Step 1
Create a new document (Ctrl+N) with 600x500 of size.
Create New Document
Step 2
First of all select Rectangle Tool from tool panel and create a rectangle with red color #d30000.
Create a Rectangle
Step 3
Now I am going to applying Lighting Effect on this rectangle layer.
Go to Filter > Render > Lighting Effect.
Applying Lighting Effect
After applying lighting effect we get a nice effect on rectangle layer.
Get Nice Effect on Rectangle Layer
Step 4
In this step go to Layer Styles and applying Inner Shadow on rectangle layer.
Go to Layer > Layer Styles > Inner Shadow.
Inner Shadow
After applying inner shadow we get a new effect on rectangle layer.
Get a New Effect
Step 5
Select Line Tool from tool panel and create a horizontal line with white color #ffffff as like in preview.
Create a Line
After create line rasterize it, now select Eraser Tool and erase sides of line layer as like in picture below.
Erase Sides of Line Layer
Down Opacity (50%) of line layer.
Down Opacity of Line Layer
Now duplicate line layer and set down side as like in preview.
Duplicate Line Layer
Step 6
Select Line Tool again and create a vertical line with white color #ffffff as like in preview.
Create a Vertical Line
Rasterize line layer select Eraser Tool and erase upper and lower side of line layer.
Erase Line Layer
Down Opacity (50%) of line layer.
Down Opacity of Vertical Line Layer
Duplicate line layer and set right side of duplicate line layer.
Duplicate Line Layer
Step 7
Create a new layer (Shift+Ctfrl+N) select Brush Tool (50px) of size, paint center area of rectangle with white color #ffffff as like in picture below.
Paint With Brush
Down Opacity (50%) of brush layer.
Down Opacity Brush Layer
Step 8
Select Text Tool and write some text with white color #ffffff you can use any of font here I am using photoshop default Verdana Font.
Write Some Text
Now go to the Blending Options and applying Drop Shadow on this text layer.
Go to Layer > Layer Styles > Drop Shadow.
Drop Shadow
After applying drop shadow we get a beautiful effect on text layer.
Get a Beautiful Effect
Same as you can make more buttons with different colors as like below in final preview.
Final Preview
