The Economic Wheels of Fortunes & New Global Economic Thinking of 2024

Why is this new topic so fitting to each free economy? Relax and listen as we explore the economic wheels of fortunes & new global economic thinking of 2024. Why are governments of 100-plus free economies so tragically oblivious to the potential of the 'Economic Wheels of Fortunes', a metaphor for the cyclical nature of economic growth and the opportunities it presents? Are they missing out on big spins for grand-scale growth opportunities?

Once fully discovered, today's bottom 1% entrepreneurs, adventuring with their toy boats and mechanical contraptions called unknown small and medium enterprises, are in reality identical and a direct match in every way where once their current top 1% entrepreneurial business class of the same nation played in the same landscape of business adventures.

Although the top 1% and bottom 1% may be a decade or so apart on growth timelines, it is imperative to understand that both combined balance a wheel of fortune, as they spin out every other decade what has already been repeated over centuries. A quick study of any free economic nation will show the trajectory. So, what happens, and how can a nation harness such a superpower of unlimited entrepreneurial energy and unlimited wealth?

Every free economy nation in the world already has a 'Top 1%' Elite Economic Prosperity Class, which is always unique to each nation's history of commerce, how it evolved via extreme and unique series of entrepreneurial journeys and unexplainable experiences and with exciting history based on entrepreneurial origins. Just look at the old photos of any elite entrepreneurial class of any nation today: Their people, first place of work, first prototype, first reward, or their first pictures in the local newspaper. All this speaks volumes, as there is no difference in what the 1% bottom class is trying to achieve today.

In any country, the Top 1% of the Elite class and the bottom 1% of the Grassroots Prosperity Class share a common journey. They are both on the same treadmill, running for stamina and spinning for a win on the same wheel of fortune, only just a few decades apart.

What special skills are required to increase the speed of such spins? What will add volume and size to such delicate growth operations, and what will reduce decade-long time lapses? How can the size of the wheel be grown, and how can clear entrepreneurial narratives and policies be developed? What exactly creates a confident citizenry capable of standing up to the global age of competitiveness?

Firstly, recognizing entrepreneurialism as a global economic priority makes this corrective proposition an entirely futile exercise without a more profound understanding of the 'mindset hypothesis'. This hypothesis posits that the way individuals perceive and approach economic opportunities, whether as job-seekers or job-creators, has a direct impact on how entrepreneurial thinking can be expressed and how such programs can be deciphered and executed across national economic development.

Unless there is a deeper understanding of how the continuous evolution of wealth generation occurs, the definitions of the 'national mobilization of entrepreneurialism' as a sacred duty and to create a national mandate to deploy entrepreneurial mysticism as the nation's most valuable hidden resource will remain silent. This mobilization involves a concerted effort across the nation to inspire and support a shift in mindset towards job-creator entrepreneurship, where individuals can contribute to economic growth and development by creating new opportunities and laying the foundations for successful enterprises.

Equally, without bringing all top national teams on economic development on the same page of understanding, the nation's uplift of the nation's SME sectors will remain dormant.

Furthermore, national and global academic institutions claiming entrepreneurship and SMEs as their backbone must come out openly and honestly and update their thinking under the umbrella of entrepreneurial mysticism. Equally, Chambers, trade groups, and associations must update and reorient their thinking; national SME mobilization will remain abstract rhetoric.

At this stage, the economic development teams from 100 free economies are now openly demanded to explain how they will find, identify, assess, and manage such a continuation of superior entrepreneurial mysticism and build a solid, ongoing Wheel of Fortune in their nation.

Colf Facts & Warm Realities: So, how long will the roller-coaster rides of the debt-junkies last across free economies? The world has already spent a combined 300 trillion dollars, and now it is not only addicted to debt, broke, but gasping for more. Total debt is not the problem because prevailing economic intelligentsia already ensures us that when billion-plus high-rise cubical slaves and billion-plus chained assembly line workers of the abstract 4th Industrial Revolution start making monthly payments amortized over the next two centuries, all will be paid in full, so why the panic, print more?

