It Does NOT mean anything in that you will be directing or self-proclaimed as ‘Grand Master’.
What’s important is to just “to have the feeling that keep learning Wushu as just one Wushu-ist”.
So, I never call myself as ‘Grand Master’ without the permission of someone who is real Grand Master already. If I call it by myself, it means that I would cheat the people. I never want to cheat any people, so I don’t like to be introduced as ‘Grand Master’.