DIY Dollar Store 'Industrial' Light Fixture

My laundry room makeover is in full swing.  Nothing is safe (just ask my drying rack).   Not even the ol' bulb and chain.  The laundry closet light is literally a light socket with a bulb in the ceiling.   There she glows...

I know it's just a laundry closet, but I did want to spice up the light a little and I didn't want to spend much money.   A $2 DIY light fixture did the trick.