Here's what you do:
1. Buy a good steak. It doesn't have to be filet mignon, but get a good cut of meat. Avoid "No Name Steaks" at all costs, unless you enjoy eating stew meat.
2. Let it sit out about 15 minutes.
3. Coat with a little bit of olive oil and then season liberally with salt & pepper on both sides. Let it sit out like that for about 30 minutes.
4. After about 30 minutes, heat a couple TBSP butter in a medium skillet over medium-high heat.
5. Fry the steak for about 5 minutes on one side, then flip and fry for about 4 minutes. Try really hard not to flip it more than once. For a 1-inch thick steak, this will give you medium-rare.
See, doesn't that sound easy?
These roasted potatoes go great with it:
Garlic Roasted Potatoes
Recipe by Ina Garten, adapted
Total Cook & Prep time - 1 hr, 10 min
1 1/2 pounds small red or white-skinned potatoes (or a mixture) (I like reds)
1/8 cup good olive oil
3/4 tsp kosher salt
1/2 tsp freshly ground black pepper
2 TBSP minced garlic
2 tsp minced fresh rosemary leaves (If you don't have fresh, omit. Don't use dried)
Preheat the oven to 400 degrees F.
Cut the potatoes in quarters and place in a bowl with the olive oil, salt, pepper, garlic and rosemary; toss until the potatoes are well coated. Dump the potatoes on a baking sheet and spread out into 1 layer; roast in the oven for about 1 hour, or until browned and crisp. Flip twice with a spatula during cooking to ensure even browning (be careful not to burn the garlic, or it will get bitter tasting).
Remove the potatoes from the oven, season to taste, and serve.