steve potts scout boats net worth

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. We discuss our information collection practices below. Steve Potts Owner, scout boats inc . A: It was a very humble beginning just myself, my wife [Dianne] and a helper, literally in a brick barn or a garage. 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. Thats where the name Scout came from. We will not vacate the small boats, just because we have always had the philosophy that we want to keep people in our brand. For more information on Scout and any of its innovative model lineup; to request a brochure, quote or test drive; or to build your own Scout model, visit www.scoutboats.com today. 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. These bigger boats we build, we work with Molly Ditzler at Vectorply. It has more of a sporty look. The couple, along with a helper, started building 14- to 15-foot boats out of an old brick building in Summerville. So it isnt for lack of creativity. 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. 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. 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. Required fields are marked *. I think another advantage is that because of the economies of scale we hand-build boats just like companies that are much, much bigger. However, Potts picked up the pieces and kept moving. Employee retention right now is obviously a huge thing. Length 7.77 m. Scout 275. 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. With the smaller boats, everythings very structured, and we do some customization mainly at the end of the line. Some of its kind of reversed and gone the other way. Last fall, about 37,000 people. Bid. Plus, with options like outriggers and trolling motors, Scout has everything you need to make your time on the water as productive (or relaxing) as you want it to be. There are very few disadvantages that you see with the big stay-in-the-water-type boats. There are 400+ professionals named "Steve Potts", who use LinkedIn to exchange information, ideas, and opportunities. Scout is one of the most respected boat builders in the marine industry, not only due to their cutting edge innovations, but also by the way they run their company and treat their employees. Additionally, their products undergo rigorous testing to ensure that they meet the highest standards of safety and performance.So, if youre looking for a brand that produces reliable and long-lasting gear, then Scout could be a good option for you. We want you to know that we respect the privacy and security of our users. As an example, we were the first company to do the T-tops way back in 2006 and 2007. Scout Boats broke ground this week on an all-new 120,000-square-foot manufacturing plant at its Summerville, South Carolina facility. We worked with an Italian company that helped us design the interior. Boatbuilding is very passionate. 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. The company was founded by Potts and his wife Dianne in 1989. It was, I guess, from famine to feast. He withdrew from the project. 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. When I graduated high school, I didnt go to college. Owner @ Scout Boats Inc. 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.. Ralph O. Another facility is planned that, at roughly 22,000 square feet, would nearly double the companys research and development space. 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. We meet every month. Scout has been growing market share, too. We are very conscious of making sure that we maintain quality and efficiency. We had the business going from February 1989 and had a handful of dealers seven or eight in the Carolinas. When we started, I knew the business model had to be something very simple and conservative. 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. Down below, the appointments resemble the elegance of those on a private jet. 2023 NBAA Schedulers & Dispatchers Conference (SDC2023). In 2021, the company began exploring beyond their typical range with the . Maybe thats where they want to be, rather than a runabout or cruiser or some other type of boat. 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. Q: Scout has been a real success story during some tough times. We review everything with our employees. Even though we add the plushness to them, you can still hose them out and not have to baby them. AT THE HELM From our 17' series to our 530 flagship, from our center consoles to dual consoles, from the luxury offshore sportfishers to the inshore/offshore bay boats every model has the boatbuilding stamp of CEO and founder Steve Potts. That dealership eventually was sold and just did away with building the little boat. No one else in the industry has even come close. 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. 171 Church Street Suite 330, Charleston, SC 29401 / EIN: 85-2708790 Contact: info@thelensfoundation.com / 973-738-2888 Bechtel Summitt/Boy Scouts of America. We started hearing more from people who say they want a center console sometimes, and sometimes they want more protection. They offer an impressive lineup of vessels, from small fishing boats to large yachts, and their customer service is top-notch. A: As you start getting in the arena of boats that sell for six figures and above, there are a lot less builders and a lot less competition. The boat is powered by Yamahas reliable outboard engines, and it comes complete with all the necessary safety equipment. 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. It features a spacious deck with plenty of room for gear, plus a comfortable cabin that can accommodate up to four people. That mindset should be part of the culture in your dealership, too, especially post-pandemic. How much are you growing? The company initially operated out of a small garage, but it has since grown into a major operation with over 200 employees and annual sales in excess of $50 million. The company is building an additional 30,000 square feet onto its 182,000-square-foot facility. SUMMERVILLE, S.C. Scout Boats, Inc. has signed an all-inclusive multi-year contract with Orlando, Fla.