
Result.
Open your Photoshop program, and "Open" > "New".
Type in the words, change font sizes so
Click "Edit" > "Transform" > "Flip Horizontal"
Then click "Edit" > "Transform" > "Flip Vertical"<
Click on "Filter" > "Distort" > "Polar Coordinates..."
Click OK on the pop up window
On the new window, select "Rectangular to Polar, and 100%
Now it should look like this
Click on "Edit" > "Free Transform"
You should see a box boxing the words
Drag the smaller square to resize the box into a square shape.
Click "Apply"
Decorate it, add image or words, Done!