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President/owner vs entrepreneur

The differences between president/owners and entrepreneurs 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/owner and an entrepreneur. Additionally, a president/owner has an average salary of $114,992, which is higher than the $70,849 average annual salary of an entrepreneur.

The top three skills for a president/owner include financial statements, payroll and product development. The most important skills for an entrepreneur are kids, web design, and product development.

President/owner vs entrepreneur overview

President/OwnerEntrepreneur
Yearly salary$114,992$70,849
Hourly rate$55.28$34.06
Growth rate6%6%
Number of jobs83,31434,711
Job satisfaction--
Most common degreeBachelor's Degree, 63%Bachelor's Degree, 62%
Average age4444
Years of experience66

What does a president/owner do?

A President or Owner can have varying responsibilities depending on the organization or company that they operate. However, most of the time, they are the leaders who oversee the entire function and revenues in their business, including the hiring and management process. The President and Owner can also be the face of a company, often appearing to address and communicate to the public. Furthermore, they are responsible for implementing guidelines that would drive the company towards its vision and mission.

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.

President/owner vs entrepreneur salary

President/owners and entrepreneurs have different pay scales, as shown below.

President/OwnerEntrepreneur
Average salary$114,992$70,849
Salary rangeBetween $76,000 And $172,000Between $42,000 And $118,000
Highest paying City-New York, NY
Highest paying state-New York
Best paying company-General Catalyst
Best paying industry-Finance

Differences between president/owner and entrepreneur education

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

President/OwnerEntrepreneur
Most common degreeBachelor's Degree, 63%Bachelor's Degree, 62%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

President/owner vs entrepreneur demographics

Here are the differences between president/owners' and entrepreneurs' demographics:

President/OwnerEntrepreneur
Average age4444
Gender ratioMale, 75.8% Female, 24.2%Male, 58.5% Female, 41.5%
Race ratioBlack or African American, 6.1% Unknown, 4.3% Hispanic or Latino, 15.0% Asian, 6.3% White, 67.7% American Indian and Alaska Native, 0.5%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 Percentage10%10%

Differences between president/owner and entrepreneur duties and responsibilities

President/owner example responsibilities.

  • Manage business functions: payroll, A/P, A/R, taxes, business direction, and negotiate contracts.
  • Manage and maintain business/banking/ordering/scheduling/event coordination and payroll weekly.
  • Oversee financial reporting and analysis, costing, budgeting, A/P, A/R, collections, fix assets, etc.
  • Assist with clients' selections and have immense knowledge of paint, tile, flooring, windows, cabinets, doors ...
  • Obtain and complete the documentation necessary to form the LLC and vendor licensing to do business in the state of Ohio.
  • Conduct yearly meetings and product presentations directly to LLC stakeholders.
  • 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

President/owner vs entrepreneur skills

Common president/owner skills
  • Financial Statements, 14%
  • Payroll, 13%
  • Product Development, 10%
  • Business Plan, 6%
  • Real Estate, 6%
  • R, 5%
Common entrepreneur skills
  • Kids, 51%
  • Web Design, 7%
  • Product Development, 5%
  • Business Plan, 4%
  • Financial Statements, 4%
  • Business Model, 2%

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