Creating a fun character

The purpose of this tutorial is to show how you can create unique characters. Start by creating a circle using elliptical shape tool.
Press Ctrl+T. Right Click and select Warp. Adjust the nodes to get the shape as shown.
Double click the layer to open layer style window. Apply settings as shown.

Create a circular selection using elliptical marquee tool.
Create a new layer. Apply Black to white gradient. Change layer mode to "Hard Light" for this layer.

Create an elliptical selection over the small circle using elliptical marquee tool. Press Delete. Again create an elliptical selection and press Delete.

Create an ellipse using elliptical shape tool.
Double click the layer to open layer style window. Apply settings as shown.
Create a small ellipse for the eyeball using elliptical shape tool. Apply some bevel&emboss layer style.
Similarly create the other eye and nose.
Create an ellipse for the arm using elliptical shape tool. Apply same layer style we used for the body and apply the glassy look
Create legs and feet using pen tool.
Select and merge all the layers. Duplicate layer. Enable lock transparent pixels from layer palette. Fill it with gray color. Press Ctrl+T. Right click the layer and select distort. Adjust nodes to create a perspective shadow.