# Do not neglect the gift that is in you

"Do not neglect your spiritual gift" 

# Do not neglect

"Be sure to use" 

# which was given to you through prophecy

"which you received when leaders of the church spoke God's word" 

# laying on of the hands of the elders

This was a ceremony in which the church leaders put their hands on Timothy and prayed that God would enable him to do the work he had commanded him to do.