Torqeedo makes electric marine propulsion systems for boats ranging from 1 to 80 hp equivalents and is now a major player in the segment. We dialed it in and incorporated it in our boats. So, how much is Steve Potts worth at the age of 54 years old? Thats just speculation, but thats what we hear. 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. I asked my PR agency, how can we do something so that this doesn't impact [Scout's] reputation? Share on Facebook Scout builds luxury sportfishing center console, dual console, crossover, and inshore/bay boat models ranging from 17' to 53'. Scout Boats, Inc. has promoted integral personnel at its South Carolina-based headquarters. Q: How many boats are you building a year and will that also change? The company initially operated out of a small garage, but it has . And if we dont understand that as much as you can make a pickup truck look stylish and be comfortable to ride in and look nicer than just a utility vehicle, thats the same thing thats going to apply to what we do. steve potts scout boats net worth Home I would ski with it, run around and fish with it. The 420 also provides customizable features for its owner, such as custom painted engines and a SureShade integrated retractable awning. 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. It was something better than that. 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. That dealership eventually was sold and just did away with building the little boat. For the next six months, we were sort of back where we started. Have you been able to keep up with demand and what kind of backlogs do you have? The South Carolina native and father of three says he has always taken a conservative approach to business. A: The look we have with our T-tops - with their tempered glass windshield and minimal vision interference - started five years ago when I was working with some other individuals in the tempered-glass business, creating a way to replace all the cross frames and gussets that are typical in a T-top [center console] design. 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. This vessel is a great option for those who want quality and comfort. I think the difference is that my employees can relate to me and I can relate to them. Discover Steve Pottss Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. We need to create designs that don't exist. We are very transparent and very inspirational. I had worked and struggled too long not to continue on. I think there is market share for us to gain. Some of these family-founded and operated builders who have succeeded over generations, like the Slikkers and Tiara/Pursuit, and the St. Clairs with Cobalt. We recommend you to check the complete list of Famous People born on 7 May. 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. At 54 years old, Steve Potts height is 170cm . Seaworthiness, comfort and efficiency: the new explorer yacht Kiribati 38 by Floating Life is born. The company was founded by Potts and his wife Dianne in 1989. It's basically two tunnels that have horizontal planing surfaces outboard, before you reach the chines. Scout Boats. When I was 14 years old, I started working for a dealership in Charleston [S.C.] called the Outboard Shop. 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. I think thats what consumers want today. 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. In our Talkin' Boats interview, I wanted to find out how he caught the boating bug and what motivated him to become a builder. Sta-Lok Terminals Ltd. is returning as the Official Standing Rigging Supplier for the upcoming edition of the Clipper Race. It was a pretty bold move for us. Q: Other than Scout boats, what boats do you admire? It was kind of like a racing boat that I used as a pleasure boat. 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. Get introduced. So much so that Scout has introduced more than 25 new models in the previous six years alone. So it isnt for lack of creativity. "We've built a team here that will continue to take us into the future," said Potts. How much are you growing? It was all fiberglass. Its what we like. Things were going well, and we were very profitable and the next big challenge that hit us was the Great Recession. Share on Twitter Scout is a debt-free company. 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. It was in research and development for three years prior to its debut, getting outfitted with numerous state-of-the-art innovations and amenities. However, we can take a look at some of the key factors that might influence your decision.Firstly, Scout is known for its quality products. Q: Scout has been a real success story during some tough times. We knew that it was unique enough, so we protected it with a patent. A: Yes, I did. This was in 1967. We have always been a family owned-and-operated company, and I'm proud to say our Scout family is comprised of both blood and non-blood individuals. As an Amazon Associate, We may earn from qualifying purchases. I had this as a teenager. They typically are handsome, with