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Fry bacon in skillet until crispy, remove bacon and crumble.
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Leave 1/3 of the grease in skillet, saving the other 2/3 for later.
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Cook 1 1/2 cups dry rice according to directions, set aside.
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Add chopped onion to bacon grease in skillet, cook until onions are tender.
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In a separate skillet, fry the steak.
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Drain grease when done (don't save).
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Over low heat, add steak, crumbled bacon, and rice to the onions and bacon grease, stirring to coat mixture.
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Add the extra bacon grease slowly if needed to achieve desired consistency.
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Personally, I like to use about half of the saved grease.
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Add salt, pepper, and crushed red pepper to taste.
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Serve as a main dish or interesting side--enjoy!