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. Link in, The demand for luxury boating experiences and o, Business jets all have one major drawback. Again, Ive learned what not to do. 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. Scout Boats are made in Charleston, South Carolina. 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. Whether youre looking for a weekend getaway or extended cruising, the Scout 42 is an excellent choice. The company is up around 12.5 percent year-over-year, while its nearest competitive group is up around 3 percent, says sales manager Alan Lang. Steve Potts has been working as a Owner at Scout Boats for 34 years. Scout models arent just stunning to look attheyre also packed with many first-to-market innovations and features. Barrett-Jackson Scottsdale 2023: Consign. 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. Scout's 420 LXF, in development for three years, will be introduced in February at the Miami boat show. 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. Scout Boats has grown steadily for the last 22 years and now builds fishing and day-cruising boats from 14 to 35 feet. You dont need anything different. I think there is market share for us to gain. I was living my dream and paying bills and making ends meet and doing little things when I had time to develop different and bigger models. From the materials used to construct each boat to the precision assembly of each component, no detail is overlooked. Join Us At The Barrett-Jackson Scottsdale Auction Jan. 22-30! Table of Contents. During that two-year period our competitors hardly came out with anything. Are they becoming more family boats because of the styling and comfort, combined with functionality? Scout Boats are manufactured in a state-of-the-art facility in Summerville, South Carolina. He is from United States. Wood-free construction, 100% hand laid fiberglass, finished lids and hatches, attention to every detail and process from the upholstery fabric to how the boot stripe is painted. Scout has revolutionized the coastal fish boat market. Theres one hydraulic spinner that makes it do four or five different things. Founded in 1989, Scout is a relative newcomer to the world of boating. 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. Weve also spent a fair amount of money to get some new CNC cutters. 4.1K views, 70 likes, 0 loves, 1 comments, 7 shares, Facebook Watch Videos from Scout Boats: Founder & CEO Steve Potts gives us a little insight into. I want Scout to be successful long after Im gone. A: Today were right at 850 a year. Steve Potts, Scout Boats, Inc. Thomas Slikkers, S2 Yachts Jack Springer, Malibu Boats Jeff Stone, Skeeter Boats Inc. Rick Tinker, Skier's Choice, Inc. Peter Truslow, Bertram, LLC John Ward, Everglades* The EMD Board is comprised of: John Pfeifer (Chair), Mercury Marine Ron Huibers (Vice Chair), Volvo Penta of the Americas Theres a specification for each build that is unique to that build. -Steve Potts, president and CEO of Scout Boats Inc. "Scout Boats is a great example of South Carolina-grown entrepreneurship. As an Amazon Associate, We may earn from qualifying purchases. 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. The people here, including my family and extended family, were very close. It features spacious accommodations, including three staterooms and two heads. There are very few disadvantages that you see with the big stay-in-the-water-type boats. Scout Boats are actually built in Thailand!Thats right, these top-quality vessels are crafted in Asia. 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: Im glad you mentioned that because that has been a struggle. Sietse van der Zee has more than 20 years of boatbuilding experience, including stints at Mulder, Verolme, Damen and Feadship. The 300 LXF was showcased at this year's Fort Lauderdale show. Another example is the forward-seating backrest. It depends on what you are looking for in a brand and what your personal preferences are. We wanted a 20-ton boat that would run in excess of 60 mph. 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. Youll have more flavors as far as options. Ever since Steve Potts founded Scout Boats with his wife Diane in 1989, he's been driven to build better boats. The 330 LXF is a new model that stands on its own, Steve Potts says. What came out of that single-minded pursuit is the 530 LXF, rated to handle 2,700 horses, with a projected top speed of over 65 knots. Obviously, we cant control what happens when they leave here, but we did our part in making sure there was a safe environment for employees to work. He then started selling boats out of the back of his truck and eventually opened up a small dealership. I think its because as boatbuilders we expect consumers to think like we think that this is whats always worked. 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. Theres a lot of big-boat-itis out there. We review everything with our employees. Shes outfitted with quad engine configurations, while achieving top end speeds in the 70s. 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. That makes Scout something of an outlier in the boat building business, government data shows. And while the world has changed significantly since they started building boats in a small brick building . Im proud to see our family of employees grow over the years, and proud to see them grow within the company. Steve Potts (center) works with the design team, including Stevie (seated, right of his dad). Net Worth in 2022. I worked in the rigging department for a few years, and then I worked in warranty. That show was kind of a depressed show, but when we came away we had list of 31 dealers that wanted to sell our little boats. 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. The yacht Scout was built by Hakvoort in 2019.The 83m (209ft) yacht is designed by H2 Yacht Design.. Back in 2007, we came up with the idea on our 262. It features a spacious deck with plenty of room for gear, plus a comfortable cabin that can accommodate up to four people. The 330s got a really cool interior, along with the unique seating layout with the transom seat. I personally studied the art of boatbuilding and taught myself how to do it better for 20 years. 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. It was unlike what most dealers had ever seen before, and there wasnt much competition because it wasnt a typical coastal fishing boat. Q: This segment has been one of the few weve seen make a rebound. Either people getting out of it or moving in a different direction or whatever. Today, were taking a look at where Scout boats are made. They currently produce 23 models ranging from 17-53. Then I just sort of fell into R&D working with my dad and one other guy sanding plugs. The bottoms of all of our fiberglass lids were polished. "There seems to be two center console worlds - the hardcore fishing world and the cruising world," says Scout Boats president Steve Potts. 