Hotspot software comes with a hot spot router that is installed in an area so as to provide Internet access easily. Today the term hot spot is used variably for both areas that have Wi-Fi router or access point or where the Internet signal is easily available. The terms hot spot software or hotspot for an Internet access point is used interchangeably.
Simple Hotspot
In order to install hotspot software you will have to buy a domestic Wi-Fi router and will have to book it on the Internet by setting the wireless security as open. This will permit different people to use Internet and will also allow various other computers to connect to your router. It will also allow you a control over who can connect to the Internet and what bandwidth is used. So if you are looking to make money using the hot spots that have no security issues, then you can consider this simplest way to make money that will just cost you about $50-100.
Encrypted Router with WPA or WEP
The next option is the security enabled router. The Wi-Fi routers are available in two different types: WEP and WPA. WAP is faster and secure. In both the types, you need a security key that is particularly offered to allow you to connect to the Internet. Not everyone is able to access the Internet without knowing the key. You can tell your customers about the key so that they can access Internet from your hotspot. This provides you with an option to allow only those people whom you trust to use Internet. It is also a great way of generating huge revenue every month.
Captive-Portal

Most of the hot spots are captive portal: it appears to be particularly an unencrypted or open Wi-Fi Signal that directs the traffic to a particular webpage known as splash page. At the splash page you are prompted to purchase Internet access. It is a very good way of connecting to the Internet as most of the Wi-Fi enabled software and gadgets are able to connect with an open Wi-Fi signal after purchasing Internet access.
Hosted Hotspot Service
There are different organizations and companies that offer business owners with a hot spot service. There are two different types of services that are offered by organizations. Some of the organizations like public cafes, offices, restaurants provide Internet access to their customers for free so as to attract more customers whereas various other businesses like Internet café and colleges charge people for using their Internet access services and make a huge revenue each month. The services are normally provided on a revenue sharing in which the hosting company pays the Internet Service provider a particular percentage of whatever they earn from the hotspot software.
By using any of the above mentioned ways you can convert your Wi-Fi router into a hot spot and can start earning great money from it every month.