All I did was take a board paint it black and then paint it red and then sand then painted it black again, you want different layers and colors of paint so they will show thru when you sand.
After that I painted on two coats of cream paint and let it dry then sanded it just to make it old and worn looking, then I used letter from my computer to trace around the letters to the board with a pencil. (The wood was soft and it made an indent of the letters)
After the letters dried I used masking tape around the sides and made a little border. Lightly sand to make the letters worn. Thats it! So go get your sign making self on! it is super easy.