Hi danwalters5,
I'll do my best to help, but fair warning: I own a PS4.
Do your external speakers connect via 3.5mm jack, USB, or optical? If it's optical, you can connect them directly to the Xbox One and then switch the audio out from HDMI in the Settings>Display & sound>Audio output. For any other situations, you'll need an audio adapter.
Search for HDMI to HDMI + Audio, and look for a model that has the particular output your external speakers use. Most have multiple options for RCA, 3.5mm, and optical.
TheCurmudgeon
I work on behalf of HP.
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