Virtual Business Solutions Blog

How many passwords does anyone—you, your team, your family, your competitors—have to keep track of nowadays? According to research by password-management software NordPass, that number has actually decreased for the first time in years… their figures of 170 on average, 87 of which were business-related in 2024, shrank to 120 on average, 67 of which were work-related, earlier this year.

Granted, these figures were collected between April 4th and the 15th and included only 1509 users, so the statistical significance is questionable. Despite that, we can’t disagree with NordPass’ conclusion: more people are using password alternatives.

Imagine hiring a security inspector to check your office building, and they hand you a report showing thousands of unlocked doors and windows you never even knew were there.

That's essentially what just happened to the tech world.

Business owners often make technology investments in a vacuum. You look at the metrics, you see the potential return on investment, and you purchase the platform. Two months later, everyone is still quietly reverting back to their old spreadsheets. You might want to mandate the new software and lock down the old files, but mandating the platform is not the core issue. The problem is that your team does not see the tool as a way to make their workdays easier.

How much does a 5-second lag on your technology cost? Most business owners will look at an aging laptop and think, “It still works, so why replace it?” The reality is that older devices can lead to a silent, invisible drain on your budget that doesn’t show up on the hardware invoice: the labor leak.

How often do you find yourself sitting in your car, coffee in the cupholder, dreading going into your own business just because you know that there will be some number of IT challenges and issues that you will have to deal with?

This is completely understandable… unless you happen to be working with a managed service provider.