In this episode, we learn positive mitzvah #7, which is to pray to Hashem every day.
The Talmud (Ta'anit 2a) explains that prayer, or tefila, is the service of the heart.
The Rambam explains that there are three components, or building blocks, to prayer:
1) Praises
2) Requests
3) Thanks
Indeed, this is how the main prayer, or tefila, is structured.
When praying, one should clear his or her mind and concentrate on their words. Prayer is a self-reflective exercise, in which we remind ourselves what is most important to us. Furthermore, by making requests of Hashem, we are implicitly acknowledging that our blessings come from God.