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There is a heavy emphasis in Mormonism on initiative, on responsibility, on a work ethic, and on education. If you take those elements together with a free-enterprise system, you've got the chemistry for a lot of industry.
Stephen Covey
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Interpretation

What this quote means

The quote highlights the importance of initiative, responsibility, and education in achieving success within a free enterprise system.

Stephen Covey emphasizes that the foundational elements of initiative, responsibility, work ethic, and education are crucial in fostering a productive and successful environment, particularly within a free-enterprise system. By combining these values, individuals can create a thriving industrial and economic landscape, showcasing how personal virtues contribute significantly to broader societal success.

Themes

InitiativeResponsibilityWork EthicEducationFree EnterpriseIndustrySuccess

In practice

Example use cases

Using this quote to motivate students at a school assembly focused on the importance of hard work.

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Quote by Stephen Covey | QuoteProject