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Co-founder vs vice president

The differences between co-founders and vice presidents 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 a vice president. Additionally, a vice president has an average salary of $158,637, which is higher than the $105,022 average annual salary of a co-founder.

The top three skills for a co-founder include financial statements, business strategy and business plan. The most important skills for a vice president are healthcare, oversight, and project management.

Co-founder vs vice president overview

Co-FounderVice President
Yearly salary$105,022$158,637
Hourly rate$50.49$76.27
Growth rate6%6%
Number of jobs4,214119,530
Job satisfaction-4
Most common degreeBachelor's Degree, 73%Bachelor's Degree, 72%
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 a vice president do?

Vice presidents are usually considered the second-in-command in the organization, depending on the organization structure. They take over when the president is unavailable to fulfill duties. They may also represent the organization in external events and other official functions. They are important members of the boardroom, and their opinions are usually sought after as well. Vice presidents are usually poised to follow the president's footsteps in the organization, especially if the president is nearing retirement. They also make urgent and crucial decisions when the president is not available to do so. Vice presidents must have strong business acumen, decision-making skills, and professionalism.

Co-founder vs vice president salary

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

Co-FounderVice President
Average salary$105,022$158,637
Salary rangeBetween $61,000 And $179,000Between $107,000 And $235,000
Highest paying City-San Francisco, CA
Highest paying state-New York
Best paying company-Brookfield Properties
Best paying industry-Manufacturing

Differences between co-founder and vice president education

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

Co-FounderVice President
Most common degreeBachelor's Degree, 73%Bachelor's Degree, 72%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Co-founder vs vice president demographics

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

Co-FounderVice President
Average age5252
Gender ratioMale, 66.0% Female, 34.0%Male, 65.8% Female, 34.2%
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 vice president 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

Vice president example responsibilities.

  • Develop and implement global SOX methodology, manage risk assessment and testing, evaluate deficiencies and lead remediation efforts.
  • Manage $54MM loan portfolio of problem assets with the goal to implement strategies of rehabilitation, exit and/or liquidation.
  • Manage day-to-day operations, marketing, record keeping, insurance billing, human resources, budgeting, and HIPAA compliance.
  • Manage the web design, PPC, social media marketing, SEO, traditional and digital marketing, and customer experience.
  • Manage FDA regulate manufacturing division.
  • Manage QuickBooks; implement budget/variance tracking and reporting.
  • Show more

Co-founder vs vice president skills

Common co-founder skills
  • Financial Statements, 8%
  • Business Strategy, 7%
  • Business Plan, 6%
  • Non-Profit Organization, 5%
  • R, 5%
  • Facebook, 4%
Common vice president skills
  • Healthcare, 10%
  • Oversight, 7%
  • Project Management, 6%
  • Customer Service, 6%
  • Risk Management, 6%
  • Business Development, 5%

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