Welcome to One Thing Better. Each week, the editor in chief of Entrepreneur magazine (that's me) shares one way to be more successful and satisfied — and build a career or company you love. |
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Today's one thing: Solving a big problem |
That one thing, better: Solving the right part of the problem |
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 | Made with ChatGPT 4 |
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You're trying to solve a big problem. But nothing seems to work. |
Here's why: When we solve problems, we often start with the easiest part, or with the stuff we know how to do best. Then we work our way up. |
But that's often the wrong approach. Every big problem has one fundamental challenge — and if you don't know what thing is, then you're just wasting your time. |
We'll call this thing the monkey. You must know your monkey. |
So, let me introduce you to it. |
What the monkey really is |
"The monkey" is part of a metaphor that goes like this… |
Imagine getting a crazy assignment at work: You must teach a monkey to recite Shakespeare while standing on a pedestal. |
Now, ask yourself: What's the first thing you should do? |
"Build the pedestal," you might say. |
That sounds logical. The pedestal is what we call low-hanging fruit — the small, easy, satisfying stuff that we love to tackle first, because it gives us a sense of progress. |
But that's the wrong answer. |
"There is no point in building pedestals if you can't solve for the monkey," writes behavioral researcher Annie Duke, who I first learned this from. |
It's true: You could build the world's greatest pedestal… but what's the point if a monkey can't learn to recite Shakespeare? |
In other words, the monkey and the pedestal are two different kinds of solutions… |
The monkey is the pivotal part of any problem — and if you don't solve for the monkey, nothing else you do matters. |
The pedestal is everything else you do to solve the problem — often because it's easier, less scary, or more obvious than the monkey. |
Now here's the thing: Oftentimes, we're not actually avoiding the monkey. |
Instead, we're so consumed by our problem — and so overwhelmed! — that we haven't even stopped to consider what the monkey is. |
That's the point of this exercise. You need to step back and ask yourself: What's my monkey? |
The answer might surprise you. |
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How to find a monkey |
Before you go hunting for your own monkey, it's helpful to hear how other people found theirs. So here are a few examples. |
The "monkey and pedestal" concept comes out of Google X, the innovation laboratory where Google tackles its most ambitious projects. Whenever they explore a new idea, they want to know: What's the monkey here? By answering that question, they'll know whether a project is worth doing. |
Google X's CEO, Astro Teller, offers an interesting example in this blog post. His team once tried to turn seawater into carbon-neutral liquid fuel — a potential game-changer of an idea. |
So what's the monkey there? |
You might think it's the technology that turns seawater into fuel — but, no! That is "relatively straightforward," Teller writes. The technology is the pedestal. Instead, the monkey is this: Can seawater fuel be made cheap enough for people to buy it? Because if it can't, the technology itself is pointless. |
Ultimately, his team realized the answer was no: The economics of the project didn't work. So Google X killed it. |
Now you see: The monkey isn't always that obvious. But it's always critical. |
To find your money, I suggest asking this question: "If I solved this problem and it was a great success, what major change would have gotten me there?" |
In other words, what bottleneck did you clear out? What critical hurdle did you overcome? That's your monkey. |
Now here's what the monkey looks like in other situations… |
Other people's monkeys |
 | Made with ChatGPT 4 |
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I've started to share this metaphor with friends and colleagues, and it prompted the most interesting conversations. |
Here are three: |
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I was recently consulting for an entrepreneur named Stephanie (not her real name), who co-founded a food brand with her cousin. It's gone OK, but not as great as she hoped, so Stephanie has been exploring a pivot — doing endless research, calling many experts, and stressing herself out. |
Stephanie and I spent 30 minutes talking about her pivot, and whether any of them can work. Then she revealed something: Her cousin has a totally different idea for a pivot, which she disagrees with. The cousins haven't talked about this in months, because Stephanie is hoping to find a new solution that her cousin will love. |
"Wait a second," I said. "Your cousin is the monkey." |
Stephanie's eyes went wide. She realized it was true. |
Pivots are hard — but you know what's harder? Resolving disagreements with a cofounder, especially if they're family. "Nothing you do will solve this problem until you talk to your cousin," I said. Everything else is just a pedestal. |
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I was recently catching up with an old friend, and told her about the monkey and pedestal. |
"It's funny," she said. "I know that's supposed to be about work, but it applies well to my relationship." |
She's been dating a guy for two years, and something isn't working. So for the past few months, they've been doing things they like to do together — hiking, exploring, finding fun restaurants — hoping to rekindle the spark. |
They're enjoying this time together, but the relationship itself still feels fractured. She wasn't sure why — until she thought about what the monkey in her relationship is. |
Turns out, it's an incompatibility they're both aware of — but both afraid to talk about. And until they resolve it, no amount of fun dates will ever suffice. |
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This newsletter goes out on Tuesday mornings. Oftentimes, this means I'm obsessively editing it on Monday nights while my wife keeps texting me: "Bed! It's time for bed!" |
In theory, this shouldn't happen. I plan ahead — I block 9 am to 11 am every Wednesday and Thursday to write next week's newsletter. So what's the problem? |
To answer that, I reflected upon how I actually use that time. And I realized something: I don't start it by writing my newsletter! Instead, I start it by furiously replying to emails, DMs, and comments on my latest LinkedIn post, because all that stuff feels productive. |
But no! Those things aren't productive! These things are pedestals, stealing my time! Even blocking things off on my calendar is a pedestal, because it's lulled me into a sense of unearned accomplishment! |
The monkey is actually committing to deep work… because if I can't produce good content, then I have nothing. I must work on my monkey. |
So, where's your monkey? |
As I said at the beginning: You're trying to solve a big problem. But nothing you do seems to work. |
Now you know why: You're working on pedestals. |
You could build a million pedestals, but you won't be remembered or celebrated for them. Your success is dependent upon monkeys. |
So, ask yourself: What part of your problem is so fundamental, and so critical, that nothing else will matter until you solve it? |
I'm not saying this is easy. In fact, it'll be the hardest work you do — leading to deep conversations, long hours, and difficult decisions. But this stuff deserves your focus and attention, because it is the only true way forward. |
Don't settle for the illusion of progress. Strive for actual progress. |
Get that monkey. |
That's how to do one thing better. |
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P.S. Did you miss last week's newsletter? It's about how to speak confidently when you don't feel confident. Read here. |
P.P.S. Want brand partnerships and sponsors? Maybe you make a podcast or newsletter, are putting on an event, or doing anything else that could involve sponsors. This Thursday, July 18 at noon EST, I'm hosting a call about how to secure them — even if you don't have a large audience! It's happening in my One Thing Better community, where we'll be joined by my friend Mario Armstrong, who's secured more than $4 million in sponsorships and now teaches how to do it. Want to join? Just join the community, and then login info is here. |
P.P.P.S. This book makes me LOL. It's called The Lemon — a satire about foodie culture and the media hype machine, written by some friends under a pseudonym. I'm halfway through right now. If you're looking for a light, fun escape this summer, I recommend it. |
P.P.P.P.S. How to write a song. I often recommend this podcast episode to friends: A newbie songwriter struggles to write a song, so Ben Folds steps in to help. It's super insightful, and reveals the true craft of songwriting. |
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