Here are the Awesome Quick guide for this tips
Step 1: On the ‘Settings Tab’ of the Hotspot UI you’ll want to make sure Connectify is setup as wireless hotspot. So click on the ‘Wi-Fi Hotspot’ button.
Step 2: In the ‘Internet to Share’ dropdown select the adapter you wish to share. This adapter should have a working connection to the Internet.
Step 3: Give your hotspot a name (SSID) and password. The hotspot name is the network name that other devices will see and authenticate to using your unique hotspot password.
Step 4: Double check that you have everything configured correctly. Then you can click the ‘Start Hotspot’ button to begin sharing your Internet connection with your WiFi enabled devices.
Source : http://www.connectify.me/blog/how-to-setup-your-connectify-hotspot/