Owner and founder vs managing partner

The differences between owner and founders and managing partners can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both an owner and founder and a managing partner. Additionally, a managing partner has an average salary of $147,401, which is higher than the $69,307 average annual salary of an owner and founder.

The top three skills for an owner and founder include web design, financial statements and product development. The most important skills for a managing partner are food handling, cleanliness, and customer service.

Owner and founder vs managing partner overview

	Owner And Founder	Managing Partner
Yearly salary	$69,307	$147,401
Hourly rate	$33.32	$70.87
Growth rate	6%	6%
Number of jobs	53,656	66,916
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 68%	Bachelor's Degree, 67%
Average age	44	44
Years of experience	6	6

What does an owner and founder do?

An owner and founder are responsible for the primary development of a company or business and the vision and mission it upholds. Aside from overseeing the overall business processes, it is also their role to address the public and represent the company. Most of the time, they have the power to make decisions, but there are instances where one must reach out to board members first for approval. Furthermore, it is an owner and founder who develops and implements the policies and regulations that mold a company.

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.

Owner and founder vs managing partner salary

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

	Owner And Founder	Managing Partner
Average salary	$69,307	$147,401
Salary range	Between $45,000 And $105,000	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 owner and founder and managing partner education

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

	Owner And Founder	Managing Partner
Most common degree	Bachelor's Degree, 68%	Bachelor's Degree, 67%
Most common major	Business	Business
Most common college	University of Pennsylvania	University of Pennsylvania

Owner and founder vs managing partner demographics

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

	Owner And Founder	Managing Partner
Average age	44	44
Gender ratio	Male, 64.4% Female, 35.6%	Male, 79.0% Female, 21.0%
Race ratio	Black or African American, 6.3% Unknown, 4.3% Hispanic or Latino, 15.5% Asian, 6.4% White, 67.0% American Indian and Alaska Native, 0.5%	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	10%	10%

Differences between owner and founder and managing partner duties and responsibilities

Owner and founder example responsibilities.

Design, build and manage websites with current standards (HTML, CSS, Photoshop).
Manage company expense and payroll accounts, purchase and deliver materials to job-sites, and business administrative services simultaneously.
Utilize HTML code for all website content.
Assist with e-mail marketing with hand-code HTML templates.
Negotiate acquisition of outside interest to consolidate shares within working partners of LLC.
Invest seed funding, establish billing infrastructure, and register business as LLC.

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.

Owner and founder vs managing partner skills

Common owner and founder skills

Web Design, 23%
Financial Statements, 8%
Product Development, 7%
Payroll, 5%
Business Plan, 4%
Facebook, 4%

Common managing partner skills

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

Owner And Founder vs. similar jobs

Owner And Founder related careers

Owner And Founder related jobs

What similar roles do

Zippia Careers
Executive Management Industry
Owner And Founder
Owner And Founder vs Managing Partner

Updated January 8, 2025

Browse executive management jobs