Non-founders having board control means that you don't get to make the choice to replace/augment yourself as manager.
You're absolutely right, but what you're talking about has very little to do with board control. Taking the stance that "I want to retain BOARD control" isn't obstinate and egotistical-- it's basically just saying, "As the guy who works on this company for 60 hours a week, I trust myself to know when it's time to bring in professional management".
For us mere mortals, it can be done if you're raising a small amount of money and you're in an exciting space.
From what I've seen, the person who is good at the really dynamic thinking part is not necessarily good at the focus and execute part and vice versa. Being a CEO of a larger company can actually be really boring for a dynamic, hyper-inventive type. I used to fancy myself as a technical CEO until I got a better understanding of the role. A great CEO is priceless and a great inventor is priceless. If it's the same person, then great. But there is no need to force it if it's not.