For a company to last, it must grasp that success grows from thrift and ruin from extravagance.
Tips
history
From the Tang poet Li Shangyin 李商隐's 《咏史二首·其二》: ‘历览前贤国与家,成由勤俭败由奢。’ (Looking over the former worthies' states and families: success came from thrift, ruin from extravagance.) Widely cited in modern anti-corruption and thrift campaigns.
usage
由 here = ‘arises from / depends on.’ Often paired with 历览前贤国与家.