Nevertheless, the gigantic amount is not the issue; it is the absence of fiscal leadership and economic ingenuity. Something went wrong with the economic models.

Tragically, the 100-plus free economies, once most of them driven by entrepreneurial mysticism, are now confused by the abstractness of 'political economy' is more like ice hockey but played on football fields without ice or hockey sticks and with tennis rackets under volleyball rules. So overly stretched, it is like an abstract painting that is far too abstract to need a canvas, no paint, no brush, where economic thought has gone too abstract to watch.

If the economy is like a Swiss knife, it is mostly like a directionless octopus of confusing ideas. What is needed is a clear path under a clear vision and a well-defined agenda to act like a mighty spade and allow for the digging of a clear passage for the future. The absence of open and serious dialogue on the national stage is proof of such disconnect. Economic victory is not buried in numbers manipulation but sleeps in mindsets. Hence, the world of economic development must recognize the big global divide of mindsets. Kindly review the following article. When will economic intellectualism finally surrender to entrepreneurial mysticism?

The Mindset Hypothesis
Fact: In the last millennia, there have been only two types of mindsets in the business world on a global scale: the job-seeker mindset, which focuses on building careers and growing organizations through traditional employment, and the job-creator mindset, which applies entrepreneurial principles and strategies to create job opportunities and lays original foundations to such enterprises in the first place. It's time to inspire a shift in mindset towards job-creator entrepreneurship, where individuals can contribute to economic growth and development by creating new opportunities and laying the foundations for successful enterprises.

Why is it so important to recognize the differences between astronomers and astrophysicists? What are the unique traits between teachers and principals, CEOs, and lemonade stand owners? Why do we choose to be gymnasts, sumo wrestlers, brilliant economists, or entrepreneurs?

Historically, both mindsets are good, but they create significant magical economies when combined. In commerce, this understanding is almost mandatory to match progressive pathways. When searching for immediate explanations, the prolonged silence only proves a real fear of exposing the limits of capabilities. It is an opportune time to come out and embrace new economic thinking.

Three global challenges of global economic growth strategies

Challenge One: Why the '99% Factor?

In commerce across 100 free economies of the world, when economic development is already at a crisis stage, as visible on LinkedIn, why are 99% of the economic development teams of the nation all only job-seeker mindsets? Visible are full resumes when one has never created jobs, developed any size SME, grown any enterprise of any stature, or ever had entrepreneurial experiences; in this case, why irrelevant degrees and jobs as presented in their resumes now raise some critical questions.

Do we need frequent flyers in the cockpits or trained and experienced pilots to run a safe and profitable airline? The absence of any entrepreneurial mindset points to a crisis, especially when job creation, SME economy uplifts, and real entrepreneurial performances are critically needed across the free world to stabilize economies. This imbalance severely threatens national economic growth and its resilience; deployment strategies are urgently needed to fix such issues with fast-track orientations and training of the entire teams to bring them on the same page.

Challenge Two: The 'Single Day' Challenge: It takes one single day to test, verify, and total the types of mindsets across the national government's economic development departments and agencies. It also calls for an open challenge to sort out and justify the critical need of the job-creator mindsets in the economic development questions. This challenge underscores the need for agility, adaptability, and innovative thinking, all as collaborative exercises, which are vital characteristics of the job-creator mindset.

Challenge Three: Who will bell the cat? Who will articulate and prove all this right or wrong? Who will explain the historical difficulties of small and medium enterprises and decades-long sagas while so many new superpower economies emerged worldwide? When or where were such issues ever openly discussed? Are there some job-creator mindsets already in the team? What specific experiences did they bring to the national economic agenda? Why not, and when did you discover your mindset? Who will decide the extreme importance of creating a positive change?

