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This example is a simple I-IV-IV chord progression, something in the key of A that I played off the top of my head. It's basically assembled out of three different elements: A chord, a bass line, and a top line. I know, you're thinking "this is nothing new, this is what Kirk teaches every week" but this time it's a little different. This time instead of being interwoven, the elements come one at a time in sequence. I take each chord in the progression and treat it in the same way: play the chord, play the bass line, play the top line. The whole thing becomes a 'guitar part', a part you could play solo as self accompaniment, or backing a singer, or in a band, although in a band you might prefer to play just one element while other band member take care of the other two. In that case, your guitar part becomes the arrangement.
The top line, call it the melody line, I play as a double stop, and in each case I accommodate the chord of the moment, choosing my notes with that in mind. I wanted a blues based 7th sound, so I made sure I included the flat 7 (of each chord) in the harmony lines. A good exercise for you would be to analyze the three different top-line harmonies and find where that flat 7 is and what the other notes are.
The elements themselves are pretty straight forward; joining seamlessly into one part is the practice bit. This, as I say, is just a quick, off-the-cuff example. There are countless variations on this set of three elements to this chord progression alone, let alone all the other progressions you can apply this line of thinking to. You could, for example, simply change the order that the three elements come in the sequence ... the more you explore these variations and possibilities, the bigger your musical vocabulary becomes, the more elements you have to assemble. It's a never ending process, exploring music. Add to that the (seeming) complexities of the fretboard, and you've got yourself a lifelong project, sifting through it all. But what fun!