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President and founder vs business owner

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 vs business owner overview

President And FounderBusiness Owner
Yearly salary$101,739$50,934
Hourly rate$48.91$24.49
Growth rate6%6%
Number of jobs30,920107,663
Job satisfaction--
Most common degreeBachelor's Degree, 72%Bachelor's Degree, 52%
Average age4444
Years of experience66

What does a president and founder do?

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.

What does a business owner do?

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 founder vs business owner salary

President and founders and business owners have different pay scales, as shown below.

President And FounderBusiness Owner
Average salary$101,739$50,934
Salary rangeBetween $49,000 And $207,000Between $27,000 And $94,000
Highest paying City-Seattle, WA
Highest paying state-Washington
Best paying company-BD
Best paying industry-Retail

Differences between president and founder and business owner education

There are a few differences between a president and founder and a business owner in terms of educational background:

President And FounderBusiness Owner
Most common degreeBachelor's Degree, 72%Bachelor's Degree, 52%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

President and founder vs business owner demographics

Here are the differences between president and founders' and business owners' demographics:

President And FounderBusiness Owner
Average age4444
Gender ratioMale, 68.7% Female, 31.3%Male, 51.4% Female, 48.6%
Race ratioBlack 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 Percentage10%10%

Differences between president and founder and business owner duties and responsibilities

President and founder example responsibilities.

  • Achieve a 5-star rating on Facebook and have had over 300 successful adoptions in 3 years.
  • Gain social media marketing experience through managing Instagram and Facebook accounts, the sole outlet of retail sales.
  • Create spin-off (S3G, LLC) of SMI that installs and manages triple play services for development companies and institutions.
  • Achieve an excellent ROI by developing and integrating a strategic target online lead generation program.
  • Manage company expense and payroll accounts, purchase and deliver materials to job-sites, and business administrative services simultaneously.
  • School principal and mathematics teacher.
  • Show more

Business owner example responsibilities.

  • Manage the budget and insure operations run smoothly.
  • Create, own and manage a LLC for grind pet transportation.
  • Establish and manage a beading boutique via the Internet by utilizing Photoshop to post designs on a personal website.
  • Manage sales, customer service, billing, A/P, A/R, vendor relations, negotiations, repairs, and maintenance.
  • Manage end to end business operations including hiring, scheduling visits, conducting customer consultations and performing pet visits.
  • Handle all aspects from A/P to A/R, payroll, ordering and dealing with all distributors and city officials.
  • Show more

President and founder vs business owner skills

Common president and founder skills
  • Web Design, 15%
  • Financial Management, 8%
  • Non-Profit Organization, 7%
  • Business Strategy, 6%
  • Product Development, 6%
  • Business Plan, 6%
Common business owner skills
  • Customer Service, 31%
  • Payroll, 12%
  • Financial Statements, 9%
  • Business Plan, 7%
  • Business Model, 3%
  • Real Estate, 2%

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