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Co-founder vs owner

The differences between co-founders and owners can be seen in a few details. Each job has different responsibilities and duties. It typically takes More than 10 years to become both a co-founder and an owner. Additionally, a co-founder has an average salary of $105,022, which is higher than the $90,334 average annual salary of an owner.

The top three skills for a co-founder include financial statements, business strategy and business plan. The most important skills for an owner are customer service, payroll, and financial statements.

Co-founder vs owner overview

Co-FounderOwner
Yearly salary$105,022$90,334
Hourly rate$50.49$43.43
Growth rate6%6%
Number of jobs4,21486,486
Job satisfaction--
Most common degreeBachelor's Degree, 73%Bachelor's Degree, 52%
Average age5252
Years of experience--

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 owner do?

Owners, in the most basic sense, own the business, company, or organization. They are responsible for building the business. They create business plans and the general vision and mission of the company, set goals, work on these goals, and ensure that the business keeps running. They manage all aspects of their business, from finances to marketing to people, etc. When the business becomes stable, owners eventually hire more employees. As such, owners also become overseers who would ensure that the organization remains afloat.

Co-founder vs owner salary

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

Co-FounderOwner
Average salary$105,022$90,334
Salary rangeBetween $61,000 And $179,000Between $60,000 And $135,000
Highest paying City-New York, NY
Highest paying state-New Jersey
Best paying company-BP America Inc
Best paying industry--

Differences between co-founder and owner education

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

Co-FounderOwner
Most common degreeBachelor's Degree, 73%Bachelor's Degree, 52%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Co-founder vs owner demographics

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

Co-FounderOwner
Average age5252
Gender ratioMale, 66.0% Female, 34.0%Male, 63.1% Female, 36.9%
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, 3.7% Unknown, 3.9% Hispanic or Latino, 7.6% Asian, 7.5% White, 76.7% American Indian and Alaska Native, 0.6%
LGBT Percentage12%12%

Differences between co-founder and owner 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

Owner example responsibilities.

  • Manage web content and a PHP / MySQL application.
  • Create and develop a website to help clients easily manage their instagram account to gain exposure.
  • Execute all social media marketing and manage the company Facebook page/campaigns.
  • Manage human resource functions by generating payroll, scheduling and upholding company policies.
  • License Maryland home improvement contractor managing a small home improvement business that specializes in doors and windows.
  • Manage end to end business operations including hiring, scheduling visits, conducting customer consultations and performing pet visits.
  • Show more

Co-founder vs owner skills

Common co-founder skills
  • Financial Statements, 8%
  • Business Strategy, 7%
  • Business Plan, 6%
  • Non-Profit Organization, 5%
  • R, 5%
  • Facebook, 4%
Common owner skills
  • Customer Service, 25%
  • Payroll, 17%
  • Financial Statements, 8%
  • Product Development, 7%
  • Real Estate, 3%
  • Business Development, 3%

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