Heat olive oil in a large skillet over medium-high heat.
Add diced onion and peppers and cook for about 3-5 minutes, until the onion starts to get translucent.
Add ground beef and cook until browned and is no longer pink.
Add seasoning and red pepper flakes, stir.
Add chicken broth and ramen noodles, stirring to combine evenly.
Make sure all the ramen is covered with chicken broth so that they cook properly.
Allow to cook until ramen is cooked (no longer crunchy), about 3-5 minutes.
While the ramen noodles are cooking, make the cheese sauce.