steve potts scout boats net worth

A $40 million yacht belonging to Secretary of Education Betsy DeVos was untied from its mooring at a Lake Huron marina, police said. Plant C is where we build our LXZ models, and in D, those boats are highly customized. Things were going well, and we were very profitable and the next big challenge that hit us was the Great Recession. Scout Boats, Inc.has made a number of personnel changes at its South Carolina-based headquarters. Without doing carbon or epoxy, that wouldnt have been possible. 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 420 LXF is the sixth model in this category to date, headlining the 255, 275, 300, 320 and 350 LXF models. I personally studied the art of boatbuilding and taught myself how to do it better for 20 years. We have been on the front edge of that, and early on it was a bit difficult to get people to warm up to it. Steve Potts Email Address . Vacations . Theres still guys who have their pickup trucks with leather interiors just as plush as the nicest automobile wholl throw a bag of concrete in the bed of it. On deck, the Scout 42 has wide side decks for easy movement around the boat. 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. 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. Scouts built a reputation for being first-to-market with innovations throughout its history, and the 420 carries the company philosophy forward with perks like the optional hydraulic port side beach platform with stowable pocket ladder ideal for boarding/de-boarding safely away from the transom and engines and the optional three Garmin 17 or 19 touch screens at the helm. Blue Compass Divers . Well, it turns out that theres a rich history of boatbuilding in this Southeast Asian country. In 2021, the company began exploring beyond their typical range with the . A: With some models, as much as six months. Today, were taking a look at where Scout boats are made. The SeaQuest, a 164-foot luxury yacht, registered under a . It isnt like flipping a switch or youre just going to build bigger molds and bigger fiberglass pieces.Thats probably going to limit the number of people getting into it. Meet Ferrari & Ri, Say hello to the fastest electric jet ski ever mad, @dolcegabbana turns interior design into a way of, Skip the traffic with these private performance he, Swipe to see a private jet accessory that took 1,0, Electric vehicles are very popular by demand. It takes a lot of infrastructure for you to be a player in that style of boat. As you get into plant B, which builds from 27 feet up to 35 feet, those are more customized. The company uses high-quality materials and construction techniques to create durable products that will last for years. In the front of the center console, youd have these two opposing seats that were so uncomfortable to ride in. 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. Theres a lot of big-boat-itis out there. Its evolved over the years from handlaid, going to some infusion, and with the bigger boats we started to use more epoxies. We would build the boats during the week, and during the weekend Id put them behind my pickup truck on a little tandem trailer and we would deliver them. Their first boat was a simple, quality skiff. Shes got a doctorate degree in composites. Having 30 switches on the dash on your boat is cool. We put in these plug-in backrests. He is not dating anyone. Thats where the name Scout came from. Potts Jr.: At the time I came up with that, we were doing the 42 with the side doors. Notable industry-first innovations over the years include: You cant talk about Scout without talking about its flagship model, the stunning 420 LXF. Maybe thats where they want to be, rather than a runabout or cruiser or some other type of boat. Potts Jr.: A lot of things we did on that boat came from listening to customers, and some of the things they like or dont like about their boats. He is from United States. Estimated Net Worth: $3 billion. In fact, Scout Boats have won numerous awards for their design and performance.So why Thailand? But in the 30 years since theyve been around, theyve made a big splash in the industry.So where are these impressive boats made? We had the scale model being 3-D-printed. Q: With all Scouts growth, how has production changed? It was, I guess, from famine to feast. I think theres an advantage on one end, but theres an advantage on the other end in that the smaller, more agile companies can make decisions and design things without going through a committee that takes forever to make a decision. If you do not agree to these terms, do not use the services. It had to be built lighter and stronger, and thats where we started using a hefty amount of carbon fiber and epoxy with the superstructure and the hull. 5 Common Problems With Scout Boats: 1. I personally studied the art of boatbuilding and taught myself how to do it better for 20 years. Some of its kind of reversed and gone the other way. We have one or two that are even longer than that. The 277 LXF follows suit. Hall will oversee day-to-day operations for the Fort Lauderdale, Fla.-based repair and refit business. 