Scott Abbott
Scott Abbott was born in Winnipeg, Manitoba, Canada in 1974 and now resides in Spanish Fork, Utah with his wife Heidi and their three children, Liam, Sinead and Kieran.
Mr. Abbott’s career started at an early age under the mentorship of his father, Dave Abbott, an entrepreneur. Scott’s first business was in the sport fishing industry, which he started with his father at age 16. Over four years Bass brother Fishing Tackle Distributors would grow to gain customers across Canada and represent several manufacturers in the United States.
At age 20 Mr. Abbott would leave the business in the hands of his family to serve a mission in Brussels Belgium and Northern France. Upon returning from his mission Scott would make the difficult decision to pursue a management degree at the University of Manitoba while working with his father on a concept called World Cup Fishing and subsequently rolling up operations at Bass Brothers.
Over the following four years Scott would play a key role in raising seed capital to fund the development of the intellectual property. Of particular note was Mr. Abbott’s research and subsequent testing of a mathematical system that would fairly and accurately compare 15 species of fish throughout Canada and the United States. It was this engine that would allow sports fisherman from across North America to compete for the first time in an online fishing tournament called World Cup Fishing. Scott and his fathers’ efforts would later be recognized by the Winnipeg Chamber of Commerce with the Entrepreneur of the Year Award and the Small Business Award by the Canadian Information Productivity Awards.
During his academic career Scott was recognized with numerous awards for his entrepreneurial drive and marketing. Scott traveled across North America competing in business plan competitions representing the University of Manitoba and garnered top awards and prizes resulting in the most successful business plan team put together by the University up to that date. In addition to this Scott was given the prestigious University of Manitoba Young Associates Student Enterprise Award, an award given to an individual of entrepreneurial note.
Never leaving his entrepreneurial heritage behind, Scott has worked with several business owners in raising capital, developing marketing materials, and business planning in the capacity of a business advisor. Almost universally, clients have sought direction in determining price for their products and services. Mr. Abbott is now the president of Five Star Painting, a master franchise in the painting and decorating business in North America. Price is at the heart of this business, being the first painting company to advertise price in all of its literature through a $99/room concept. Since his involvement Five Star has expanded operations from Edmonton, Alberta to include Calgary, Saskatoon, Winnipeg, Las Vegas, Orem, Provo, St. George, and Salt Lake City. One of Scott’s key roles at Five Star has been to develop a website and software that allows franchise owners to price interior painting jobs without any painting knowledge or experience.
More recently, Mr. Abbott worked as the Regional Business Development Manager at BDO Dunwoody, one of the World’s largest accounting and business advisory firms. During his two years of employment at BDO Scott was responsible for the development and implementation of a revolutionary concept called “the Firm of the Future” authored by Ron Baker. For the first time Partners and Managers at BDO would set prices for their services prior to their being delivered. As a result, accountants would no longer use timesheets to determine price, but the value of their offering to the clients. This has become a key differentiator from competitors in Manitoba.
Presently Scott is completing his executive MBA at Brigham Young University in Provo Utah and continues to work with various companies in North America in bringing their product or service to market.