Choose a figure. Try to choose characters with an ambiguous identity or description, so that you can reuse them in other puppet shows. You can find figures anywhere, but the Internet has a wealth of options available at the touch of a button.
Make the figure. On a piece of paper, trace out the figure to the desired size. You may like to reinforce the paper with card, or draw it directly on to card, so that the paper doesn't flap around during your performance.
- Think about the back side, too! Will your puppet be turning around during use? And if you do make a back side, does it need fins or a tail?