Redesign of an existing Logo

This is what MASTERCHANGE® was looking for in their logo design

Please redesign the uploaded Logo "MASTERCHANGE" and give it a bit of a more modern touch. (The other logo file is my name logo, just for information about the design and that the butterfly is in general my preferred symbol)
The colours of the red (#AB003E) and the grey (##B9B9B9 and ##8F8F8F) are the specified colours (as per the coporate design defintion) that can be used.
I am a coach and holistic therapist and I created this brand 8 years ago for my method of work. It is a brand for holistic healing, consciouness growth and life changing process. Read more