Step 7

Select the Elliptical Marquee Tool (Style: Normal) and make a selection similiar to below.



Now hit delete on your keyboard, this will remove the white area in the selection.

Step 8

Now lower the opacity of the layer to 30% and set the blend mode to Soft Light - you can do this from the layers window.

Step 9

Lastly we are just going to be adding some text, choose a nice stylish font (I've used Fertigo) - it's a bit hard to fit 19 letters on a button which is why it looks squashed ;)