Eleven unquestioned assumptions of business – and why they’re wrong
greatnotbig.com
greatnotbig.com
This one drives me crazy. If you are talking specifically about people, I'm going to stop you and ask you to use people words.
If you are asking generically, "Do we have enough resources to accomplish this?" and you mean financial and people, that language is OK, IMO, but if you say "We have 3 resources assigned to this project", I'm going to correct you 100% of the time.
That being said, I don't understand point #7, exiting such that you get a significant payday always seems to involve either an IPO or an acquisition so what does it mean when he says "Maybe the new peak accomplishment for a founder should be successfully exiting their company in a way that sets it up for long-term success." when neither of those exit strategies do that?
Another good example here is Bob's Red Mill. It was started in 1978 by, well, Bob. He recently sold the company to an employee ownership program, so it will eventually be all theirs: https://en.wikipedia.org/wiki/Bob%27s_Red_Mill
This is definitely not the quick cash of a Google acquisition. But given how many things Google has destroyed by acquiring them, I think prioritizing quick cash is part of the problem.
I'd also question whether or not "a significant payday" is a necessary goal to consider what you've done a success.