I start out with a blank 7" Munny figure, like so:
(you can purchase from kidrobot.com, I get them from Lost Marbles)
I start planning with the stickers included:
The most difficult part of this process is condensing an opulent costume into a tiny little squashed replica.
Use some Pro-Sculpey:
(Note his scar tee-hee)
Surprisingly, you can just bake the entire thing all together as one piece. The last time I made a Munny figure, I didn't know this fact so I peeled everything off and it took so much longer. I love using mixed media, like felt and other fabric, but this just looks so much better.
All that's left is to paint him :)