Founder, co-owner vs managing partner

The differences between founders, co-owner and managing partners 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, co-owner, becoming a managing partner takes usually requires 4-6 years. Additionally, a managing partner has an average salary of $147,401, which is higher than the $83,356 average annual salary of a founder, co-owner.

The top three skills for a founder, co-owner include business plan, payroll and R. The most important skills for a managing partner are food handling, cleanliness, and customer service.

Founder, co-owner vs managing partner overview

	Founder, Co-Owner	Managing Partner
Yearly salary	$83,356	$147,401
Hourly rate	$40.08	$70.87
Growth rate	6%	6%
Number of jobs	50,040	66,916
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 71%	Bachelor's Degree, 67%
Average age	52	44
Years of experience	-	6

Founder, co-owner vs managing partner salary

Founders, co-owner and managing partners have different pay scales, as shown below.

	Founder, Co-Owner	Managing Partner
Average salary	$83,356	$147,401
Salary range	Between $46,000 And $150,000	Between $83,000 And $259,000
Highest paying City	-	New York, NY
Highest paying state	-	New York
Best paying company	-	Gartner
Best paying industry	-	Construction

Differences between founder, co-owner and managing partner education

There are a few differences between a founder, co-owner and a managing partner in terms of educational background:

	Founder, Co-Owner	Managing Partner
Most common degree	Bachelor's Degree, 71%	Bachelor's Degree, 67%
Most common major	Business	Business
Most common college	University of Pennsylvania	University of Pennsylvania

Founder, co-owner vs managing partner demographics

Here are the differences between founders, co-owner' and managing partners' demographics:

	Founder, Co-Owner	Managing Partner
Average age	52	44
Gender ratio	Male, 66.3% Female, 33.7%	Male, 79.0% Female, 21.0%
Race ratio	Black or African American, 3.7% Unknown, 3.9% Hispanic or Latino, 7.7% Asian, 7.6% White, 76.4% American Indian and Alaska Native, 0.6%	Black or African American, 6.2% 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%

Differences between founder, co-owner and managing partner duties and responsibilities

Founder, co-owner example responsibilities.

Manage production, oversee international shipping and coordinate between Guatemala and NYC office and international retailers.
Establish a license LLC in the state of Michigan in order to operate a business.
Form LLC and purchase equipment to provide bus transportation for corporate groups, shuttles, and special events.
Leverage existing on-line consignment presence & invest in the training and additional resources require to dramatically enhance e-commerce skills and capabilities.
Generate major OEM product specifications and development plans and schedules.

Managing partner example responsibilities.

Manage website, eBay, and Facebook marketing, as well as vendor relations and cross-marketing with vendors.
Manage daily operations, including office administration, accounts-payable, accounts-receivable, and payroll processing.
Develop and implement marketing campaigns, and manage a variety self-contain EMR systems for numerous private practice healthcare providers.
Provide oversight to ensure projects and programs within various portfolios are in compliance with establish standards to achieve business transformation objectives.
Perform all business development, sales, marketing, basic web design and SEO; administrative operations and actual event performance.
Create and develop internet presence via website and FaceBook.

Founder, co-owner vs managing partner skills

Common founder, co-owner skills

Business Plan, 10%
Payroll, 8%
R, 5%
SEO, 5%
Facebook, 4%
Business Development, 4%

Common managing partner skills

Food Handling, 20%
Cleanliness, 18%
Customer Service, 9%
Financial Statements, 5%
Regulatory Compliance, 4%
POS, 4%

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Founder, Co-Owner
Founder, Co-Owner vs Managing Partner

Updated January 8, 2025

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