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Entrepreneur vs assistant store manager

The differences between entrepreneurs and assistant store managers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both an entrepreneur and an assistant store manager. Additionally, an entrepreneur has an average salary of $70,849, which is higher than the $40,759 average annual salary of an assistant store manager.

The top three skills for an entrepreneur include kids, web design and product development. The most important skills for an assistant store manager are store management, payroll, and loss prevention.

Entrepreneur vs assistant store manager overview

EntrepreneurAssistant Store Manager
Yearly salary$70,849$40,759
Hourly rate$34.06$19.60
Growth rate6%6%
Number of jobs34,711428,619
Job satisfaction-4
Most common degreeBachelor's Degree, 62%Bachelor's Degree, 45%
Average age4444
Years of experience66

What does an entrepreneur do?

An entrepreneur is a business owner who regularly creates new ventures and sells them with the end goal of turning them into profit. To start up a new business, entrepreneurs must create business plans and acquire resources and financing while hiring talented individuals. They play a vital role in the economy because they are the driver of economic growth and innovation. They also make use of their business as a means of creating a sustainable living, which improves the quality of life.

What does an assistant store manager do?

Assistant store managers are considered second-in-command to store managers. They help oversee operations and take over when the manager is unavailable. Assistant store managers may be assigned to focus on certain aspects of store operations such as marketing, finance, human resources, or quality control. They should be familiar with running the store and with all the other tasks needed to be done. Assistant store managers should have decision-making skills, interpersonal skills, and business acumen. They should also be able to do the work usually done on the operations floor in case of a lack of manpower.

Entrepreneur vs assistant store manager salary

Entrepreneurs and assistant store managers have different pay scales, as shown below.

EntrepreneurAssistant Store Manager
Average salary$70,849$40,759
Salary rangeBetween $42,000 And $118,000Between $32,000 And $51,000
Highest paying CityNew York, NYNew York, NY
Highest paying stateNew YorkConnecticut
Best paying companyGeneral CatalystUS Foods
Best paying industryFinanceManufacturing

Differences between entrepreneur and assistant store manager education

There are a few differences between an entrepreneur and an assistant store manager in terms of educational background:

EntrepreneurAssistant Store Manager
Most common degreeBachelor's Degree, 62%Bachelor's Degree, 45%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Entrepreneur vs assistant store manager demographics

Here are the differences between entrepreneurs' and assistant store managers' demographics:

EntrepreneurAssistant Store Manager
Average age4444
Gender ratioMale, 58.5% Female, 41.5%Male, 49.2% Female, 50.8%
Race ratioBlack 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%Black or African American, 6.2% Unknown, 4.3% Hispanic or Latino, 15.1% Asian, 6.4% White, 67.5% American Indian and Alaska Native, 0.5%
LGBT Percentage10%10%

Differences between entrepreneur and assistant store manager duties and responsibilities

Entrepreneur example responsibilities.

  • Create and manage Instagram pages for clients, which contributes to the increase in social media following.
  • Manage and find members of band; help create YouTube videos; write music and play guitar.
  • Start and manage this LLC dedicate to the seasonal retail and wholesale sale of consumer fireworks at multiple locations in Pennsylvania
  • Formulate strategy and lead resulting IP acquisition and development efforts.
  • Manage accounting, payroll, advertising, curriculum development, and business relationships.
  • Develop and maintain site features and landing pages, leveraging customize JavaScript and PHP modules/plugins.
  • Show more

Assistant store manager example responsibilities.

  • Develop and implement operational strategies utilizing less payroll expenses and allot hour usage to accomplish logistical and operational excellence.
  • Execute all associate training in customer service, all operational and POS training, inventory, safety and sales floor operations.
  • Maintain store appearance and cleanliness by utilizing delegation with focus on time management.
  • Process and track payroll on a weekly basis using Kronos software.
  • Maintain appropriate staffing metrics with available store payroll via Kronos system.
  • Wash walls and equipment; use ladders when require in work assignments.
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Entrepreneur vs assistant store manager skills

Common entrepreneur skills
  • Kids, 51%
  • Web Design, 7%
  • Product Development, 5%
  • Business Plan, 4%
  • Financial Statements, 4%
  • Business Model, 2%
Common assistant store manager skills
  • Store Management, 8%
  • Payroll, 8%
  • Loss Prevention, 6%
  • Sales Floor, 5%
  • Customer Inquiries, 4%
  • Taking Care, 4%

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