In plain words
Longing for the fortune of beholding Viṣṇu, where will you wander searching, O foolish mind? He is within you; seek Him there. This word of Sai is the path that shows the truth!
Because Emperor Bali was born in the line of the Dānavas, some stain fell upon his name; yet he was dear to Viṣṇu, given wholly to Dharma, and generous by nature. That is why Śrī Mahāviṣṇu, wishing to lift him across, came down as Vāmana and went to him while he was performing the Viśvajit sacrifice. Emperor Bali welcomed Vāmana: “Swami! What do you need?” he asked. Vāmana: “Bali! I need three steps of ground,” he said. “A gift of three steps of ground!” Bali laughed at this in jest and told him to ask for something more. But Vāmana said that he wanted nothing beyond that. Vāmana made this request only so that Emperor Bali would offer himself up. Bali means sacrifice, offering. True to his name, Emperor Bali offered himself up to Vāmana. In the world there are many who give away money, gold, goods and carriages; but to offer oneself up, as Emperor Bali did, is the true gift.
Emperor Śibi too was given to sacrifice, like Emperor Bali. Once, as a hawk came chasing a small bird, the bird flew to Emperor Śibi and settled on him, thinking that if it took refuge with him it would be safe. The hawk came close behind and asked Śibi to hand the bird over, saying it had been chasing it and the bird was its food. Then Śibi: “This bird has taken refuge with me. To protect one who takes refuge with me is my Dharma. So I will cut from my own body as much flesh as weighs the same as this bird, and give it to you,” he said. And so he cut flesh from his own body and gave it to the hawk.