Besides the package build-essential, you need the kernel source below if you are not already. Also, start with the config that enables devtmpfs. The README provides some basic info:
http://tinycorelinux.net/dCore/x86/import/src/kernel-4.2.9/linux-4.2...
http://tinycorelinux.net/dCore/x86/import/src/kernel-4.2.9/linux-4.2...