I understand what you are saying, the core of his message is not the risks
the core turns out to be right, and that is:
"if you want to grow a company into a big/gigantic company, you NEED other people’s help."
You can't have a big company without the help of other people (good workers), that's an impossible ❗️
Example: "the owner of a club in football/soccer bears the greatest risks, without an excellent coach and good players, the business/club is worth NOTHING = 0/10".
This is not a criticism of you.
This is just nature/observation of doing business.