1..Make a new file 100x100.

2..Using the selection tool on radial, make a circle.

3..Now use the gradient tool and set the type to radial.

4..Select a foreground and background color.

5..Click on the top-left of the button and drag to the bottom-right.

6..Now click on SELECT>MODIFY>CONTRACT, and contract
selection by 8.

7..Select LAYER>TRANSFORM>ROTATE 180.

8..Now click on SELECT>MODIFY>CONTRACT, contract by 4 this time.

9..Click on SELECT>FEATHER, and feather the selection by 2.

10..Select LAYER>TRANSFORM>ROTATE 180.

11..That's it! Use the text tool to enter text or dingbats to finish.