How do I install a makefile?

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http://forums.fedoraforum.org – I'm a complete beginner to Fedora - I have moved from Mint, which I only used for about a month. Makefiles confused the hell out of me there too. I have a .tar.gz file that I would like to install on my computer. It contains a makefile and 2 folders (lib,src), I have spent about 2 hours on google trying to figure it out. No matter what I do in the terminal nothing seems to work. I know I can't be doing this right, so be kind to me if I'm making some hillarious newbie mistake! :( This command got me somewhere "tar xfvz hybrid-portsrc_x86_64-v5_100_82_112.tar.gz" It came up wi (HowTos)