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Co-founder vs entrepreneur

The differences between co-founders and entrepreneurs can be seen in a few details. Each job has different responsibilities and duties. While it typically takes More than 10 years to become a co-founder, becoming an entrepreneur takes usually requires 4-6 years. Additionally, a co-founder has an average salary of $105,022, which is higher than the $70,849 average annual salary of an entrepreneur.

The top three skills for a co-founder include financial statements, business strategy and business plan. The most important skills for an entrepreneur are kids, web design, and product development.

Co-founder vs entrepreneur overview

Co-FounderEntrepreneur
Yearly salary$105,022$70,849
Hourly rate$50.49$34.06
Growth rate6%6%
Number of jobs4,21434,711
Job satisfaction--
Most common degreeBachelor's Degree, 73%Bachelor's Degree, 62%
Average age5244
Years of experience-6

What does a co-founder do?

A Co-Founder is an essential member of a company as they complement the skills, vision, and mission of the Founder. Most of the time, the tasks of a Co-Founder revolve around the financial planning and developing strategies that would be beneficial for the company's financial gain and workforce. Furthermore, a Co-Founder must coordinate with the Founder and other staff and departments to remain aware of the progress or issues, should there be any, to provide timely resolutions.

What does an entrepreneur do?

An entrepreneur is a business owner who regularly creates new ventures and sells them with the end goal of turning them into profit. To start up a new business, entrepreneurs must create business plans and acquire resources and financing while hiring talented individuals. They play a vital role in the economy because they are the driver of economic growth and innovation. They also make use of their business as a means of creating a sustainable living, which improves the quality of life.

Co-founder vs entrepreneur salary

Co-founders and entrepreneurs have different pay scales, as shown below.

Co-FounderEntrepreneur
Average salary$105,022$70,849
Salary rangeBetween $61,000 And $179,000Between $42,000 And $118,000
Highest paying City-New York, NY
Highest paying state-New York
Best paying company-General Catalyst
Best paying industry-Finance

Differences between co-founder and entrepreneur education

There are a few differences between a co-founder and an entrepreneur in terms of educational background:

Co-FounderEntrepreneur
Most common degreeBachelor's Degree, 73%Bachelor's Degree, 62%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Co-founder vs entrepreneur demographics

Here are the differences between co-founders' and entrepreneurs' demographics:

Co-FounderEntrepreneur
Average age5244
Gender ratioMale, 66.0% Female, 34.0%Male, 58.5% Female, 41.5%
Race ratioBlack or African American, 3.7% Unknown, 3.9% Hispanic or Latino, 7.6% Asian, 7.5% White, 76.6% American Indian and Alaska Native, 0.6%Black or African American, 6.3% Unknown, 4.3% Hispanic or Latino, 15.4% Asian, 6.4% White, 67.1% American Indian and Alaska Native, 0.5%
LGBT Percentage12%10%

Differences between co-founder and entrepreneur duties and responsibilities

Co-founder example responsibilities.

  • Manage cross functional teams through all phases of B2C campaign development.
  • Manage social media connect to the site (20k+ twitter impressions).
  • Manage and schedule production for assembly, machining, molding and QC departments.
  • Design and manage user web experience and social media marketing campaign, leveraging 'celebrity' Instagram dogs
  • Manage drivers and customers as well as all operational functions; including sales billing, accounts receivables and payroll.
  • Manage all features of business including client service, sales, QuickBooks accounting, purchasing, shipping and customer retention.
    • Show more

Entrepreneur example responsibilities.

  • Create and manage Instagram pages for clients, which contributes to the increase in social media following.
  • Manage and find members of band; help create YouTube videos; write music and play guitar.
  • Start and manage this LLC dedicate to the seasonal retail and wholesale sale of consumer fireworks at multiple locations in Pennsylvania
  • Formulate strategy and lead resulting IP acquisition and development efforts.
  • Manage accounting, payroll, advertising, curriculum development, and business relationships.
  • Develop and maintain site features and landing pages, leveraging customize JavaScript and PHP modules/plugins.
    • Show more

Co-founder vs entrepreneur skills

Common co-founder skills
  • Financial Statements, 8%
  • Business Strategy, 7%
  • Business Plan, 6%
  • Non-Profit Organization, 5%
  • R, 5%
  • Facebook, 4%
Common entrepreneur skills
  • Kids, 51%
  • Web Design, 7%
  • Product Development, 5%
  • Business Plan, 4%
  • Financial Statements, 4%
  • Business Model, 2%

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Updated January 8, 2025

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