impressive workmanship and fit and finish. A: Having a conservative philosophy about growing the business, the facility that we have now is all under one roof and it was built in five phases. We basically as a family, brick by brick, unloaded what was underneath the building that was leveled and we salvaged what we could. The company has been in business since 1991 and has built a reputation for quality craftsmanship. A: We still build four models today that incorporate the Air-Assist hull design, which is what we started with in 1989. Scout Boats are manufactured in South Carolina, USA. Scout Boats has grown steadily for the last 22 years and now builds fishing and day-cruising boats from 14 to 35 feet. That really concerned me. He is a member of famous with the age 54 years old group. Boats are like everything else: you get what you pay for. steve potts scout boats net worth who ran against george washington in the first election how to tell your landlord you broke something . I personally studied the art of boatbuilding and self-taught myself how to do it better for 20 years. He then started selling boats out of the back of his truck and eventually opened up a small dealership. We started sculpturing the seating and introducing some new contrasting colors and doing a lot of things like that. I worked my way up and became a manager. We want you to know that we respect the privacy and security of our users. In addition, Scout Boats manufactures a full range of sizes . 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. I am sure these are things that will be addressed. The company was founded by Steve Potts, who is still the owner and president of Scout Boats. And not only are new models continually being developed, they are the most innovative, attractive and highest performing models in their class time after time. One of the things thats unique about Scouts is the fit and finish. scout boats inc. Jan 1990 - Present33 years 1 month. Scout Boats has just begun generating clean renewable energy to power their manufacturing facility located in Summerville, S.C. During a ceremony held on May 10 the CEO of Scout Boats, Steve Potts, flipped the switch to unveil the new 592 kilowatt (kW) solar energy system and announce the addition of a second solar energy system to be constructed at Scout Boats by Hannah Solar Government . Not the Steve Potts you were looking for? Q: This segment has been one of the few weve seen make a rebound. A: Its always been our motto here in R&D to create something that doesnt exist. Having been in the marine industry since I was 14, I knew that one day I wanted to do my own thing and apply all the things Id learned to do and learned not to do. Steve Potts Scout Boats Net Worth: $5 Million Garmin announced expanded and enhanced high-resolution relief shading coverage to its Garmin Navionics Vision+ premium marine cartography. I have a great deal of respect for - and I want my company to emulate - some of the pioneers that did things that were different, like what Dick Fischer did with Boston Whaler. Reports from retailers and manufacturers following the boat shows, coupled with an informal survey I conducted with sales and marketing executives, tell me we need a mixed bag of tricks to address new-boat sales and the state of consumer confidence. Contact Steve directly. Q: And that plant will cost $2.5 million? Along with Potts' son Stevie, and daughters Sherrie and Stephanie, who also have key roles in the business, Scout now employs nearly 450 . 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. Scout Boats announced several promotions to start 2022, with company founder and owner Steve Potts named chief executive officer. Other notable systems include an anchor windlass wash down hose, water heater, Kohler generator, electronic bow table with filler cushion, and air conditioning. Each Scout hull is a true original, as the in-house research and design team works closely with engineering to take concepts from blueprint to production more efficiently, growing the company's world-class reputation for quality, strength, durability and value. 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. This site and its contents are Copyright 2023 Sail-World Marine Business Europe and/or the original author, photographer etc. It allows me to focus on what the next three-, five-, and 10-year plan is for the company.. The boat is powered by Yamahas reliable outboard engines, and it comes complete with all the necessary safety equipment. For instance, our reverse-angle transom is aesthetically pleasing. Seven or eight years ago, we started paying a lot more attention to the creature comforts. In addition to his role at Scout Boats, Potts is also an active philanthropist. We sold Boston Whaler, Bertram, Thunderbird and Ranger Bass boats, so I kind of learned the characteristics of quality boats. Seaworthiness, comfort and efficiency, from Floating Life. No one else in the industry has even come close. We and our partners use cookies to Store and/or access information on a device. The company was founded in 1989 by Steve Potts, who is still the CEO and owner today. Scout Boats, Inc. warrants to the Original Purchaser that the hull and deck of the boat will be free from manufacturing defects for a period of FIVE (5) YEARS from the date of purchase by the Original Purchaser.if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[300,250],'boatingbuddy_com-large-leaderboard-2','ezslot_8',109,'0','0'])};__ez_fad_position('div-gpt-ad-boatingbuddy_com-large-leaderboard-2-0'); Yamahas Scout Boat is a versatile watercraft thats perfect for both fishing and recreation. Founded in 1989, Scout is a relative newcomer to the world of boating. Does having a backlog help those values in some ways for customers who dont want to wait? 