Answer :

Emulate- match or surpass (a person or achievement), typically by imitation."most rulers wished to emulate Alexander the Great"
Here is another example- "I do not wish to emulate her hairstyle" 

So when it says "emulate what you respect in your friends" I think it means to tell what you would do that you respect in your friend- a trait or personality maybe?
something that you admire about your friends.

Other Questions