Prepare the Beef: Sprinkle the cube steaks with kosher salt and freshly ground black pepper. Combine the flour, onion powder, and garlic powder in a bowl and dredge the steaks to coat.Cook the Cube Steaks: Heat 2 tablespoons of olive oil in a skillet over medium-high heat. Cook the cube steaks for 8 to 10 minutes, turning them to brown both sides. Remove the steaks to a plate and set aside.

Make the Gravy: Add the butter to the skillet and place it over medium heat. When the butter stops foaming, add the minced shallots and mushrooms. Cook until the mushrooms are golden brown and their liquids have evaporated. Add the garlic and continue cooking for 1 minute. Add the thyme and flour to the skillet and stir until well blended. Continue cooking for 2 minutes. Gradually add the beef stock and continue cooking until the sauce has thickened. Taste and adjust seasonings.

Finish the Dish: Add the steaks back to the mushroom and gravy mixture and heat through. Serve and enjoy.