Step 1: Download Stock Image first or use one you have.  Remove the background of the image using Magnetic Lasso Tool (L).  Open New Document.  I use 530 x 438 pixels on this tutorial. Use color #000000 for the background.  Move the Image to the Working document using Move Tool (V).  Name the image to “Stock Image”.

Step 2: Create a New Layer above the Stock Image Layer. Choose Gradient Tool (G).  Set the color to #9d5c5b and #b53564. Apply gradient to the new layer then set the layer to “Color” and 75% Opacity.

Step 3: Create new layer between the background and the image. Set the color to #470310. Now choose Gradient Tool again and use “Foreground to Transparent” in Radial Gradient mode. Now apply it to our working document. Name the layer to “Highlight1″

Step 4: Create a new layer above the Highlight1 Layer then go to Filter>Render>Clouds.   Set the layer to “Soft Light.”   Name the layer to “Cloud.”  Duplicate the “Cloud” layer by pressing CTRL+J.

Step 5: Create new layer behind the Stock Image layer. Name the layer to “Circles.”  Set the color to #ffffff.  Choose Ellipse Tool (U) and create some circles.  Make sure to hold Shift while creating the circles (check the image below).  Now adjust the Fill to 30%.  Go to blending mode.  On the blending mode, select Outer Glow then use color #e1851a. Opacity to 100% . Spread to 6% and Size to 2 pixels.

Step 6: Duplicate the circle layer.  What we’re going to do here is to scale the duplicate layer and move it around the area so it will create more circles. Create a 6 duplicates. ( See the image below). You can also adjust the opacity to 50% of other circle layers specially for the small circles.

Step 7: Create new layer behind Stock Image layer.  Choose Custom Shape Tool (U) then select “Tile 2.”  Adjust the Opacity to 35%.  Go to blending mode.  On the blending mode, select Outer Glow then use color #e1851a.  Opacity to 100% . Spread to 6% and Size to 2 pixels.  Go to Edit>Transform>Warp and warp the Tile.
(see image below)

After warping, Go to Edit>Transform>Rotate and adjust the warped tile to a good position.  Name the layer to Tile. Duplicate tile layer then set the duplicate layer to 100% Opacity and 30% Fill.

Step 8: Duplicate the  Stock Image layer then select duplicate Stock Image.  Go to Image>Adjustments>Hue/Saturation.  On Hue/Saturation, adjust the Lightness to +100.  Right Click the duplicate Stock Image layer then select Outer Glow.  On Outer Glow, Set the color to #ffffbe.  Opacity to 75%.  Spread to 0% and Size to 18%.  Now we have a highlight on the Stock Image.

Step 9: Create a new layer between Stock Image and Duplicate Stock Image.  Set the color to #ffffff.  Choose Brush Tool (B) and Set the brush to “Splatter 59 Pixels.”  Now apply the brush on the right side of the Stock Image. (see image below)

Step 10: Lets add some little sparkles.  Create a new layer above Stock Image layer.  Choose Brush Tool (B) then adjust the brush to Soft Round 5 Pixels.

Step 11:Create a new layer.  For this part we will use 4 colors. First use #ffffbe then apply it to the layer using brush tool.  2nd color is #587f23.  3rd is #d99905 and last color is #ffcd03. (see image below)

Step 12: Go to Filter>Blur>Gaussian Blur.  In the Gaussian Blur, set the radius to 25 pixels.

Step 13: Almost done…Now Set the layer to “Color Dodge” and Opacity to 45%.   Go to Edit>Transform>Rotate to adjust the position of the highlight.

And we’re done.  I hope you enjoyed our tutorial for today.  Drop us a link sample of your work on this tutorial in the comment area. More to come.  Thanks to NALDZ for reference!  @Tekcetera and @designcess for great design/web tips!