Click on 'Next' button in the DAEMON Tools Lite installation window.
Read the License and accept it to continue installation by clicking on 'I Agree' button.
Choose your licence type (1): 'Free License' for personal use or 'Paid License' if you got license serial number already. If you want to buy license later (don't have license serial) choose free license to continue installation. And click on 'Next' button (2) to continue. About how to get license serial see Purchase options.
Check SPTD (1) for advanced emulation options like RMPS, SafeDisk, SecuROM and LaserLock to become available. And click on 'Next' (2) to continue.
Choose one of Mount Space statistics collecting options (1) and click 'Next' (2).
You can set custom installation path by updating 'Destination folder' string (1) or by browsing your PC (2). Click on 'Install' (3) to begin extracting of DAEMON Tools Lite files.
Click 'Install' in 'Desktop Gadgets' window (it can be disabled and managed as usual Windows gadget).
Click 'Finish' to close installation window and run DAEMON Tools Lite (checked by default).
System will display DAEMON Tools Lite window (1) and DAEMON Tools gadget (2).