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The differences between founder and chief executive officers and entrepreneurs can be seen in a few details. Each job has different responsibilities and duties. While it typically takes More than 10 years to become a founder and chief executive officer, becoming an entrepreneur takes usually requires 4-6 years. Additionally, a founder and chief executive officer has an average salary of $171,886, which is higher than the $70,849 average annual salary of an entrepreneur.
The top three skills for a founder and chief executive officer include web design, financial statements and business strategy. The most important skills for an entrepreneur are kids, web design, and product development.
| Founder And Chief Executive Officer | Entrepreneur | |
| Yearly salary | $171,886 | $70,849 |
| Hourly rate | $82.64 | $34.06 |
| Growth rate | 6% | 6% |
| Number of jobs | 130,252 | 34,711 |
| Job satisfaction | 4 | - |
| Most common degree | Bachelor's Degree, 65% | Bachelor's Degree, 62% |
| Average age | 52 | 44 |
| Years of experience | - | 6 |
Being the highest-ranking executive, founders, and chief executive officers (CEO) is responsible for making strategic corporate decisions for an organization. Their duties and responsibilities varied depending on the size, corporate structure, and culture of a company. These include acting as the primary point of contact between corporate operations and the board of directors, managing the entire resources and operations of a company, and being the company's public face. They are often more involved and hands-on with the company's daily operations and are expected to set the vision, tone, and culture of an organization.
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.
Founder and chief executive officers and entrepreneurs have different pay scales, as shown below.
| Founder And Chief Executive Officer | Entrepreneur | |
| Average salary | $171,886 | $70,849 |
| Salary range | Between $107,000 And $275,000 | Between $42,000 And $118,000 |
| Highest paying City | New York, NY | New York, NY |
| Highest paying state | New Jersey | New York |
| Best paying company | UpGuard | General Catalyst |
| Best paying industry | Energy | Finance |
There are a few differences between a founder and chief executive officer and an entrepreneur in terms of educational background:
| Founder And Chief Executive Officer | Entrepreneur | |
| Most common degree | Bachelor's Degree, 65% | Bachelor's Degree, 62% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between founder and chief executive officers' and entrepreneurs' demographics:
| Founder And Chief Executive Officer | Entrepreneur | |
| Average age | 52 | 44 |
| Gender ratio | Male, 73.2% Female, 26.8% | Male, 58.5% Female, 41.5% |
| Race ratio | Black or African American, 3.7% Unknown, 3.9% Hispanic or Latino, 7.6% Asian, 7.5% White, 76.7% American Indian and Alaska Native, 0.6% | 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 | 12% | 10% |