Challenge Four: When it takes two to ten weeks to reorient and train 100-1000 such national teams, bring them all on the same page and start the beginning of the 'national mobilization of entrepreneurialism.' Then, what measures are in place to deploy 5000 to 50000 high-potential small and medium enterprises on a rigorous annual plan where exporters are up-skilled, and manufacturers are reskilled to quadruple productivity, performance, and profitability? What is the national mandate, and what was its most significant achievement during the last many years or decades?

Today: Welcome to a freshly energetic and pragmatically bold entrepreneurial narrative. It is now candidly challenging stagnant economic models and offering large-scale national mobilization of entrepreneurialism as deployable solutions. National socio-economic and political leaderships urgently need to decipher the three mega-global shifts blending the global triangulations of first-ever technocalamaties with human productivity.

Three Mega Shifts:
Shift One: Global commerce is now like one earth-size global platform constantly changing and evolving. It is a vast, interconnected, gigantic network with a billion unique channels, accessible to multinational enterprises and equally to SMEs. This necessitates an advanced understanding of its dynamics and the acquisition of special skills by nations to navigate these hyperactive global frontiers.

This is not about websites and basic digitization. The kind of knowledge required will empower nations to adapt and thrive in this complex landscape. How can big or small emerging or developing nations enjoy free rides, create trade, and earn foreign exchange? How can they identify and train high-potential SMEs within the country to become critical participants? How can they prepare their economic development teams to face such challenges?

Shift Two: The global workforce has already left the building. The senior management: While half is stuck in high-rise elevators, the other half is remote, fishing on yachts, and the middle management is remotely lost, being replaced fast by AI centricity. This techno-exodus has left the tall, priciest office towers in panic as city skylines become dim. The rest of the global workforce is also slowly being fully robotized. This is a monster shift, like an undercurrent slide in slow motion at the bottom of once-shiny cities. What are the challenges, and when was it discussed during the last major meeting?

Shift Three: Productivity, if still measured as real-value creation and not debt structuring as value manipulation, has dramatically transformed from the 'physicality of work' to the 'mentality of performance.' This combination threatens the downtown economic models of some 1,000 cities in developed nations. When overlaid on national economies, this triangulation calls for heads to roll. For now, nobody is at fault if no one saw this coming.

Where are the current global landscapes headed, and where are the opportunities? Kindly review the following article. A new world of alpha dreamers

Opportunity One: Post-pandemic productivity was like when a billion was displaced, a billion replaced due to automation, a billion misplaced due to a mismatch of job titles, where odd mindsets engage in odd functions, and now a billion on hunger watch. These four billion are already on the frontline, seeking grassroots prosperity and eagerness to transform, like when the agro-industrial transformation was created and engaged one billion to manage e-commerce. What can nations do to attract, combine, and make large-scale entrepreneurial mobilization, but how?

Opportunity Two: The global 'Population-rich nations,' once considered cursed for having too many hungry mouths to feed, are now potential trade centers equipped with technologies and free tools from knowledge-rich nations. They have overtaken the image supremacy of the once mighty knowledge-rich nations lingering over centuries. The exclusive powers to manage and access knowledge have been lost, making knowledge-rich nations visibly failing in productivity, education, and multilateralism. They are now stagnant and in trouble, looking for a new metamorphosis. Nevertheless, In the inner sanctums of each free economy of the world, a large pool of entrepreneurial mindsets already exists, each toying with some shape, size, and potential SME. Each nation has such dormant talented citizenry, lost and wandering in the hands of unskilled leaders. Where is the authoritative expertise to manage such national affairs?

