Dedicate yourself towards learning from Prophet Muhammad's teachings; Pass on these teachings by teaching them to others; Live your life according to his example; Strive hard towards understanding his sayings; Follow his commands with sincerity.

This hadith highlights the importance of sticking to and memorizing the teachings of Prophet Muhammad (PBUH). Ibn 'Umar was praising Abu Hurairah for his dedication in following and remembering what he learned from the Messenger of Allah. It is important for us as Muslims to remember that we should strive to learn from our beloved prophet's teachings, so that we can live our lives according to his example. We should also make sure that we are passing on these teachings by teaching them to others, especially children who are just starting out on their journey as Muslims.