Intro: 1 Hour Pot Holder
The full instructions for this is here: http://instructables.com/id/Easy-Peasy-Dish-Towel-Pot-Holders/.
Basically all you do is fold 2 towels together and sew around the edges and add a loop if you like.
All you need is a sewing machine, and basic sewing supplies, needle, thread, scissors, and a couple of dish towels. These make great gifts.