Preparing the Chili Cheese Potato Skillet is straightforward if you follow these simple steps:

1. Prepare the Potatoes: Wash and dice the potatoes into small cubes. This will ensure they cook evenly.
2. Heat the Skillet: In a large skillet, heat the olive oil over medium heat.
3. Sauté Onions and Garlic: Add the chopped onion to the skillet and sauté for 2-3 minutes until soft. Then, add the minced garlic and sauté for an additional minute until fragrant.
4. Cook the Potatoes: Add the diced potatoes to the skillet. Season with salt, pepper, chili powder, and cumin. Stir well to coat the potatoes with spices.
5. Cover and Cook: Cover the skillet with a lid and cook for about 10-15 minutes, stirring occasionally, until the potatoes are tender and golden brown.
6. Add Chili: Once the potatoes are cooked, pour the can of chili over the potatoes. Stir well to combine everything evenly.
7. Top with Cheese: Sprinkle the shredded cheddar cheese over the chili and potatoes. Cover the skillet again and let the cheese melt for about 2-3 minutes.
8. Serve: Once the cheese is melted and bubbly, remove the skillet from heat.
9. Garnish: Add any optional toppings like sour cream, jalapeños, green onions, or cilantro.

These steps will guide you in creating an incredible Chili Cheese Potato Skillet effortlessly.