Mr. Krabs has Squidward direct a commercial for the Krusty Krab. When he finds out how much money Squidward is using, he decides to direct it himself. SpongeBob has a small (and I do mean small) role in the commercial. After the commercial airs (at 3:28am), SpongeBob thinks he is now famous and his ego gets twice as big.
Squidward quits his job because Mr. Krabs accuses him of stealing his first dime he ever made. Squidward ends up on the street only to find himself being waited on hand and foot by SpongeBob because he feels sorry him. But after a while SpongeBob becomes aggravated by the fact that Squidward has not yet began to look for a job.