Software Expenses Hack

Author

Jordan Ross
February 25, 2024 • Estimated Reading Time: 3 minutes

Lastpass Hack

February, 25th 2024

As you scale, you're going to waste 10s of thousands on software

If you have 50-100 employees, you already are

Here is how to cut your software expenses and save over $10,000 annually

The simplest way to cut your software expenses is to make master logins:

admin@8figureagency

sales@8fiugreagency

There are many software that allow you to do this

When you make these master logins, you can reinvest the savings into growth, marketing & talent

The hack here is using a password tool that doesn't require you to change the password every time someone leaves

LastPass is the tool we use at 8F

Cost/user on LastPass: $3/mo

Cost/user on my CRM/PM: $24-$50/mo

Grow Now

Want to 10X profit while removing yourself from the day to day operation? Book a consultation here

Here is how to set this up on LastPass

1- Add seats (obvious first step)

2- Go to Sharing Center on the left-hand side of the navigation bar and create different folders for different departments and roles

Make a shared folder and add all the different logins per software you would like to be included

Have team members sign into LastPass

Download the Chrome extension

Killer Content (My favorite pieces of content from last week):

Bang

You are done

Not only will the passwords auto-populate for the software they are given

They will not know the passwords

When an employee quits or you fire one, you go into the software on the day of separation and remove them from the software

Saving you thousands of dollars annually

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Jordan Ross

CEO & Founder @ 8 Figure Agency

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