Today, you’re going to learn how to set up a password manager for your team. There are lots of password database options out there for both PC & Mac: Dashlane, 1Password, Keepass, Sticky Password, iCloud etc – there’s browser extensions for Firefox, Chrome, Opera & Safari – today we’ll be showing you how to do this with our favorite: LastPass.
Heads up: even with a password manager, you should always still use two-factor authentication!
Managing passwords was one of the most insanity-inducing things I ever had to deal with. I waited way too long to fix this. It drove me crazy. It was so frustrating.
It’s really embarrassing to admit, but getting a password manager changed my life. It really did. I cannot explain to you how good it will feel once you solve this problem, especially if you have a lot of logins.
So, let’s get going—let’s go through the exact step by step process that you need to set up a password manager to share with you and your team.
This should take about 40 to 60 minutes (depending on how many passwords you have – and how easy it is for you to remember them).
Here is the high-level overview of this process:
- The goal: To have an effective and reliable tool for managing and securing all of your passwords.
- The ideal outcome: Your business activities are easier to manage because you will be able to create strong passwords for different accounts and manage them in the same place.
- Why is this important: Many people tend to use the same password on their accounts over and over again (and more often than not, it’s just a variation of the same password). This can cause you trouble in the future. Password management will allow you to create more secure passwords, as well as share passwords with your team in the future.
- When this is done: You do this once for all of your existing accounts, and then do it again every time you sign up for a new website or service online.
- Where this is done: This will be done in your web browser, more specifically, in LastPass, which is, in my opinion, one of the best password managers out there.