Prep onion, bell pepper and garlic as noted. Place ground beef and stew meat in the instant pot and break the ground beef up into small pieces with a spoon.
Season the meat with the chili powder, smoked paprika, chipotle powder, salt and pepper. Pour in the liquid smoke. Stir the beef to mix in the seasonings.
Pour in the beef broth and add in the onion, bell pepper and garlic. Place the lid on the instant pot and close the pressure valve. Press the "soup" button.
Allow the cooking cycle to complete and then quick release the pressure.
Open the lid when safe to do so. You may need to break up the beef into smaller pieces at this point if needed. Taste soup and season with additional salt and pepper as desired. Spoon into bowls, top with desired toppings and enjoy.
For the slow cooker:
Follow steps 1-3 above, placing the ingredients in and mixing in your slow cooker.
Secure the lid on the slow cooker and cook on low for 8-10 hours or on high for 5-6 hours.
You may need to break up the beef into smaller pieces at this point if needed. Taste soup and season with additional salt and pepper as desired. Spoon into bowls, top with desired toppings and enjoy.
Notes
Nutrition facts are an estimate provided for those following a Ketogenic or low-carb diet and do not include optional toppings for this recipe. See our full nutrition information disclosure here.