The document discusses the key elements that go into a good story: 1) Protagonists, who are the main characters that serve as the focus for themes and drive the story forward. 2) Antagonists, who offer opposition to the protagonists. 3) A character arc where the protagonists undergo a transformation through their experiences in the story. 4) Memorable scenes that cost the characters something and remain tattooed in the memory. 5) An inciting incident that throws the protagonists into the story. 6) An object of desire that drives the story forward and would resolve it if attained.