Entrepreneur vs co-owner/operator

The differences between entrepreneurs and co-owner/operators 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 a co-owner/operator. Additionally, an entrepreneur has an average salary of $70,849, which is higher than the $32,256 average annual salary of a co-owner/operator.

The top three skills for an entrepreneur include kids, web design and product development. The most important skills for a co-owner/operator are co-op, patients, and data analysis.

Entrepreneur vs co-owner/operator overview

	Entrepreneur	Co-Owner/Operator
Yearly salary	$70,849	$32,256
Hourly rate	$34.06	$15.51
Growth rate	6%	6%
Number of jobs	34,711	95,615
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 62%	Bachelor's Degree, 60%
Average age	44	44
Years of experience	6	6

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 a co-owner/operator do?

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.

Entrepreneur vs co-owner/operator salary

Entrepreneurs and co-owner/operators have different pay scales, as shown below.

	Entrepreneur	Co-Owner/Operator
Average salary	$70,849	$32,256
Salary range	Between $42,000 And $118,000	Between $21,000 And $49,000
Highest paying City	New York, NY	Rahway, NJ
Highest paying state	New York	New York
Best paying company	General Catalyst	BorgWarner
Best paying industry	Finance	Technology

Differences between entrepreneur and co-owner/operator education

There are a few differences between an entrepreneur and a co-owner/operator in terms of educational background:

	Entrepreneur	Co-Owner/Operator
Most common degree	Bachelor's Degree, 62%	Bachelor's Degree, 60%
Most common major	Business	Business
Most common college	University of Pennsylvania	University of Pennsylvania

Entrepreneur vs co-owner/operator demographics

Here are the differences between entrepreneurs' and co-owner/operators' demographics:

	Entrepreneur	Co-Owner/Operator
Average age	44	44
Gender ratio	Male, 58.5% Female, 41.5%	Male, 58.4% Female, 41.6%
Race ratio	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%	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%
LGBT Percentage	10%	10%

Differences between entrepreneur and co-owner/operator 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.

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Co-owner/operator example responsibilities.

Manage shipping and warehousing for the entire U.S., as well as A/R & A/P.
Manage end to end business operations including hiring, scheduling visits, conducting customer consultations and performing pet visits.
Perform renovations and finishing work, roof work, windows, siding and much more.
Developed/Maintain Facebook page for marketing/advertising.
Developed/Maintain Facebook page for marketing/advertising.

Entrepreneur vs co-owner/operator skills

Common entrepreneur skills

Kids, 51%
Web Design, 7%
Product Development, 5%
Business Plan, 4%
Financial Statements, 4%
Business Model, 2%

Common co-owner/operator skills

Co-Op, 35%
Patients, 10%
Data Analysis, 7%
PowerPoint, 6%
Python, 4%
C++, 3%

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Updated January 8, 2025

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