Fishermen embracing catch shares report greater economic stability, higher earnings, and a chance to build more successful fishing businesses. After years of poverty, delayed repairs, and scraping by in old-style “derby” fisheries, vessel owners who have switched to individual quotas see more stable harvests and access to profitable new markets. Their quota provides collateral for loans. Stronger prices and predictable earnings allow more investment, upgrading, and repairs. For the first time, many see themselves building businesses worth passing down to children or selling when they choose to retire.