Step three:
Create a new layer.
Add two small circles on the eyes.
Step four:
Create a new layer.
Draw the nose which is #FEE600. Add a 1px #ABABAB stroke and erase the part thats not sticking out.
Step five:
Create a new layer. Move this layer under every other layer you created.
With the Pen tool, draw his entire head. Fill path #FEE600.
Step six:
Create a new layer. Make sure this layer is on top of every other layer you made.
Now draw his mouth.