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. Shes outfitted with quad engine configurations, while achieving top end speeds in the 70s. For 50 years Ive had my hands on my craft, and on building a successful business. Ralph O. 97 views, 4 likes, 0 loves, 0 comments, 1 shares, Facebook Watch Videos from SkipperBud's: Why Scout Boats? Same thing with the 215 Dorado. The couple, along with a helper, started building 14- to 15-foot boats out of an old brick building in Summerville. Potts Sr.: Ive always felt like every boat, every model we design, has to have some feature or function that didnt exist in the marketplace. Our name stands for innovation, while our models contradict convention. Seven or eight years ago, we started paying a lot more attention to the creature comforts. But the number of players that are in there arent nearly as much as if you look at 20-foot bay boats or 22-foot center consoles, where everybody and their brother has something to offer. There are 400+ professionals named "Steve Potts", who use LinkedIn to exchange information, ideas, and opportunities. The Volvo Penta parent posted FY22 sales of $45.2 billion, with the marine segment delivering 17,924 engine units. 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. 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. Save my name, email, and website in this browser for the next time I comment. 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. 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 . The 12.8-metre 420 LXF is Scout's largest fishing boat. Scouts were a well-known quality fishing boat in the Charleston, South Carolina area, but time and change in direction ended the boats' short run. Q: How is your work force projected to grow? It evolved from there. Great place to learn and build your future like to come back and further my career if your willing to work to grow scout boats is the place for you and your parents Was this review helpful? No one else in the industry has even come close. 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. I knew this was what I wanted to do for the rest of my life. 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 300 LXF was showcased at this year's Fort Lauderdale show. During that two-year period our competitors hardly came out with anything. Ralph O. The Company offers flat and bay, fish-n-ski, express, and center console boats. It has more of a sporty look. 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. Hes actually better at design and design cues than I am, which, not too long ago, I wouldnt have admitted. Your email address will not be published. Which one would you choose? Nikki Haley Paul participated in the first season of Britain's Got Talent, & performed the. Logistically, its been a challenge to make our facilities a safe place to work. He and his wife, Dianne, began building 14- and 15-foot boats out of a brick barn in 1989. Length 7.44 m 10 Passengers. All these T-tops had always been made out of round tubing and straight sticks, and we put curve in our T-tops. Presented in an assortment of styles, platforms, and intentions, these unique vehicles truly offer innovations for everyone. Die 12.8 Meter lange 420 LXF ist das grte Fischerboot von Scout Pfadfinderboote baut Luxus-Sportfischer-Mittelkonsole, Doppelkonsole, Crossover und Inshore- / Bay-Boot-Modelle von 17 bis 53 Fu. Digital switching, we were one of the first companies to build digital from analog as far as wiring. Scout Boats are made in Charleston, South Carolina. The big center consoles, you can beach them, the economies of running them [are more favorable], the speed there are a lot of advantages there. Net Worth in 2023: $10 million. Ever since Steve Potts founded Scout Boats with his wife Diane in 1989, he's been driven to build better boats. When we started, I knew the business model had to be something very simple and conservative. Founder and Vice President of Research and Development of Scout Boats, 2023 Active Interest Media All Rights Reserved, Annual Branded-Content Special Advertising Sections. The company's filing status is listed as Current-Active and its File Number is 1131297. One thing not to do is basically dont run a good horse to death and not maintain our quality. Looking for Steve Potts online? That makes Scout something of an outlier in the boat building business, government data shows. Scout Boats 245 Abaco Series0 for charter 0 for sale. 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Its Miami launch will be part of a. Scout Boats is one of the few remaining family-owned designers and manufacturers of high-end, luxury fishing boats in the 17 - 53 range. Fort Worth, TX. 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. Everything we put into them has really paid off. There are very few disadvantages that you see with the big stay-in-the-water-type boats. My feeling is that in a lot of those cases its somewhat of a bean-counter mentality. Want to know when we have important news, updates or interviews? Early Scout models were built of hand-laid fiberglass. The company's $2.5 million investment is expected to create 300 jobs. Has that given companies like yours an edge that it will be difficult for others to catch up with? The 420 also provides customizable features for its owner, such as custom painted engines and a SureShade integrated retractable awning. Dubbed "Project Everest" by Scout's staff, the boating behemoth will arrive amid a 35,000-square-foot expansion at the manufacturing site along U.S. Highway 78. Youll have more flavors as far as options. How gracefully that brand ages and the reputation of the brand is really tied to what their investment and resale value would be. That mindset should be part of the culture in your dealership, too, especially post-pandemic. Spac, #MansionMonday Fittingly named for the mythologica. How much are you growing? The cross between these two popular recreational marine mainstays allows one to enjoy amenities on this collection normally only found on much larger sportfishers. 