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. Underwater deck and bow cameras are available as well as underwater LED lights. 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. Scout Boats Scout boats are world-renowned for their design and range of luxury models from 17' to 53', each packed with timeless innovations, technology and trendsetting features. 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. Steve Potts Owner, scout boats inc . Everything we put into them has really paid off. 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. So we were leaning toward a pilothouse, but we didnt want to do a pilothouse. Boatbuilding is very passionate. Owner @ Scout Boats Inc. 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. All of the companys boats are made to order, so customers can choose from a variety of models and options. I think some web designer was trying to be just a little too cutesy. When was Scout Boats founded? Your email address will not be published. They began here in our state, and they continue to grow and strengthen our economy. The 420 rivals even some of the larger luxury sportfishing machines with its appointments, technology and attention to detail. Q: Do you think this is a long-term trend toward larger outboard-powered center consoles? 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. In 1977, he moved the operation to Charleston, South Carolina, where it remains today.Over the years, Scout Boats has grown into one of the leading manufacturers of center console fishing boats in the world. Scout Boats, Inc. manufactures, markets, and designs fishing and family fun boats. 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 basically as a family, brick by brick, unloaded what was underneath the building that was leveled and we salvaged what we could. I think that was done by net technologies. 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 worked with an Italian company that helped us design the interior. 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. If you do not agree to these terms, do not use the services. 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. The 305 is following that same concept; it has a very unique stern design. The Cove at Atlantis: Absolut Elyx Event Weekend, Symphony At Sea: A Glimpse Into LVMH CEOs $150 Million Superyacht, Scout produces the most innovative, best looking, highest performing and most fuel efficient models in its class. Net Worth in 2023: $10 million. We meet every month. 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 had the scale model being 3-D-printed. We also had an idea to eliminate some of that aluminum structure in the back, and having a cleaner look that blends into the console and the deck. Scout Boats broke ground this week on an all-new 120,000-square-foot manufacturing plant at its Summerville, South Carolina facility. The challenge is to make it look clean when its down and when its up. So I did. The ones that are out there, those customers are proud of them. 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. He and his wife, Dianne, began building 14- and 15-foot boats out of a brick barn in 1989. 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. Our main building is approximately 180,000 square feet. That boat was built for five or six years. Potts started Scout Boats in 1989 with his brother, Scott. A: I think thats true. A younger Potts races an early-model Scout back in the day. Looking for Steve Potts online? Ralph O. LXF for us is luxury fishing vessels. In a lot of cases our industry goes back two and three decades in technology, even so much as analog wiring. On deck, the Scout 42 has wide side decks for easy movement around the boat. 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. There are 400+ professionals named "Steve Potts", who use LinkedIn to exchange information, ideas, and opportunities. 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.. We started sculpturing the seating and introducing some new contrasting colors and doing a lot of things like that. But people wanted to live for the moment. I made up my mind that as soon as I made $50,000, that was going to be at the point where I was going to start my business. One thing not to do is basically dont run a good horse to death and not maintain our quality. In fact, some of the smallest companies grew share the most. The company was founded by Potts and his wife Dianne in 1989. One of the things thats unique about Scouts is the fit and finish. We discuss our information collection practices below. Fort Worth, TX. How did you get the company going and what were some of the early hurdles? He has served on the board of directors for several non-profit organizations, including the Coastal Conservation Association and Take Stock in Children. Q: And that plant will cost $2.5 million? And then Hurricane Hugo hit, on the 22nd of September 1989. The project was re-branded 'Something Cool', a reference to the Heineken family (since Alfred Heineken owned a yacht named Something Cool, which was a reference to his beer brewing company. We had the console mostly built. The SeaQuest, a 164-foot luxury yacht, registered under a . See who you know in common. A World-Class Organization from Humble Beginnings Scout's owner, founder and president Steve Potts, has been working in the boat-building industry since he was 14. Thats just the opposite here. 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. Certainly more labor-intense and more expensive, but there was better quality control as far as the consistency in the builds, part after part. That mindset should be part of the culture in your dealership, too, especially post-pandemic. I started in lamination, worked there for a few years starting with small-part lamination, and then went to consoles and decks and hulls. No one else in the industry has even come close. As it's a serious fishing boat you are certain to want to spend some time trolling and the 345XSF is a perfect platform for the task. Logistically, its been a challenge to make our facilities a safe place to work. The 277 LXF follows suit. 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. Preparing Steve's profile View Steve's Email & Phone (It's . We congratulate them on their $2.5 million investment and 300 new jobs." -Gov. I have done what they do, and I know what its like when they go home. Get introduced. 