If you provide a reference you're working with so folk have a better idea what you're aiming for, perhaps better input will come along. So far it looks like an icon of sorts. The P is partly below the line the font is on and the spacing between the letters is inconsistent, which is perhaps why it looks 'sloppy'.
I would suggest whatever you work with next, grab a reference. A picture, a photo, a drawing - and see what happens.
