śanaiḥ sūkṣmaṁ dhiyā nayed iti

srutva-after hearing of (from the disciplic succession); sthulam-gross; tatha-as well as; suksmam-subtle; rupam-form; bhagavatah-of the Supreme Personality of Godhead; yatih-a sannyasi or devotee; sthule-the gross form; nirjitam-conquered; atmanam-the mind; sanaih-gradually; suksmam-the subtle, spiritual form of the Lord; dhiya-by intelligence; nayet-one should lead it to; iti-thus.