Good work, Mike. A lot snappier than the first blog post you posted!
A few minor suggestions:
There will always be another guy fixated on dethroning you by offering even lower prices.
=> Another guy can always find a way to undercut you.
Competing on price will suck the life out of you.
Cash Flow and Profits will be slim.
Competing on low price will lock you into a pattern…
=> these sentences can be shortened by changing to the present tense (makes the statements also more powerful): Competing on price sucks the life out of you.
Because your life as a business owner will be agonizing.
This provides an opportunity to stress how miserable life is when you go for low prices by adding a couple of ultra-short sentences, e.g.
Because your life as a business owner will be agonizing. Gloomy. And miserable.
Take a hard look at leveraging technology to reduce costs without reducing quality, dependability, or timeliness.
This is quite an abstract sentence. Perhaps simply: Can you use technology to reduce costs? Without compromising customer service? [adding an example would also help]
Enchant readers. Woo customers. Win business.