- Little shepherd boy Santiago has a recurring dream of finding a treasure buried at the pyramids in Egypt. He decides to follow his "Personal Legend" and journey there to find the treasure.
- Santiago travels from Spain to Tangier in northern Africa, where he works for a crystal merchant to earn money for the rest of his journey. He later joins a caravan traveling across the Sahara Desert.
- Along the way, Santiago meets a mysterious alchemist who helps him understand the importance of following one's dreams. Santiago also falls in love with a girl named Fatima.
- After many challenges, Santiago eventually arrives at the pyramids but finds no treasure buried there. However