Creating this delicious beef stew is straightforward. Follow these steps to achieve a savory and hearty meal:

1. Brown the Beef
   Heat olive oil in a large pot over medium heat. Add the cubed beef stew meat and brown it on all sides to lock in the flavor. Once browned, remove the beef from the pot and set it aside.
2. Sauté Vegetables
   In the same pot, add the chopped onion and minced garlic. Sauté them until they become soft and translucent, releasing their fragrant aroma.
3. Add Seasonings
   Stir in the tomato paste, dried thyme, and paprika. Cook for about 1 minute to enhance the flavors and allow the spices to meld.
4. Combine Ingredients
   Return the browned beef to the pot. Add the sliced carrots, diced potatoes, and beef broth. Season the mixture with salt and pepper to taste.
5. Simmer
   Bring the stew to a boil, then reduce the heat and let it simmer for 1.5 hours. This slow cooking process ensures the meat becomes tender and the flavors fully develop.
6. Serve
   Once the stew is done, serve it warm. Enjoy the rich and hearty flavors with your loved ones!