Everyone attempts to find a meaning in his life. Without a meaning, life will pass in vain. Paulo Coelho portrays his main character in The Alchemist, Santiago struggles to find a meaning in his life. The main aim behind this study is the analysis of the main character Santiago searching for a true meaning of life through the hardships and troubles he faces. The researcher clarifies this search for the meaning of life of Santiago in the light of the psychological approach which is Victor E. Frankl's Logotherapy concept. The results of this study show that Paul Coelho's main character Santiago passes three stages searching for meaning of life: creative value, experimental value and attitudinal value in his journey to sufferings. The conclusion of this study is that main character of The Alchemist gets a meaningful life and turns himself into a more and a better person.