This episode of the Technology Risk Podcast, hosted by Angela Hogaboom and Arnie Boyarsky, we explore how small and medium-sized businesses can transform perceived technology risks, like outdated systems and unlicensed software, into strategic advantages. We highlight that proactively addressing these issues can lead to significant benefits such as increased revenue growth, improved efficiency, and enhanced security, supported by real-world examples. We outline a five-step process for creating a strategic risk management plan and offer practical tips for fostering a proactive mindset towards technology. Ultimately, we encourage SMBs to view technology challenges as opportunities for innovation and competitive differentiation. Subscribe to use on Apple music and Spotify, and visit our website at www.frostyos.com.