That is good stuff...remember though...no expectations.
Detach....Detach....Detach.
Maybe an irony of your business situation is that it has forced him to see some of the realities of his decisions without it being relationship based. You can talk business as business with no emotional bearing....because business is cold and usually straight forward.
On your side you can unemotionally (business is separate from an emotional relationship) point out the facts. From that he has fact based repercussions to his actions.
