The episode starts at Squidward's house. Squidward is shown pushing what appears to be a sculpture with a sheet over it into his yard. Then, Patrick and SpongeBob call to him and ask if he wants to join them in making arts and crafts. He solemnly says, "No" and tells them that he is a true artist and has a hat to prove it. SpongeBob said he weaved a basket, a wallet and money. Patrick was trying to weave a basket but fails (due to the fact that he kept hammering his finished piece). Squidward walks away bitterly and Patrick becomes upset that he can't make art like SpongeBob and Squidward. SpongeBob shows Patrick how to make a rock with googly eyes on it. Patrick repeats this process and SpongeBob is very impressed (though his rock had googly eyes all over it instead of two normal eyes.) Squidward insults their artwork and then an art critic comes and judges Squidward's work (which was a statue of himself). The art critic says that it is hideous and confiscates Squidward's hat. Then, the art critic judges SpongeBob's art and says it is lame. He then judges Patrick's art and he said it was so wonderful and creative. He gives him $50 and Squidward's hat for it. Squidward is angry at this and repeatedly says over and over "I bet he won't sell another" until SpongeBob stops him. After Patrick sold 4 more rocks Squidward states that he actually wants to go to work today and both SpongeBob and Squidward leave to go to the Krusty Krab.
Patrick's artwork becomes so famous that he ran out of rocks, so he tried to find something else to make art with. First, he paints a beautiful scenery of the night sky and says it is lame. Then, he sculpts a man sitting down, thinking and says that it stinks too. Patrick goes to the Krusty Krab since it is his lunch time and he ordered art advice. Squidward complained it wasn't on the menu until Mr. Krabs appeared and put it on the menu. Mr. Krabs told Squidward to give Patrick art advice, but he didn't. He just told him to look at the patty. Then, he discovered that he can put google eyes on the patty. His Googly Patty got real famous when the art critic mentions that it is the next big thing. Everyone was rushing to the Krusty Krab to get one. Then, Mr. Krabs heard money. He rushed to the cash register and found none. He soon figures out that SpongeBob and Patrick were secretly selling Krabby Patties for $50 and holds them in his office. Squidward sneers at them for getting into trouble, but Patrick said that he followed Squidward's advice. Hearing this, Mr. Krabs realized this was all Squidward's doing and gets really angry at him. So, Mr. Krabs put good use to Squidward.
Now, Krabby Patties are sold at $50. The fish who buys the patty said it was not expensive. Then, the fish went to Patrick's stall. Patrick calls his apprentice, which is really Squidward. Squidward puts glue on the fish's patty. Patrick said that Squidward could be an artist one day. Squidward then bursts to tears.
The googly rock may be a parody of the Pet Rock, which was just a rock sold at a high price with the gimmick of being a pet. Likewise, in the episode, people shell out vast sums of money for rocks just because they have googly eyes glued onto them.
The painting that Patrick creates is Starry Nightby Vincent van Gogh, and the statue he made is The Thinkerby Auguste Rodin.
When Patrick looks at the Krusty Krab menu, Krabby Patty is spelled Krabby Pattie.
While Harold said He's so eccentric, Sadie's facial features are seen slightly detached from her face (seen right).