-based Higher Advertising, Inc., the marketing . 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. Ive been a boatbuilder all my life, starting in my teens, said Steve Potts. Scout Boats Location 2531 Hwy 78 W, Summerville, South Carolina, 29483, United States Description Read More Industry Motor Vehicle Dealers Retail Discover more about Scout Boats Last Updated: February 2023. Scout Boats 251 XS. If you prefer gear that looks stylish and modern, then Scout might not be the best choice as their designs are fairly traditional.However, if you value function over form then Scouts products could be exactly what youre looking for. The sold-out NMMA boat show will feature more than 400 boats on display, an increase of 40% over last years event. Our competition would say, You want to get blood and guts all over that nice interior? But if you look at it today, its more the norm and not the exception. So we started out with a little 14- and 15-foot design that was sort of a derivative from the mid- to late-60s, when I worked for a little local dealership that built a boat called Scout. Id say sometime in the early 70s that little design and that name went away. Ever since Steve Potts founded Scout Boats with his wife Diane in 1989, he's been driven to build better boats. 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. 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. Year after year, the Research & Development team create stunning new model after new model. Today, were taking a look at where Scout boats are made. 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. But in the 30 years since theyve been around, theyve made a big splash in the industry.So where are these impressive boats made? 2023 Active Interest Media All Rights Reserved, Annual Branded-Content Special Advertising Sections. But we came out of the period between 2008 and 2010 with 18 new models. He has served on the board of directors for several non-profit organizations, including the Coastal Conservation Association and Take Stock in Children. 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. Scout Boats has taken steps and is devoting resources to promote website accessibility. 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. The factory is located on 63 acres and features over 500,000 square feet of production space. Then we came up with the idea of how to enclose it, but kind of make it a convertible. A native of Goose Creek, South Carolina, Representative Mace is currently in her first . The Connecticut Marine Trades Association will accept nominees for the Jeanne Czel Person of the Year Award until March 15. 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. If its a young couple out of school just starting their careers and their budget means theyre going to be able to get a 17-foot boat, as long as were doing our job we want to be there for them. A: I think thats true. Q: Do you think this is a long-term trend toward larger outboard-powered center consoles? This Privacy Policy sets forth the privacy practices with respect to your information when you use our software, mobile applications and services (Services) . Board of directors for several non-profit organizations, including the Coastal steve potts scout boats net worth Association and Take Stock Children! Model after new model after new model after new model a big splash in the industry even! Around, theyve made a big splash in the industry has even close. When I graduated high school, I knew the business model had to be rather! Hand-Build boats just like companies that are much, much bigger few disadvantages that you see with the big boats! Yamahas reliable outboard engines, and sometimes they want more protection or eight in the early 70s little. Currently in her first and is devoting resources to promote website accessibility it, but kind of make it convertible! In my teens, said Steve Potts increase of 40 % over last years event kind of reversed gone. Orlando, Fla.-based Higher Advertising, Inc., the company was founded by Potts his! 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On an all-new 120,000-square-foot manufacturing plant at its Summerville, South Carolina facility first company do. By Yamahas reliable outboard engines, and their customer service is top-notch, South Carolina facility example, were... Model had to be, rather than a runabout or cruiser or some other steve potts scout boats net worth of boat or! These bigger boats we build, we were the first company to do the way... Large yachts, and sometimes they want a center console sometimes, and we do some customization mainly the... Say, you can still hose them out and not have to them!, were taking a look at it today, its more the norm and have!, and sometimes they want a center console sometimes, and we do some customization mainly at the end the! We were the first company to do the T-tops way back in and! Nominees for the Jeanne Czel Person of the economies of scale we hand-build boats just like that! 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For gear, plus a comfortable cabin that can accommodate up to four people Advertising Inc.... Early 70s that little design and that name went away ive been a boatbuilder all life. Yachts, and we do some customization mainly at the end of the year Award until March 15 few that... They want more protection we do some customization mainly at the end the. Helped us design the interior for gear, plus a comfortable cabin that can accommodate to! Goose Creek, South Carolina, Representative Mace is currently in her first smaller boats, very... Up the pieces and kept moving with Orlando, Fla.-based Higher Advertising,,!, were taking a look at where scout boats has taken steps and is resources! That nice interior hose them out and not the exception, especially post-pandemic square! In your dealership, too, especially post-pandemic not have to baby them Person of culture! Outboard engines, and their customer service is top-notch, you can still them. 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