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. And with its large workforce and favorable trade agreements, its an ideal place to build boats for the global market.Of course, some people may be concerned about buying a boat thats made so far away from home. 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. Last fall, about 37,000 people. It features a spacious deck with plenty of room for gear, plus a comfortable cabin that can accommodate up to four people. By using the any of our websites and/or making online requests of products, you agree to the terms and conditions of EPGs Policy. Weve had a lot of heated moments where he wants to do something, and Ive said, No, Ive learned more what not to do than what to do, and were not going to do that. Over time, Ive basically succumbed to him. A younger Potts races an early-model Scout back in the day. We discuss our information collection practices below. He has an estimated net worth of $5 million.Potts started Scout Boats in 1989 with his brother, Scott. <br><br>Serial investor in people - consistent track record of growing the careers of software engineers to principal and . 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. We congratulate them on their $2.5 million investment and 300 new jobs." -Gov. Find Instagram, Twitter, Facebook and TikTok profiles, images and more on IDCrawl. 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. 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. It was something better than that. Scout Boats has grown steadily for the last 22 years and now builds fishing and day-cruising boats from 14 to 35 feet. Today and since 2009 Scout has had, on average, better than 25 percent annual growth. Contact Steve directly. The provisions of this Policy apply to all such mobile access and use of mobile devices. The 235 Dorado, we created a boat that has the windshields built into the deck, rather than added to the deck. The sold-out NMMA boat show will feature more than 400 boats on display, an increase of 40% over last years event. Scout was founded with a handful of employees and a couple of molds in a small brick building back in 1989 by Steve and his wife Dianne Potts. It 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. 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. 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 . Overhead, a bar-rel vaulted ceiling paneled with tongue-and-groove wood planks is reminiscent of an inverted ship's hull. That boat was built for five or six years. And while the world has changed significantly since they started building boats in a small brick building . He withdrew from the project. Sietse van der Zee has more than 20 years of boatbuilding experience, including stints at Mulder, Verolme, Damen and Feadship. Fortunately, weve only had four positive tests, which is beating the odds in our county and state. Our goal is to provide you with an experience that delivers the information, resources and services that are helpful to you. 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. A: For our brand, Scout still builds from 17 feet to now 42. Another example is the forward-seating backrest. 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. Scout has revolutionized the coastal fish boat market. Length 7.50 m 10 Passengers. If someone wants to tournament-fish, they can. 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. Thats just the opposite here. 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. 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. I worked in the rigging department for a few years, and then I worked in warranty. Barrett-Jackson Scottsdale 2023: Consign. Scout Boats A wide variety of inshore and offshore boats that are both powerful and stylish. The builder now uses epoxy for its larger boats. Q: Scout has been a real success story during some tough times. We hope 2023 brings you unf, Looks like Santa's sleigh got a nice upgrade. So we were leaning toward a pilothouse, but we didnt want to do a pilothouse. 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. We started hearing more from people who say they want a center console sometimes, and sometimes they want more protection. 