Co-founder & managing director vs business development manager

The differences between co-founder & managing directors and business development managers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 8-10 years to become both a co-founder & managing director and a business development manager. Additionally, a co-founder & managing director has an average salary of $151,426, which is higher than the $100,769 average annual salary of a business development manager.

The top three skills for a co-founder & managing director include business strategy, financial management and start-up. The most important skills for a business development manager are customer service, CRM, and healthcare.

Co-founder & managing director vs business development manager overview

	Co-Founder & Managing Director	Business Development Manager
Yearly salary	$151,426	$100,769
Hourly rate	$72.80	$48.45
Growth rate	10%	10%
Number of jobs	29,900	215,309
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 72%	Bachelor's Degree, 74%
Average age	39	39
Years of experience	10	10

Co-founder & managing director vs business development manager salary

Co-founder & managing directors and business development managers have different pay scales, as shown below.

	Co-Founder & Managing Director	Business Development Manager
Average salary	$151,426	$100,769
Salary range	Between $63,000 And $358,000	Between $67,000 And $151,000
Highest paying City	-	San Francisco, CA
Highest paying state	-	California
Best paying company	-	Shearman & Sterling
Best paying industry	-	Finance

Differences between co-founder & managing director and business development manager education

There are a few differences between a co-founder & managing director and a business development manager in terms of educational background:

	Co-Founder & Managing Director	Business Development Manager
Most common degree	Bachelor's Degree, 72%	Bachelor's Degree, 74%
Most common major	Business	Business
Most common college	University of Georgia	University of Georgia

Co-founder & managing director vs business development manager demographics

Here are the differences between co-founder & managing directors' and business development managers' demographics:

	Co-Founder & Managing Director	Business Development Manager
Average age	39	39
Gender ratio	Male, 82.7% Female, 17.3%	Male, 68.6% Female, 31.4%
Race ratio	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%	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 Percentage	10%	10%

Differences between co-founder & managing director and business development manager duties and responsibilities

Co-founder & managing director example 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.
Direct product definition, design and production of infrare remote control systems for OEM market.
Identify by OEM's as the regions top retailer due to innovative floor plans and merchandising.

Business development manager example responsibilities.

Manage Seo of websites and campaigns.
Manage the provisioning and implementation of the cloud solutions for different customers.
Lead worldwide development for high traffic facilities; markets include Americas, Europe, Asia-Pacific.
Manage the global support team and are responsible for cost reduction for the UK ready meals facility.
Assist in leading a team of BDM's to achieve revenue, attrition, and value add service goals.
Leverage in-depth knowledge of complex manage security solutions as well as extensive technical knowledge of security hardware and software.

Co-founder & managing director vs business development manager skills

Common co-founder & managing director skills

Business Strategy, 16%
Financial Management, 13%
Start-Up, 9%
Business Plan, 6%
Real Estate, 5%
Human Resources, 4%

Common business development manager skills

Customer Service, 8%
CRM, 7%
Healthcare, 5%
Business Relationships, 4%
Customer Relationships, 3%
Project Management, 3%

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Co-Founder & Managing Director
Co-Founder & Managing Director vs Business Development Manager

Updated January 8, 2025

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