We'll be using a screencap of Hagrid from the Harry Potter series. Found at Mugglenet.

1. Sharpen your 100x100 base.  



2. Duplicate the base twice. 
- Set top one to 'SCREEN' at 30% opacity. 
- Set lower one to 'SCREEN' at 100% opacity. 



3. Create new raster layer. ('LAYERS'--'NEW RASTER LAYER')


4. Flood fill w/ #E0E0E0.


Set layer to 'BURN' at 100% opacity.



5. Create new raster layer.


6. Flood fill w/ #0A4CC6.


Set to 'EXCLUSION' at 30% opacity.




7. Create a new raster layer.


8. Flood fill with same color from step 6, #0A4CC6.


Set to 'BURN' at 40% opacity.



9. Duplicate the base, drag it to the top and set to 'OVERLAY' at 30%.


10. Go to 'LAYERS'--'NEW ADJUSTMENT LAYER'--'BRIGHTNESS/CONTRAST'.
- Brightness:9
- Contrast: 15
You can play around with those numbers depending on your personal tastes.

It's almost good enough at this point, but I like to play around with the coloring a bit more.

11. Go to 'LAYERS'--'NEW ADJUSTMENT LAYER'--'COLOR BALANCE'.
- Where it says 'Tone Balance', click 'Shadows'.
- Then go back up to the top where it says 'Color Levels'. 
- In the first box, type 17. 
- Leave the second box at 0.
- In the third box, type 8.
- Now go back down to the bottom where it says 'Tone Balance'--select 'Highlights'.
- Then go back up to 'Color Levels' and type 15 in the first box.
- Make sure 'Preserve Luminance' box is checked.


12. Go to 'LAYERS'--'NEW ADJUSTMENT LAYER'--'LEVELS'
- Channel: RGB
- Input Levels: 0  -  1  -  238

then

Channel: Red
Input Levels: 0  -  0.67  -  242
Click 'OK'.

And there's your finished product...



Try not to copy this exact icon, play around with the various opacities and make it your own.

If you found this helpful, please comment. I'd love to see what you created!