1 lb. very lean round steak
4 tsp. salt
1/2 tsp. pepper
1 tsp. chili powder
1 tsp. garlic powder
1 tsp. onion powder
1/4 tsp. cayenne pepper
5 dashes liquid smoke
1/2 c. water

I sometimes don't add these.

Trim meat to remove any fat or connective tissue; place in freezer. Mix all other ingredients. When meat is partially frozen, cut across the grain in slanting slices about 1/8 inch thick. Place in marinade. Stir; cover and chill several hours or overnight. Remove strips from marinade; drain and spread on cake racks placed on baking sheet. Place in 150-200 degree oven with door ajar for about 6 hours or expose to sun until thoroughly dry but still somewhat pliable (6-7 hours). Store in air-tight container. Makes about 8 oz. jerky.