How to remove(HIDE) the "title" column from a Sharepoint list

Have you asked yourself the question: How do I remove the 'title column' from a Sharepoint list? It can be annoying trying to figure out how to remove this column from default lists. Often, site admins want their audiences to click on "New Item" in a Sharepoint list and not have to fill out the default 'Title' column content type. Here is the way how to remove this from the view.