Echelons of the business world

By Shazin Sharaf | October 2, 2021

The Colonist

Amongst the individuality present within the society, there are ones who pursue the fierce urge to initiate the journey towards their own establishment. With immense passion and drive, the colonist explores the wonderous world of business in hopes to modishly begin their journey in this mysterious cosmos. The inordinate process to unearth the symbolic principles of business is explored by the colonist empowering for extensive attainment of the essential adroitness. Perspectives and realities shift within the mind as dissension forms between the ideologies of the past and the present. Upon embracing the new reality, the individual adopts strategies and traverses through existing prominent philosophies only to understand the underlying actuality that the adoption of multiple elements is what powers growth to the next level of business. With a small magnitude of the business, the colonist builds relationships and hopes to create. Being in a position of volatility and uncertainty, profits are not guaranteed in conjunction with profits range instability as a majority of the amount earned is saved up towards fuelling the vision of evolving into an explorer. The experimentation and execution of multiple ideas take place to find the specialty or a business that provides consistent sales and is dependable. The living standards would vary among ones that break through the optimum aim of ultimately creating an impact in the business world and the ones in the purpose discovery phase.

The Explorer

Evolved from experiences as a colonist, the explorer commences their new venture whereby an effective course of action is set in motion. In stark contrast to a colonist, the explorer embodies a fundamental vision to lead the business through the exploration of a multitude of ideas. The emphatic experience of transverse through the beginning stages of running a business enables the explorer to embrace personal weaknesses and fervently work on transforming the identified shortcomings into rediscovered strengths. Despite the assiduous efforts, there are long ways to go for the individual in mastering the craft of the field. Although the perfect businessperson does not exist, some layers and barriers can be broken down by the ones who wholeheartedly will to progress through to the next level. Among all the various scales of business, the businessperson establishes and masters the craft of medium-sized businesses progressing appropriately with set parameters and challenges. The businesses of an explorer could present profits in the range of $8,000 monthly with a fair amount of consistency in the earnings and gradual growth. With projects on the horizon, the explorer faces immense pressure to generate an extension in clientele and fills the gaps present within the concentrated sector. The amalgamation of unerring direction within time, belief, purpose, and vision brings forward the possibility of entering the field of the maestros.

The Maestro

Prevailing in a diverse range of businesses and accumulating skills throughout the colonist and explorer phase, the maestro provides a sense of prowess in the business sector alongside pronounced achievements to execute a large-scale business. As the maestro possesses attributes of dynamic leadership, patience and risk management, the probability of masterly execution of a project accentuates to be substantially elevated in comparison to the previous stages. With a diverse range of ideas and skillset, there are greater opportunities accessible enabling with the establishment of a wide-scale business expanding nationally. The possibility of expansion and diversification in the sector is feasible, however, the focus remains on one field of specialty. The number of monthly profits that can be accumulated would be upwards of $25,000 which is steady and would present growths of a possible 5% on a year-on-year basis alongside a 5 year return on investment. With substantial responsibilities of the company and the employees, an exit strategy from the business remains substantially difficult as any transfer of ownership would require a match in principle values and culture deeply embedded in the day-to-day activities of the business. There is a wider scale of relationships and connections that are present with other pioneers that provide a great extent of knowledge in technical skills in the functional areas alongside skills to negotiate and distribute wealth in a portfolio. Diversification can be understood better in the field to secure earned profits and continue to enable the growth of personal wealth. The portfolio asset allocations vary between multiple fields of real estate, stock market, and decentralized finance with reinvestment to existing business highlighted as a priority.          

The Pioneer

The ascension as a pioneer is presented as a growth metric that is exceptionally arduous. Prominence and credence to the ideologies and outlook on formed strategies and market direction are present whereby statements and beliefs can have an impact on the field. Throughout the previous stages, the overall advancement of perspective on the market with extensive experience, adaptation, and unraveling stages of business evolution is notable in all decision-making processes. In contrast to the previous phase of the maestro, there is an extension to the ability to pitch and present a business plan or idea which is the analysis and breakdown of other business pitches. The elevated comprehension of various attributes within a business enables the businessperson to classify sell rates, financial ratios, and the risk to profitability breakdown within the structure of both the investment and path of the business. Among all the critical aspects surrounding the work of a pioneer, the pivotal element remains to be the intrinsic innovativeness that drives transformation within the industry. The impact through a unique product or service holds the power to shape the way and pave a path for upcoming entrepreneurs in the field. Pioneers of our generation would include the likes of Elon Musk, Steve Jobs, Larry Ellison, and Bill Gates. They have all driven pronounced change and transformation within the respective industries effectively enabling extensive growth in the market. For such an innocuous word, change often invokes a feeling of fear amongst the businessperson in the colonist, explorer, and maestro field. However as key drivers of change within the industry, the pioneer powers the inception of new entrepreneurs within the market. Development takes place in the traditional structures of businesses alongside advancements in strategic models and theories surrounding the industries. There is substantial diversity of investments that are made to effectively spread the risk factor among the businesses. Although there are similarities among most of the pioneers there is an exception with individuals such as Sir Timothy John Berners-Le who prioritised the contribution factor above all towards the transformation of the market to what it has become today.

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