Pick a font - I really like Anderson Four Feather Falls ( I got this from a free font site) so I decided to do it with that font.
Print it out - As I didn't want to really see the lines when I was finished with this I lightened the font colour to a very faint grey, then I printed it out on an off white card stock.
Cut out your quilling paper - So I went looking to buy quilling paper, but I guess this is a specialty item in which my craft stores didn't sell. No matter, I went and bought some paper, which wasn't terribly expensive ( 4 dollars for 50 sheets with 5 different colours in each package) I then began cutting them into 1/4 inch strips. I believe traditionally the strips are 1/8 inch, but my little paper cutter wasn't meant to cut pieces that small, so I went up to 1/4 inch thick. The paper I could find in the colours I liked was thicker than normal quilling paper, in fact it is a thin cardstock. It was either that or ugly colours so I went with the cardstock and tried my luck!
Glue it down - Once your outline is figured out, I used a toothpick to put a little bit of PVA glue on to the edge of the paper.
If you aren't in the mood to make this yourself - I can make one for you! I sell Custom Quilled Monograms on my Etsy site, so there ya go!