First find the tolerance band, it will typically be gold ( 5%) and sometimes silver (10%). Starting from the other end, identify the first band - write down the number associated with that color; in this case Red is 2. Now 'read' the next color, here it is red so write down a 2 next to the two. (you should have '22' so far.) Now read the third or 'multiplier' band and write down that number of 1. In this example, the 'multiplier' band is Black so we get 22 Ω.
If the 'multiplier' band is Gold move the decimal point one to the left. If the 'multiplier' band is Silver move the decimal point two places to the left.
 
This are some examples :