Hard work does not always pay off. If you're working on the wrong thing, it doesn't matter how hard you work, nothing will ever come of it. Hard work is important — just make sure you're working on the right thing.
David Cote
University of New Hampshire Commencement 2011, 2011
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Cote's third lesson — be results-oriented — contained this counterintuitive insight that he traced directly to his failed fishing venture. After quitting college mid-way through, he and a buddy bought a 33-foot fishing boat and spent months fishing off the coast of Maine, barely breaking even despite backbreaking work. The lesson was brutally clear: effort without direction is wasted effort. This was a deliberate provocation to an audience of new graduates who had been told their entire lives that hard work is the path to success. Cote wasn't arguing against hard work — he was arguing against undirected hard work. 'The person who says "but I worked really hard" still has nothing to show for it,' he said. 'Harsh perhaps, but very true regardless of the endeavor.' He reinforced this with a definition of insanity he'd always liked: 'Doing the same thing over and over again, always expecting a different result.' If you're not getting the results you wanted, you have to change something — not just work harder at the same failing approach.