Remove beef from refrigerator about 30 minutes before you need to cook it
Season beef generously with salt and pepper
Preheat the oven to 300˚.
Heat a large pot over medium-high heat. Add olive oil
When the oil in the pot is hot, add roast to pot and brown on all sides, about 2 minutes per side. Remove the seared beef to a platter
Add onions to pot and brown slightly.
Place roast back into pan (on top of onions)
Pour beef broth on top of roast (you can also use another liquid to braise, if desired)
Add carrots. If desired, add a sprig of rosemary and thyme.
Put the lid on, then roast in the oven at 300 degrees for approximately 3 hours (for a 3-pound roast). For a 4 to 5-pound roast, plan on 4 hours. An instant read thermometer should read 145 degrees.