You'll need:
Rick Rack (mine was thrifted)
Ring Shank
Needle and Coordinating thread
Scissor
And don't forget the glue even though it's not in the picture!

Start by folding over one end of the rick rack and securing it with a stitch.

Roll the rick rack into a shape of a flower and secure the bottom portion with stitches.

Continue rolling the rick rack and securing with stitches to the back as it takes on a flower shape.

When your flower is big enough to fit on the ring shank, cut the rick rack, fold it over to the back and secure with a few stitches.

Attach the rick rack flower to the ring shank.
I use UHU because it grabs and dries quickly.

Make sure to push down the flower on the ring shank securely.
Pull back a few portions of the rick rack to make petals.

Wear it and ENJOY!