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What is a co-founder & managing director and how to become one

Updated January 8, 2025
3 min read
There is more than meets the eye when it comes to being a co-founder & managing director. For example, did you know that they make an average of $72.8 an hour? That's $151,426 a year! Between 2018 and 2028, the career is expected to grow 10% and produce 33,700 job opportunities across the U.S.
ScoreCo-Founder & Managing DirectorUS Average
Salary
8.9

Avg. Salary $151,426

Avg. Salary $59,228

Stability level
7.5

Growth rate 10%

Growth rate 0.3%

Diversity
3.1
Race

American Indian and Alaska Native 0.23%

Asian 8.15%

Black or African American 3.04%

Hispanic or Latino 8.67%

Unknown 5.32%

White 74.58%

Gender

female 17.27%

male 82.73%

Age - 38
Race

American Indian and Alaska Native 3.00%

Asian 7.00%

Black or African American 14.00%

Hispanic or Latino 19.00%

White 57.00%

Gender

female 47.00%

male 53.00%

Age - 38
Stress level
7.5

Stress level is high

7.1 - high

Complexity level
9.0

Complexity level is advanced

7 - challenging

Work life balance
3.5

Work life balance is poor

6.4 - fair

Co-founder & managing director career paths

Key steps to become a co-founder & managing director

  1. Explore co-founder & managing director education requirements

    Most common co-founder & managing director degrees

    Bachelor's

    72.0 %

    Master's

    21.3 %

    Diploma

    2.6 %
  2. Start to develop specific co-founder & managing director skills

    SkillsPercentages
    Business Strategy16.00%
    Financial Management13.49%
    Start-Up9.41%
    Business Plan6.15%
    Real Estate5.47%
  3. Complete relevant co-founder & managing director training and internships

    Accountants spend an average of 1-3 months on post-employment, on-the-job training. New co-founder & managing directors learn the skills and techniques required for their job and employer during this time. The chart below shows how long it takes to gain competency as a co-founder & managing director based on U.S. Bureau of Labor Statistics data and data from real co-founder & managing director resumes.
  4. Research co-founder & managing director duties and responsibilities

    • Manage business forecasts, ordering and logistics of materials, equipment and services.
    • Design online marketing strategy and lead professional marketing team and interns in SEO, SEM, social media marketing.
    • Provide oversight to ensure projects and programs within various portfolios are in compliance with establish standards to achieve business transformation objectives.
    • Provide oversight to ensure projects and programs within various portfolios are in compliance with establish standards to achieve business transformation objectives.
  5. Get co-founder & managing director experience

    Generally, it takes 8-10 years to become a co-founder & managing director. The most common roles before becoming a co-founder & managing director include vice president, managing director team lead and consultant.
  6. Apply for co-founder & managing director jobs

    Now it's time to start searching for a co-founder & managing director job. Consider the tips below for a successful job search:

    1. Browse job boards for relevant postings
    2. Consult your professional network
    3. Reach out to companies you're interested in working for directly
    4. Watch out for job scams

How did you land your first co-founder & managing director job

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Average co-founder & managing director salary

The average co-founder & managing director salary in the United States is $151,426 per year or $73 per hour. Co-founder & managing director salaries range between $63,000 and $358,000 per year.

Average co-founder & managing director salary
$151,426 Yearly
$72.80 hourly

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Updated January 8, 2025

Zippia Research Team
Zippia Team

Editorial Staff

The Zippia Research Team has spent countless hours reviewing resumes, job postings, and government data to determine what goes into getting a job in each phase of life. Professional writers and data scientists comprise the Zippia Research Team.

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