I can do all things [which He has called me to do] through Him who strengthens and empowers me [to fulfill His purpose—I am self-sufficient in Christ’s sufficiency; I am ready for anything and equal to anything through Him who infuses me with inner strength and confident peace.]

But whatever former things were gains to me [as I thought then], these things [once regarded as advancements in merit] I have come to consider as loss [absolutely worthless] for the sake of Christ [and the purpose which He has given my life].

For you have been granted [the privilege] for Christ’s sake, not only to believe and confidently trust in Him, but also to suffer for His sake,

And the peace of God [that peace which reassures the heart, that peace] which transcends all understanding, [that peace which] stands guard over your hearts and your minds in Christ Jesus [is yours].

Paul and Timothy, bond-servants of Christ Jesus (the Messiah, the Anointed),

To all the saints (God’s people) in Christ Jesus who are at Philippi, including the overseers and deacons:

But more than that, I count everything as loss compared to the priceless privilege and supreme advantage of knowing Christ Jesus my Lord [and of growing more deeply and thoroughly acquainted with Him—a joy unequaled]. For His sake I have lost everything, and I consider it all garbage, so that I may gain Christ,

and may be found in Him [believing and relying on Him], not having any righteousness of my own derived from [my obedience to] the Law and its rituals, but [possessing] that [genuine righteousness] which comes through faith in Christ, the righteousness which comes from God on the basis of faith.