This dual-title signifies that you are not just the founder by starting the company but that you own sole equity in the company. This is usually recommended for smaller companies as it doesn't signify any role in the managerial hierarchy. As the company grows and more executives are added, you might want to take a more formal title like CEO. The owner and founder perform most of the top positions in the company. They perform managerial and administrative roles, marketing and sales, and even accounting sometimes. You would also be responsible for developing new products and executing ideas.
Anyone can become an owner and founder with as little as a high school diploma. However, depending on your drive and vision for your company, it is necessary to further your training and acquire new skills. Most owners and founders have Bachelor's degrees in business, marketing, and communications. Owners and founders should be skilled in product development, developing social media content, creating financial statements, and business development. Owners and founders make $150600 per year.