Cut a large circle out of the paper. Rice paper works best for lighting fixtures, as it lets the most light through, but thicker paper can also be used for design or decoration purposes. The circle circumference is the same size as your shade, so be certain how large you want your fixture before cutting the paper.
Cut the circle from the paper. Cut one line from the edge of the circle to the very center; overlap the two edges and secure them with glue to make a cone shape. The more material you overlap, the more significant the angle of your parasol shade.
Decorate the exterior of the shade using ribbon, beads or tassels. At even intervals along the inside of the shade, glue wooden dowel rods flat along the length of the shade. Leave 3 to 4 inches of space from the end of the dowel rod to the center of the shade.
With a narrow nail or a thick-gauge sewing needle, puncture a thin hole through the center of a series of smaller cut dowel rods. Glue the rods horizontally, to form a ring connecting the vertical dowels. These support the shade and prevent the parasol from drooping or losing shape over time.
Puncture the rice paper that covers the holes punched in each vertical dowel. Thread twine or wire through these holes, and form a hook or knot at the end of each to prevent the material from slipping back through the hole. Secure the loose ends to the light fixture tightly enough to withstand the weight of the shade.