tasmāt - therefore; lokam - world; imam - this; rājan - O King; svapna - as a dream; māyā - a magic trick; manaḥ-ratham - or a fantasy in the mind; vīkṣya - seeing; āyamya - bringing under control; ātmanā - by intelligence; ātmānam - the mind; samaḥ - equal; śāntaḥ - peaceful; bhava - become; prabho - my dear master.

Therefore, O King, looking upon this world as a dream, a magician’s illusion or a flight of fancy, please control your mind with intelligence and become equipoised and peaceful, my lord.