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. So, how much is Steve Potts worth at the age of 54 years old? Ive been a boatbuilder all my life, starting in my teens, said Steve Potts. Look no, Cant get enough What is your dream car? Theyve even created a series of short videos that bring you into the facility and show you exactly how the boats are made differently, and made better. A: Today were right at 850 a year. They had several paragraphs saying what a clever design this was, that [the builder had] incorporated tempered glass and the boat has this beautifully shaped T-top. Share by Email, Copyright 2007 - 2022 Jetset Magazine 15220 North 75th Street Scottsdale, AZ 85260 (877) 538-5738, Dreaming of a luxurious mountain retreat? In a lot of cases our industry goes back two and three decades in technology, even so much as analog wiring. Ive heard you say that Scout is venturing into some larger models. Things were going well, and we were very profitable and the next big challenge that hit us was the Great Recession. The purpose of the media campaign was an effort to get the media to understand that if you're going to write features, understand the history - and be accurate - before you publish such powerful statements. Now available with 120% more relief shading coverage to deliver intricate and clear bottom structure. Seven or eight years ago, we started paying a lot more attention to the creature comforts. Follow these simple instructions to enable JavaScript in your web browser. Get a D&B Hoovers Free Trial. I want Scout to be successful long after Im gone. From project to reality. Q: You recently wrote a letter to marine publications about unnamed companies copying Scout's T-top/windshield design. Were conservative about the ramp-up on something. They typically are handsome, with impressive workmanship and fit and finish. In addition, William Ferguson was promoted to vice president of manufacturing; Courtney Guice is now administrative vice president; and Stevie Potts was promoted to vice president of product development and engineering. The 300 LXF was showcased at this year's Fort Lauderdale show. "We've built a team here that will continue to take us into the future," said Potts. Steve Potts Height, Weight & Measurements. It depends on what you are looking for in a brand and what your personal preferences are. Dave Wallace was named president. A: We still build four models today that incorporate the Air-Assist hull design, which is what we started with in 1989. I know this because they happened to go to the same vendor that I was working with at the time. Boats are like everything else: you get what you pay for. One was General Recreation, which had headquarters in Albuquerque, N.M. Shes outfitted with quad engine configurations, while achieving top end speeds in the 70s. Copyright 2023 Boating Industry We meet every month. They offer an impressive lineup of vessels, from small fishing boats to large yachts, and their customer service is top-notch. We sold Boston Whaler, Bertram, Thunderbird and Ranger Bass boats, so I kind of learned the characteristics of quality boats. For 50 years Ive had my hands on my craft, and on building a successful business. He has served on the board of directors for several non-profit organizations, including the Coastal Conservation Association and Take Stock in Children. Learn How rich is He in this year and how He spends money? That has been a real challenge for boatbuilders - to develop new product, especially in the past few years. Q: There seem to be roughly the same number of builders as before the recession, despite so much hardship, but not all have thrived the way Scout has. It's a very clean, stylish look that functions very well. I personally studied the art of boatbuilding and taught myself how to do it better for 20 years. That was really important to me - I wanted people to know it was a Scout, even without seeing the name on the side. Scout Boats has grown steadily for the last 22 years and now builds fishing and day-cruising boats from 14 to 35 feet. Sta-Lok Terminals Ltd. is returning as the Official Standing Rigging Supplier for the upcoming edition of the Clipper Race. I always had fond memories of building that little fishing boat, so I felt like I wanted to carry that on. Scout builds luxury sportfishing center console, dual console, crossover, and inshore/bay boat models ranging from 17' to 53'. I continued in the boat business with a couple of different companies. He is currently single. His net worth has been growing significantly in 2020-2021. A: I can only speak about the coastal fishing boat market. "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 . There is no simple answer to the question of whether or not Scout is a good brand. Overview. Seldn Mast expands range of Roller Bearing Blocks, Ideal for backstays, mainsheet arrangements and sheets for downwind sails. Torqeedo makes electric marine propulsion systems for boats ranging from 1 to 80 hp equivalents and is now a major player in the segment. Id say sometime in the early 70s that little design and that name went away. Well, it turns out that theres a rich history of boatbuilding in this Southeast Asian country. Without advocacy, the marine industry wouldn't have a voice. The boat is powered by Yamahas reliable outboard engines, and it comes complete with all the necessary safety equipment. Theres a lot of big-boat-itis out there. Q: Your T-top/windshield design really opens up sightlines on your center console boats. It felt pretty good. Im proud to see our family of employees grow over the years, and proud to see them grow within the company. Access for service to the main systems on the 420 is made easy with the help of a midship systems room and a stern accessible room. It wasn't all smooth sailing. 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 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. Company Description:? Today and since 2009 Scout has had, on average, better than 25 percent annual growth. January 2022 News Boating Industry. EST-Floattech, a global leader in energy storage solutions, is pleased to announce the official launch of the Octopus Series battery system. 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. 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. 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. At 54 years old, Steve Potts height is 170cm . 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.. "You probably could guess who they are," he said with a wink. As a boatbuilder, theres a difference. Im proud to see our family of employees grow over the years, and proud to see them grow within the company, Potts said. The Nu-V3 hull design is a running surface that we've spent a lot of time on. 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 . 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. The consent submitted will only be used for data processing originating from this website. That helps us with the brand image that we have. I worked there after school and in the summer in my teen years. We have a new 17, two new 22s, two 27s and a 31 and a 38 - that's what we're developing. Thats just the opposite here. Its what we like. It can be perceived that we've copied somebody else. Boatbuilding is very passionate. It features a spacious deck with plenty of room for gear, plus a comfortable cabin that can accommodate up to four people. Thats just speculation, but thats what we hear. ezDrive Thruster, designed specifically for active wake surfing, wakeboarding and watersports and other small boat enthusiasts, is again sponsoring the World Wake Association's (WWA) women's division at Nautique USA National Wakesurf Championships. Q: And that plant will cost $2.5 million? Continue with Recommended Cookies. The hull designs were very distinctive. But I think it has its place. I would ski with it, run around and fish with it. How much are you growing? We still incorporate the Air-Assist design in our 15, 16, 17 and 18. 