In a large pot over medium heat, add olive oil, yellow onion and jalapeño. Saute for 5-7 minutes, until onions are translucent. Stir in garlic and saute for 2 minutes, until garlic is fragrant.
Add turkey, and break up into pieces using a wooden spoon, inside the pot. Cook until all sides are just browned and no longer pink - about 8-10 minutes. Season with 1/2 teaspoon salt and 1/2 teaspoon black pepper.
Add in drained beans, chicken broth, squash, and remaining spices. Gently combine.
Increase temperature, to a boil then reduce to low, and simmer for 20 minutes, until butternut squash is fork tender/soft.
Remove from heat, and dig in! Top with cilantro and/or your favorite chili toppings and enjoy.