Business Quote by Stephen Young
“A successful business maximizes the present value of future earnings. The first requirement, therefore, of business success is sustainable profits. One-time winnings, in business as in casinos, are disappointing. We expect more from our investments than that.”
About This Quote
Source Book: Business Strategy Fundamentals, 2015
Focusing on sustainable, recurring profits is essential; one‑off gains are unreliable and disappointing.
In simple terms: Sustainable profits matter more than occasional windfalls.
Prioritize long‑term profit stability.
Themes
Mood
Type
When to use this quote
- startup financing
- corporate budgeting
- investment analysis
Key Concepts
Questions to Reflect On
- How can you ensure revenue streams remain stable?
- What metrics reveal true profit sustainability?
Short‑term gains can mask underlying weaknesses.