Acharya Prashant explains that everyone is bound to face adversities and reversals in life, and it is one's response to these moments that will decide their fate. While everybody is a champion in victory, one must also be a champion even in defeat. He illustrates this with the classic story of King Puru and Alexander. When Alexander came to India with the intent to conquer, having already subjugated Persia, he first encountered King Puru, who ruled a territory in what is now modern-day Punjab. Compared to Alexander's huge army, Puru was a small ruler with a small army. Despite this, Puru fought extremely bravely but was inevitably defeated. When the defeated Puru was presented before the victorious Alexander with his hands tied, Alexander asked him how he should be treated. In that moment, with everything lost, Puru replied with his head held high, "As a king behaves with another king." This stunning reply, as if he had never been defeated, so impressed Alexander that he returned and dropped his intention to march further into India. The speaker emphasizes that carrying the spirit of victory even in defeat is a bigger victory than victory itself. Maya (the material world) wants to destroy one's morale and crush one's spirit. Let her defeat you materially, but never spiritually. The spirit must never be conquered. Maya has control over situations, thoughts, tendencies, and emotions, but she has no real control over one's faith, which can remain untouched. Situations are external and can be adverse, but the sense of defeat is an internal thing that should not be allowed to take hold. The speaker connects this to the pursuit of renunciation, which is a very high and improbable goal, not something cheap or easy to attain. Therefore, one should not expect easy attainment. It is guaranteed that there will be many defeats in the process. The key is to relish these defeats, and even in defeat, remain a winner internally. If one stays alive, one must keep trying.