**Design Breakdown:**

1. **Text Element:**
   - Change the text to "Our Story."
   - Use a softer, rounded sans-serif font for a more inviting feel.

2. **Color Scheme:**
   - Substitute the blue pencil for a green pencil to symbolize growth and freshness.
   - Adjust the text color to a dark gray or charcoal for a modern touch.

3. **Pencil Tip:**
   - Alter the pencil to have a slightly more stylized design, with a sharpened tip for emphasis.

4. **Background:**
   - Replace the plain white background with a light pastel shade, like pale yellow, to add warmth.

5. **Text Placement:**
   - Tilt the text slightly more for a dynamic effect, creating a bit of a playful angle.

6. **Line Element:**
   - Change the line created by the pencil to a dashed or dotted line for a creative flair. 

By applying these changes, the overall design will maintain a clean and modern look while offering a fresh perspective.