Before you do this, reconsider if it is really needed. More often than not, it isn't. This is why.
A common reason for attempting a minimal install is an expectation that Slackware will run faster. This is not true. Some example, (IMHO) valid, reasons for stripping back the install include:
- Installing on a device with limited disk space, where it is hard to add additional storage
- A setup where there is an ongoing cost to rent disk space (e.g. a Virtual Private Server)