Creating Five-Alarm Chili is straightforward when you follow these steps:

1. Heat Oil: In a large pot, heat the olive oil over medium heat.
2. Sauté Aromatics: Add the diced onion and sauté until translucent, about 5 minutes. Stir in the minced garlic and cook for another minute.
3. Brown the Meat: Add the ground beef or turkey to the pot. Cook until browned, breaking it apart with a spoon, about 7-10 minutes.
4. Add Peppers: Stir in the diced jalapeño and habanero peppers. Cook for 2-3 minutes until they soften.
5. Combine Ingredients: Add the kidney beans, black beans, crushed tomatoes, and broth to the pot. Stir well to combine.
6. Season the Chili: Sprinkle in the chili powder, cumin, smoked paprika, oregano, salt, and pepper. Stir to evenly distribute the spices.
7. Simmer: Bring the chili to a boil, then reduce the heat to low. Cover and let it simmer for 30 minutes, stirring occasionally.
8. Taste and Adjust: After simmering, taste the chili. Adjust seasonings or add more peppers if you desire extra heat.
9. Serve Hot: Ladle the chili into bowls and garnish with fresh cilantro. Add sour cream and shredded cheese if desired.

These simple steps will help you create a delicious pot of Five-Alarm Chili that will have everyone coming back for seconds!