Opportunity Three: How to Triangulate the current landscapes into an upward super productive spin to help create a new age of global SME prosperity and deploy 'national mobilization of entrepreneurialism' to up-skill, reskill, and uplift 5000 to 50,000 high potential exporters and manufacturers and let them loose on global platforms. The new world can handle micro-trading, micro-exports and micro-manufacturing

New Survival Strategies: Mandatory Requirements

In an attempt to display economic power when the governments of free economies worldwide already can no longer manage all governmental affairs by spending only collected taxes and remaining focused on building their national citizenry to earn and prosper more and to allow more tax collection, today, economic superiority is expressed by national leaderships printing fake currency endlessly. Suppose a small business goes to jail for photocopying a single dollar bill. In that case, more maximum-security prisons are urgently needed to move national leadership from the Capitol Houses to the Big Houses.

With no cure in sight, this 'national mobilization of entrepreneurialism' is offered as a master strategy at this moment—once again, step by step.

However, it's crucial to remember that the right mindset is mandatory to advance the future, empowering us all to take responsibility for our economic growth.

Fact: Silicon Valley did not originate either as an economic study or an academic idea but as a global-scale expression of entrepreneurial mysticism. The unexplained power that creates gigantic enterprises shatters old ideas. Entrepreneurs of the day, untrained, unskilled dropouts, emerged from garages with wires and buttons, forever changing the world. Despite numerous attempts by dozens of other cities to replicate Silicon Valley mainly as an academic project, they failed.

During Silicon Valley's early years, when the new terminologies and definitions were being established, neither academia nor economic intellectualism was a decade behind on how the root cause of e-commerce and its future, while today, on the same note, the 'national mobilization of entrepreneurialism' is a decade ahead.

If proof is requested: When over a million entrepreneurs have already created over a million original small and medium businesses, each of which has grown into creating over a million jobs, why is the lingering fear of identifying at least one Nobel Prize Winner in Economics, whoever built one such creation?

A decade in the making, this narrative is not a war but an open invitation to economic thinking to renegotiate the terms, rules, and proper definitions of economic progress, not the current chaotic rules of SME management and disconnected debt-based economies.

Fact: Why the lingering mistakes: Economic development without entrepreneurialism is only economic destruction. Any political power without economic power is no power. Any economic power without entrepreneurial power is no growth. Any entrepreneurial power without a balanced mindset hypothesis is no power. The mindset hypothesis creates a balance between the job seeker's and job creator's mindsets. Increasing the debt ceiling is not an economic success but a grand failure. Abandoning a national citizenry that cannot stand up to global age competitiveness is a political failure. Inabilities to identify, categorize, and digitize high-potential SMEs is an economic development failure.

Three Red Alerts: This is an entrepreneurial response to the entrepreneurial challenges of the world. Nevertheless, failing to understand the 'mindset hypothesis,' the difference between the job seeker and job creator mindsets is the first red alert in any senior-level dialogue on SME economic recovery. Failing to articulate the 'National Mobilization of Entrepreneurialism' is the second red alert in any significant economic development activity. Failing to produce functional regional models of 'identification, categorization, and digitization' of potential SMEs is the third red alert of any SME sectoral policies—more on Google.

Hence, openly challenged on the global stage:

Creating superpower economies: 1974: Fifty years ago, India had a 99-billion-dollar economy; today, it has a 3.5 trillion-dollar economy. China had a 148-billion-dollar economy; today, it has an 18 trillion-dollar Economy. The USA had a 1.5 trillion economy; today, it has a 27 trillion economy, according to the World Bank.

Fact: It was entrepreneurialism that first created value, shaped SMEs, kept growing, and eventually, a percentage became global giants and changed the face and character of the country forever.

Fact: If no SMEs existed in the USA, China, and India today, they would be more like empty vast lands. What will this math look like when applied to dozens of other nations already poised to seek the same global power play in economics? Study Indonesia, Malesia, Viet Nam and Turkey

Fact: No single global giant enterprise ever hatched out on a chicken farm. Each and everyone started as tiny, unknown, from some unknown place across the world. There is no other formula except for SMEs creating the topsoil where giant enterprises are raised.

