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The differences between business partners and business leaders can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 8-10 years to become a business partner, becoming a business leader takes usually requires 4-6 years. Additionally, a business partner has an average salary of $96,324, which is higher than the $90,430 average annual salary of a business leader.
The top three skills for a business partner include analytics, project management and customer service. The most important skills for a business leader are analytics, project management, and customer service.
| Business Partner | Business Leader | |
| Yearly salary | $96,324 | $90,430 |
| Hourly rate | $46.31 | $43.48 |
| Growth rate | 10% | 6% |
| Number of jobs | 106,251 | 117,296 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 65% | Bachelor's Degree, 69% |
| Average age | 39 | 44 |
| Years of experience | 10 | 6 |
A business partner is an individual who is involved in a legal business partnership with other individuals to manage a business as co-owners. Business partners invest their money into the business, and each partner benefits from any profits and sustains part of any losses. They must file with the state in which they do business and are governed mostly by state laws. Business partners can also be either liable or not for the actions taken by the company.
Business Leaders are considered trailblazers in their field. They are innovative thinkers who often introduce solutions to their industry's challenges. They inspire people pursuing careers in their field and even those outside the industry to strive harder and create their paths to success. Employees often look up to Business Leaders, which is why they must be motivating. They also oversee their business operations and often set long-term targets and strategies to achieve these targets. They think outside the box to set their business apart from their competitors.
Business partners and business leaders have different pay scales, as shown below.
| Business Partner | Business Leader | |
| Average salary | $96,324 | $90,430 |
| Salary range | Between $66,000 And $140,000 | Between $56,000 And $145,000 |
| Highest paying City | San Francisco, CA | New York, NY |
| Highest paying state | Washington | New York |
| Best paying company | ZS | Lyft |
| Best paying industry | Technology | Pharmaceutical |
There are a few differences between a business partner and a business leader in terms of educational background:
| Business Partner | Business Leader | |
| Most common degree | Bachelor's Degree, 65% | Bachelor's Degree, 69% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Pennsylvania |
Here are the differences between business partners' and business leaders' demographics:
| Business Partner | Business Leader | |
| Average age | 39 | 44 |
| Gender ratio | Male, 56.2% Female, 43.8% | Male, 64.4% Female, 35.6% |
| Race ratio | Black or African American, 3.0% Unknown, 5.3% Hispanic or Latino, 8.7% Asian, 8.2% White, 74.6% American Indian and Alaska Native, 0.2% | Black or African American, 6.2% Unknown, 4.3% Hispanic or Latino, 15.2% Asian, 6.4% White, 67.4% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 10% | 10% |