Heat your skillet well and prepare your ingredients.
Add your olive oil to a hot skillet and begin searing the ground beef.
Once the beef is seared and browned, add your butter and continue to cook for 2 minutes.
Begin cooking your peppers, onions, beans and jalapeños in the skillet until your ingredient's begin to soften.
Continue to cooked vegetables, mixing until translucent.
Once they are all mixed add all of your seasonings and mix well.
Add your chicken stock to deglaze the pan. Using your wooden spoon, scrape the bottom of the pan to get all the flavors into the chili.
Then add the tomato sauce and cook at a simmer for 1-2 hours.
When your chili is done, place into a bowl and garnish with sharp shredded cheddar, scallions and a dollop of sour cream.