First, of course, "equilibrium" means that the function x= 0 for all t (not point- you may mean the point in the phase plane (0,0)) is a constant solution to the differential equation- that should be obvious. The "stable' part means that if x(0) is close to 0, then as t goes to infinity, x stays close to 0 (or asymptotically stable if x goes to 0).
Suppose x(1)> 0. What sign does x' have? What does that tell you about what happens to x as t increases? Suppose x(0)< 0. What is x'? What does that tell you about what happens to x as t increases>
Actually, from the hint, it looks like you are expected to use 'Liapunov's Direct Method'. Do you know what that is? If this is a homework question, it should be in your book! Essentially it says that if x=0 is an equilibriums solution to x'= f(x) then it is a stable equilibrium solution if there exist a continuously differentiable function V(x) which is positive definite and such that
[tex]\frac{dV}{dt}= \frac{\partial V}{dx} f(x)[/tex]
is negative semi-definite (asymptotically stable if that derivative is negative definite).
Here's a more detailed explanation
http://www.personal.rdg.ac.uk/~shs99vmb/notes/anc/lecture2.pdf