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The differences between business owners and founders can be seen in a few details. Each job has different responsibilities and duties. Additionally, a founder has an average salary of $91,296, which is higher than the $50,934 average annual salary of a business owner.
The top three skills for a business owner include customer service, payroll and financial statements. The most important skills for a founder are web design, business strategy, and non-profit organization.
| Business Owner | Founder | |
| Yearly salary | $50,934 | $91,296 |
| Hourly rate | $24.49 | $43.89 |
| Growth rate | 6% | -5% |
| Number of jobs | 107,663 | 59 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 52% | Bachelor's Degree, 71% |
| Average age | 44 | 44 |
| Years of experience | 6 | - |
Business owners, also known as Entrepreneurs, are responsible for their company and brand's success. There are many areas of responsibility when you're a business owner, such as in the aspects of planning and budgeting, arranging finances and legal documentation, and even hiring the workforce essential for the business to grow. However, these responsibilities will vary according to how a business owner will uphold them. Moreover, building a business from the ground up requires dedication and a vision and mission for the brand.
A Founder is responsible for building his/her business from the ground up through various strategies and extensive planning. A Founder is also responsible for the workforce's funding and recruitment that would be vital for a company to succeed and create a vision and mission that the business would uphold. Furthermore, a Founder must take the lead in the business planning and operations, develop and maintain goals, coordinate with the board, and maintain a healthy relationship with employees.
Business owners and founders have different pay scales, as shown below.
| Business Owner | Founder | |
| Average salary | $50,934 | $91,296 |
| Salary range | Between $27,000 And $94,000 | Between $47,000 And $176,000 |
| Highest paying City | Seattle, WA | - |
| Highest paying state | Washington | - |
| Best paying company | BD | - |
| Best paying industry | Retail | - |
There are a few differences between a business owner and a founder in terms of educational background:
| Business Owner | Founder | |
| Most common degree | Bachelor's Degree, 52% | Bachelor's Degree, 71% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | - |
Here are the differences between business owners' and founders' demographics:
| Business Owner | Founder | |
| Average age | 44 | 44 |
| Gender ratio | Male, 51.4% Female, 48.6% | Male, 64.3% Female, 35.7% |
| Race ratio | Black or African American, 6.3% Unknown, 4.3% Hispanic or Latino, 15.5% Asian, 6.4% White, 67.0% American Indian and Alaska Native, 0.5% | Black or African American, 10.8% Unknown, 4.9% Hispanic or Latino, 16.9% Asian, 3.7% White, 62.8% American Indian and Alaska Native, 0.9% |
| LGBT Percentage | 10% | 7% |