Submit yourself to God's will; Acknowledge Him as your one true lord; Worship only Him without any partners or associates; Give thanks for His blessings; Recognize His authority over everything in this world .

This hadith narrates the Talbiyah of Prophet Muhammad ﷺ which is a declaration of submission to Allah and His will. It is an expression that Muslims recite during Hajj and Umrah pilgrimages as well as other occasions such as Eid al-Adha. The words “Labbaika Allahumma labbaik” mean “Here I am at Your service O Lord” while “la sharika laka labbaik” means “You have no partner”. This phrase expresses the belief that only God has power over all things in this world and He alone should be worshipped without any partners or associates. Furthermore, it also acknowledges that all praise and blessings are from Him alone along with all sovereignty or authority over everything in this world. Thus, this hadith teaches us about the importance of submitting ourselves to God's will and acknowledging Him as our one true Lord who deserves all praise and worship without any partners or associates.