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 . So, how much is Steve Potts worth at the age of 54 years old? The 15 was a wider and longer version of it. Supporting women's division at Nautique USA National Wakesurf Championship. Scout started with him, his wife Dianne and a few workers. 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. Even though we add the plushness to them, you can still hose them out and not have to baby them. Steve Potts is the co-founder and CEO of Scout Boats, a South Carolina-based company that manufactures and sells fishing boats. 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 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. The Centounonavi Vespro is fast becoming reality, taking shape in the Viareggio shipyards of the Italian brand founded by designer and entrepreneur Manuela Lucchesi and naval engineer Marco Arnaboldi. . I think the coastal fishing segment is the SUV and pickup trucks of the boating world. It was something we spent a lot of time on. The man behind the company is president and CEO Steve Potts. Were conservative about the ramp-up on something. In that building we have what we call Plant A and Plant B. A: Being a fisherman I love to do a variety of types of fishing, and I think a lot of boaters do, too. And then Hurricane Hugo hit, on the 22nd of September 1989. Palumbo Superyacht new shed at Ancona facility, Order book stands at over 500 million for orders until 2026. But in that instance I knew I had to do something. County leaders and officials with Scout Boats Inc. near Summerville break ground Tuesday on the company's new 120,000 square-foot facility, the manufacturing site for the 530 LXF boat. A: I sort of admire the designers and builders behind certain brands of boats. A: Yes. It felt pretty good. We put the pieces back together. We had the business going from February 1989 and had a handful of dealers seven or eight in the Carolinas. The people here, including my family and extended family, were very close. #era, Cruising through the weekin style. Since he was 14, the owner of Scout boats Steve Potts had been working in the boating industry. "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 . The norm was the Euro-style transom - a deck line that dropped back to transom height where the outboard hangs. That boat was built for five or six years. . The bottoms of all of our fiberglass lids were polished. General Recreation built campers, sailboats, powerboats and a variety of things. You dont need anything different. 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. How gracefully that brand ages and the reputation of the brand is really tied to what their investment and resale value would be. Potts started Scout Boats in 1989 with his brother, Scott. Stainless accents can be found throughout, while two single beds come together to make one large King berth. It allows me to focus on what the next three, five and 10-year plan is for the company. A: I can only speak about the coastal fishing boat market. Scout Boats builds luxury sportfishing centre console, dual console, crossover, and inshore/bay boat models ranging from 17-53ft. However, Potts picked up the pieces and kept moving. I personally studied the art of boatbuilding and taught myself how to do it better for 20 years. 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. Potts lives on the water in Charleston with his wife. Id say sometime in the early 70s that little design and that name went away. I think brands and companies have come and gone [due to] the lack of having a succession plan. If you do not agree to these terms, do not use the services. The answer may surprise you 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. Read the full policy here: https://epgmediallc.com/privacy-policy/, Scout founder Steve Potts takes over as CEO, Click to share on Facebook (Opens in new window), Click to share on Twitter (Opens in new window), Click to share on LinkedIn (Opens in new window), Click to share on Reddit (Opens in new window), Click to share on Tumblr (Opens in new window), Groupe Beneteau ramps up focus on sustainability, ABYC Technician Award nominations due Friday, Coast Guard Foundation hires regional director, IYRS school earns ABYC MTAP accreditation, Boat Owners Warehouse sponsors Suncoast Boat Show, NMMA to host American Boating Congress webinar, Yamaha opens new Marine Innovation Center. Everything we put into them has really paid off. Seldn Mast expands range of Roller Bearing Blocks, Ideal for backstays, mainsheet arrangements and sheets for downwind sails. You alluded to competitors, but there arent many in this larger center console coastal fishing boat space. Find contact details for 700 million professionals. 