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The differences between president 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 a president and founder and a managing partner. Additionally, a managing partner has an average salary of $147,401, which is higher than the $101,739 average annual salary of a president and founder.
The top three skills for a president and founder include web design, financial management and non-profit organization. The most important skills for a managing partner are food handling, cleanliness, and customer service.
| President And Founder | Managing Partner | |
| Yearly salary | $101,739 | $147,401 |
| Hourly rate | $48.91 | $70.87 |
| Growth rate | 6% | 6% |
| Number of jobs | 30,920 | 66,916 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 67% |
| 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.
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.
President and founders and managing partners have different pay scales, as shown below.
| President And Founder | Managing Partner | |
| Average salary | $101,739 | $147,401 |
| Salary range | Between $49,000 And $207,000 | 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 |
There are a few differences between a president and founder and a managing partner in terms of educational background:
| President And Founder | Managing Partner | |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 67% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between president and founders' and managing partners' demographics:
| President And Founder | Managing Partner | |
| Average age | 44 | 44 |
| Gender ratio | Male, 68.7% Female, 31.3% | Male, 79.0% Female, 21.0% |
| 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, 6.2% 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% |