We have one or two that are even longer than that. If you do not agree to these terms, do not use the services. Has that approach resonated with people other than anglers? The consent submitted will only be used for data processing originating from this website. 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. My feeling is that in a lot of those cases its somewhat of a bean-counter mentality. I am not the kind of person who hires lawyers. 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. The Swan 108 is the fruit of an amazing research of talents. Also learn how He earned most of networth at the age of 53 years old? That helps us with the brand image that we have. They typically are handsome, with impressive workmanship and fit and finish. For 50 years Ive had my hands on my craft, and on building a successful business. Meaning, once the founder has moved on and is in their twilight years, they step away from it and theres not the youth behind them. 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. The ones that are out there, those customers are proud of them. 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. 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. Weve added to a lot of the interior of Plant B, in particular bridge cranes. Top Scout Boats Inc Employees Dave Wallace President, Scout Boats inc. Summerville, South Carolina . We developed lots of bigger models that were unique in styling and performance. In order to achieve this goal, we may collect information from you. 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. I personally studied the art of Onboarding new customers can also be powerful for word-of-mouth marketing, and repeat and referral business. Did something stoke your fire? Effective January 1, 2022, Steve Potts moves full time to CEO of the company; Dave Wallace has been named Scout President; William Ferguson has been promoted to Vice President of Manufacturing; Courtney Guice has elevated to Administrative Vice President; Stevie Potts is Vice President of Product Development & Engineering. 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 felt pretty good. Has that given companies like yours an edge that it will be difficult for others to catch up with? We knew that it was unique enough, so we protected it with a patent. Q: I've seen the Scout 251 XS. The South Carolina native and father of three says he has always taken a conservative approach to business. That is a great design and easier to build than the way we do it. 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. There is enough hype that goes behind some of these brands that customers and dealers could start looking at a boat and saying, "Yeah, that's a good-looking design - that's a Boston Whaler look." We also got details about the expansion Scout is undergoing to begin production of its largest boats ever a 38-footer and a 42-footer. Finally, its worth considering your own personal preferences when deciding if Scout is the right brand for you. How did you get the company going and what were some of the early hurdles? He and his wife, Dianne, began building 14- and 15-foot boats out of . 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. Scout Boats announced several promotions to start 2022, with company founder and owner Steve Potts named chief executive officer. So if youre in the market for a new boat, be sure to check out what Scout has to offer! Scout Boats has 344 employees. 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. Secondly, Scout has a great reputation amongst customers. I think the coastal fishing segment is the SUV and pickup trucks of the boating world. It will be interesting to see where that goes. #F, Living the Lavish Life: Inside Lady Gagas World, Sailing into a Sustainable Future! I was one of the guys who tweaked bottoms to gain a mile an hour or two. The Critchfield was a long and skinny pointed-bow boat with a lot of horsepower - 150 hp, which was the biggest anyone made at the time. I think the difference is that my employees can relate to me and I can relate to them. The provisions of this Policy apply to all such mobile access and use of mobile devices. Our upholstery wasnt rectangular or square cushions that were wrapped in a vinyl. I was born in Groton, Conn. - at the submarine base there, actually. Were very driven as a group. Scout Boats, Inc.has made a number of personnel changes at its South Carolina-based headquarters. I don't know if there's enough of that type of boatbuilding today. Dave has been my right hand for 22 years running the day-to-day operations, and it's only fitting that he assumes the role of president for the company he's been so crucial in helping grow for more than two decades.". Scout has revolutionized the coastal fish boat market. That boat was built for five or six years. A: One of the things is our methodology. I have done what they do, and I know what its like when they go home. The building we were in was pretty much leveled. 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. My biggest concern is that some of these brands are bigger and have a larger chest of money to promote their product than we do. But the name had faded away. Newly developed battery system suitable for electric and hybrid propulsion. I used that same analogy. Scout Boats employs over 400 team members at the Summerville facility.The companys commitment to quality craftsmanship is evident in every aspect of the manufacturing process. And after youre prepared a meal and are looking to catch a movie down below before you turn in for the night, you can enjoy eating at the high/low electric release marine teak table. See who you know in common. We shattered a few windshields. I repaired a lot of boats and I learned what not to do. Scout Boats is one of the few remaining family-owned designers and manufacturers of high-end, luxury fishing boats in the 17 - 53 range. Steve Potts was born on 7 May, 1967 in Hartford, Connecticut, United States. 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. His net worth has been growing significantly in 2020-2021. Company Description:? He then started selling boats out of the back of his truck and eventually opened up a small dealership. Underwater deck and bow cameras are available as well as underwater LED lights. Everyone talks about deeper vee hulls and larger outboards and bigger fuel tanks. 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. If someone wants to tournament-fish, they can. They currently produce 23 models ranging from 17'-53'. Consumers need to start hearing the message that we're doing things with running surfaces, with building materials and with other design aspects so that when a boat's a few years old it doesn't look like it's falling apart. I was 37. 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. A: Im glad you mentioned that because that has been a struggle. 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. The company was founded in 1989 by Steve Potts, who is still the CEO and owner today. In addition, Scout Boats manufactures a full range of sizes . The 420 also provides customizable features for its owner, such as custom painted engines and a SureShade integrated retractable awning. But in that instance I knew I had to do something. Because we developed so many new models, we kind of reinvented the company. It was a pretty bold move for us. Potts lives on the water in Charleston with his wife. He is currently single. 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. 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. I asked my PR agency, how can we do something so that this doesn't impact [Scout's] reputation? Naturally, we were curious, but Lang wasn't about to kiss and tell. Q: And what about the shift into larger boats? But we want to be different. EST-Floattech, a global leader in energy storage solutions, is pleased to announce the official launch of the Octopus Series battery system. Q: Youre adding factory space. Thats who we are. 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. One of the magazines last summer published a feature on one of the competitor's designs. An example of data being processed may be a unique identifier stored in a cookie. Well, it turns out that theres a rich history of boatbuilding in this Southeast Asian country. 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. Sta-Lok Terminals Ltd. is returning as the Official Standing Rigging Supplier for the upcoming edition of the Clipper Race. Steve Potts Net Worth. If you wish to use or buy a photograph contact the photographer directly. Our deck goes inside of the hull, which is different from most builders. Having 30 switches on the dash on your boat is cool. What About Older Scout Boats? The man behind the company is president and CEO Steve Potts. Scout Boats, Inc. has made a number of personnel changes at its South Carolina-based headquarters. The most important thing is durability - how will it hold up in the harsh elements, in the salt water. Running surfaces - both our Air-Assist and Nu-V3 hull designs - are things I'm proud of. 108 is the right brand for you ] reputation and on building a successful business of! Start 2022, with impressive workmanship and fit and finish hold up in the harsh,. Those cases its somewhat of a bean-counter mentality mobile devices mobile access and use mobile. 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