Managing partner vs founding partner

The differences between managing partners and founding partners can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become a managing partner, becoming a founding partner takes usually requires 8-10 years. Additionally, a managing partner has an average salary of $147,401, which is higher than the $124,057 average annual salary of a founding partner.

The top three skills for a managing partner include food handling, cleanliness and customer service. The most important skills for a founding partner are financial statements, business strategy, and website development.

Managing partner vs founding partner overview

	Managing Partner	Founding Partner
Yearly salary	$147,401	$124,057
Hourly rate	$70.87	$59.64
Growth rate	6%	10%
Number of jobs	66,916	23,590
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 67%	Bachelor's Degree, 65%
Average age	44	39
Years of experience	6	10

Managing partner vs founding partner salary

Managing partners and founding partners have different pay scales, as shown below.

	Managing Partner	Founding Partner
Average salary	$147,401	$124,057
Salary range	Between $83,000 And $259,000	Between $58,000 And $261,000
Highest paying City	New York, NY	-
Highest paying state	New York	-
Best paying company	Gartner	-
Best paying industry	Construction	-

Differences between managing partner and founding partner education

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

	Managing Partner	Founding Partner
Most common degree	Bachelor's Degree, 67%	Bachelor's Degree, 65%
Most common major	Business	Business
Most common college	University of Pennsylvania	University of Georgia

Managing partner vs founding partner demographics

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

	Managing Partner	Founding Partner
Average age	44	39
Gender ratio	Male, 79.0% Female, 21.0%	Male, 77.4% Female, 22.6%
Race ratio	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%	Black or African American, 3.0% Unknown, 5.3% Hispanic or Latino, 8.7% Asian, 8.2% White, 74.6% American Indian and Alaska Native, 0.2%
LGBT Percentage	10%	10%

Differences between managing partner and founding partner duties and responsibilities

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.

Founding partner example responsibilities.

Maintain patients charts and maintaining accurate documentation, while making sure unit operates smoothly to achieve optimum patient satisfaction.
Develop a social media presence on Youtube, Facebook, Instagram, Skypixel, Airvuz and Vimeo.
Design and develop a standard interface, comparative data base, healthcare normative vocabulary, and true natural language query system.
Establish an independent consulting agency specializing in healthcare operations and training.
Consult with potential investors to participate in investment opportunities develop by LLC.
Strengthen compliance policies and procedures for independent fee-only RIA, develop small-business retirement offering, establish attorney and CPA referral network.

Managing partner vs founding partner skills

Common managing partner skills

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

Common founding partner skills

Financial Statements, 11%
Business Strategy, 9%
Website Development, 7%
Real Estate, 7%
Start-Up, 6%
Business Plan, 5%