If ur interested into making some income and creating a successful stream,there is a couple off things that u will need to be aware off.
1: You need to be obviously better than the 99% who don't do any character.
2: You need something to make you stand out from the crowd, such as a witty character or particularly vulgar vocabulary which will net you more viewers,obviously including a good headset, and don't look like a some litlle random nerdy boy who just started going to highschool.
3: A good computer which can run League of Legends in a Decent Quality while having music running (you need to constantly entertain your viewers) and run a streaming program in decent quality as well.
4: A good internet access. Running youtube/pandora and just a stream can be a pain on most of the popular highspeed internets available today, look into broadband or cable internets, because you need to invest money to make money.
Altought there has been a lot of rumours that streaming just isn't worth it unless you are one off the top ones who achieve like 15-20k streamers on average like the members off TSM TheOddOne and Dyrus.
If ur interested in giving it a shot here is a great thread which will pack u up with info for the start : http://euw.leagueoflegends.com/board/showthread.php?t=53207
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