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. Because we developed so many new models, we kind of reinvented the company. COLUMBIA - 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. 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. At 7 knots (8mph) @ 1500rpm the Yamaha F300s consume a . He and his wife, Dianne, began building 14- and 15-foot boats out of a brick barn in 1989. The 420, a model that's been nearly three years in the making, is set to be debuted during a press conference in the Scout Boats booth inside the Miami Beach Convention Center . . In the front of the center console, youd have these two opposing seats that were so uncomfortable to ride in. Highest Scout Rank: Distinguished Eagle Scout, Silver Buffalo . Shes got a doctorate degree in composites. The sold-out NMMA boat show will feature more than 400 boats on display, an increase of 40% over last years event. 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. Scout Boats is the leading independent boat manufacturer in the recreational marine industry. Were very driven as a group. 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. Scout Boats, Inc.has made a number of personnel changes at its South Carolina-based headquarters. Paul Potts, the winner of Britain's Got Talent is an opera singer & performer. Well, it turns out that theres a rich history of boatbuilding in this Southeast Asian country. In that building we have what we call Plant A and Plant B. In order to achieve this goal, we may collect information from you. 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. 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 . Scout Boats 255 LXF. This site has features that require javascript. Scout Boats are manufactured in South Carolina, USA. Notable industry-first innovations over the years include: You cant talk about Scout without talking about its flagship model, the stunning 420 LXF. Hurricane Hugo leveled the barn, and son Stevie, only 12 at the time, helped his parents salvage what they could. The company is building an additional 30,000 square feet onto its 182,000-square-foot facility. 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. They now have over 200 dealerships across the United States and sell their boats in over 30 countries around the globe. Contact Steve directly. 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. 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. Maybe thats where they want to be, rather than a runabout or cruiser or some other type of boat. The company's $2.5 million investment is expected to create 300 jobs. 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. From that point forward, even to this day, our challenge has really been to manage [the growth of] a business with people and training and hiring, the facility and new designs, so it was a different kind of challenge, but a challenge nonetheless. You are responsible for regularly reviewing this Policy and any changes thereto. About Scout Boats: Scout builds sportfishing, fish 'n ski, walk around, flats and bay boat models ranging from 15' to 35'. 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. 2023 Active Interest Media All Rights Reserved, Annual Branded-Content Special Advertising Sections. SUMMERVILLE, S.C. Scout Boats, Inc. has signed an all-inclusive multi-year contract with Orlando, Fla.-based Higher Advertising, Inc., the marketing . Thats a very unique-looking boat. Heres what you need to know about the Scout 42:The Scout 42 is a luxurious cruising yacht that was designed with comfort in mind. Required fields are marked *. 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.. As you get into plant B, which builds from 27 feet up to 35 feet, those are more customized. Water In The Boat When Drifting Or Idle; 2. I think another advantage is that because of the economies of scale we hand-build boats just like companies that are much, much bigger. Q: How many boats are you building a year and will that also change? Steve's passion for boatbuilding . Copyright 2023 Boating Industry Bid. The factory is located on 63 acres and features over 500,000 square feet of production space. bitten by the boating bug at a Young age. The biggest thing for me is not having the title of the bosss son and being privileged to get to a management position. Ive heard you say that Scout is venturing into some larger models. 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. 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. Another facility is planned that, at roughly 22,000 square feet, would nearly double the companys research and development space. Scout was one of the early companies to build creature comforts into fishing boats. Digital switching, we were one of the first companies to build digital from analog as far as wiring. Along with Steve's 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. At the end of the day, being a business thats very labor-intensive, its about how well we deal with human behavior. We were able to do that on that boat because of it being 100 percent carbon and epoxy. It started with sweeping the floor to grinding molds outside a lot of the nasty work, but I certainly appreciated a job. When youre infusing something, youre not getting spray guns out and rollers and suiting up. Are you expanding your current footprint or adding buildings? 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. Salary: $1 million. I worked there after school and in the summer in my teen years. 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. 2023 NBAA Schedulers & Dispatchers Conference (SDC2023). BoatingBuddy.com is a participant in the Amazon Associates Program. Q: Many companies that actually grew during the tough years say they were conservatively run, which enabled them to step up model rollouts in those lean times. Share by Email, Copyright 2007 - 2022 Jetset Magazine 15220 North 75th Street Scottsdale, AZ 85260 (877) 538-5738, A few pics from last week's @doshombres x @popcorn, Presented in an assortment of styles, platforms, a, January 15, 2023, the annual @motorcarcavalcade we, Happy New Year to all! We will not vacate the small boats, just because we have always had the philosophy that we want to keep people in our brand. 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. Epoxy is a different animal in that its got to be post-cured. Already a subscriber? Steve Potts Scout Boats Net Worth: $5 Million A native of Goose Creek, South Carolina, Representative Mace is currently in her first . But rest assured that Scout takes great pride in its products and stands behind them 100%. The 70s and while the world has changed significantly since they started building in! 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