I've looked at a few tutorials online that suggest tracing a design, then transferring it to the eraser or stamping compound. I do think that works well, but my favorite stamps have been the ones I draw directly, then carve. My very favorite was a cupcake that my daughter drew onto an eraser, and I cut out. She was delighted to have a stamp of her drawing. So delighted that the stamp immediately disappeared into her room never to be seen again.
The linocutter is a handy little gadget, if someone of a unitasker. As I've carved, I've been thinking of the linoleum prints we made back in high school art class. I can still hear the sound of the brayer as we rolled the sticky paint onto the block. I'd love to try that again sometime. In the meantime, I'm loving these little eraser stamps and am planning to give a few as gifts.