All I did was grab an 11 x 14 canvas, Mod Podge, and a whole bunch of different words. All of my fonts came from either Lettering Delights or dafont.com. Lettering Delights costs money, but you can usually get fonts on sale. Dafont.com on the other hand is all free!
After I printed out my words, I cut them out and used Mod Podge to glue them on to the canvas. I let it dry, and then put a coat of Mod Podge over the entire canvas. That's all I did, and I must say…I LOVE it!!