To help emphasize my point:
These are logo'sCompact, clear and when you learn to know what it is, very recognizable.
Taking your.. let's call it a wallpaper for now, as an example, an easy way to make a logo of it would be to take the T from Team and the P from Procrastination, and working that into something more compact on the same background. Add brackets like the green one you've got at the left side of the P, and perhaps a line underneath like the orange/brown one under procrastination, and you've got yourself something more of a logo.
This is more a good start then a finished logo. Don't be discouraged though, please. It does look very well, and could probably be used as a solid base for the actual logo.