Founder vs managing partner

The differences between founders and managing partners can be seen in a few details. Each job has different responsibilities and duties. Additionally, a managing partner has an average salary of $147,401, which is higher than the $91,296 average annual salary of a founder.

The top three skills for a founder include web design, business strategy and non-profit organization. The most important skills for a managing partner are food handling, cleanliness, and customer service.

Founder vs managing partner overview

	Founder	Managing Partner
Yearly salary	$91,296	$147,401
Hourly rate	$43.89	$70.87
Growth rate	-5%	6%
Number of jobs	59	66,916
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 71%	Bachelor's Degree, 67%
Average age	44	44
Years of experience	-	6

What does a founder do?

A Founder is responsible for building his/her business from the ground up through various strategies and extensive planning. A Founder is also responsible for the workforce's funding and recruitment that would be vital for a company to succeed and create a vision and mission that the business would uphold. Furthermore, a Founder must take the lead in the business planning and operations, develop and maintain goals, coordinate with the board, and maintain a healthy relationship with employees.

What does a managing partner do?

The primary role of managing partners is to manage a company's day-to-day operations and provide overall strategic and administrative decisions. They have to maintain positive client relations and consult and collaborate with other employees, executives, and board members. They are also responsible for overseeing recruitment activities, determining improvement gaps, and administering corrective measures. To be qualified for this position, one should have a degree in business administration or a related field, excellent leadership and communication skills, and a healthy analytical and strategic mindset.

Founder vs managing partner salary

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

	Founder	Managing Partner
Average salary	$91,296	$147,401
Salary range	Between $47,000 And $176,000	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 and managing partner education

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

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

Founder vs managing partner demographics

Here are the differences between founders' and managing partners' demographics:

	Founder	Managing Partner
Average age	44	44
Gender ratio	Male, 64.3% Female, 35.7%	Male, 79.0% Female, 21.0%
Race ratio	Black or African American, 10.8% Unknown, 4.9% Hispanic or Latino, 16.9% Asian, 3.7% White, 62.8% American Indian and Alaska Native, 0.9%	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	7%	10%

Differences between founder and managing partner duties and responsibilities

Founder example responsibilities.

Manage revenue, expense transactions, complete customer invoices, purchase orders (QuickBooks).
Lead team of software developers (JavaScript) and sound engineers that launch interactive sound solutions for the web.
Manage paid AdWords and Facebook marketing campaigns for consumer-persona research, brand awareness and customer acquisition.
Manage company expense and payroll accounts, purchase and deliver materials to job-sites, and business administrative services simultaneously.
Design, develop and maintain websites using cross-browser compliant XHTML, CSS & JavaScript.
Launch the site to fill a gap in educating beginner web programmers to use HTML to PHP to MySQL.

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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.

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Founder vs managing partner skills

Common founder skills

Web Design, 24%
Business Strategy, 5%
Non-Profit Organization, 5%
Facebook, 5%
R, 4%
Business Plan, 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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Updated January 8, 2025

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