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Owner/operator vs entrepreneur

The differences between owner/operators and entrepreneurs can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 1-2 years to become an owner/operator, becoming an entrepreneur takes usually requires 4-6 years. Additionally, an owner/operator has an average salary of $167,288, which is higher than the $70,849 average annual salary of an entrepreneur.

The top three skills for an owner/operator include CDL, PET and customer service. The most important skills for an entrepreneur are kids, web design, and product development.

Owner/operator vs entrepreneur overview

Owner/OperatorEntrepreneur
Yearly salary$167,288$70,849
Hourly rate$80.43$34.06
Growth rate4%6%
Number of jobs119,59934,711
Job satisfaction5-
Most common degreeBachelor's Degree, 42%Bachelor's Degree, 62%
Average age4844
Years of experience26

What does an owner/operator do?

Owners/operators manage the business in all aspects, especially in those related to operations. They ensure that every aspect of the business is running smoothly. They oversee finance, marketing, logistics, sales, and even the human resources of the whole organization. They set business goals, create action plans to achieve them, and make sure that the plans are followed through. They set strategic direction and make business decisions that would be the most beneficial to the organization. They ensure that the business has enough funds to continue operating and that the quality of the products and services they offer continuously improve.

What does an entrepreneur do?

An entrepreneur is a business owner who regularly creates new ventures and sells them with the end goal of turning them into profit. To start up a new business, entrepreneurs must create business plans and acquire resources and financing while hiring talented individuals. They play a vital role in the economy because they are the driver of economic growth and innovation. They also make use of their business as a means of creating a sustainable living, which improves the quality of life.

Owner/operator vs entrepreneur salary

Owner/operators and entrepreneurs have different pay scales, as shown below.

Owner/OperatorEntrepreneur
Average salary$167,288$70,849
Salary rangeBetween $105,000 And $264,000Between $42,000 And $118,000
Highest paying CityBridgeport, CTNew York, NY
Highest paying stateOregonNew York
Best paying companyReddy IceGeneral Catalyst
Best paying industryTechnologyFinance

Differences between owner/operator and entrepreneur education

There are a few differences between an owner/operator and an entrepreneur in terms of educational background:

Owner/OperatorEntrepreneur
Most common degreeBachelor's Degree, 42%Bachelor's Degree, 62%
Most common majorBusinessBusiness
Most common college-University of Pennsylvania

Owner/operator vs entrepreneur demographics

Here are the differences between owner/operators' and entrepreneurs' demographics:

Owner/OperatorEntrepreneur
Average age4844
Gender ratioMale, 66.8% Female, 33.2%Male, 58.5% Female, 41.5%
Race ratioBlack or African American, 12.1% Unknown, 4.7% Hispanic or Latino, 17.1% Asian, 3.6% White, 61.7% American Indian and Alaska Native, 0.8%Black or African American, 6.3% Unknown, 4.3% Hispanic or Latino, 15.4% Asian, 6.4% White, 67.1% American Indian and Alaska Native, 0.5%
LGBT Percentage4%10%

Differences between owner/operator and entrepreneur duties and responsibilities

Owner/operator example responsibilities.

  • Create and manage a free subscription, advertising- base facsimile publication and franchising system.
  • Manage all inventory for eBay store, including its labeling, storage, sales, and overall organization.
  • Design, implement and manage processes base on ITIL best practices, standards and relate support tools across the organization.
  • Direct daily operations of four profit centers, managing all financial functions to include A/R, A/P, payroll and purchasing.
  • Create and manage print and electronic co-op advertising program
  • Manage end to end business operations including hiring, scheduling visits, conducting customer consultations and performing pet visits.
  • Show more

Entrepreneur example responsibilities.

  • Create and manage Instagram pages for clients, which contributes to the increase in social media following.
  • Manage and find members of band; help create YouTube videos; write music and play guitar.
  • Start and manage this LLC dedicate to the seasonal retail and wholesale sale of consumer fireworks at multiple locations in Pennsylvania
  • Formulate strategy and lead resulting IP acquisition and development efforts.
  • Manage accounting, payroll, advertising, curriculum development, and business relationships.
  • Develop and maintain site features and landing pages, leveraging customize JavaScript and PHP modules/plugins.
  • Show more

Owner/operator vs entrepreneur skills

Common owner/operator skills
  • CDL, 57%
  • PET, 16%
  • Customer Service, 12%
  • Payroll, 4%
  • Human Resources, 1%
  • Windows, 1%
Common entrepreneur skills
  • Kids, 51%
  • Web Design, 7%
  • Product Development, 5%
  • Business Plan, 4%
  • Financial Statements, 4%
  • Business Model, 2%

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