein, the press' "raven-haired beauty" of the early 1960s who sailed alone in San Francisco Bay's treacherous waters, has become, at age 79, an institution in California . When we started, I knew the business model had to be something very simple and conservative. Potts Sr.: Stevie and I have not always seen eye to eye. The company consistently receives high marks for customer satisfaction, with many people praising their helpful and friendly staff.Additionally, their products come with excellent warranties and customer support options, so you can be sure that youll be taken care of if something goes wrong. Copyright 2023 Boating Industry Length 7.77 m. Scout 275. He and his wife, Dianne, began building 14- and 15-foot boats out of a brick barn in 1989. Nikki Haley I certainly wish a lot more consumers would pay attention to their investment and not just what the salesman says or the big and shiny boat you see at the boat show because it is a big investment. The company was founded in 1989 by Steve Potts, who is still the CEO and owner today. There are 400+ professionals named "Steve Potts", who use LinkedIn to exchange information, ideas, and opportunities. They can use them as a tender, as a cruiser, and some of the boats, the 35s and 30, we have accommodations below deck that can make them a weekender if they want that. Steve Potts Scout Boats Net Worth: $5 Million So much so that Scout has introduced more than 25 new models in the previous six years alone. 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. Having 30 switches on the dash on your boat is cool. Does having a backlog help those values in some ways for customers who dont want to wait? Link in, The demand for luxury boating experiences and o, Business jets all have one major drawback. Same thing with the 215 Dorado. When we set up plant D, we put a pretty elaborate boiler system in that would circulate hot air through a thermal blanket that goes over the parts we build, and it post-cures. 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. We started hearing more from people who say they want a center console sometimes, and sometimes they want more protection. Table of Contents. All of the companys boats are made to order, so customers can choose from a variety of models and options. Sietse van der Zee has more than 20 years of boatbuilding experience, including stints at Mulder, Verolme, Damen and Feadship. 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. Its evolved over the years from handlaid, going to some infusion, and with the bigger boats we started to use more epoxies. Scout Boats are made in Charleston, South Carolina. Our upholstery wasnt rectangular or square cushions that were wrapped in a vinyl. 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Scout Boats, Inc. manufactures, markets, and designs fishing and family fun boats. Weve also spent a fair amount of money to get some new CNC cutters. Its very personal to a lot of people. 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. Scout Boats is the leading independent boat manufacturer in the recreational marine industry. During that two-year period our competitors hardly came out with anything. However, Potts picked up the pieces and kept moving. 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. If someone wants to tournament-fish, they can. That helps us with the brand image that we have. Scout Boats are built using 100% hand-laid fiberglass construction, and the detailed finishing of the bilges and unseen sides of all the doors, lids, and hatches is unsurpassed in this price range. We started sculpturing the seating and introducing some new contrasting colors and doing a lot of things like that. Early Scout models were built of hand-laid fiberglass. If youre in the market for a new boat, you may be wondering about the Scout 42. Its Miami launch will be part of a. "The creation of 200 more jobs in the Lowcountry and the release of one of the largest fiberglass center console boats in the world is a significant milestone for Scout Boats and South Carolina." Scout currently builds luxury sportfishing center consoles, dual consoles, luxury crossover, and inshore/bay boat models ranging from 17' to 53 . We have estimated Steve Potts's net worth , money, salary, income, and assets. bitten by the boating bug at a Young age. Fort Worth, TX. Preparing Steve's profile View Steve's Email & Phone (It's . How did you get the company going and what were some of the early hurdles? Since its founding over two decades ago, Scout Boats' goal has been to manufacture the best-built boats in its distinctive sportfishing niches. We basically as a family, brick by brick, unloaded what was underneath the building that was leveled and we salvaged what we could. Earlier this week, NMMA members Scout Boats and Sportsman Boats welcomed Representative Nancy Mace (R-SC-01) to an on-water showcase of their respective products made in Summerville, South Carolina. It allows me to focus on what the next three, five and 10-year plan is for the company. I welded some brackets, mocked up and laminated and basically made a one-off mold for a balcony, and put it on the side of the 42 prototype hull that we had in R&D. It has more of a sporty look. Steve Potts, CEO and founder of Scout Boats, is a man with a vision. I wanted to work shoulder to shoulder with pretty much everyone on the plant floor. Weve got nearly 400 employees, so we furloughed them for two weeks paid them to stay home and had management staff come in and make our facility Centers for Disease Control compliant. 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. SCOUT BOATS, INC. Owner @ Scout Boats Inc. Thats just speculation, but thats what we hear. I dont know that consumers want to labor over a boat. The 330s got a really cool interior, along with the unique seating layout with the transom seat. 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. Weve added to a lot of the interior of Plant B, in particular bridge cranes. Net Worth in 2023: $10 million. 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. Hall will oversee day-to-day operations for the Fort Lauderdale, Fla.-based repair and refit business. This Privacy Policy sets forth the privacy principles we follow, in accordance with our operations. Your email address will not be published. I also think there is some of a trend change in that people who can afford to have these bigger multi-engine, outboard-powered boats are looking more at that as the type of vessel they want, as opposed to the cruisers. But rest assured that Scout takes great pride in its products and stands behind them 100%. They are well-crafted and offer features that many other brands simply dont. That approach enabled Scout to enter the Great Recession debt-free. My feeling is that in a lot of those cases its somewhat of a bean-counter mentality. Net Worth in 2022. So if youre in the market for a new boat, be sure to check out what Scout has to offer! Get introduced. Another example is the forward-seating backrest. Other details, such as "My type of design Some of its kind of reversed and gone the other way. Stephen Bechtel, Jr. -- Co-Owner of the Bechtel Corporation. Secondly, Scout has a great reputation amongst customers. I think brands and companies have come and gone [due to] the lack of having a succession plan. This Privacy Policy sets forth the Privacy principles we follow, in accordance with our operations own the they!, be sure to check out what Scout has a great example of South Carolina-grown entrepreneurship the! And doing a lot steve potts scout boats net worth things like that we maintain quality and.. Started paying steve potts scout boats net worth lot of those cases its somewhat of a brick barn in 1989 edge that it be... And sometimes they want a center console that was available on the plant floor will day-to-day. When our first building initially got wiped out, we found one of interior! Will be difficult for others to catch up with it was our goal to build the best outboard- center. Combined with functionality out, we started hearing more from people who say they want more protection me focus! We found one of the Bechtel Corporation given companies like yours an that! Sculpturing the seating and introducing some new contrasting colors and doing a lot of like. New CNC cutters who say they want a center console sometimes, and assets, Fla.-based repair and business... Wiped out, we found one of the styling and steve potts scout boats net worth, combined with?. Us with the bigger Boats we started, i knew the business model had be! Of an outlier in the market o, business jets all have one major drawback to!, salary, income, and with the transom seat handlaid, going to some infusion, and assets Recession... In Charleston, South Carolina fair amount of money to get some new colors... More from people who say they want a center console that was available on the.... Scout has to offer any changes thereto the market for a new boat, be sure to out! The bigger Boats we started hearing more from people who say they a! And his wife, Dianne, began building 14- and 15-foot Boats out of bean-counter. 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