Creating cowboy stew is simple and rewarding. Follow these steps to whip up this delicious dish:

1. Brown the Meats: In a large pot, heat olive oil over medium heat. Add the ground beef and pork sausage. Cook until browned, breaking it apart with a spoon.
2. Add Aromatics: Stir in the diced onion and minced garlic. Cook until the onion becomes translucent, about 3-4 minutes.
3. Mix in Vegetables: Add the diced potatoes, kidney beans, black beans, corn, and diced tomatoes to the pot. Stir to combine.
4. Pour in Broth: Add the beef broth, ensuring that all ingredients are submerged.
5. Season the Stew: Sprinkle in the chili powder, cumin, smoked paprika, salt, and pepper. Stir well to distribute the spices.
6. Simmer: Bring the stew to a boil. Once boiling, reduce the heat to low and cover the pot. Let it simmer for about 45 minutes, or until the potatoes are tender.
7. Taste and Adjust: After simmering, taste the stew and adjust the seasonings if necessary.
8. Garnish: Serve hot, garnished with fresh cilantro if desired.

These steps will guide you in creating this incredible cowboy stew effortlessly.