Heat skillet over medium high heat. Once hot (wait a minute or two), add butter or oil.
Once the butter is melted and starting to froth, sprinkle the pinch of paprika over the butter.
After 15-30 seconds or until you can smell the paprika, add the egg and sprinkle with salt.
Allow to steam for 1-2 minutes until the egg yolk has a white layer over it. Remove from heat and serve. If you want a more cooked egg, wait another 30 seconds after the white layer appears.
Serve hot by sliding the egg from the skillet onto your plate.
Notes
Don't let the butter burn! Brown is ok.If using oil, wait until oil is shimmering before adding paprika.If not using paprika (just adds a subtle flavor) then add egg once butter is starting to bubble or froth. If you'd like a more tender egg white, add a tablespoon of water to the pan before placing the lid on the skillet.