Sacrifice the name to gain the substance.

Literal

Name [object-を] throw-away [and], substance [object-を] take.

A proverbial construction: 名を捨てて実を取る ('discard name, take fruit/substance') — meaning 'give up appearances/glory to secure real benefits.' 実 here contrasts with 名 as 'substance vs. form.' A piece of strategic wisdom.