While I applaud your enthusiasm for wanting to do it yourself, you also need to weigh what your time is worth vs. what you would spend to just buy the conversion kit. The kits are around $30-50. Not including tools and material costs, if I couldn't get it done in no more than about an hour I wouldn't consider it worth my time. If you see it differently, then by all means have at it. There isn't anything overly complicated about them. To threaded inserts that clamp into the bottom bracket from each side with usually 3 or 4 posts that they bolt together with.
I personally know I could likely build something that would work, but not without spending a 5 hours to do so, likely more in materials or tools than the premade one sells for, and well I would rather just buy something for $30 and screw it together and spend the other 4 hours and 50 minutes working on something else.