Step One: Wrap yarn around wreath frame. I wanted navy yarn, but as I was on a budget and was shopping at the Dollar Tree, and all they had was this color blue, that's what I went with. Some of the tutorials I read before doing this said it took people 4+ hours to wrap their wreath, to which I say either they were using their feet instead of their fingers, or their frame was the diameter of a small planet, because wrapping mine took me about one and a half episodes of "Two and a Half Men".
The finished project.
Next step was turning 4 pieces of felt (one of the cheapest wonders ever sold at a craft store) into flowers. I used the tutorial here and it was oh so easy.