Preparing Cowboy Soup is straightforward. Follow these chronological steps to create your delicious meal:

1. Cook the Meat: In a large pot, heat olive oil over medium heat. Add the ground beef or turkey and cook until browned, breaking it apart as it cooks. Drain excess fat if necessary.

2. Add Aromatics: Stir in the diced onion and minced garlic. Sauté for about 3-4 minutes until the onion becomes translucent.

3. Incorporate Veggies: Add chopped carrots and diced bell pepper to the pot. Cook for another 5 minutes until the vegetables begin to soften.

4. Stir in Seasonings: Sprinkle in the chili powder, cumin, smoked paprika, salt, and pepper. Mix well to coat the meat and veggies with the spices.

5. Combine with Broth: Pour in the diced tomatoes (with their juices) and the broth. Stir to combine all ingredients thoroughly.

6. Add Beans and Corn: Add both cans of beans and frozen corn to the pot. Stir to integrate all the ingredients.

7. Simmer the Soup: Bring the mixture to a boil, then reduce the heat to low. Allow to simmer uncovered for about 30 minutes, stirring occasionally.

8. Taste and Adjust: After simmering, taste the soup and adjust seasonings if needed. Add more salt, pepper, or spices according to your preference.

9. Serve: Once everything is well combined and flavorful, remove from heat.

Each step leads to the wonderful blending of flavors that makes Cowboy Soup such a revered dish.