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The differences between president and founders and business owners can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a president and founder and a business owner. Additionally, a president and founder has an average salary of $101,739, which is higher than the $50,934 average annual salary of a business owner.
The top three skills for a president and founder include web design, financial management and non-profit organization. The most important skills for a business owner are customer service, payroll, and financial statements.
| President And Founder | Business Owner | |
| Yearly salary | $101,739 | $50,934 |
| Hourly rate | $48.91 | $24.49 |
| Growth rate | 6% | 6% |
| Number of jobs | 30,920 | 107,663 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 52% |
| Average age | 44 | 44 |
| Years of experience | 6 | 6 |
A president/founder is responsible for establishing efficient company strategies in achieving short-term and long-term business goals. The president/founder manages the overall workforce, ensuring the proper allocation of budget and resources for each department. A president/founder also identifies business opportunities to generate revenues and increase profitability, adjusting with the current market trends and regularly communicating with the board members for any plans and updates. They also manage business investments and partnerships to promote the business' brand and reputation. A president/founder must have excellent communication and leadership skills in bringing the company towards its goals and objectives.
Business owners, also known as Entrepreneurs, are responsible for their company and brand's success. There are many areas of responsibility when you're a business owner, such as in the aspects of planning and budgeting, arranging finances and legal documentation, and even hiring the workforce essential for the business to grow. However, these responsibilities will vary according to how a business owner will uphold them. Moreover, building a business from the ground up requires dedication and a vision and mission for the brand.
President and founders and business owners have different pay scales, as shown below.
| President And Founder | Business Owner | |
| Average salary | $101,739 | $50,934 |
| Salary range | Between $49,000 And $207,000 | Between $27,000 And $94,000 |
| Highest paying City | - | Seattle, WA |
| Highest paying state | - | Washington |
| Best paying company | - | BD |
| Best paying industry | - | Retail |
There are a few differences between a president and founder and a business owner in terms of educational background:
| President And Founder | Business Owner | |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 52% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between president and founders' and business owners' demographics:
| President And Founder | Business Owner | |
| Average age | 44 | 44 |
| Gender ratio | Male, 68.7% Female, 31.3% | Male, 51.4% Female, 48.6% |
| Race ratio | Black or African American, 6.2% Unknown, 4.3% Hispanic or Latino, 15.3% Asian, 6.4% White, 67.2% American Indian and Alaska Native, 0.5% | 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% |
| LGBT Percentage | 10% | 10% |