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Executive board member vs co-founder

The differences between executive board members and co-founders can be seen in a few details. Each job has different responsibilities and duties. It typically takes More than 10 years to become both an executive board member and a co-founder. Additionally, a co-founder has an average salary of $105,022, which is higher than the $95,749 average annual salary of an executive board member.

The top three skills for an executive board member include financial reports, fraternity and alumni. The most important skills for a co-founder are financial statements, business strategy, and business plan.

Executive board member vs co-founder overview

Executive Board MemberCo-Founder
Yearly salary$95,749$105,022
Hourly rate$46.03$50.49
Growth rate6%6%
Number of jobs69,3854,214
Job satisfaction--
Most common degreeBachelor's Degree, 78%Bachelor's Degree, 73%
Average age5252
Years of experience--

What does an executive board member do?

An executive board member is responsible for supporting the company's long-term goals and objectives by participating in corporate decisions and organizational processes to maximize business performance and generate more revenues and increase profitability. Executive board members provide consultation with management to identify business opportunities and handle areas of improvement to minimize loss and reputational risks and develop high-level marketing networks. They also assist with implementing policies and procedures to manage the efficiency of employees to ensure client satisfaction.

What does a co-founder do?

A Co-Founder is an essential member of a company as they complement the skills, vision, and mission of the Founder. Most of the time, the tasks of a Co-Founder revolve around the financial planning and developing strategies that would be beneficial for the company's financial gain and workforce. Furthermore, a Co-Founder must coordinate with the Founder and other staff and departments to remain aware of the progress or issues, should there be any, to provide timely resolutions.

Executive board member vs co-founder salary

Executive board members and co-founders have different pay scales, as shown below.

Executive Board MemberCo-Founder
Average salary$95,749$105,022
Salary rangeBetween $29,000 And $312,000Between $61,000 And $179,000
Highest paying City--
Highest paying state--
Best paying company--
Best paying industry--

Differences between executive board member and co-founder education

There are a few differences between an executive board member and a co-founder in terms of educational background:

Executive Board MemberCo-Founder
Most common degreeBachelor's Degree, 78%Bachelor's Degree, 73%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Executive board member vs co-founder demographics

Here are the differences between executive board members' and co-founders' demographics:

Executive Board MemberCo-Founder
Average age5252
Gender ratioMale, 47.9% Female, 52.1%Male, 66.0% Female, 34.0%
Race ratioBlack or African American, 3.7% Unknown, 3.9% Hispanic or Latino, 7.7% Asian, 7.6% White, 76.5% American Indian and Alaska Native, 0.6%Black or African American, 3.7% Unknown, 3.9% Hispanic or Latino, 7.6% Asian, 7.5% White, 76.6% American Indian and Alaska Native, 0.6%
LGBT Percentage12%12%

Differences between executive board member and co-founder duties and responsibilities

Executive board member example responsibilities.

  • Work with a team of 13 other members to manage, fill, and distribute THON merchandise orders.
  • Company correspondence; includes letters, proposals, contracts, PowerPoint presentations.
  • Work with state and county governments on issues that relate to the borough.
  • Use of technical background for email, word processing, spreadsheets, graphics, and PowerPoint.
  • Assist in creating a community orient Facebook page and offer insight on current policy changes and consumer product recalls.
  • Meet monthly to discuss the pending problems each school around the borough face and ways to eliminate those issues.
  • Show more

Co-founder example responsibilities.

  • Manage cross functional teams through all phases of B2C campaign development.
  • Manage social media connect to the site (20k+ twitter impressions).
  • Manage and schedule production for assembly, machining, molding and QC departments.
  • Design and manage user web experience and social media marketing campaign, leveraging 'celebrity' Instagram dogs
  • Manage drivers and customers as well as all operational functions; including sales billing, accounts receivables and payroll.
  • Manage all features of business including client service, sales, QuickBooks accounting, purchasing, shipping and customer retention.
  • Show more

Executive board member vs co-founder skills

Common executive board member skills
  • Financial Reports, 13%
  • Fraternity, 11%
  • Alumni, 9%
  • Community Outreach, 7%
  • Social Events, 5%
  • Student Organizations, 4%
Common co-founder skills
  • Financial Statements, 8%
  • Business Strategy, 7%
  • Business Plan, 6%
  • Non-Profit Organization, 5%
  • R, 5%
  • Facebook, 4%

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