In this episode of "On Purpose," Jay Shetty provides a seven-step method to help listeners master their negative thoughts. He emphasizes recognizing and acknowledging thoughts without identifying with them, challenging their accuracy, and reframing experiences to shift perspectives. Shetty also highlights the importance of mindfulness, meditation, engaging in joyful activities, taking care of one's physical health, and limiting exposure to negativity. He encourages listeners to practice these steps to gain control over their thoughts and cultivate a more positive mindset, sharing practical tips and experiments for daily implementation.