1. Hold one end of the rope or string in each hand, with the left-hand end slightly longer.
2. Form a small loop with the left-hand end, thumb inserted into the loop to keep its shape.
3. Grasp the loop with your right hand and pull it through the large loop held in your left hand.
4. The loop in your right hand is now the slipknot.
5. Adjust the slipknot to the desired size.
The slipknot is a versatile and widely used knot due to its adjustable nature. It is commonly employed for various purposes such as camping, fishing, and household projects.