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The differences between entrepreneurs and operations 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 operations manager. Additionally, an operations manager has an average salary of $76,894, which is higher than the $70,849 average annual salary of an entrepreneur.
The top three skills for an entrepreneur include kids, web design and product development. The most important skills for an operations manager are customer service, logistics, and continuous improvement.
| Entrepreneur | Operations Manager | |
| Yearly salary | $70,849 | $76,894 |
| Hourly rate | $34.06 | $36.97 |
| Growth rate | 6% | 6% |
| Number of jobs | 34,711 | 343,868 |
| Job satisfaction | - | 5 |
| Most common degree | Bachelor's Degree, 62% | Bachelor's Degree, 62% |
| Average age | 44 | 44 |
| Years of experience | 6 | 6 |
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.
Operations managers are in charge of running the main business of the organization. They ensure that the business is running smoothly from an operations standpoint. They make sure that the processes in place produce the necessary output by implementing quality control measures. They also manage finances and ensure that there is enough budget to keep the operations of the business running. They also ensure that the production of goods or services is cost-efficient. Operations managers also handle people-related concerns. They are responsible for interviewing candidates, choosing the ones to hire, and ensuring that individuals assigned to operations are properly trained.
Entrepreneurs and operations managers have different pay scales, as shown below.
| Entrepreneur | Operations Manager | |
| Average salary | $70,849 | $76,894 |
| Salary range | Between $42,000 And $118,000 | Between $47,000 And $123,000 |
| Highest paying City | New York, NY | San Francisco, CA |
| Highest paying state | New York | Delaware |
| Best paying company | General Catalyst | McKinsey & Company Inc |
| Best paying industry | Finance | Technology |
There are a few differences between an entrepreneur and an operations manager in terms of educational background:
| Entrepreneur | Operations Manager | |
| Most common degree | Bachelor's Degree, 62% | Bachelor's Degree, 62% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between entrepreneurs' and operations managers' demographics:
| Entrepreneur | Operations Manager | |
| Average age | 44 | 44 |
| Gender ratio | Male, 58.5% Female, 41.5% | Male, 69.4% Female, 30.6% |
| 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, 6.3% 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% |