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. His son, Stevie, is Scout's vice president of research and development, and one of his two daughters, Sherrie, is the human resources manager and his assistant. 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. 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. We dialed it in and incorporated it in our boats. 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. Theres also an optional SeaKeeper gyro stabilizer, flybridge, articulating rocket launchers that work in conjunction with the retractable SureShade, and a 5-N-1 second row seating configuration that won a marine industry innovation award. Steve Potts Scout Boats Net Worth: $5 Million View Anastasios Spontis's colleagues in Scout Boats Employee Directory. Their first boat was a simple, quality skiff. 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. Steve Potts, CEO and founder of Scout Boats, is a man with a vision. 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. In fact, some of the smallest companies grew share the most. It allows me to focus on what the next three, five and 10-year plan is for the company. "For 50 years I've had my hands on my craft, and on building a successful business. Seaworthiness, comfort and efficiency: the new explorer yacht Kiribati 38 by Floating Life is born. The importance of uniform thickness is critical to our methodology, too. We started sculpturing the seating and introducing some new contrasting colors and doing a lot of things like that. Scout's 420 LXF, in development for three years, will be introduced in February at the Miami boat show. 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. Photographs are copyright by law. Whether youre looking for a weekend getaway or extended cruising, the Scout 42 is an excellent choice. It seems like it's going to be very expensive, very specialized. What Is The Difference Between A Kayak And A Canoe. Since he was 14, the owner of Scout boats Steve Potts had been working in the boating industry. 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. If you do not agree to these terms, do not use the services. Were going to continue to build a very diverse model mix. In fact, Scout Boats have won numerous awards for their design and performance.So why Thailand? 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. The fact is that we as boatbuilders cant expect consumers to think like we think. We have estimated Steve Pottss net worth, money, salary, income, and assets. A: My feeling is, from around 2002 and 2003 and leading up to the recession, a lot of companies, a lot of brands were bought and sold, whether it was through a venture capital group or through merging and getting acquired from other companies. 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. 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. #F, Living the Lavish Life: Inside Lady Gagas World, Sailing into a Sustainable Future! This site has features that require javascript. I think theres a lot of brands that create a glut of late-model used stuff. 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. "It allows me to focus on what the next three, five and ten year plan is for the company. I am going to go back again to my days as a teen working at the Outboard Shop. We did a lot of homework. 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 . A: With some models, as much as six months. The 251 is the best multispecies saltwater fishing boat on the market. We discuss our information collection practices below. They were in direct competition with AMF. Seaworthiness, comfort and efficiency, from Floating Life. Were very driven as a group. Save my name, email, and website in this browser for the next time I comment. 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. Want to know when we have important news, updates or interviews? That really helped me. It was a brick building with a galvanized roof. 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. 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. A: Having distinctive features and styling that differentiates us is extremely important. 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 . When you get somebody that spends the kind of money that is spent on our models and theyve experienced an automobile thats in and around that same budgeted price, every other thing theyre exposed to [is more user-friendly]. I looked at this from a lot of different angles. We are very conscious of making sure that we maintain quality and efficiency. I had set out to create distinctive enough appearances and features and styling that separated my brand from others. The Swan 108 is the fruit of an amazing research of talents. I was 37. Thats who we are. 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. 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. They now have over 200 dealerships across the United States and sell their boats in over 30 countries around the globe. We currently have six. Weve built a team here that will continue to take us into the future. According to our Database, He has no children. Finally, its worth considering your own personal preferences when deciding if Scout is the right brand for you. Supporting women's division at Nautique USA National Wakesurf Championship. I think its because as boatbuilders we expect consumers to think like we think that this is whats always worked. Again, Ive learned what not to do. Required fields are marked *. Do you think the smaller companies will emerge most healthy from this lingering downturn? 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. I have always been infatuated with ships and boats. A: Yes, I did. Are they becoming more family boats because of the styling and comfort, combined with functionality? "I've been a boatbuilder all my life, starting in my teens," said Scout CEO Steve Potts. At the end of the day, being a business thats very labor-intensive, its about how well we deal with human behavior. 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. 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. We basically as a family, brick by brick, unloaded what was underneath the building that was leveled and we salvaged what we could. And we did it. 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. 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 first plant was opened in 1989 with three employees. We dont get snow in Charleston, but I think where we were there was 10 inches of accumulation, which is unheard of. Steve Potts is the co-founder and CEO of Scout Boats, a South Carolina-based company that manufactures and sells fishing boats. One of the things thats unique about Scouts is the fit and finish. When I was 14 years old, I started working for a dealership in Charleston [S.C.] called the Outboard Shop. One of the magazines last summer published a feature on one of the competitor's designs. Other recent Scout 53s went to a Vegas casino owner and a Latin pop star. He and his wife, Dianne, began building 14- and 15-foot boats out of . When we started, I knew the business model had to be something very simple and conservative. 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. Scout Boats is one of the few remaining family-owned designers and manufacturers of high-end, luxury fishing boats in the 17 - 53 range. It's one thing to go out and emulate something that you like and looks good, but it's another thing to promote it like it was your clever design. A: In the mid-'80s, I knew I wanted to do my own thing and I always had an affection for the Scout, and in particular the name because it was an in-demand and a quality fishing boat in the Charleston area that everyone knew about. 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.
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