Thanks Richiev
This is very close to the inner journey of the character, so archetypally yes all of the above.
I am seeing the tyrant businessman in the fantasy world as a drug warlord. a lynchpin of crime, prostitution, human trafficking, arms dealer type of guy. The opposite of a benevolent king but he rules his rules. If I had one word to describe him. Toxic.
The conflict for the protagonist is - how do I stop from becoming this toxic person?
Life is easier for the tyrant businessman, he has outer show of strength and power, some of what the protagonist wants, yet he can't bring himself to go down that path
The actions the lead character must take is to do the real work, no easy shortcuts. Yes slay the inner dragon, inner fears of becoming the tyrant.
I just have to ground it the outer journey now.
Thank you, your insights are very helpful.