Follow these steps to bring this delicious dip to life:

1. Heat olive oil in a large pan over medium heat. Add the sliced onions, sugar, salt, and pepper. Stir well to coat the onions with the oil and seasonings.
2. Reduce the heat to low and cook the onions slowly, stirring occasionally, for about 30-40 minutes until they are deep golden brown and caramelized. This process cannot be rushed, as it’s crucial for developing the sweet flavor.
3. Once the onions are caramelized, remove them from the heat and let them cool slightly.
4. In a large mixing bowl, combine the softened cream cheese, sour cream, mayonnaise, garlic powder, and Worcestershire sauce.
5. Add the caramelized onions to the cream mixture and stir until well combined. For a smoother consistency, you can use a hand mixer to blend the ingredients thoroughly.
6. Transfer the dip to a serving bowl and cover it. Refrigerate for at least 30 minutes to let the flavors meld together.
7. Before serving, give the dip a good stir. Taste and adjust the seasoning if necessary.

Remember, patience is key when caramelizing the onions. Embrace the time and let the magic unfold as you cook, just like my abuela taught me.