And so when you go back and you talk to your friends and you say, what was the main message the President had -- we are rooting for your success, and we want to work with you to achieve that success, but ultimately success is going to be in your hands.

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"We have a 10-year history of, shall we say, working with the regulators to make sure it's all compatible with what they want to achieve without harming our success, " he said.

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This means lawyers must sit down with clients at the start and discuss what exactly they want to achieve, and how much success might be worth to them.

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Find out what holes need to be punched, which forms need to be stamped, to achieve the success you want in life, and then simply ignore the hole-punchers and approval-stampers.

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