Announce prayer when its time, pronounce Iqama, respect elders and follow their guidance .

This hadith speaks about the importance of prayer in Islam and how it should be conducted. The Prophet Muhammad PBUH instructed that when it is time for prayer, the oldest person among those present should lead the prayer. This teaches us to respect our elders and to follow their guidance as they have more experience than us. It also shows us that we must always be mindful of our prayers and not miss them or delay them unnecessarily. We must also ensure that we are punctual in offering our prayers so as to not miss out on any blessings associated with them.