The story of the tortoise and the hare is told in multiple parts, with lessons learned at each stage. Initially, the hare loses the race by becoming overconfident and falling asleep, teaching that slow and steady wins. However, a rematch shows the hare wins by running full speed the whole way, showing fast and consistent beats slow. The tortoise then changes the course to require swimming, using his strength to win. Overall, the lessons are to work to your strengths, compete against situations not others, and teamwork allows combining strengths better than individuals.