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The differences between co-owner/operators and operating partners can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a co-owner/operator and an operating partner. Additionally, an operating partner has an average salary of $93,101, which is higher than the $32,256 average annual salary of a co-owner/operator.
The top three skills for a co-owner/operator include co-op, patients and data analysis. The most important skills for an operating partner are project management, shared services, and digital marketing.
| Co-Owner/Operator | Operating Partner | |
| Yearly salary | $32,256 | $93,101 |
| Hourly rate | $15.51 | $44.76 |
| Growth rate | 6% | 6% |
| Number of jobs | 95,615 | 144,208 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 60% | Bachelor's Degree, 65% |
| Average age | 44 | 44 |
| Years of experience | 6 | 6 |
A co-owner/operator is responsible for delivering goods and services for the companies using their trucks and vehicles. Co-owner/operators ensure timely merchandise deliveries, check the quantity and quality of the cargo, and follow routes accordingly. They also inspect vehicle conditions, identify any inconsistencies, and perform troubleshooting for malfunction for immediate repair or replacement of components to prevent deliveries delays. A co-owner/operator must have clean driving records, adhering to the road's safety regulations.
An operating partner coordinates a portfolio company's efforts and serves as the liaison between private equity firms. They typically assess and manage teams, set objectives, establish guidelines and timelines, conduct market research and analyses, and assist teams in developing various operational strategies. They also gather and analyze extensive data, identify the strengths and weaknesses of existing processes, recommend solutions against problem areas, and create methods to optimize operations. Moreover, an operating partner must maintain an active communication line with staff while implementing the company's policies and regulations.
Co-owner/operators and operating partners have different pay scales, as shown below.
| Co-Owner/Operator | Operating Partner | |
| Average salary | $32,256 | $93,101 |
| Salary range | Between $21,000 And $49,000 | Between $55,000 And $156,000 |
| Highest paying City | Rahway, NJ | New York, NY |
| Highest paying state | New York | Virginia |
| Best paying company | BorgWarner | Teradata |
| Best paying industry | Technology | Hospitality |
There are a few differences between a co-owner/operator and an operating partner in terms of educational background:
| Co-Owner/Operator | Operating Partner | |
| Most common degree | Bachelor's Degree, 60% | Bachelor's Degree, 65% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between co-owner/operators' and operating partners' demographics:
| Co-Owner/Operator | Operating Partner | |
| Average age | 44 | 44 |
| Gender ratio | Male, 58.4% Female, 41.6% | Male, 78.8% Female, 21.2% |
| Race ratio | Black or African American, 6.2% Unknown, 4.3% Hispanic or Latino, 15.0% Asian, 6.4% White, 67.6% American Indian and Alaska Native, 0.5% | Black or African American, 6.3% Unknown, 4.3% Hispanic or Latino, 15.4% Asian, 6.4% White, 67.1% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 10% | 10% |