Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
The differences between entrepreneurs and service 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 a service manager. Additionally, a service manager has an average salary of $74,009, 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 a service manager are POS, performance reviews, and cash handling.
| Entrepreneur | Service Manager | |
| Yearly salary | $70,849 | $74,009 |
| Hourly rate | $34.06 | $35.58 |
| Growth rate | 6% | 6% |
| Number of jobs | 34,711 | 341,785 |
| Job satisfaction | - | 4 |
| Most common degree | Bachelor's Degree, 62% | Bachelor's Degree, 52% |
| 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.
Service managers are employees who oversee the departments related to providing services to customers. They ensure that service delivery agreements are met by employees in the department. Service managers meet with stakeholders to set service delivery metrics and department goals. They then create strategies to reach these metrics and goals. They are responsible for cascading such goals and metrics to their employees and ensuring that the employees understand what they need to do. Service managers should have a deep understanding and appreciation of the company and its business so that they can create strategies that are in line with the company's identity. They should also be familiar with the customer profiles of the company. Service managers are also responsible for creating department reports and sharing these with stakeholders.
Entrepreneurs and service managers have different pay scales, as shown below.
| Entrepreneur | Service Manager | |
| Average salary | $70,849 | $74,009 |
| Salary range | Between $42,000 And $118,000 | Between $47,000 And $116,000 |
| Highest paying City | New York, NY | San Francisco, CA |
| Highest paying state | New York | New York |
| Best paying company | General Catalyst | Latham & Watkins |
| Best paying industry | Finance | Technology |
There are a few differences between an entrepreneur and a service manager in terms of educational background:
| Entrepreneur | Service Manager | |
| Most common degree | Bachelor's Degree, 62% | Bachelor's Degree, 52% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between entrepreneurs' and service managers' demographics:
| Entrepreneur | Service Manager | |
| Average age | 44 | 44 |
| Gender ratio | Male, 58.5% Female, 41.5% | Male, 71.1% Female, 28.9% |
| 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, 6.1% Unknown, 4.3% Hispanic or Latino, 15.0% Asian, 6.3% White, 67.7% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 10% | 10% |