I started with a simple picture frame that my mom had in her basement which she bought for 50 cents in a yard sale (the tag was still on it). Hubby took on the job of spray painting the frame pink which is a story unto itself but the short form is that it had gold leaf on it at some point under some old paint and stain so it had to be stripped with a heat gun before it could be primed... a second time. Good thing hubby is such a good sport!
For my part, I started preparing the memo board part by cutting a piece of foam board to fit the frame, leaving a small gap around the sides to accommodate the fabric wrapped around the board.
I then laid some basic batting on the table and cut it to fit the board leaving a few inches around the sides.
Finally, Hubby attached it to the foam board into the frame with staples (sorry, forgot the pics on this part). He added a picture hanger at the top.
I think it came out so well -