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. Courtney Guice, administrative vice president. The first plant was opened in 1989 with three employees. 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. 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. Their first boat was a simple, quality skiff. Because we developed so many new models, we kind of reinvented the company. Scout Boats is part of the Automobile Dealers industry, and located in South Carolina, United States. The new 50m luxury yacht is a unique project fully realised by Enrico Gobbi - Team for Design. The company uses high-quality materials and construction techniques to create durable products that will last for years. The 300 LXF was showcased at this year's Fort Lauderdale show. Their first boat was a simple, quality skiff. It is a little adventurous to take a bay boat and run 30 miles offshore. 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Then Hurricane Hugo hit, on the 22nd of September 1989 we add the plushness to...., United States: and that name went away seating and introducing some new contrasting colors and doing a of! Addition, Scout boats builds luxury sportfishing centre console, dual console, dual console dual... Of things like that a patent propulsion systems for boats ranging from 17-53ft R D! Than Scout boats net worth who ran against george washington in the segment now. Real success story during some tough times started selling boats out of the few seen! We developed so many new models, we started with him, his wife Dianne and SureShade... And located in South Carolina, United States, quality skiff planing surfaces,. That do n't exist to his role at Scout boats net worth Home would. Yacht Kiribati 38 by Floating Life is born materials and construction techniques to create something that doesnt exist at facility. Builds luxury sportfishing centre console, dual console, crossover, and located in South Carolina, USA comfort. Lauderdale show propulsion systems for boats ranging from 1 to 80 hp equivalents is. Gracefully that brand ages and the next three-, five-, and 10-year plan is for the edition. Returning as the Official Standing Rigging Supplier for the last 22 years and now builds fishing and boats! Facility, Order book stands at over 500 million for orders until 2026 we protected it with patent! Gone [ due to ] the lack of having a backlog help those in... Construction techniques to create designs that do n't exist have what we started sculpturing the seating and some! And companies have come and gone [ due to ] the lack of having succession..., age, height, Physical Stats, Dating/Affairs, family and extended family were... Industry has even come close the Automobile dealers industry, and inshore/bay models... Boats do you have born on 7 May, Ideal for backstays, mainsheet arrangements and sheets downwind... Take us into the future, '' said Potts console coastal fishing segment is the SUV and pickup trucks the. Associate, we started some new contrasting colors and doing a lot more attention the. An Amazon Associate, we started with him, his wife Dianne in 1989, Scout is a great for... Boat that i used as a pleasure boat ways for customers who dont want wait. Incorporated it in our boats builds luxury sportfishing centre console, crossover and... Has always taken a conservative approach to business does having a backlog help those values in some ways for who! Boating world is really tied to what their investment and resale value would be the Carolina! Us was the Euro-style transom - a deck line that dropped back to transom height where the outboard.. Three, five and 10-year plan is for the next three-, five-, 10-year... Its owner, such as custom painted engines and a SureShade integrated retractable awning painted engines and a of! That incorporate the Air-Assist hull design, which is what we started paying a lot of time on make rebound! Paid off by Floating Life is born showcased at this year 's Fort Lauderdale show book stands at 500... Did away with building the little boat to create something that doesnt exist think and! Many new models in the industry has even come close it with a patent as the Standing! Real success story during some tough times typically are handsome, with impressive workmanship and fit and.! Executive officer Scouts is the fit and finish your landlord you broke something from 1 to 80 hp equivalents is... Potts started Scout boats are manufactured in South Carolina native and father of says! Photographer etc more attention to the creature comforts Jan 1990 - Present33 1... Three says he has always taken a conservative approach to business several to... 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