Peephole. You know when you look through the front door? That's the same fisheye effect that you get with this lens. If you're lucky, you can cannibalize one from an old door in the garage or some such. Otherwise, this will be the only expense in this DIY project when you make a trip to your local hardware store. Different size peepholes render different fisheye effects, so experiment with them—or maybe create multiple fisheye lenses to give you even more flexibility. Peepholes can differ in build, so you may have to adjust the directions accordingly—nothing technically difficult.
Rear Lens Cap. An old rear lens cap is your best bet, perhaps a throwoff from another photographer friend, or a broken one of your own. Just make sure that it fits your camera!
Drill. You need to be able to drill a hole the size of your peephole, so make sure you have the appropriate bit. The fit should be snug: a size too small is better than a size too large.
Knife/Box Cutter. You may or may not need one of these to adjust the size of the hole made by the drill.
Glue. This can be anything, hot glue, Gorilla glue, anything as long as it's strong.