Real-value creation growth with three-dimensional structuring of any national economy is pure entrepreneurial mysticism, a manifestation of unique sets of talents capable of attracting many other parts and many other human talents combined into creating hardcore progress. Economic abstractions, trends forecasts, and number games are only like a broom gathering the debris left over after entrepreneurial events.

Is there any book ever published from economic intellectualism, for example, on e-commerce years before it happened or a study on how to set up Google, Uber, Airbnb, the Franchise model, or the Credit card concepts way before they were popularised? After the fact, claiming superiority of understanding is something else. Entrepreneurialism drove growth and success way before the word economy was invented. This argument does not take away from the contributions of the school of economics; it simply defines the historic landscape correctly.

Question: Why are such details across 100 countries not part of any economic development policies, expertise, and deeper understanding of entrepreneurialism to create the right responsive and respectable procedures and policies? The decaying old models of having a small business week and plastic award nights are only a waste of time.

Unfortunately, across the 100 + free economies, like nations of African countries, the European Union, the Commonwealth, OIC, or BRICS have not yet undertaken a comprehensive study to identify and classify their total number of small and medium-sized enterprises (SMEs) nation-by-nation within their member countries. Of course, they have hundreds of academic studies, but none from some authoritative, entrepreneurial mindsets to tackle entrepreneurial problems of the SMEs and not just numbering forecasts.

Fact: A world of too many SME studies: Check out the last major 100 SME studies in the previous decade. Imagine watching a movie on Tarzan, where the filming is all about precise measurements of his bow, arrow, knife, and underwear, but nothing about who he is, where he came from, how he became Tarzan, why animals love him, and why is Jane chasing him and why he is called, the King of the Jungle? Just like entrepreneurs cannot write a scientific thesis, academic studies are only academic studies for libraries. This lack of specific data, such as the type, size, style, capacity, direction, and goals of these SMEs, as well as the skills, education, aspirations, and untapped potential of their workforce, severely hampers our ability to develop targeted strategies and policies for SMEs.

Each SME is like a different bird of feathers, singing a different song in a unique pitch and laying different sizes of eggs in customized nets with peculiar behavior, each one of a kind. Understanding these unique characteristics is crucial for developing effective strategies and policies for SMEs.

The Conclusion:
Is it time to call an emergency national meeting amongst all top players on economic development fronts and openly discuss these issues? Is it time to openly face this global age challenge to all the economic development community of the 100 countries mandated to foster SMEs and invite collaborative debates? Well, it is time to acquire some expertise on such affairs: "When Will Economic Intellectualism Finally Surrender to Entrepreneurial Mysticism?"

Even if all the above assertions are incorrect, they should not close the doors to open debates. Silence now indicates a fear of exposing levels of competencies. In search of immediate solutions, no matter what, the times call for action; the Expothon narratives are now opening new global debates. Urgency and action are paramount. Study more on Google.

Why Expothon Worldwide, for the last many years, has been sharing exclusive narratives on a weekly basis on the 'national mobilization of entrepreneurialism protocols' with some 2000 recipients at the national cabinet-level government officials across 100 free economies.

Why is it leading to a silent shift of mindsets to help embrace entrepreneurial mysticism? How can the 'national mobilization of entrepreneurialism' be deployed as a practical and beneficial national program, encouraging its adoption?

Why is it challenging all massive SME sectors within the GCC, OIC, European Union, African Union, Commonwealth, BRICS, and ASEAN to mobilize entrepreneurialism nationally? These are not just theoretical solutions but immediately applicable pragmatic ones that can address these sectors' challenges.

Why is it ready and committed to providing world-class orientations and training? Why is it prepared to bring 100 to 1000 economic development teams within a country on the same page, leaving behind confusing narratives on SME growth? Why are all these narratives, readiness, and commitment gaining global attention?

