Co-owner vs chief executive officer

The differences between co-owners and chief executive officers 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-owner and a chief executive officer. Additionally, a chief executive officer has an average salary of $192,260, which is higher than the $86,704 average annual salary of a co-owner.

The top three skills for a co-owner include customer service, financial statements and business plan. The most important skills for a chief executive officer are healthcare, patients, and patient care.

Co-owner vs chief executive officer overview

	Co-Owner	Chief Executive Officer
Yearly salary	$86,704	$192,260
Hourly rate	$41.68	$92.43
Growth rate	6%	6%
Number of jobs	52,915	149,185
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 54%	Bachelor's Degree, 59%
Average age	52	52
Years of experience	-	-

What does a co-owner do?

A co-owner is responsible for ensuring smooth business operations, searching for the best industrial opportunities to drive revenues and increase profitability. Some of the business co-owners' duties include planning activities for business promotions, monitoring current market trends, establishing a reliable workforce, developing product specifications, managing financial goals and cost estimates, strengthening marketing strategies, and keeping records of business papers and documents. A co-owner should have excellent leadership, communication, and decision-making skills to secure business growth and success.

What does a chief executive officer do?

A chief executive officer is the overall head of the company's operations. Chief executive officers are responsible for making corporate decisions that would define the company's performance in the market. A chief executive officer must display exceptional leadership and decision-making skills to create business growth and development strategies. The chief executive officers also provide a regular business update to the board regarding the company's status. They should also be able to identify business opportunities and create long-lasting, professional relationships with business partners and other organizations.

Co-owner vs chief executive officer salary

Co-owners and chief executive officers have different pay scales, as shown below.

	Co-Owner	Chief Executive Officer
Average salary	$86,704	$192,260
Salary range	Between $63,000 And $118,000	Between $104,000 And $354,000
Highest paying City	-	Urban Honolulu, HI
Highest paying state	-	Hawaii
Best paying company	-	Alecto Healthcare Services LLC
Best paying industry	-	Start-up

Differences between co-owner and chief executive officer education

There are a few differences between a co-owner and a chief executive officer in terms of educational background:

	Co-Owner	Chief Executive Officer
Most common degree	Bachelor's Degree, 54%	Bachelor's Degree, 59%
Most common major	Business	Business
Most common college	University of Pennsylvania	University of Pennsylvania

Co-owner vs chief executive officer demographics

Here are the differences between co-owners' and chief executive officers' demographics:

	Co-Owner	Chief Executive Officer
Average age	52	52
Gender ratio	Male, 53.2% Female, 46.8%	Male, 68.5% Female, 31.5%
Race ratio	Black or African American, 3.7% Unknown, 3.9% Hispanic or Latino, 7.5% Asian, 7.4% White, 76.8% American Indian and Alaska Native, 0.6%	Black or African American, 3.8% Unknown, 3.9% Hispanic or Latino, 7.9% Asian, 7.8% White, 76.0% American Indian and Alaska Native, 0.6%
LGBT Percentage	12%	12%

Differences between co-owner and chief executive officer duties and responsibilities

Co-owner example responsibilities.

Manage inventory, profit and loss analysis, ROI, staff training and health department standards & safety regulations.
Manage budget and financial operations, including payroll and inventory.
Manage the day to day operation/financial operations of Medicare certify home health agency.
Acquire LLC, zone compliance, city business license and all other necessary documentation for a new business.
Complete all paperwork necessary for LLC, business license, insurance requirements, audits and home improvement license.
Photograph, edit (Photoshop) and upload pictures on website for new items or for products with new look.

Chief executive officer example responsibilities.

Manage the bidding process by reviewing all RFP and preparing responses.
Manage complex Google, Facebook, SEO/Content, drip email, behavior base emails, and so much more.
Manage and grow Instagram accounts of large and small businesses as well as individual accounts such as models and singers.
Design, execute, and manage the construction and d cor of store location and seasonal windows of old store location.
Develop an IP within the e-Gaming & mobile-gaming world that can achieve ad revenue greater than Google or Facebook potentially combine.
Source and manage contractors for frontend JavaScript development.

Co-owner vs chief executive officer skills

Common co-owner skills

Customer Service, 39%
Financial Statements, 13%
Business Plan, 4%
Real Estate, 3%
QuickBooks, 3%
Inventory Control, 3%

Common chief executive officer skills

Healthcare, 13%
Patients, 10%
Patient Care, 8%
Customer Service, 8%
Financial Management, 6%
Oversight, 5%

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Co-Owner vs Chief Executive Officer

Updated January 8, 2025

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