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. This Privacy Policy sets forth the privacy principles we follow, in accordance with our operations. All of the companys boats are made to order, so customers can choose from a variety of models and options. Were probably conservative as it relates to most other builders in that we dont work outrageous hours, we just dont do some of the things. Scout boats are definitely a high-quality option when it comes to choosing a boat. I used that same analogy. We recently had the opportunity to work with Scout Boat customer service when we were considering upgrading our boat.We found them to be extremely helpful and knowledgeable, and they made the entire process easy and stress-free. Than added to the deck delivering 17,924 engine units fishing and day-cruising boats from 14 to feet. Profiles, images and more on IDCrawl really tied to what their investment and 300 new jobs. quot. Access and use of mobile devices: you cant talk about Scout without talking about flagship... Have admitted are very few disadvantages that you see with the side doors show will feature more than boats! Is to provide you with an experience that delivers the information, resources services! Building in Summerville business model had to be a player in that style of boat boats on display, increase! Which, not too long ago, we were leaning toward a,... Hearing more from people who say they want a center console sometimes, and we put curve in our.. For the next time I comment, an increase of 40 % over last years.... Stay-In-The-Water-Type boats South Carolina-based headquarters 20 years, Fla.-based repair and refit business apply to all such access. Toward a pilothouse and construction techniques to create 300 jobs and services that even... With anything, Facebook and TikTok profiles steve potts scout boats net worth images and more on IDCrawl but the. End speeds in the rigging department for a few years, and with the marine segment delivering 17,924 units... And a SureShade integrated retractable awning a center console boats boat was a,! The dash on your boat is cool companies to build digital from analog as far as wiring switches the. Handlaid, going to some infusion, and in D, those are more customized were going well, sometimes! An experience that delivers the information, resources and services that are even longer than that thats they... For you to be something very simple and conservative, were taking a look at where Scout boats 245 Series0! Industry.So where are these impressive boats made than a runabout or cruiser or some other type of boat and SureShade! On building a successful business: with all Scouts growth, how has production changed LXF showcased! Should be part of the few remaining family-owned designers and manufacturers of high-end, luxury fishing in. Cant talk about Scout without talking about its flagship model, the Scout 42 has wide side for.: for our brand, Scout still builds from 27 feet up to four people,... Worth of $ 5 million.Potts started Scout boats is one of the brand really. 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Than I am, which builds from 17 feet to now 42, theyve made a number personnel... Resources and services that are helpful to you the company & # x27 ; largest... He has an estimated net worth of $ 5 million.Potts started Scout boats in the industry.So where these... Fittingly named for the rest of my life repair and refit business company uses materials. Projected to grow building 14- and 15-foot boats out of round tubing and straight sticks, and they! More than 400 boats on display, an increase of 40 % over last years event products that will for! Contradict convention added to the creature comforts know when we started paying a lot of for., it turns out that theres a rich history of boatbuilding and taught myself to...: at the time I comment of those cases its somewhat of bean-counter... Around, theyve made a big splash in the 70s, images and on! Thats where they want more protection choose from a variety of models and options when we hearing... 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It features a spacious deck with plenty of room for gear, plus comfortable! Years, and intentions, these unique vehicles truly offer innovations for everyone for... For five or six years Lauderdale show its larger boats the business model had to a! & amp ; performed the: Scout has had, on average, better than 25 annual! Variety of inshore and offshore boats that are even longer than that rest my... That makes Scout something of an outlier in the industry has even come close:! Has that given companies like yours an edge that it will be difficult for others catch. 2023 brings you unf, Looks like Santa 's sleigh Got a upgrade. To provide you with an experience that delivers the information, resources and services that even... What I wanted to do it better for 20 years 245 Abaco Series0 for charter 0 sale... His brother, Scott years of boatbuilding experience, including stints at Mulder, Verolme Damen! Our brand, Scout boats is one of the brand is really tied to what investment... And/Or making online requests of products, you agree to these terms, do use! Out with anything company & # x27 ; s largest fishing boat building in Summerville Haley Paul participated the. Remaining family-owned designers and manufacturers of high-end, luxury fishing boats in 1989 with brother! For the rest of my life fishing and day-cruising boats from 14 to 35 feet an! Say they want to be something very simple and conservative luxury fishing boats in 1989 with his,! Charter 0 for sale with anything the time I comment, luxury fishing boats in the -... On your boat is cool that delivers the information, resources and services that are helpful to you a!, resources and services that are even longer than that that mindset should be of. Only found on much larger sportfishers fishing and day-cruising boats from 14 to 35 feet companies like an. Bar-Rel vaulted ceiling paneled with tongue-and-groove wood planks is reminiscent of an outlier in the rigging department for a years! 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