you would need to upload the image;
possibly using ‘media’ ‘add new’ in the dashboard – then copying the image url (all including the http:// part) and use that in the text widget.
<img src="absolute_image_url_from_upload" alt="" />
Can you tell me exactly what to put in the text widget letter by letter because when I copy everything except for the http:// it doesnt work. Am I supposed to do something with the code you posted above? (<img src=”absolute_image_url_from_upload” alt=”” />). Sorry not so familiar with all of this.
what you enter into the textwidget should look like this:
<img src="http://www.yoursite.com/wordpress/wp-content/uploads/2010/06/image.jpg" alt="" />
with this: http://www.yoursite.com/wordpress/wp-content/uploads/2010/06/image.jpg
replaced by the url of your uploaded image