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 $150,600 per year.
There is more than meets the eye when it comes to being an owner and founder. For example, did you know that they make an average of $39.78 an hour? That's $82,746 a year!
Between 2018 and 2028, the career is expected to grow 6% and produce 150,600 job opportunities across the U.S.
There are certain skills that many owner and founders have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed management skills, problem-solving skills and time-management skills.
When it comes to the most important skills required to be an owner and founder, we found that a lot of resumes listed 19.3% of owner and founders included web content, while 6.4% of resumes included financial statements, and 5.7% of resumes included product development. Hard skills like these are helpful to have when it comes to performing essential job responsibilities.
When it comes to searching for a job, many search for a key term or phrase. Instead, it might be more helpful to search by industry, as you might be missing jobs that you never thought about in industries that you didn't even think offered positions related to the owner and founder job title. But what industry to start with? Most owner and founders actually find jobs in the retail and media industries.
If you're interested in becoming an owner and founder, one of the first things to consider is how much education you need. We've determined that 53.2% of owner and founders have a bachelor's degree. In terms of higher education levels, we found that 18.4% of owner and founders have master's degrees. Even though most owner and founders have a college degree, it's possible to become one with only a high school degree or GED.
Choosing the right major is always an important step when researching how to become an owner and founder. When we researched the most common majors for an owner and founder, we found that they most commonly earn bachelor's degree degrees or master's degree degrees. Other degrees that we often see on owner and founder resumes include associate degree degrees or high school diploma degrees.
You may find that experience in other jobs will help you become an owner and founder. In fact, many owner and founder jobs require experience in a role such as internship. Meanwhile, many owner and founders also have previous career experience in roles such as sales associate or manager.