It is structuring a Global Hub to provide large-scale senior-level guidance to selected 100 free economies and blocs seeking 'National mobilization Entrepreneurship' nation by nation. Such a center will deploy 1000 experts and guide some 50-100 countries on managing their national SME base, upskilling exporters, and reskilling manufacturers to quadruple productivity, performance, and profitability. We are deployment-ready, and this Global Hub, fully equipped and prepared, will become a power play on the 10K to 100K high-potential SMEs within nations, a game changer with the massive global activity of micro-trade, micro-exports, and micro-manufacturing. More on Google

The TEN Revival Steps:
One: It takes ten days to design, develop, and customize a digitalization program with particular

entrepreneurialism-based training guidelines to uplift all high-potential SMEs nationwide.

Two: It takes another 30 days to custom-design deployment strategy for a National Administration and Mobilization of Entrepreneurialism (NAME Protocols).

Three: It takes another 30 days of customized developments to implement well-planned, sleek operations to uplift the entire high-potential SME economy.

Four: It takes an additional ten days to test and assess the true potential and identify existing talents of all current national economic development teams.

Five: It takes another ten days to orient, train, and align the various local and national economic development teams, achieve clarity, and reach consensus on procedures.

Six: It takes another 100 days to identify, categorize, and digitize 5000 to 50000 potential SMEs.

Seven: It takes another 100 days to place them on customized digital platforms to expand them nationally and globally for exports and trade.

Eight: It takes 365 days of intense up-skilling and reskilling to help them scale up and quadruple their productivity, performance, and profitability.

Nine: It takes about 500 days to quadruple exportability and uplift the national SME economy sectors.

Ten: A Cabinet-level meeting must make the "National Administration and Mobilization of Entrepreneurialism (NAME Protocols)" a national reality. Study more on Google.

Immediately applicable pragmatic solutions to uplift national economies

Most nations have 1000 to 1,000,000 SMEs. The following powerful recommendations are based on what may apply in your region. How can this program generate USD$10 billion in new revenues and foreign exchanges via new SME up-skilling? How can it quadruple exportability performance and uplift SME sectors? How can it place 10,000 high-potential SMEs on a digital platform? How can we start the National Mobilization of Entrepreneurialism?

It is achieved via continuously up-skilling exporters and reskilling manufacturers and orienting them to global standards of creativity, innovation, and the global age of competitiveness.

Once selected, these 10,000 SMEs will already be doing 1 USD to 10 USD million in annual turnovers; they would also be keenly interested in becoming national or global players with complete confidence and guidance.

Imagine if only 25% of such SMEs had an increase of 50% in revenues and expansion; what numbers and economic gains would they produce? A calculator, please. This invitation-only program activated within a nation provides the depth, spectrum, and wisdom of global business expansion to prepare 5000 to 50,000 SMEs to face the global age of competitiveness and embrace global challenges.

Warnings & Action Plans:
There are only two types of mindsets in global commerce. It takes a day to test and verify nationwide, orient to adjust, and land on the same page in 100 days. There is only one topsoil where gigantic enterprises grow. Study deeply, as all bodies fostering the SME economy must demonstrate their advanced skills in understanding entrepreneurial mysticism. It only takes a day to test, verify, and audit entire national economic development workforces from top to frontlines. Prepare for shocks.

The large-scale SME economy has three stages: ONE: Create an ocean of SMEs, digitize, categorize, and globalize, and target micro-trade, micro-exports, and micro-manufacturing. TWO: Advance to a Midsize SME Economy and prepare for a Global Export Economy. THREE: Declare 'National Mobilization of Entrepreneurialism' as a national mandate, up-skill exporters and reskill manufacturers, and bring all trade groups under one umbrella. Keep repeating, keep learning, and keep advancing.

The preceding is not a motivational cheerleader guide; this is about harsh realities and a critically needed economic revolution to uplift the national citizenry. Hence, if necessary to lead, fire the first person who claims it will require big new funding to create such programs and equally fire the next person who claims to be too busy to have any time available to fix the root cause of SME problems. Best, lead, follow, or get out of the way.

The rest is easy.