I discovered a method to give a "Dashboard Widget", but that's not things i want. All I would like is really a link within the first menu on top left that states "Dashboard".

I believed it. Put this code within the wp-content/themes/your-theme-name/functions.php

function new_link_display() {
    echo "Echo html code for the page";
function new_link_page() {
    if (function_exists('add_submenu_page') )
        add_submenu_page('index.php', __('New Like Label'), __('New Link Label'), 'manage_options', 'new-link-display', 'new_link_display');
add_action('admin_menu', 'new_link_page');