This is the video about it:

https://www.youtube.com/watch?v=voGryK214-4

 

And here is the code:

BasicEggBlock.java - http://pastebin.com/NNfAUReu

BasicBlockRenderer.java - http://pastebin.com/6URs4sFD

BasicTileEntity.java - http://pastebin.com/5MfB2NL7

mode.render() - http://pastebin.com/qGB6ckbe

 

I'd register the block, tile entity, and the renderer.

 

Please help me out with this problem 

public TileEntity entity;

You're rendering your model with BasicTileEntity, but in your block code you return a TileEntity. Try returning the correct one.