A minute steak is a thin, quick-cooking cut of beef that can be a great weeknight fix when dinner needs to get on the table in a hurry. While it might take more than a minute, it is quick! I love pounding hanger steaks, rib eyes or sirloin thin and cooking them this way. Use whatever cut of beef suits your taste and budget. Traditional minute steaks are usually 4 to 5 ounces. Here we are making one large one that serves two people. If you do not want to use alcohol, you can substitute 1/4 cup of your favorite vinegar for the cognac.