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Co-founder vs partner

The differences between co-founders and partners 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 a partner takes usually requires 8-10 years. Additionally, a co-founder has an average salary of $105,022, which is higher than the $76,119 average annual salary of a partner.

The top three skills for a co-founder include financial statements, business strategy and business plan. The most important skills for a partner are patients, customer service, and healthcare.

Co-founder vs partner overview

Co-FounderPartner
Yearly salary$105,022$76,119
Hourly rate$50.49$36.60
Growth rate6%10%
Number of jobs4,21445,758
Job satisfaction-1
Most common degreeBachelor's Degree, 73%Bachelor's Degree, 59%
Average age5239
Years of experience-10

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 a partner do?

A business partner is responsible for providing strategies and recommendations on how the business will operate, increasing its revenues while sharing profits. Business partners must have extensive knowledge of how the current market industry works to identify the best decisions for the business. A business partner should also be engaged in suggesting new services and offers that the company might consider for its clients. Business partners must also keep the confidentiality of their partnering business administration at all times.

Co-founder vs partner salary

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

Co-FounderPartner
Average salary$105,022$76,119
Salary rangeBetween $61,000 And $179,000Between $31,000 And $182,000
Highest paying City-New York, NY
Highest paying state-New York
Best paying company-Sidley Austin
Best paying industry--

Differences between co-founder and partner education

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

Co-FounderPartner
Most common degreeBachelor's Degree, 73%Bachelor's Degree, 59%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Georgia

Co-founder vs partner demographics

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

Co-FounderPartner
Average age5239
Gender ratioMale, 66.0% Female, 34.0%Male, 62.3% Female, 37.7%
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, 3.0% Unknown, 5.3% Hispanic or Latino, 8.7% Asian, 8.2% White, 74.6% American Indian and Alaska Native, 0.2%
LGBT Percentage12%10%

Differences between co-founder and partner 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

Partner example responsibilities.

  • Negotiate interim management agreement for LLC on behalf of managing member in dispute with several other members who invest in company.
  • Operate and manage a boutique technology and business consultancy with nationwide operating breadth.
  • Practice all aspects of intellectual property law and manage this boutique intellectual property law practice.
  • Accomplish matrimonial and defense litigation interrogatory consolidation, memos, motions and other court filings for senior partner.
  • Manage cost-centers and leverage unique Indian production and post- production capabilities and position the company as a prefer production partner.
  • Design and deploy advanced lightweight information technology solutions, including POS, inventory management, and production-base systems.
  • Show more

Co-founder vs partner skills

Common co-founder skills
  • Financial Statements, 8%
  • Business Strategy, 7%
  • Business Plan, 6%
  • Non-Profit Organization, 5%
  • R, 5%
  • Facebook, 4%
Common partner skills
  • Patients, 16%
  • Customer Service, 14%
  • Healthcare, 8%
  • Patient Care, 7%
  • Project Management, 5%
  • Catheter, 5%

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