First, check your device support this feature.
Open cmd (Command Prompt)
For Windows 8 Press Win + X
And Select Command Prompt (Admin)
For Windows 7
Start > All Programs > Accessories > Command Prompt
And type the command:
netsh wlan show drivers
And find Hosted network supported : yes/no
If yes, your device support this feature.
Then Download Virtual Router Plus here
Extract the download file and Open VirtualRouterPlus. (No Need to Install, Just Open)
And Enter Network Name (SSID): (Any name).
Enter the Password.
Select Shared Connection (which Internet connection you want to Share).
Then click Start Virtual Router Plus button.
Now You can broadcast your own internet and share it with your Wi-Fi mobiles, Tablet, etc
NB: After Completing WiFi Hotspot click Stop Virtual Router Plus button.
Video Tutorial: How to Create a WiFi Hotspot on Windows 7/8
Watch on Youtube:- video uploading is under maintenance please come back later.