Where should I put an if function for my Guessing game?

Right now, I am working on Chapter 3 of the book Python for the absolute beginner.

One of the challenges at the end of chapter 3 is to "Modify the Guess My Number game so that the player has a limited number of guesses" and that if the player fails to get the correct amount of guesses, a message should be displayed.

The code looks like this:

# Guess My Number
# The computer picks a random number between 1 and 100
# The player tries to guess it and the computer lets
# the player know if the guess is too high, too low
# or right on the money

import random  

print("\tWelcome to 'Guess My Number'!")
print("\nI'm thinking of a number between 1 and 100.")
print("Try to guess it in as few attempts as possible.\n")

# set the initial values
the_number = random.randint(1, 100)
guess = int(input("Take a guess: "))
tries = 1

# guessing loop
while guess != the_number:
    if guess > the_number:
        print("Lower...")
    else:
        print("Higher...")
            
    guess = int(input("Take a guess: "))
    tries += 1

print("You guessed it!  The number was", the_number)
print("And it only took you", tries, "tries!\n")
  
input("\n\nPress the enter key to exit.")

From what I can see so far, I need to add a variable that counts how many lives a player has, which is set to an amount at the beginning, like 10 and an if command should be used to make sure that, when the player uses all their lives, the message is displayed.

However, I am unsure where to place the if command in the existing code.